Definitive Healthcare Corp (NASDAQ:DH) Is 8.6% Above Its 52-Week Low, But How Long Will It Remain So?

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In last trading session, Definitive Healthcare Corp (NASDAQ:DH) saw 1.48 million shares changing hands with its beta currently measuring 1.49. Company’s recent per share price level of $2.79 trading at $0.15 or 5.68% at ring of the bell on the day assigns it a market valuation of $424.88M. That closing price of DH’s stock is at a discount of -198.57% from its 52-week high price of $8.33 and is indicating a premium of 8.6% from its 52-week low price of $2.55. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.97 million shares which gives us an average trading volume of 970.75K if we extend that period to 3-months.

For Definitive Healthcare Corp (DH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.71. Splitting up the data highlights that, out of 10 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Definitive Healthcare Corp (NASDAQ:DH) trade information

Upright in the green during last session for gaining 5.68%, in the last five days DH remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $2.79 price level, adding 9.12% to its value on the day. Definitive Healthcare Corp’s shares saw a change of -32.12% in year-to-date performance and have moved -4.78% in past 5-day. Definitive Healthcare Corp (NASDAQ:DH) showed a performance of 0.36% in past 30-days. Number of shares sold short was 3.01 million shares which calculate 2.33 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 60.14% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 30. It follows that stock’s current price would drop -43.37% in reaching the projected high whereas dropping to the targeted low would mean a loss of -43.37% for stock’s current value.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -70.74% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -38.36% while estimates for its earnings growth in next 5 years are of -4.57%.

Definitive Healthcare Corp (NASDAQ:DH)’s Major holders

Insiders are in possession of 7.13% of company’s total shares while institution are holding 94.68 percent of that, with stock having share float percentage of 101.95%. Investors also watch the number of corporate investors in a company very closely, which is 94.68% institutions for Definitive Healthcare Corp that are currently holding shares of the company. ADVENT INTERNATIONAL CORP/MA is the top institutional holder at DH for having 62.49 million shares of worth $341.22 million. And as of 2024-06-30, it was holding 53.2162 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.66 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.9712 of outstanding shares, having a total worth of $25.46 million.