Do investors have a safe investment in Dun & Bradstreet Holdings Inc (NYSE:DNB)?

The price of Dun & Bradstreet Holdings Inc (NYSE:DNB) shares last traded on Wall Street fell -0.71% to $9.78.

Based on available information, 13 analysts follow Dun & Bradstreet Holdings Inc (NYSE:DNB). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $18.00 and a low of $10.30, we find $14.00. Given the previous closing price of $9.85, this indicates a potential upside of 42.13 percent. DNB stock price is now -0.08% away from the 50-day moving average and -11.22% away from the 200-day moving average. The market capitalization of the company currently stands at $4.29B.

Among analysts, 5 rate the stock a hold while 6 rate it a buy. Brokers who have rated the stock have averaged $13.87 as their price target over the next twelve months.

In other news, THOMAS H. LEE ADVISORS, LLC, Director sold 13,396,742 shares of the company’s stock on Nov 07. The stock was sold for $127,429,810 at an average price of $9.51. Upon completion of the transaction, the Director now directly owns 22,525,103 shares in the company, valued at $220.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07, Director THOMAS H. LEE ADVISORS, LLC sold 13,396,742 shares of the business’s stock. A total of $127,429,810 was realized by selling the stock at an average price of $9.51. This leaves the insider owning 22,525,103 shares of the company worth $220.3 million. Insiders disposed of 45,653,378 shares of company stock worth roughly $446.49 million over the past 1 year. A total of 40.98% of the company’s stock is owned by insiders.

A candlestick chart of Dun & Bradstreet Holdings Inc (NYSE: DNB) showed a price of $9.88 on Thursday morning. During the past 12 months, Dun & Bradstreet Holdings Inc has had a low of $8.68 and a high of $15.45. As of last week, the company has a debt-to-equity ratio of 1.08, a current ratio of 0.73, and a quick ratio of 0.73. The fifty day moving average price for DNB is $9.79 and a two-hundred day moving average price translates $11.02 for the stock.

The latest earnings results from Dun & Bradstreet Holdings Inc (NYSE: DNB) was released for Sep, 2023. According to the Financial Data & Stock Exchanges Company, earnings per share came in at $0.27, beating analysts’ expectations of $0.26 by 0.01. This compares to $0.02 EPS in the same period last year. The net profit margin was -1.14% and return on equity was -0.75% for DNB. The company reported revenue of $588.5 million for the quarter, compared to $556.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.79 percent. For the current quarter, analysts expect DNB to generate $622.37M in revenue.

Related Posts