Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Receives $13.83 Average Target Price from Analysts

Shares of Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report) have received an average recommendation of "Moderate Buy" from the seven ratings firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $13.83.

Several equities analysts have recently commented on DNB shares. JPMorgan Chase & Co. upped their price target on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a research report on Monday, August 5th. Royal Bank of Canada reduced their price objective on Dun & Bradstreet from $15.00 to $12.00 and set a "sector perform" rating for the company in a research report on Friday, August 2nd. The Goldman Sachs Group raised their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the company a "neutral" rating in a research report on Monday, August 5th. Needham & Company LLC reiterated a "buy" rating and set a $17.00 price target on shares of Dun & Bradstreet in a research report on Friday, November 1st. Finally, Barclays raised their price target on Dun & Bradstreet from $11.00 to $12.00 and gave the company an "equal weight" rating in a report on Friday, September 13th.

Dun & Bradstreet Stock Performance

Shares of NYSE:DNB traded up $0.11 during trading on Friday, reaching $12.33. 2,926,451 shares of the company's stock traded hands, compared to its average volume of 3,383,332. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The company has a 50 day moving average of $11.49 and a 200-day moving average of $10.68. Dun & Bradstreet has a 12 month low of $8.77 and a 12 month high of $12.75. The stock has a market capitalization of $5.44 billion, a P/E ratio of -154.13, a price-to-earnings-growth ratio of 3.33 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 earnings per share for the quarter, hitting analysts' consensus estimates of $0.27. Dun & Bradstreet had a positive return on equity of 11.50% and a negative net margin of 1.46%. The business had revenue of $609.10 million for the quarter, compared to analysts' expectations of $605.64 million. During the same period in the prior year, the firm earned $0.23 EPS. The business's quarterly revenue was up 3.5% on a year-over-year basis. On average, equities analysts expect that Dun & Bradstreet will post 0.89 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.62%. Dun & Bradstreet's dividend payout ratio is currently -250.00%.

Hedge Funds Weigh In On Dun & Bradstreet

Several hedge funds have recently made changes to their positions in DNB. GSA Capital Partners LLP bought a new stake in Dun & Bradstreet during the first quarter worth approximately $622,000. Duality Advisers LP acquired a new stake in shares of Dun & Bradstreet during the first quarter worth $366,000. Quantbot Technologies LP acquired a new stake in shares of Dun & Bradstreet during the first quarter worth $1,844,000. Swiss National Bank lifted its holdings in shares of Dun & Bradstreet by 9.2% during the first quarter. Swiss National Bank now owns 520,000 shares of the business services provider's stock valued at $5,221,000 after purchasing an additional 43,900 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Dun & Bradstreet by 11.9% in the 1st quarter. Sei Investments Co. now owns 481,473 shares of the business services provider's stock valued at $4,833,000 after purchasing an additional 51,228 shares during the period. Institutional investors and hedge funds own 86.68% of the company's stock.

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.