While Definitive Healthcare Corp has overperformed by 1.02%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DH fell by -46.27%, with highs and lows ranging from $10.62 to $3.19, whereas the simple moving average jumped by 4.72% in the last 200 days.
On January 13, 2025, Barclays Downgraded Definitive Healthcare Corp (NASDAQ: DH) to Underweight. A report published by Stephens on December 20, 2024, Initiated its previous ‘Equal-Weight’ rating for DH. BTIG Research also rated DH shares as ‘Buy’, setting a target price of $7 on the company’s shares in an initiating report dated September 17, 2024. JP Morgan July 31, 2024d the rating to Underweight on July 31, 2024, and set its price target from $7 to $5. Morgan Stanley May 08, 2024d its ‘Overweight’ rating to ‘Equal-Weight’ for DH, as published in its report on May 08, 2024. Canaccord Genuity also rated the stock as ‘Hold’.
Analysis of Definitive Healthcare Corp (DH)
Further, the quarter-over-quarter decrease in sales is -4.02%, showing a negative trend in the upcoming months.
One of the most important indicators of Definitive Healthcare Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -53.19% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.40, 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.
For any stock, average volume can also provide valuable insight into volatility, and DH is recording 644.24K average volume. On a monthly basis, the volatility of the stock is set at 5.48%, whereas on a weekly basis, it is put at 5.32%, with a loss of -8.30% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.25, showing growth from the present price of $4.97, which can serve as yet another indication of whether DH is worth investing in or should be passed over.
How Do You Analyze Definitive Healthcare Corp Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. 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 60.93%. 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 37.00% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DH shares are owned by institutional investors to the tune of 37.00% at present.
