Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.13 Average Price Target from Analysts

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have received a consensus rating of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $13.13.

DNB has been the subject of several recent research reports. Needham & Company LLC reissued a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a report on Friday, November 1st. StockNews.com raised shares of Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

Dun & Bradstreet Trading Up 2.3 %

DNB stock opened at $11.76 on Thursday. Dun & Bradstreet has a 1-year low of $8.77 and a 1-year high of $12.94. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The business’s 50 day moving average is $12.11 and its 200-day moving average is $11.69. The firm has a market cap of $5.19 billion, a P/E ratio of -147.00, a P/E/G ratio of 2.70 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. The business had revenue of $609.10 million during the quarter, compared to analysts’ expectations of $605.64 million. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 earnings per share. Equities analysts anticipate that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dun & Bradstreet

Hedge funds and other institutional investors have recently made changes to their positions in the business. Blue Trust Inc. boosted its position in Dun & Bradstreet by 28.2% in the third quarter. Blue Trust Inc. now owns 5,833 shares of the business services provider’s stock valued at $67,000 after buying an additional 1,284 shares in the last quarter. Canada Pension Plan Investment Board lifted its stake in shares of Dun & Bradstreet by 85.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock valued at $81,000 after acquiring an additional 4,000 shares during the last quarter. Xponance Inc. acquired a new stake in shares of Dun & Bradstreet during the 2nd quarter valued at $100,000. KBC Group NV grew its position in Dun & Bradstreet by 33.9% during the 3rd quarter. KBC Group NV now owns 9,878 shares of the business services provider’s stock worth $114,000 after acquiring an additional 2,499 shares during the last quarter. Finally, Paloma Partners Management Co acquired a new position in Dun & Bradstreet in the 3rd quarter worth about $117,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.