StockNews.com Downgrades Dun & Bradstreet (NYSE:DNB) to Sell

Dun & Bradstreet (NYSE:DNB) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Friday.

DNB has been the subject of several other reports. Barclays boosted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday. Royal Bank of Canada lowered their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd. Needham & Company LLC restated a “buy” rating and set a $17.00 target price on shares of Dun & Bradstreet in a report on Monday, August 5th. JPMorgan Chase & Co. boosted their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Finally, The Goldman Sachs Group boosted their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the stock a “neutral” rating in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.85.

Dun & Bradstreet Price Performance

Shares of Dun & Bradstreet stock opened at $11.60 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 1.08. Dun & Bradstreet has a twelve month low of $8.68 and a twelve month high of $12.75. The business has a 50-day moving average price of $11.21 and a 200 day moving average price of $10.24. The firm has a market cap of $5.12 billion, a PE ratio of -145.00, a P/E/G ratio of 2.14 and a beta of 1.16.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The company had revenue of $576.20 million during the quarter, compared to analyst estimates of $580.77 million. During the same period in the previous year, the business earned $0.17 EPS. Dun & Bradstreet’s quarterly revenue was up 3.9% on a year-over-year basis. Sell-side analysts predict that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Institutional Trading of Dun & Bradstreet

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new stake in shares of Dun & Bradstreet during the second quarter worth $513,000. Point72 Asset Management L.P. increased its position in shares of Dun & Bradstreet by 1,216.9% during the second quarter. Point72 Asset Management L.P. now owns 1,094,368 shares of the business services provider’s stock worth $10,134,000 after acquiring an additional 1,011,268 shares during the period. Algert Global LLC purchased a new stake in shares of Dun & Bradstreet during the second quarter worth $266,000. Vulcan Value Partners LLC increased its position in shares of Dun & Bradstreet by 26.8% during the second quarter. Vulcan Value Partners LLC now owns 5,206,280 shares of the business services provider’s stock worth $48,210,000 after acquiring an additional 1,099,217 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in shares of Dun & Bradstreet by 7.6% during the second quarter. The Manufacturers Life Insurance Company now owns 87,727 shares of the business services provider’s stock worth $812,000 after acquiring an additional 6,187 shares during the period. Hedge funds and other institutional investors 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.