Dun & Bradstreet Holdings Inc (NYSE:DNB) price on current trading day, fall -0.44% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $9.07.
A look at the stock’s price movement, the close in the last trading session was $9.11. Turning to its 52-week performance, $12.94 and $8.77 were the 52-week high and 52-week low respectively. Overall, DNB moved -22.81% over the past month.
Dun & Bradstreet Holdings Inc’s market cap currently stands at around $4.00 billion, with investors looking forward to this quarter’s earnings report slated for in March. The company has a Forward Dividend ratio of 0.20, with its dividend yield at 2.21%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 580.41M for the company’s revenue for the quarter, with a low and high estimate of 575.62M and 591.7M respectively. The average forecast suggests up to a 2.82% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.47B, representing a 3.83% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DNB is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
8 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 4 recommend DNB as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DNB’s current price about -16.71% and -21.12% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 18.52, while 7-day volatility ratio is 5.06% and 3.60% in the 30-day chart. Further, Dun & Bradstreet Holdings Inc (DNB) has a beta value of 1.20, and an average true range (ATR) of 0.39. Analysts have given the company’s stock an average 52-week price target of $12, forecast between a low of $12 and high of $12. Looking at the price targets, the low is -32.3% off current price level while to achieve the yearly target high, price needs to move -32.3%. Nonetheless, investors will most likely welcome a -32.3% jump to $12 which is the analysts’ median price.
If we refocus on Dun & Bradstreet Holdings Inc (NYSE:DNB), historical trading data shows that trading volumes averaged 3.22 million over the past 3 months. The company’s latest data on shares outstanding shows there are 441.55 million shares.
The 29.82% of Dun & Bradstreet Holdings Inc’s shares are in the hands of company insiders while institutional holders own 74.67% of the company’s shares. Current price change has pushed the stock -27.21% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DNB stock continues to rise going into the next quarter.
