Recent Analyst Rating Updates for Dun & Bradstreet (DNB)

Dun & Bradstreet (NYSE: DNB ) recently received a number of price target changes and rating updates:

• 08/05/2024 – Dun & Bradstreet was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 08/05/2024 – Dun & Bradstreet had its price target raised by analysts at JPMorgan Chase & Co. from $11.00 to $13.00. They now have a “neutral” rating on the stock.
• 08/05/2024 – Dun & Bradstreet had its price target raised by analysts at The Goldman Sachs Group, Inc. from $10.40 to $11.80. They now have a “neutral” rating on the stock.
• 08/05/2024 – Dun & Bradstreet had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $17.00 target price on the stock.
• 8/2/2024 – Dun & Bradstreet had its price target lowered by analysts at Royal Bank of Canada from $15.00 to $12.00. They now have a “sector perform” rating on the stock.

Dun & Bradstreet stocks fell 0.2%

Shares of DNB stock opened at $11.88 on Monday. The firm has a market cap of $5.26 billion, a P/E ratio of -148.50, a price-to-earnings-growth ratio of 1.89 and a beta of 1.15. Dun & Bradstreet Holdings, Inc. it has a 12-month low of $8.68 and a 12-month high of $12.75. The company’s 50-day moving average price is $9.90 and its 200-day moving average price is $10.11. The company has a current ratio of 0.71, a quick ratio of 0.62, and a debt-to-equity ratio of 1.08.

Dun & Bradstreet (NYSE:DNB – Get Your Free Report ) last posted its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. The company had revenue of $576.20 million for the quarter, compared to analyst estimates of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. In the same period last year, the firm earned $0.17 per share. On average, sell-side analysts estimate that Dun & Bradstreet Holdings, Inc. will post 0.89 earnings per share for the current year.

Dun & Bradstreet announces dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th will be given a $0.05 dividend. This represents an annualized dividend of $0.20 and a yield of 1.68%. The ex-dividend date of this dividend is Thursday, September 5. Dun & Bradstreet’s payout ratio is -250.00%.

Dun & Bradstreet Institutional Trading

Large investors have recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA raised its holdings in shares of Dun & Bradstreet by 13.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 53,353,508 shares of the business services provider’s stock valued at $494,053,000 after buying an additional 6,375,371 shares during the period. Vanguard Group Inc. raised its position in shares of Dun & Bradstreet by 3.3% in the first quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider’s stock worth $275,380,000 after purchasing an additional 868,621 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Dun & Bradstreet by 17.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 19,633,433 shares of the business services provider’s stock worth $181,806,000 after purchasing an additional 2,983,677 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Dun & Bradstreet by 14.1% in the second quarter. Dimensional Fund Advisors LP now owns 14,665,247 shares of the business services provider’s stock valued at $135,796,000 after buying an additional 1,809,638 shares during the period. Finally, Capital International Investors boosted its position in Dun & Bradstreet by 11.2% in the first quarter. Capital International Investors now owns 13,899,046 shares of the business services provider’s stock valued at $139,546,000 after buying an additional 1,402,537 shares during the period. Institutional investors and hedge funds own 86.68% of the company’s shares.

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analysis in North America and internationally. It offers financial and risk solutions, including D&B Finance Analytics, an online application that provides clients with real-time access to its information, comprehensive monitoring and portfolio analysis; D&B Direct, an application programming interface (API) that delivers financial and risk data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that enables SMEs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisions and reporting; and D&B Risk Analytics, a subscription-based online application that provides clients with real-time access to comprehensive and up-to-date global information to mitigate supply chain risk, regulatory risk and ESG assessment and other related risks; Risk Guardian, a subscription-based online application that provides real-time access to Northern European portfolio information, monitoring and analysis; and D&B Beneficial Ownership, which provides information on ultimate beneficial ownership risks.

See Also

Receive daily news and ratings for Dun & Bradstreet Holdings Inc – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Dun & Bradstreet Holdings Inc and related companies with MarketBeat.com’s FREE daily email newsletter .