Stock Price Prediction

MHH stock closed at $14.90 recently, reflecting a 1.43% increase. The bull's view is optimistic due to robust Q3 2024 EPS growth (23 cents vs. 11 cents YoY) and leadership transition to Nirav Patel, which could drive strategic growth. Analysts may anticipate a price target of $18–$20 if earnings momentum sustains and leadership executes effectively.

MHH stock closed at $13.97 on January 31, 2025, with a 3.10% increase during regular trading hours but a 1.43% decline in post-market trading. The bearish view stems from the following:

1. Leadership Transition Uncertainty: Vivek Gupta's resignation as CEO on February 28, 2025, and Nirav Patel's recent appointment may create short-term instability, impacting investor confidence.

2. Technical Indicators: RSI at 47.80 suggests neutral momentum, while MACD shows no clear bullish crossover, indicating limited upward potential.

3. Resistance Levels: The stock faces resistance at $14.82 (Fibonacci R1), with limited immediate catalysts to break higher.

The market consensus for MHH's revenue in the upcoming quarter is projected to be approximately $48.392M USD.

The market consensus for MHH's eps in the upcoming quarter is projected to be approximately $0.2 USD.