Reasons why Dun & Bradstreet Holdings Inc’s (NYSE:DNB) fundamentals are futile

In yesterday’s Wall Street session, Dun & Bradstreet Holdings Inc (NYSE:DNB) shares traded at $9.58, down -2.64% from the previous session.

DNB stock price is now -8.46% away from the 50-day moving average and -10.45% away from the 200-day moving average. The market capitalization of the company currently stands at $4.20B.

With the price target maintained at $18, Raymond James recently Upgraded its rating from Outperform to Strong Buy for Dun & Bradstreet Holdings Inc (NYSE: DNB). , while ‘Deutsche Bank’ rates the stock as ‘Buy’

In other news, Cannae Holdings, Inc., Director sold 10,000,000 shares of the company’s stock on Mar 18 ’24. The stock was sold for $100,900,000 at an average price of $10.09. Upon completion of the transaction, the Director now directly owns 69,048,691 shares in the company, valued at $661.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’23, 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 $215.79 million. A total of 34.80% of the company’s stock is owned by insiders.

During the past 12 months, Dun & Bradstreet Holdings Inc has had a low of $8.68 and a high of $12.62. As of last week, the company has a debt-to-equity ratio of 1.05, a current ratio of 0.63, and a quick ratio of 0.63. The fifty day moving average price for DNB is $10.42 and a two-hundred day moving average price translates $10.69 for the stock.

The latest earnings results from Dun & Bradstreet Holdings Inc (NYSE: DNB) was released for Dec, 2023. According to the Financial Data & Stock Exchanges Company, earnings per share came in at $0.32, beating analysts’ expectations of $0.31 by 0.01. This compares to $0.05 EPS in the same period last year. The net profit margin was -2.03% and return on equity was -1.36% for DNB. The company reported revenue of $630.4 million for the quarter, compared to $595.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.95 percent. For the current quarter, analysts expect DNB to generate $565.55M in revenue.

Dun & Bradstreet Holdings Inc(DNB) Company Profile

Dun & Bradstreet Holdings, Inc., together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance 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 enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership. The company also provides sales and marketing solutions, including D&B Connect, a self-service data management platform; D&B Optimizer, an integrated data management solution; D&B Rev.Up ABX, an open and agnostic platform that aligns marketing and sales teams to deliver an optimal and coordinated buying; D&B Hoovers, a sales intelligence solution; D&B Audience Targeting, which helps clients to reach the right audiences with the right messages; D&B Visitor Intelligence that turns web visitors into leads; D&B Direct, an API-enabled data management solution; and InfoTorg, an online SaaS application that provides information services. Dun & Bradstreet Holdings, Inc. was founded in 1841 and is headquartered in Jacksonville, Florida.

Related Posts