Looking To Buy Dun & Bradstreet Holdings Inc. (DNB)? Read This First

Dun & Bradstreet Holdings Inc. (NYSE:DNB) saw a downside of -5.36% to close Tuesday at $10.94 after subtracting -$0.62 on the day. The 5-day average trading volume is 2,998,680 shares of the company’s common stock. It has gained $11.95 in the past week and touched a new high 3 times within the past 5 days. An average of 2,840,415 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,680,018.

DNB’s 1-month performance is -7.05% or -$0.65 on its low of $10.74 reached on 08/08/23. The company’s shares have touched a 52-week low of $9.50 and high of $16.67, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, DNB has lost -10.77% or -$1.32 and has reached a new high 14 times. However, the current price is down -34.37% from the 52-week high price.

Insider Transactions

DNB stock investors last saw insider trading activity on May 24.FOLEY WILLIAM P II (Executive Chairman) most recently sold 1,290,994 shares at $10.72 per share on May 10. This transaction cost the insider $13,839,456. Director, Massey Richard N, sold 181,630 shares at a price of $13.00 on Dec 15. Then, on Nov 17, Director THOMAS H. LEE ADVISORS, LLC sold 8,287,846 shares at a price of $13.40 per share. This transaction amounted to $111,098,576.

Valuation Metrics

DNB stock has a beta of 1.04. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.07 while the price-to-book (PB) in the most recent quarter is 1.36, with the price to cash flow ratio at 15.49.

Dun & Bradstreet Holdings Inc.’s quick ratio for the period ended June 29 was 0.60, with the current ratio over the same period at 0.60. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.03, while the total debt to equity was 1.04.. In terms of profitability, the gross margin trailing 12 months is 66.80%. The trailing 12-month EBITDA margin is 36.37% while for the period ending June 29, Dun & Bradstreet Holdings Inc.’s operating margin was 6.70%. The firm’s gross profit as reported stood at $1.5 billion against revenue of $2.22 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected DNB to announce $0.21 per share in earnings in its latest quarter, but it posted $0.22, representing a 4.80% surprise. EBITDA for the quarter stood at more than $165.7 million. DNB stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.82 billion, with total debt at $3.7 billion. Shareholders hold equity totaling $439.23 million.

Let’s look briefly at Dun & Bradstreet Holdings Inc. (DNB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 33.27% to suggest the stock is trending Neutral, with historical volatility in this time period at 41.78%.

The stock’s 5-day moving average is $11.36, reflecting a -6.01% or -$0.70 change from its current price. DNB is currently trading -8.68% above its 20-day SMA, -1.08% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +12.55% and SMA200 by-5.69%.

Stochastic %K and %D was 32.22% and 28.59% and the average true range (ATR) pointed at 0.44. The RSI (14) points at 38.76%, while the 14-day stochastic is at 12.62% with the period’s ATR at 0.40. The stock’s 9-day MACD Oscillator is pointing at -0.10 and -0.26 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Dun & Bradstreet Holdings Inc. (NYSE: DNB), Deutsche Bank upgraded it to a Buy rating. They previously had a Hold rating on the stock. Analysts offering their rating for DNB stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate DNB as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 7 have offered a “buy” rating.

What is DNB’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $11.00 and a high of $18.00, with their median price target at $15.25. Looking at these predictions, the average price target given by analysts is for Dun & Bradstreet Holdings Inc. (DNB) stock is $14.93.

Most Popular

Related Posts