Dun & Bradstreet (DNB) – Research Analysts’ Weekly Ratings Updates

Dun & Bradstreet (NYSE: DNB) recently received a number of ratings updates from brokerages and research firms:

• 9/21/2024 – Dun & Bradstreet was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 9/13/2024 – Dun & Bradstreet was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 9/13/2024 – Dun & Bradstreet had its price target raised by analysts at Barclays PLC from $11.00 to $12.00. They now have an “equal weight” rating on the stock.
• 9/5/2024 – Dun & Bradstreet was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 8/5/2024 – Dun & Bradstreet was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 8/5/2024 – 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.
• 8/5/2024 – 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.
• 8/5/2024 – Dun & Bradstreet had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $17.00 price target 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 Stock Up 2.3 %

Shares of NYSE DNB opened at $11.51 on Tuesday. Dun & Bradstreet Holdings, Inc. has a 1 year low of $8.68 and a 1 year high of $12.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.71 and a quick ratio of 0.71. The firm has a market cap of $5.10 billion, a PE ratio of -143.88, a price-to-earnings-growth ratio of 2.14 and a beta of 1.16. The company has a 50 day simple moving average of $11.44 and a 200 day simple moving average of $10.28.

Dun & Bradstreet (NYSE:DNB) last issued 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. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The firm had revenue of $576.20 million for the quarter, compared to the consensus estimate of $580.77 million. During the same quarter in the previous year, the company earned $0.17 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, research analysts forecast that Dun & Bradstreet Holdings, Inc. will post 0.89 EPS for the current year.

Dun & Bradstreet Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend was Thursday, September 5th. Dun & Bradstreet’s payout ratio is -250.00%.

Hedge Funds Weigh In On Dun & Bradstreet

Several large investors have recently added to or reduced their stakes in DNB. Treasurer of the State of North Carolina grew its position in Dun & Bradstreet by 1.0% during the fourth quarter. Treasurer of the State of North Carolina now owns 120,806 shares of the business services provider’s stock valued at $1,413,000 after buying an additional 1,180 shares during the period. OLD National Bancorp IN raised its position in shares of Dun & Bradstreet by 6.9% in the second quarter. OLD National Bancorp IN now owns 19,931 shares of the business services provider’s stock valued at $185,000 after purchasing an additional 1,286 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Dun & Bradstreet by 12.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,708 shares of the business services provider’s stock valued at $127,000 after buying an additional 1,533 shares in the last quarter. Blue Trust Inc. boosted its holdings 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 worth $46,000 after buying an additional 2,563 shares during the period. Finally, Tidal Investments LLC grew its stake in Dun & Bradstreet by 10.2% in the 1st quarter. Tidal Investments LLC now owns 30,924 shares of the business services provider’s stock valued at $310,000 after buying an additional 2,856 shares in the last quarter. Institutional investors own 86.68% of the company’s stock.

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.