Q3 2022 EPS Estimates for Dun & Bradstreet Holdings, Inc. Lifted by Analyst (NYSE:DNB)

Dun & Bradstreet Holdings, Inc. (NYSE:DNB – Get Rating) – Investment analysts at Jefferies Financial Group raised their Q3 2022 EPS estimates for Dun & Bradstreet in a report issued on Thursday, May 19th. Jefferies Financial Group analyst H. Mazari now anticipates that the business services provider will post earnings of $0.30 per share for the quarter, up from their previous forecast of $0.29. Jefferies Financial Group also issued estimates for Dun & Bradstreet’s Q4 2022 earnings at $0.34 EPS, Q2 2023 earnings at $0.26 EPS, Q3 2023 earnings at $0.33 EPS and Q4 2023 earnings at $0.37 EPS.

DNB has been the topic of a number of other research reports. StockNews.com initiated coverage on Dun & Bradstreet in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Needham & Company LLC lowered their price target on Dun & Bradstreet from $28.00 to $21.00 in a report on Tuesday, May 10th. Bank of America began coverage on Dun & Bradstreet in a report on Friday, March 11th. They issued an “underperform” rating on the stock. Zacks Investment Research cut Dun & Bradstreet from a “buy” rating to a “hold” rating in a report on Wednesday, May 18th. Finally, Barclays lowered their target price on Dun & Bradstreet from $22.00 to $18.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Dun & Bradstreet has a consensus rating of “Hold” and an average target price of $20.88.

DNB opened at $16.63 on Monday. The stock 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. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.75 and a quick ratio of 0.75. The stock’s 50 day simple moving average is $16.67 and its 200 day simple moving average is $18.27. Dun & Bradstreet has a 1-year low of $14.31 and a 1-year high of $22.88.

Dun & Bradstreet (NYSE:DNB – Get Rating) last issued its earnings results on Monday, May 9th. The business services provider reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $536.00 million during the quarter, compared to the consensus estimate of $527.29 million. Dun & Bradstreet had a positive return on equity of 12.28% and a negative net margin of 3.55%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.23 EPS.

Several institutional investors and hedge funds have recently modified their holdings of DNB. Signaturefd LLC purchased a new position in Dun & Bradstreet in the fourth quarter valued at about $30,000. Advisor Group Holdings Inc. raised its position in Dun & Bradstreet by 287.3% in the first quarter. Advisor Group Holdings Inc. now owns 2,750 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 2,040 shares during the period. MetLife Investment Management LLC purchased a new position in Dun & Bradstreet in the first quarter valued at about $56,000. Metropolitan Life Insurance Co NY purchased a new position in Dun & Bradstreet in the fourth quarter valued at about $65,000. Finally, PNC Financial Services Group Inc. raised its position in Dun & Bradstreet by 5,483.1% in the first quarter. PNC Financial Services Group Inc. now owns 3,964 shares of the business services provider’s stock valued at $70,000 after purchasing an additional 3,893 shares during the period. 93.47% of the stock is currently owned by institutional investors and hedge funds.

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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