During the last session, Dun & Bradstreet Holdings Inc (NYSE:DNB)’s traded shares were 3.01 million, with the beta value of the company hitting 1.15. At the end of the trading day, the stock’s price was $9.49, reflecting an intraday loss of -0.84% or -$0.08. The 52-week high for the DNB share is $12.62, that puts it down -32.98 from that peak though still a striking 8.54% gain since the share price plummeted to a 52-week low of $8.68. The company’s market capitalization is $4.16B, and the average intraday trading volume over the past 10 days was 4.73 million shares, and the average trade volume was 3.59 million shares over the past three months.
Dun & Bradstreet Holdings Inc (NYSE:DNB) trade information
Dun & Bradstreet Holdings Inc (DNB) registered a -0.84% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.84% in intraday trading to $9.49, hitting a weekly high. The stock’s 5-day price performance is -5.48%, and it has moved by -8.31% in 30 days. Based on these gigs, the overall price performance for the year is -16.83%. The short interest in Dun & Bradstreet Holdings Inc (NYSE:DNB) is 14.21 million shares and it means that shorts have 4.03 day(s) to cover.
Dun & Bradstreet Holdings Inc (DNB) estimates and forecasts
Statistics show that Dun & Bradstreet Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. Dun & Bradstreet Holdings Inc (DNB) shares have gone down -2.57% during the last six months, with a year-to-date growth rate less than the industry average at 2.00% against 11.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 5.30% this quarter and then jump 4.50% in the quarter after that. In the rating firms’ projections, revenue will increase 4.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $565.55 million as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to $582.23 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $540.4 million and $547.88 million respectively. In this case, analysts expect current quarter sales to grow by 4.70% and then jump by 6.30% in the coming quarter.
While earnings are projected to return 2.76% in 2024, the next five years will return 2.65% per annum.
DNB Dividends
Dun & Bradstreet Holdings Inc is due to release its next quarterly earnings between May 02 and May 06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Dun & Bradstreet Holdings Inc is 0.20, with the dividend yield indicating at 2.11 percent, continuing the trend of increasing dividends in recent years.
Dun & Bradstreet Holdings Inc (NYSE:DNB)’s Major holders
Dun & Bradstreet Holdings Inc insiders own 8.99% of total outstanding shares while institutional holders control 94.15%, with the float percentage being 103.45%. Cannae Holdings, Inc. is the largest shareholder of the company, while 290 institutions own stock in it. As of Jun 29, 2023, the company held over 79.05 million shares (or 18.00% of all shares), a total value of $914.59 million in shares.
The next largest institutional holding, with 49.58 million shares, is of Thomas H Lee Partners LP’s that is approximately 11.29% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $573.64 million.
Also, the Mutual Funds coming in first place with the largest holdings of Dun & Bradstreet Holdings Inc (DNB) shares are Fundamental Investors Inc and Allspring Special Mid Cap Value Fund. Data provided on Jun 29, 2023 indicates that Fundamental Investors Inc owns about 9.62 million shares. This amounts to just over 2.19 percent of the company’s overall shares, with a $111.28 million market value. The same data shows that the other fund manager holds slightly less at 9.09 million, or about 2.07% of the stock, which is worth about $99.05 million.
