A new trading day began on Tuesday, with Definitive Healthcare Corp (NASDAQ: DH) stock price up 5.17% from the previous day of trading, before settling in for the closing price of $4.45. DH’s price has ranged from $3.19 to $10.62 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 31.43% over the past five years. Meanwhile, its annual earnings per share averaged 14.66%. With a float of $46.20 million, this company’s outstanding shares have now reached $116.56 million.
Let’s look at the performance matrix of the company that is accounted for 830 employees. In terms of profitability, gross margin is 68.25%, operating margin of -95.56%, and the pretax margin is -217.05%.
Definitive Healthcare Corp (DH) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Definitive Healthcare Corp is 60.01%, while institutional ownership is 37.40%.
Definitive Healthcare Corp (DH) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.07 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.23% during the next five years compared to -64.67% drop over the previous five years of trading.
Definitive Healthcare Corp (NASDAQ: DH) Trading Performance Indicators
Here are Definitive Healthcare Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.83. Likewise, its price to free cash flow for the trailing twelve months is 13.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.11, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of Definitive Healthcare Corp (DH)
Definitive Healthcare Corp (NASDAQ: DH) saw its 5-day average volume 0.72 million, a negative change from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 64.45%. Additionally, its Average True Range was 0.24.
During the past 100 days, Definitive Healthcare Corp’s (DH) raw stochastic average was set at 50.09%, which indicates a significant decrease from 88.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.40% in the past 14 days, which was lower than the 77.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.35, while its 200-day Moving Average is $5.75. Nevertheless, the first resistance level for the watch stands at $4.80 in the near term. At $4.92, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.15. If the price goes on to break the first support level at $4.45, it is likely to go to the next support level at $4.23. Assuming the price breaks the second support level, the third support level stands at $4.11.
Definitive Healthcare Corp (NASDAQ: DH) Key Stats
With a market capitalization of 725.01 million, the company has a total of 115,523K Shares Outstanding. Currently, annual sales are 251,420 K while annual income is -202,390 K. The company’s previous quarter sales were 62,700 K while its latest quarter income was -130,900 K.
