Dun & Bradstreet (DNB) to Release Earnings on Thursday

Dun & Bradstreet (NYSE:DNB) is set to release its earnings data before the market opens on Thursday, May 2nd. Analysts expect Dun & Bradstreet to post earnings of $0.20 per share for the quarter. Dun & Bradstreet has set its FY24 guidance at $1.00-1.04 EPS.Parties interested in listening to the company’s conference call can do so using this link.

Dun & Bradstreet (NYSE:DNB) last released its earnings results on Thursday, February 15th. The business services provider reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. Dun & Bradstreet had a negative net margin of 2.03% and a positive return on equity of 10.65%. The firm had revenue of $630.40 million during the quarter, compared to the consensus estimate of $623.19 million. During the same period in the prior year, the firm earned $0.28 EPS. The company’s revenue was up 5.9% compared to the same quarter last year. On average, analysts expect Dun & Bradstreet to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dun & Bradstreet Stock Performance

NYSE DNB opened at $9.36 on Thursday. Dun & Bradstreet has a 1 year low of $8.68 and a 1 year high of $12.62. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market capitalization of $4.10 billion, a PE ratio of -85.05, a P/E/G ratio of 1.95 and a beta of 1.15. The company’s 50 day simple moving average is $9.99 and its two-hundred day simple moving average is $10.46.

Dun & Bradstreet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.14%. The ex-dividend date was Wednesday, March 6th. Dun & Bradstreet’s dividend payout ratio (DPR) is currently -181.82%.

Analysts Set New Price Targets

Several analysts have recently weighed in on DNB shares. The Goldman Sachs Group raised their price objective on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the company a “neutral” rating in a research report on Friday, February 16th. Needham & Company LLC decreased their target price on shares of Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Friday, February 16th. Jefferies Financial Group decreased their target price on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Friday, April 12th. Finally, Raymond James upgraded shares of Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 target price on the stock in a research report on Friday, January 5th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Dun & Bradstreet presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.64.

Insider Activity at Dun & Bradstreet

In other Dun & Bradstreet news, Director Cannae Holdings, Inc. sold 10,000,000 shares of Dun & Bradstreet stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $10.09, for a total value of $100,900,000.00. Following the completion of the transaction, the director now directly owns 69,048,691 shares of the company’s stock, valued at $696,701,292.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 10.00% of the stock is currently owned by corporate insiders.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business 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 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 D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.