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Shares of Dun & Bradstreet Holdings, Inc. (NYSE: DNB) received an average “Buy†rating from the six analysts who hedge the stock, reports Marketbeat Ratings. Two equity research analysts rated the stock with a keep recommendation and four issued a buy recommendation on the company. The 12-month average target price among brokers who reported on the stock in the past year is $ 24.60.
Several research analysts have weighed in on the company recently. Royal Bank of Canada reduced its target price on Dun & Bradstreet from $ 24.00 to $ 20.00 and established an “outperformance” rating for the company in a research note on Friday, December 10. The company’s presentation at the Cannae Holdings conference highlighted its trajectory towards mid single-digit organic growth as well as accelerating new product development, the analyst told investors in a research note. Sabadra adds that the lower price target reflects potential FY22 headwinds, but a faster than expected organic revenue ramp and better than expected operating leverage could serve as catalysts for Dun & Bradstreet. Citigroup reduced its price target on Dun & Bradstreet from $ 28.00 to $ 21.00 and set a “neutral” rating for the company in a research note on Wednesday, September 29. Zacks Investment Research upgraded Dun & Bradstreet from a “sell†rating to a “conservation†rating in a research note dated Wednesday, October 6. Finally, Raymond James increased his price target on Dun & Bradstreet from $ 26.00 to $ 27.00 and gave the company an “outperformance” rating in a research note on Friday, November 5.
DNB shares traded up $ 0.11 during trading hours on Friday, reaching $ 20.09. 1,014,423 shares of the company were traded, against an average volume of 2,042,237. The company has a rapid ratio of 0.71, a current ratio of 0.71 and a debt ratio of 0.97. The company has a market cap of $ 8.66 billion, a P / E ratio of -167.40 and a beta of 0.58. The company has a 50-day moving average of $ 19.03 and a two-hundred-day moving average of $ 19.29. Dun & Bradstreet has a 52 week low at $ 16.61 and a 52 week high of $ 26.95.
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Dun & Bradstreet (NYSE: DNB) last reported its results on Thursday, November 4. The business services provider reported earnings of $ 0.29 per share for the quarter, beating Thomson Reuters’ consensus estimate of $ 0.26 of $ 0.03. The company posted revenue of $ 541.90 million in the quarter, compared to a consensus estimate of $ 533.67 million. Dun & Bradstreet recorded a positive return on equity of 12.10% and a negative net margin of 2.59%. The company’s quarterly revenue grew 21.9% year-over-year. During the same period of the previous year, the company posted EPS of $ 0.24. On average, stock analysts forecast Dun & Bradstreet to post 1 earnings per share for the current fiscal year.
A number of large investors have recently changed their holdings to DNB. Metropolitan Life Insurance Co NY increased its holdings in Dun & Bradstreet by 66,120.0% in the 2nd quarter. Metropolitan Life Insurance Co NY now owns 3,311 shares of the business services provider valued at $ 71,000 after purchasing an additional 3,306 shares in the last quarter. AGF Investments Inc. purchased a new stake in Dun & Bradstreet in the 3rd quarter for a value of $ 168,000. Levin Capital Strategies LP purchased a new stake in Dun & Bradstreet in the second quarter valued at $ 214,000. Bridgefront Capital LLC purchased a new stake in Dun & Bradstreet in the third quarter valued at $ 214,000. Finally, Walleye Capital LLC increased its stake in Dun & Bradstreet shares by 27.3% during the 2nd quarter. Walleye Capital LLC now owns 11,200 shares of the business service provider valued at $ 239,000 after purchasing an additional 2,400 shares during the period. Institutional investors hold 74.96% of the shares of the company.
Dun & Bradstreet Company Profile
Dun & Bradstreet Holdings, Inc provides business decision data and analysis in North America and internationally. It offers financing and risk solutions, including D&B Finance Analytics, an online application that offers clients real-time access to its information, comprehensive monitoring and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into business applications for real-time credit decision making.
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