Dun & Bradstreet Holdings Inc. (NYSE: DNB) stock jumped 0.31% on Friday to $16.32 against a previous-day closing price of $16.27. With 1.75 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.13 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $16.48 whereas the lowest price it dropped to was $15.88. The 52-week range on DNB shows that it touched its highest point at $21.15 and its lowest point at $13.67 during that stretch. It currently has a 1-year price target of $19.58.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DNB was up-trending over the past week, with a rise of 4.15%, but this was up by 11.10% over a month. Three-month performance surged to 1.49% while six-month performance fell -20.93%. The stock lost -13.74% in the past year, while it has lost -20.35% so far this year. A look at the trailing 12-month EPS for DNB yields -0.18 with Next year EPS estimates of 1.25. For the next quarter, that number is 0.26. This implies an EPS growth rate of 73.40% for this year and 8.81% for next year. EPS is expected to grow by 6.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -21.80%.
Float and Shares Shorts:
At present, 428.80 million DNB shares are outstanding with a float of 331.83 million shares on hand for trading. On Jul 14, 2022, short shares totaled 12.2 million, which was 2.81% higher than short shares on Jun 14, 2022. In addition to Mr. William Patrick Foley II as the firm’s Exec. Chairman, Mr. Anthony M. Jabbour serves as its CEO & Director.
Through their ownership of 85.51% of DNB’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 59.81% of DNB, in contrast to 25.93% held by mutual funds. Shares owned by individuals account for 18.78%. As the largest shareholder in DNB with 6.10% of the stake, Capital Research & Management Co holds 26,497,270 shares worth 26,497,270. A second-largest stockholder of DNB, The Vanguard Group, Inc., holds 19,649,555 shares, controlling over 4.53% of the firm’s shares. Mawer Investment Management Ltd. is the third largest shareholder in DNB, holding 15,891,894 shares or 3.66% stake. With a 3.47% stake in DNB, the American Funds Growth Fund of Ame is the largest stakeholder. A total of 15,072,625 shares are owned by the mutual fund manager. The MFS Mid Cap Growth Fund, which owns about 1.74% of DNB stock, is the second-largest Mutual Fund holder. It holds 7,562,813 shares valued at 113.67 million. Vanguard Total Stock Market Index holds 1.63% of the stake in DNB, owning 7,057,784 shares worth 106.08 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DNB since 14 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DNB analysts setting a high price target of $24.00 and a low target of $15.50, the average target price over the next 12 months is $19.11. Based on these targets, DNB could surge 47.06% to reach the target high and fall by -5.02% to reach the target low. Reaching the average price target will result in a growth of 17.1% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. DNB will report FY 2022 earnings on 02/15/2023. Analysts have provided yearly estimates in a range of $1.17 being high and $1.08 being low. For DNB, this leads to a yearly average estimate of $1.14. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Dun & Bradstreet Holdings Inc. surprised analysts by -$0.00 when it reported $0.25 EPS against a consensus estimate of $0.25. The surprise factor in the prior quarter was $0.01. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.31.
Summary of Insider Activity:
Insiders traded DNB stock several times over the past three months with 2 Buys and 5 Sells. In these transactions, 112,000 shares were bought while 9,574,350 shares were sold. The number of buy transactions has increased to 27 while that of sell transactions has risen to 14 over the past year. The total number of shares bought during that period was 45,743,055 while 156,993,484 shares were sold.