Dun & Bradstreet Corporation (The) (DNB) Lowered to “Hold” at Zacks Investment Research

Dun & Bradstreet Corporation (The) (NYSE:DNB) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “We continue to expect that Dun & Bradstreet will benefit from its high-margin business model and strong product portfolio. Its partnerships with big players have also helped it bring many more customers into the fold. Plus, the company is also well-positioned to gain from its strategic acquisitions and alliances. The company’s focus on expanding analytics capabilities is also a positive. Plus, cost savings resulted in a strong operating margin performance in the last reported quarter. Management has now raised the lower end of its operating margin growth for the year. However, stiff competition, weak DNBi business and high debt continue to remain areas of concerns. Shares have underperformed the broader market in the past one year.”

Separately, BidaskClub raised Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Dun & Bradstreet Corporation (The) presently has a consensus rating of “Hold” and a consensus target price of $116.67.

Dun & Bradstreet Corporation (DNB) traded up 1.52% during mid-day trading on Tuesday, reaching $113.05. 82,240 shares of the company were exchanged. The company has a market capitalization of $4.18 billion, a PE ratio of 38.49 and a beta of 1.22. Dun & Bradstreet Corporation has a one year low of $100.46 and a one year high of $137.58. The stock has a 50-day moving average price of $111.52 and a 200 day moving average price of $108.19.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last issued its earnings results on Wednesday, August 2nd. The business services provider reported $1.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.16 by $0.24. Dun & Bradstreet Corporation (The) had a negative return on equity of 26.85% and a net margin of 6.36%. The business had revenue of $408.40 million during the quarter, compared to analyst estimates of $410.90 million. During the same quarter in the previous year, the firm earned $1.37 EPS. Dun & Bradstreet Corporation (The)’s revenue was up 2.3% on a year-over-year basis. Analysts predict that Dun & Bradstreet Corporation will post $7.04 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This report was originally reported by Stock Observer and is the property of of Stock Observer. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at https://www.thestockobserver.com/2017/09/12/dun-bradstreet-corporation-the-dnb-lowered-to-hold-at-zacks-investment-research.html.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DNB. Creative Planning increased its position in shares of Dun & Bradstreet Corporation (The) by 2.0% during the 2nd quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock valued at $136,000 after purchasing an additional 25 shares during the last quarter. OLD Mutual Customised Solutions Proprietary Ltd. increased its position in shares of Dun & Bradstreet Corporation (The) by 66.7% during the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 1,500 shares of the business services provider’s stock valued at $162,000 after purchasing an additional 600 shares during the last quarter. ETF Managers Group LLC purchased a new stake in shares of Dun & Bradstreet Corporation (The) during the 2nd quarter valued at about $173,000. Nomura Holdings Inc. purchased a new stake in shares of Dun & Bradstreet Corporation (The) during the 2nd quarter valued at about $206,000. Finally, Tocqueville Asset Management L.P. purchased a new stake in shares of Dun & Bradstreet Corporation (The) during the 2nd quarter valued at about $216,000. 90.31% of the stock is owned by hedge funds and other institutional investors.

About Dun & Bradstreet Corporation (The)

The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.

Receive News & Ratings for Dun & Bradstreet Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dun & Bradstreet Corporation (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply