A share price of Definitive Healthcare Corp [DH] is currently trading at $7.33, up 3.82%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DH shares have gain 3.39% over the last week, with a monthly amount drifted -7.33%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Definitive Healthcare Corp [NASDAQ: DH] stock has seen the most recent analyst activity on January 17, 2024, when Needham downgraded its rating to a Hold. Previously, Canaccord Genuity downgraded its rating to Hold on January 05, 2024. On July 24, 2023, downgrade downgraded it’s rating to Neutral but maintained its price target of $13 on the stock. William Blair started tracking the stock assigning a Outperform rating. BofA Securities initiated its recommendation with a Neutral and recommended $13 as its price target on December 09, 2022. Needham started tracking with a Buy rating for this stock on July 06, 2022, and assigned it a price target of $30.
Definitive Healthcare Corp experienced fluctuations in its stock price throughout the past year between $5.53 and $12.45. Currently, Wall Street analysts expect the stock to reach $23.67 within the next 12 months. Definitive Healthcare Corp [NASDAQ: DH] shares were valued at $7.33 at the most recent close of the market. An investor can expect a potential return of 222.92% based on the average DH price forecast.
Analyzing the DH fundamentals
Trailing Twelve Months sales for Definitive Healthcare Corp [NASDAQ:DH] were 251.41M which represents 8.80% growth. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -1.31%, Pretax Profit Margin comes in at -1.22%, and Net Profit Margin reading is -0.82%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.22 and Total Capital is -0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.12 points at the first support level, and at 6.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.45, and for the 2nd resistance point, it is at 7.56.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Definitive Healthcare Corp [NASDAQ:DH] is 2.23. As well, the Quick Ratio is 2.23, while the Cash Ratio is 0.77. Considering the valuation of this stock, the price to sales ratio is 3.43, the price to book ratio is 0.99.
Transactions by insiders
Recent insider trading involved SEA VII Management, LLC, Director, that happened on Aug 24 ’23 when 6656.0 shares were sold. Director, SEA VII Management, LLC completed a deal on May 12 ’23 to sell 6240.0 shares.
