Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB) have earned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $13.83.

A number of equities research analysts recently weighed in on DNB shares. Royal Bank of Canada decreased their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Friday, August 2nd. Needham & Company LLC reissued a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a research report on Friday, November 1st. Barclays lifted their target price on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Friday, September 13th. JPMorgan Chase & Co. lifted their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Finally, The Goldman Sachs Group lifted their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a research report on Monday, August 5th.

Dun & Bradstreet Trading Down 1.4 %

Dun & Bradstreet stock opened at $12.13 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 0.70. The business’s 50-day simple moving average is $11.54 and its 200-day simple moving average is $10.78. The firm has a market capitalization of $5.35 billion, a PE ratio of -151.56, a PEG ratio of 3.45 and a beta of 1.15. Dun & Bradstreet has a 52 week low of $8.77 and a 52 week high of $12.75.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. The business had revenue of $609.10 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 earnings per share. Equities research analysts forecast that Dun & Bradstreet will post 0.88 earnings per share for the current year.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date is Thursday, December 5th. Dun & Bradstreet’s payout ratio is -250.00%.

Institutional Investors Weigh In On Dun & Bradstreet

Institutional investors have recently added to or reduced their stakes in the stock. Evermay Wealth Management LLC acquired a new position in shares of Dun & Bradstreet in the 1st quarter worth approximately $37,000. Blue Trust Inc. boosted its holdings in shares of Dun & Bradstreet by 129.1% in the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after acquiring an additional 2,563 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Dun & Bradstreet in the 1st quarter worth approximately $70,000. Canada Pension Plan Investment Board boosted its holdings 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 worth $81,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Xponance Inc. acquired a new position in shares of Dun & Bradstreet in the 2nd quarter worth approximately $100,000. 86.68% of the stock is owned by institutional investors and hedge funds.

Dun & Bradstreet 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.