Dun & Bradstreet (NYSE:DNB) Upgraded to Hold at StockNews.com

Dun & Bradstreet (NYSE:DNB) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Saturday.

Several other research firms have also commented on DNB. 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, September 13th. JPMorgan Chase & Co. upped their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Needham & Company LLC restated a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research report on Monday, August 5th. The Goldman Sachs Group upped their price target on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a research report on Monday, August 5th. Finally, Royal Bank of Canada dropped their price target on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Dun & Bradstreet presently has an average rating of “Moderate Buy” and a consensus price target of $13.85.

Dun & Bradstreet Price Performance

NYSE:DNB opened at $11.24 on Friday. Dun & Bradstreet has a 12 month low of $8.68 and a 12 month high of $12.75. The stock has a 50 day moving average of $11.38 and a two-hundred day moving average of $10.27. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.08. The firm has a market cap of $4.98 billion, a P/E ratio of -140.50, a price-to-earnings-growth 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. On average, analysts expect that Dun & Bradstreet will post 0.89 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Evermay Wealth Management LLC acquired a new position in Dun & Bradstreet during the first quarter worth $37,000. Blue Trust Inc. lifted its stake in Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after purchasing an additional 2,563 shares in the last quarter. Headlands Technologies LLC acquired a new position in Dun & Bradstreet during the first quarter worth $70,000. Canada Pension Plan Investment Board lifted its stake in Dun & Bradstreet by 85.1% during the second 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 in the last quarter. Finally, Xponance Inc. acquired a new stake in shares of Dun & Bradstreet in the second quarter valued at $100,000. 86.68% of the stock is currently owned by institutional investors and hedge funds.

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.