Dun & Bradstreet (NYSE:DNB) Shares Gap Up - Time to Buy?

Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $10.84, but opened at $11.70. Dun & Bradstreet shares last traded at $12.18, with a volume of 439,756 shares changing hands.

Wall Street Analyst Weigh In

DNB has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. raised their target price on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the stock a "neutral" rating in a report on Monday, August 5th. The Goldman Sachs Group raised their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the stock a "neutral" rating in a report on Monday, August 5th. Needham & Company LLC restated a "buy" rating and issued a $17.00 target price on shares of Dun & Bradstreet in a report on Monday, August 5th. Finally, Royal Bank of Canada dropped their target price on shares of Dun & Bradstreet from $15.00 to $12.00 and set a "sector perform" rating on the stock in a report on Friday, August 2nd. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Dun & Bradstreet presently has a consensus rating of "Moderate Buy" and an average price target of $13.85.

Dun & Bradstreet Stock Performance

The stock has a market cap of $5.25 billion, a P/E ratio of -148.63, a price-to-earnings-growth ratio of 2.66 and a beta of 1.16. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.71. The firm's 50 day moving average is $11.48 and its 200 day moving average is $10.55.

Dun & Bradstreet (NYSE:DNB - Get Free Report) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The firm had revenue of $576.20 million during the quarter, compared to analysts' expectations of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The business's revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.17 EPS. Analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current year.

Dun & Bradstreet Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Thursday, December 5th. Dun & Bradstreet's payout ratio is currently -250.00%.

Institutional Investors Weigh In On Dun & Bradstreet

A number of institutional investors have recently made changes to their positions in the stock. Evermay Wealth Management LLC purchased a new stake in shares of Dun & Bradstreet during the 1st quarter worth approximately $37,000. Blue Trust Inc. increased its stake in Dun & Bradstreet by 129.1% in the 2nd quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider's stock valued at $46,000 after buying an additional 2,563 shares during the period. Headlands Technologies LLC acquired a new position in shares of Dun & Bradstreet during the 1st quarter worth $70,000. Canada Pension Plan Investment Board grew its stake in shares of Dun & Bradstreet by 85.1% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider's stock worth $81,000 after purchasing an additional 4,000 shares during the period. Finally, Xponance Inc. acquired a new position in shares of Dun & Bradstreet during the 2nd quarter worth $100,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

About Dun & Bradstreet

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.