Definitive Healthcare (DH) Stock Price, News & Analysis

Company Overview

Definitive Healthcare Corp., together with its subsidiaries, provides software as a service (SaaS) healthcare commercial intelligence platform in the United States and internationally. Its SaaS platform provides information on healthcare providers and their activities to help its customers from product development to go-to-market planning, and sales and marketing execution. The company's platform consists of various functional areas, such as sales, marketing, clinical research and product development, strategy, talent acquisition, and physician network management. It serves biopharmaceutical and medical device companies, healthcare information technology companies, and healthcare providers; and other diversified companies comprising staffing and commercial real estate firms, financial institutions, and other organizations in the healthcare ecosystem. Definitive Healthcare Corp. was founded in 2011 and is headquartered in Framingham, Massachusetts.

Key Stats

• Today's Range: $4.07 to $4.32
• 50-Day Range: $4.08 to $4.77
• 52-Week Range: $3.19 to $10.62
• Volume: 852,709 shs
• Average Volume: 720,932 shs
• Market Capitalization: $482.89 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.72
• Consensus Rating: Hold

Definitive Healthcare Stock Analysis - MarketRank™

Definitive Healthcare scored higher than 59% of companies evaluated by MarketBeat, and ranked 409th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Definitive Healthcare has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 3 buy ratings, 8 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Definitive Healthcare has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -12.50%

Earnings Growth

Earnings for Definitive Healthcare are expected to decrease by -12.50% in the coming year, from $0.16 to $0.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Definitive Healthcare is -1.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Definitive Healthcare is -1.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Definitive Healthcare has a PEG Ratio of 3.29. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Definitive Healthcare has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.32% of the float of Definitive Healthcare has been sold short.

Short Interest Ratio / Days to Cover

Definitive Healthcare has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Definitive Healthcare has recently decreased by 9.23%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Definitive Healthcare does not currently pay a dividend.

Dividend Growth

Definitive Healthcare does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.32% of the float of Definitive Healthcare has been sold short.

Short Interest Ratio / Days to Cover

Definitive Healthcare has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Definitive Healthcare has recently decreased by 9.23%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.78

News Sentiment

Definitive Healthcare has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Definitive Healthcare this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for DH on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Definitive Healthcare insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $211,500.00 in company stock.

Percentage Held by Insiders

14.84% of the stock of Definitive Healthcare is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

98.67% of the stock of Definitive Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DH Stock Analysis - Frequently Asked Questions

How have DH shares performed this year?

Definitive Healthcare's stock was trading at $9.94 at the beginning of 2024. Since then, DH shares have decreased by 57.9% and is now trading at $4.18.
View the best growth stocks for 2024 here.

How were Definitive Healthcare's earnings last quarter?

Definitive Healthcare Corp. (NASDAQ:DH) posted its quarterly earnings results on Monday, August, 5th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.00. The business's revenue was up 4.4% compared to the same quarter last year.

When did Definitive Healthcare IPO?

Definitive Healthcare (DH) raised $350 million in an initial public offering (IPO) on Wednesday, September 15th 2021. The company issued 15,555,555 shares at $21.00-$24.00 per share.

Who are Definitive Healthcare's major shareholders?

Definitive Healthcare's top institutional shareholders include Massachusetts Financial Services Co. MA (5.13%), State Street Corp (1.21%), Geode Capital Management LLC (1.07%) and 272 Capital LP (0.96%). Insiders that own company stock include Sea Vii Management, Llc, William Moschella, Jeffrey Charles Haywood and Richard Douglas Booth.
View institutional ownership trends.

How do I buy shares of Definitive Healthcare?

Shares of DH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Definitive Healthcare own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Definitive Healthcare investors own include AUO (AUOTY), American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), Triple Flag Precious Metals (TFPM) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 8/05/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:DH
• CUSIP: N/A
• CIK: 1861795
• Web: www.definitivehc.com
• Phone: 508-720-4224
• Fax: N/A
• Employees: 970
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.72
• High Stock Price Target: $8.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +36.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 26.13
• P/E Growth: 3.29
• Net Income: $-202,390,000.00
• Net Margins: -142.38%
• Pretax Margin: -217.05%
• Return on Equity: 1.76%
• Return on Assets: 1.12%

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 2.49
• Quick Ratio: 2.49

Sales & Book Value

• Annual Sales: $255.85 million
• Price / Sales: 1.89
• Cash Flow: $2.75 per share
• Price / Cash Flow: 1.52
• Book Value: $10.31 per share
• Price / Book: 0.41

Miscellaneous

• Outstanding Shares: 115,523,000
• Free Float: 98,379,000
• Market Cap: $482.89 million
• Optionable: Not Optionable
• Beta: 1.40