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NASDAQ:DH

Definitive Healthcare (DH) Stock Price, News & Analysis

$5.74
-0.26 (-4.33%)
(As of 06/13/2024 ET)
Today's Range
$5.67
$6.08
50-Day Range
$5.17
$7.92
52-Week Range
$4.38
$12.45
Volume
675,618 shs
Average Volume
1.01 million shs
Market Capitalization
$676.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.94

Definitive Healthcare MarketRank™ Stock Analysis

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
73.2% Upside
$9.94 Price Target
Short Interest
Healthy
8.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.98mentions of Definitive Healthcare in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
50.00%
From $0.10 to $0.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Medical Sector

209th out of 917 stocks

Prepackaged Software Industry

62nd out of 198 stocks

DH stock logo

About Definitive Healthcare Stock (NASDAQ:DH)

Definitive Healthcare Corp., together with its subsidiaries, provides software as a service (SaaS) healthcare commercial intelligence platform in the United States and internationally. Its SaaS platform provides information on healthcare providers and their activities to help its customers from product development to go-to-market planning, and sales and marketing execution. The company's platform consists of various functional areas, such as sales, marketing, clinical research and product development, strategy, talent acquisition, and physician network management. It serves biopharmaceutical and medical device companies, healthcare information technology companies, and healthcare providers; and other diversified companies comprising staffing and commercial real estate firms, financial institutions, and other organizations in the healthcare ecosystem. Definitive Healthcare Corp. was founded in 2011 and is headquartered in Framingham, Massachusetts.

DH Stock Price History

DH Stock News Headlines

Definitive Healthcare names new CEO
Q1 2024 Definitive Healthcare Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
6/14/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
950
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.94
High Stock Price Target
$15.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+73.2%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
11 Analysts

Profitability

Net Income
$-202,390,000.00
Pretax Margin
-119.28%

Debt

Sales & Book Value

Annual Sales
$251.41 million
Cash Flow
$3.04 per share
Book Value
$10.31 per share

Miscellaneous

Free Float
100,433,000
Market Cap
$676.92 million
Optionable
Not Optionable
Beta
1.29
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Key Executives

  • Mr. Jason Ronald Krantz (Age 50)
    Founder, Executive Chairman & Interim CEO
    Comp: $130.38k
  • Mr. Jonathan Maack (Age 45)
    President
    Comp: $687.21k
  • Mr. Richard Douglas BoothMr. Richard Douglas Booth (Age 55)
    Chief Financial Officer
    Comp: $579.47k
  • Ms. Kate Marie Shamsuddin Jensen (Age 37)
    Chief Strategy Officer
    Comp: $431.86k
  • Ms. Carrie Lazorchak (Age 54)
    Chief Revenue Officer
    Comp: $110.49k
  • Mr. Matthew Ruderman
    Chief Legal Officer & Secretary
  • Mr. Craig Hazenfield
    Chief People Officer
  • Mr. Scott Oberlink
    Chief Technology Officer
  • Mr. Ram Sharma
    Executive Vice President of Life Sciences
  • Mr. William Moschella (Age 48)
    Chief Product & Technology Officer

DH Stock Analysis - Frequently Asked Questions

Should I buy or sell Definitive Healthcare stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Definitive Healthcare in the last twelve months. There are currently 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DH, but not buy additional shares or sell existing shares.
View DH analyst ratings
or view top-rated stocks.

What is Definitive Healthcare's stock price target for 2024?

11 brokers have issued 1 year price objectives for Definitive Healthcare's shares. Their DH share price targets range from $7.00 to $15.00. On average, they predict the company's stock price to reach $9.94 in the next twelve months. This suggests a possible upside of 73.2% from the stock's current price.
View analysts price targets for DH
or view top-rated stocks among Wall Street analysts.

How have DH shares performed in 2024?

Definitive Healthcare's stock was trading at $9.94 at the beginning of the year. Since then, DH shares have decreased by 42.3% and is now trading at $5.74.
View the best growth stocks for 2024 here
.

Are investors shorting Definitive Healthcare?

Definitive Healthcare saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 4,450,000 shares, a drop of 11.2% from the May 15th total of 5,010,000 shares. Based on an average daily trading volume, of 834,600 shares, the short-interest ratio is presently 5.3 days. Approximately 8.8% of the company's stock are short sold.
View Definitive Healthcare's Short Interest
.

When is Definitive Healthcare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our DH earnings forecast
.

How were Definitive Healthcare's earnings last quarter?

Definitive Healthcare Corp. (NASDAQ:DH) issued its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by $0.04. Definitive Healthcare had a positive trailing twelve-month return on equity of 0.51% and a negative net margin of 78.16%.

What ETFs hold Definitive Healthcare's stock?

ETFs with the largest weight of Definitive Healthcare (NASDAQ:DH) stock in their portfolio include Global X Telemedicine & Digital Health ETF (EDOC) and Fidelity Digital Health ETF (FDHT).First Trust Nasdaq Lux Digital Health Solutions ETF (EKG).

What guidance has Definitive Healthcare issued on next quarter's earnings?

Definitive Healthcare updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 0.080-0.090 for the period, compared to the consensus estimate of 0.090. The company issued revenue guidance of $62.0 million-$63.5 million, compared to the consensus revenue estimate of $65.2 million.

When did Definitive Healthcare IPO?

Definitive Healthcare (DH) raised $350 million in an initial public offering (IPO) on Wednesday, September 15th 2021. The company issued 15,555,555 shares at $21.00-$24.00 per share.

Who are Definitive Healthcare's major shareholders?

Definitive Healthcare's stock is owned by many different institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (4.75%), Vanguard Group Inc. (3.85%), Riverbridge Partners LLC (1.49%), Raymond James & Associates (0.72%), Comerica Bank (0.37%) and Clearbridge Investments LLC (0.23%). Insiders that own company stock include David Randall Winn, Jeffrey Charles Haywood, Richard Douglas Booth and Sea Vii Management, Llc.
View institutional ownership trends
.

How do I buy shares of Definitive Healthcare?

Shares of DH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DH) was last updated on 6/14/2024 by MarketBeat.com Staff

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