Dun & Bradstreet (NYSE:DNB) Rating Reiterated by Needham & Company LLC

Dun & Bradstreet (NYSE:DNB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Needham & Company LLC in a note issued to investors on Thursday, Benzinga reports. They currently have a $17.00 price objective on the business services provider’s stock. Needham & Company LLC’s target price would indicate a potential upside of 74.90% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. Jefferies Financial Group reduced their price objective on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a report on Friday, April 12th. The Goldman Sachs Group lifted their price target on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the company a “neutral” rating in a report on Friday, February 16th. Finally, Raymond James raised shares of Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price target for the company in a report on Friday, January 5th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $13.64.

Dun & Bradstreet Stock Performance

Dun & Bradstreet stock traded up $0.23 during mid-day trading on Thursday, reaching $9.72. The company had a trading volume of 3,862,224 shares, compared to its average volume of 3,048,875. The company has a quick ratio of 0.63, a current ratio of 0.62 and a debt-to-equity ratio of 1.04. Dun & Bradstreet has a 52 week low of $8.68 and a 52 week high of $12.62. The company has a 50 day moving average of $9.81 and a 200-day moving average of $10.44. The firm has a market cap of $4.30 billion, a price-to-earnings ratio of -121.50, a PEG ratio of 2.02 and a beta of 1.15.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings data on Thursday, February 15th. The business services provider reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The company had revenue of $630.40 million during the quarter, compared to the consensus estimate of $623.19 million. Dun & Bradstreet had a negative net margin of 1.56% and a positive return on equity of 10.99%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the firm earned $0.28 EPS. On average, sell-side analysts expect that Dun & Bradstreet will post 0.88 EPS for the current fiscal year.

Insider Transactions at Dun & Bradstreet

In related news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $10.09, for a total transaction of $100,900,000.00. Following the completion of the transaction, the director now owns 69,048,691 shares in the company, valued at $696,701,292.19. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 10.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DNB. Massachusetts Financial Services Co. MA boosted its holdings in Dun & Bradstreet by 19.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 42,420,747 shares of the business services provider’s stock worth $496,323,000 after purchasing an additional 6,893,645 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Dun & Bradstreet by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 26,559,651 shares of the business services provider’s stock worth $310,748,000 after purchasing an additional 263,766 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Dun & Bradstreet by 17.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 16,649,756 shares of the business services provider’s stock worth $167,164,000 after purchasing an additional 2,441,655 shares during the last quarter. Capital International Investors boosted its holdings in Dun & Bradstreet by 0.8% during the fourth quarter. Capital International Investors now owns 12,496,509 shares of the business services provider’s stock worth $146,209,000 after purchasing an additional 97,427 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Dun & Bradstreet by 34.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 9,737,345 shares of the business services provider’s stock worth $113,929,000 after purchasing an additional 2,510,422 shares during the last quarter. Institutional investors own 86.68% of the company’s stock.

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.