In the last trading session, 1.48 million shares of the Definitive Healthcare Corp (NASDAQ:DH) were traded, and its beta was 1.52. Most recently the company’s share price was $2.78, and it changed around -$0.05 or -1.77% from the last close, which brings the market valuation of the company to $423.36M. DH currently trades at a discount to its 52-week high of $9.11, offering almost -227.7% off that amount. The share price’s 52-week low was $2.58, which indicates that the current value has risen by an impressive 7.19% since then.
Definitive Healthcare Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.71. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 8 recommended DH as a Hold, whereas 4 deemed it a Buy, and 2 rated it as Underweight. Definitive Healthcare Corp is expected to report earnings per share of 0.02 for the current quarter.
Definitive Healthcare Corp (NASDAQ:DH) trade information
Instantly DH has showed a red trend with a performance of -1.77% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.22 on recent trading dayincreased the stock’s daily price by 46.74%. The company’s shares are currently down -32.36% year-to-date, but still down -44.06% over the last five days. On the other hand, Definitive Healthcare Corp (NASDAQ:DH) is -42.80% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 60.29% from its current value. Analyst projections state that DH is forecast to be at a low of $7 and a high of $7.
Definitive Healthcare Corp (DH) estimates and forecasts
The year-over-year growth rate is expected to be -6.72%, down from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of 56.31M in revenue for the current quarter. 11 analysts expect Definitive Healthcare Corp to make 58.31M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 63.48M and 63.74M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -11.30%. Forecasts for the next quarter put sales growth at -8.51%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -70.74%. Definitive Healthcare Corp earnings are expected to increase by -38.01% in 2025, but the outlook is negative -0.96% per year for the next five years.
DH Dividends
Definitive Healthcare Corp’s next quarterly earnings report is expected to be released in April.
VANGUARD GROUP INC, with 3.9712% or 4.66 million shares worth $25.46 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
MFS New Discovery Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 3.7 shares worth $10.28 million, making up 3.27% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 1.51 shares worth around $4.2 million, which represents about 1.34% of the total shares outstanding.
