Dun & Bradstreet (NYSE:DNB) Issues FY 2022 Earnings Guidance

Dun & Bradstreet (NYSE:DNBGet Rating) issued an update on its FY 2022 earnings guidance on Monday morning. The company provided earnings per share guidance of $1.13-$1.20 for the period, compared to the consensus earnings per share estimate of $1.15. The company issued revenue guidance of $2.27 billion-$2.31 billion, compared to the consensus revenue estimate of $2.29 billion.

DNB stock opened at $16.63 on Monday. Dun & Bradstreet has a 1-year low of $14.31 and a 1-year high of $22.88. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.99. The business’s 50 day moving average is $16.67 and its 200-day moving average is $18.27. The firm has a market cap of $7.22 billion, a P/E ratio of -92.38, a P/E/G ratio of 2.13 and a beta of 0.62.

Dun & Bradstreet (NYSE:DNBGet Rating) last announced its quarterly earnings results on Monday, May 9th. The business services provider reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. Dun & Bradstreet had a positive return on equity of 12.28% and a negative net margin of 3.55%. The firm had revenue of $536.00 million for the quarter, compared to analysts’ expectations of $527.29 million. During the same period in the prior year, the business posted $0.23 earnings per share. The business’s revenue was up 5.3% compared to the same quarter last year. Sell-side analysts forecast that Dun & Bradstreet will post 1.09 EPS for the current year.

Several equities research analysts have weighed in on DNB shares. StockNews.com assumed coverage on shares of Dun & Bradstreet in a research report on Thursday, March 31st. They issued a hold rating for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Dun & Bradstreet in a research note on Wednesday, March 30th. They set a hold rating and a $20.00 target price for the company. Zacks Investment Research downgraded Dun & Bradstreet from a buy rating to a hold rating in a research note on Wednesday, May 18th. Needham & Company LLC dropped their target price on Dun & Bradstreet from $28.00 to $21.00 in a research report on Tuesday, May 10th. Finally, Bank of America began coverage on Dun & Bradstreet in a research report on Friday, March 11th. They set an underperform rating for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Dun & Bradstreet currently has a consensus rating of Hold and a consensus target price of $20.88.

A number of hedge funds have recently made changes to their positions in the business. Capital International Investors lifted its position in shares of Dun & Bradstreet by 3.9% in the first quarter. Capital International Investors now owns 26,497,270 shares of the business services provider’s stock valued at $464,232,000 after buying an additional 1,004,250 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Dun & Bradstreet by 243.6% in the first quarter. Jane Street Group LLC now owns 42,392 shares of the business services provider’s stock valued at $743,000 after acquiring an additional 30,053 shares in the last quarter. Point72 Hong Kong Ltd increased its position in Dun & Bradstreet by 803.2% during the first quarter. Point72 Hong Kong Ltd now owns 36,426 shares of the business services provider’s stock worth $638,000 after acquiring an additional 32,393 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Dun & Bradstreet during the first quarter worth about $433,000. Finally, Eaton Vance Management acquired a new stake in Dun & Bradstreet in the 1st quarter worth about $735,000. Hedge funds and other institutional investors own 93.47% of the company’s stock.

Dun & Bradstreet Company Profile (Get Rating)

Dun & Bradstreet Holdings, Inc provides business decisioning 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 powerful 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 InfoTorg, an online SaaS application.

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Earnings History and Estimates for Dun & Bradstreet (NYSE:DNB)

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