Mastech Holdings Stock Today
| MHH Stock | USD 8.80 0.07 0.79% |
Performance4 of 100
| Odds Of DistressLess than 8
|
Mastech Holdings is trading at 8.80 as of the 23rd of April 2024. This is a -0.79 percent decrease since the beginning of the trading day. The stock's open price was 8.87. Mastech Holdings has only a 8 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Mastech Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Mastech Digital, Inc., together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. Mastech Digital, Inc. was founded in 1986 and is headquartered in Pittsburgh, Pennsylvania. The company has 11.62 M outstanding shares of which 7.84 K shares are now shorted by investors with about 2.29 days to cover. More on Mastech Holdings
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Follow Valuation Odds of Bankruptcy
Financial Report 1st of May 2024
Mastech Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mastech Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mastech Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Kevin Horner |
| Old Names | [MEDISANA , MEDISANA , MEDISANA - Dusseldorf Stock Exchang, MEDISANA , MEDISANA (MHH.SG), MEDISANA - Frankfurt Stock Exchang, Magellan High Conviction Trust] |
| Business Concentration | Human Resource & Employment Services, Commercial & Professional Services, Industrials, Australia All Ordinaries, Industrials, Professional Services, Staffing & Employment Services, Industrials (View all Sectors) |
| Financial Strength Based on the key indicators related to Mastech Holdings' liquidity, profitability, solvency, and operating efficiency, Mastech Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Mastech Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency. | |
Mastech Holdings (MHH) is traded on NYSE MKT Exchange in USA. It is located in Building 210, Pittsburgh, PA, United States, 15108 and employs 1,397 people. Mastech Holdings is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 103.11 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mastech Holdings's market, we take the total number of its shares issued and multiply it by Mastech Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mastech Holdings runs under Professional Services sector within Industrials industry. The entity has 11.62 M outstanding shares of which 7.84 K shares are now shorted by investors with about 2.29 days to cover.
Mastech Holdings has about 7.06 M in cash with 15.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58.
Check Mastech Holdings Probability Of Bankruptcy
Ownership AllocationMastech Holdings holds a total of 11.62 Million outstanding shares. Mastech Holdings secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 71.82 % of Mastech Holdings outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Mastech Ownership Details
Mastech Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Mastech Holdings jumping above the current price in 90 days from now is about 35.38%. The Mastech Holdings probability density function shows the probability of Mastech Holdings stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Mastech Holdings has a beta of 0.1447. This indicates as returns on the market go up, Mastech Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mastech Holdings will be expected to be much smaller as well. Additionally, mastech Holdings has an alpha of 0.0645, implying that it can generate a 0.0645 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Mastech Holdings to move above the current price in 90 days from now is about 35.38 (This Mastech Holdings probability density function shows the probability of Mastech Stock to fall within a particular range of prices over 90 days) .
Mastech Holdings Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mastech Holdings market risk premium is the additional return an investor will receive from holding Mastech Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mastech Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mastech Holdings' alpha and beta are two of the key measurements used to evaluate Mastech Holdings' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0445 | |||
| Jensen Alpha | 0.0645 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0) |
Mastech Stock Against Markets
Picking the right benchmark for Mastech Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mastech Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mastech Holdings is critical whether you are bullish or bearish towards Mastech Holdings at a given time. Please also check how Mastech Holdings' historical prices are related to one of the top price index indicators.
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Mastech Holdings Corporate Executives
Elected by the shareholders, the Mastech Holdings' board of directors comprises two types of representatives: Mastech Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mastech. The board's role is to monitor Mastech Holdings' management team and ensure that shareholders' interests are well served. Mastech Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mastech Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Cronin | Chief Financial Officer, Corporate Secretary | Profile |
How to buy Mastech Stock?
Before investing in Mastech Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mastech Holdings. To buy Mastech Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mastech Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Mastech Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Mastech Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Mastech Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mastech Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Mastech Stock please use our How to Invest in Mastech Holdings guide.
Already Invested in Mastech Holdings?
The danger of trading Mastech Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mastech Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mastech Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mastech Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Mastech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mastech Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mastech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastech Holdings Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.Note that the Mastech Holdings information on this page should be used as a complementary analysis to other Mastech Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Mastech Stock analysis
When running Mastech Holdings' price analysis, check to measure Mastech Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mastech Holdings is operating at the current time. Most of Mastech Holdings' value examination focuses on studying past and present price action to predict the probability of Mastech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mastech Holdings' price. Additionally, you may evaluate how the addition of Mastech Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Mastech Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mastech Holdings. If investors know Mastech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mastech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mastech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mastech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastech Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.