Dun & Bradstreet (NYSE:DNB) Announces Earnings Results

Key Points

• Dun & Bradstreet reported quarterly earnings of $0.16 per share, falling short of analyst estimates of $0.24 by $0.08.
• The company's positive return on equity was 11.51%, but it exhibited a negative net margin of 0.88%.
• Wall Street analysts have rated Dun & Bradstreet as a hold, with a consensus price target of $11.63.

Dun & Bradstreet (NYSE:DNB - Get Free Report) posted its quarterly earnings results on Monday. The business services provider reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.08), Zacks reports. Dun & Bradstreet had a positive return on equity of 11.51% and a negative net margin of 0.88%.

Dun & Bradstreet Trading Down 0.1%

Shares of Dun & Bradstreet stock traded down $0.01 during trading on Monday, hitting $9.11. The stock had a trading volume of 2,145,403 shares, compared to its average volume of 8,519,649. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $4.06 billion, a PE ratio of -182.10 and a beta of 1.12. The stock has a 50 day simple moving average of $9.09 and a 200 day simple moving average of $9.27. Dun & Bradstreet has a 1 year low of $7.78 and a 1 year high of $12.94.

Institutional Trading of Dun & Bradstreet

An institutional investor recently raised its position in Dun & Bradstreet stock. Royal Bank of Canada raised its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB - Free Report) by 19.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 381,712 shares of the business services provider's stock after acquiring an additional 63,213 shares during the quarter. Royal Bank of Canada owned about 0.09% of Dun & Bradstreet worth $3,413,000 at the end of the most recent quarter. Institutional investors and hedge funds own 86.68% of the company's stock.

Wall Street Analysts Forecast Growth

DNB has been the subject of several recent research reports. Needham & Company LLC reissued a "hold" rating on shares of Dun & Bradstreet in a research report on Friday, May 2nd. Raymond James Financial lowered shares of Dun & Bradstreet from a "strong-buy" rating to a "market perform" rating in a report on Friday, June 13th. Finally, Wall Street Zen started coverage on shares of Dun & Bradstreet in a report on Wednesday, May 21st. They set a "hold" rating for the company. Seven research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $11.63.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.

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