$3.03 EPS Expected for Dun & Bradstreet Corp (DNB) This Quarter
Equities analysts expect that Dun & Bradstreet Corp (NYSE:DNB) will post earnings of $3.03 per share for the current quarter, Zacks reports. Five analysts have made estimates for Dun & Bradstreet’s earnings, with estimates ranging from $2.98 to $3.06. Dun & Bradstreet posted earnings per share of $2.99 in the same quarter last year, which indicates a positive year-over-year growth rate of 1.3%. The firm is expected to announce its next earnings report on Wednesday, February 14th.
According to Zacks, analysts expect that Dun & Bradstreet will report full year earnings of $7.17 per share for the current fiscal year, with EPS estimates ranging from $7.12 to $7.20. For the next fiscal year, analysts forecast that the firm will post earnings of $7.37 per share, with EPS estimates ranging from $7.14 to $7.56. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Dun & Bradstreet.
Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Wednesday, November 1st. The business services provider reported $1.79 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.58 by $0.21. The company had revenue of $428.30 million during the quarter, compared to analyst estimates of $428.81 million. Dun & Bradstreet had a net margin of 11.12% and a negative return on equity of 28.31%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.79 earnings per share.
Several research firms have commented on DNB. Zacks Investment Research downgraded shares of Dun & Bradstreet from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Robert W. Baird dropped their price objective on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating on the stock in a report on Friday, November 3rd. Goldman Sachs Group began coverage on shares of Dun & Bradstreet in a report on Wednesday, November 8th. They set a “neutral” rating and a $125.00 price objective on the stock. Finally, Barclays raised shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $105.00 to $125.00 in a report on Monday, November 13th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $125.75.
Dun & Bradstreet (NYSE DNB) traded up $0.44 during midday trading on Wednesday, reaching $120.33. 977,722 shares of the company’s stock traded hands, compared to its average volume of 168,167. The stock has a market capitalization of $4,431.10, a P/E ratio of 16.82, a PEG ratio of 1.86 and a beta of 1.27. Dun & Bradstreet has a 1-year low of $100.46 and a 1-year high of $125.57. The company has a debt-to-equity ratio of -1.93, a quick ratio of 0.92 and a current ratio of 0.92.
The company also recently declared a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Wednesday, November 22nd were issued a $0.5025 dividend. This represents a $2.01 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend was Tuesday, November 21st. Dun & Bradstreet’s payout ratio is 38.73%.
Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of Dun & Bradstreet by 20.2% in the second quarter. BlackRock Inc. now owns 3,050,058 shares of the business services provider’s stock worth $329,861,000 after buying an additional 511,579 shares in the last quarter. Cramer Rosenthal Mcglynn LLC raised its stake in Dun & Bradstreet by 52.5% in the second quarter. Cramer Rosenthal Mcglynn LLC now owns 1,735,371 shares of the business services provider’s stock valued at $187,680,000 after purchasing an additional 597,297 shares in the last quarter. Bessemer Group Inc. raised its stake in Dun & Bradstreet by 3.0% in the third quarter. Bessemer Group Inc. now owns 1,323,140 shares of the business services provider’s stock valued at $154,027,000 after purchasing an additional 38,076 shares in the last quarter. Glenview Capital Management LLC purchased a new stake in Dun & Bradstreet in the second quarter valued at approximately $108,776,000. Finally, Shapiro Capital Management LLC purchased a new stake in Dun & Bradstreet in the second quarter valued at approximately $98,786,000. 90.86% of the stock is currently owned by hedge funds and other institutional investors.
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About Dun & Bradstreet
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.
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