FY2017 EPS Estimates for Dun & Bradstreet Corporation (The) (NYSE:DNB) Boosted by William Blair

Dun & Bradstreet Corporation (The) (NYSE:DNB) – William Blair increased their FY2017 earnings per share estimates for shares of Dun & Bradstreet Corporation (The) in a research report issued on Thursday, according to Zacks Investment Research. William Blair analyst S. Sheldon now forecasts that the business services provider will post earnings per share of $7.12 for the year, up from their previous estimate of $6.98. William Blair also issued estimates for Dun & Bradstreet Corporation (The)’s Q4 2017 earnings at $2.98 EPS, Q1 2018 earnings at $0.92 EPS, Q2 2018 earnings at $1.33 EPS, Q3 2018 earnings at $1.75 EPS, Q4 2018 earnings at $3.14 EPS, FY2018 earnings at $7.14 EPS and FY2019 earnings at $7.40 EPS.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last released its quarterly earnings data on Wednesday, November 1st. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.21. The business had revenue of $428.30 million during the quarter, compared to the consensus estimate of $428.81 million. Dun & Bradstreet Corporation (The) had a negative return on equity of 28.31% and a net margin of 11.12%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.79 earnings per share.

TRADEMARK VIOLATION NOTICE: This article was first published by Week Herald and is the property of of Week Herald. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US and international trademark and copyright legislation. The original version of this article can be viewed at https://weekherald.com/2017/11/15/fy2017-earnings-estimate-for-dun-bradstreet-corporation-the-issued-by-william-blair-dnb.html.

A number of other research firms also recently commented on DNB. Zacks Investment Research downgraded Dun & Bradstreet Corporation (The) from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Barclays PLC upgraded Dun & Bradstreet Corporation (The) from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $105.00 to $125.00 in a report on Monday. Goldman Sachs Group, Inc. (The) assumed coverage on Dun & Bradstreet Corporation (The) in a report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price target for the company. Finally, Robert W. Baird lowered their price target on Dun & Bradstreet Corporation (The) from $130.00 to $127.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Dun & Bradstreet Corporation (The) presently has a consensus rating of “Hold” and an average price target of $125.75.

Shares of Dun & Bradstreet Corporation (NYSE DNB) opened at $116.18 on Monday. The company has a market capitalization of $4,306.92, a PE ratio of 16.34, a P/E/G ratio of 1.81 and a beta of 1.26. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of -1.93. Dun & Bradstreet Corporation has a fifty-two week low of $100.46 and a fifty-two week high of $125.57.

Several hedge funds have recently bought and sold shares of DNB. BlackRock Inc. boosted its position in shares of Dun & Bradstreet Corporation (The) by 3,456.1% during the first quarter. BlackRock Inc. now owns 2,538,479 shares of the business services provider’s stock worth $274,004,000 after buying an additional 2,467,096 shares during the period. Glenview Capital Management LLC acquired a new position in shares of Dun & Bradstreet Corporation (The) during the second quarter worth about $108,776,000. Shapiro Capital Management LLC acquired a new position in shares of Dun & Bradstreet Corporation (The) during the second quarter worth about $98,786,000. Cramer Rosenthal Mcglynn LLC boosted its position in shares of Dun & Bradstreet Corporation (The) by 52.5% during the second quarter. Cramer Rosenthal Mcglynn LLC now owns 1,735,371 shares of the business services provider’s stock worth $187,680,000 after buying an additional 597,297 shares during the period. Finally, Bessemer Group Inc. boosted its position in Dun & Bradstreet Corporation (The) by 43.5% during the second quarter. Bessemer Group Inc. now owns 1,285,064 shares of the business services provider’s stock valued at $138,981,000 after purchasing an additional 389,334 shares during the last quarter. 89.40% of the stock is owned by institutional investors.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Wednesday, November 22nd will be given a dividend of $0.5025 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $2.01 annualized dividend and a dividend yield of 1.73%. Dun & Bradstreet Corporation (The)’s dividend payout ratio is currently 38.73%.

Dun & Bradstreet Corporation (The) Company Profile

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.

Get a free copy of the Zacks research report on Dun & Bradstreet Corporation (The) (DNB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Dun & Bradstreet Corporation (The) (NYSE:DNB)

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