While Dun & Bradstreet Holdings Inc has underperformed by -2.80%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DNB rose by 8.30%, with highs and lows ranging from $12.94 to $8.77, whereas the simple moving average jumped by 9.18% in the last 200 days.
On January 05, 2024, Raymond James Upgraded Dun & Bradstreet Holdings Inc (NYSE: DNB) to Strong Buy. Deutsche Bank also Upgraded DNB shares as ‘Buy’, setting a target price of $17 on the company’s shares in a report dated February 23, 2023. Wells Fargo initiated its ‘Overweight’ rating for DNB, as published in its report on July 13, 2022. BofA Securities’s report from July 06, 2022 suggests a price prediction of $17 for DNB shares, giving the stock a ‘Neutral’ rating. RBC Capital Mkts also rated the stock as ‘Sector Perform’.
Analysis of Dun & Bradstreet Holdings Inc (DNB)
With DNB’s current dividend of $0.20 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter increase in sales is 3.50%, showing a positive trend in the upcoming months.
Dun & Bradstreet Holdings Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -1.03% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.70, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and DNB has an average volume of 2.65M. On a monthly basis, the volatility of the stock is set at 2.69%, whereas on a weekly basis, it is put at 3.28%, with a loss of -0.16% over the past seven days. Furthermore, long-term investors anticipate a median target price of $14.76, showing growth from the present price of $12.13, which can serve as yet another indication of whether DNB is worth investing in or should be passed over.
How Do You Analyze Dun & Bradstreet Holdings Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 32.82%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 70.87% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DNB shares are owned by institutional investors to the tune of 70.87% at present.
