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12/07/2023 16:00:00 EST
Definitive Healthcare Corp (DH)
Industry: Health Information Services
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 30 trading days, DH has been trading in a range between $8.38 and $5.70 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
DH is trading between resistance at $9.48 about 12% to the upside and support at $7.92 -6% to the downside. If it can break above the resistance, it could have some more upside to the next line of resistance at $10.69, about a 26% move. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Definitive Healthcare Corp (DH) entered a Green zone 18 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 3.923, which is a Buy. The current analyst target price is $12.45, which gives it a potential upside of 47.16 % from the recent price of 8.46. The stock is trading 65.84% (potential upside) below its 52 week high of $14.03 and 52.98 % (potential downside) above its 52 week low of $5.53 - based on the recent price.
Company Summary
Definitive Healthcare Corp, together with its subsidiaries, provides software as a service (SaaS) healthcare commercial intelligence platform in the United States. Its SaaS platform provides information on healthcare providers and their activities to help its customers from product development to go-to-market planning, and sales and marketing execution.
News
| Definitive Healthcare: Undervalued Vs. Peers Given Revenue Growth And Margin Expansion Strengthening fundamentals: Definitive Healthcare shows steady revenue growth at 10% and expanding adjusted EBITDA margins. CRPO growth is slowing to a controlled rate and stabilizing, which indicates the end of client churn that took place over past 2 years. Valuation outlook: Fair price potential around $9.0, signaling a 25% upside from current $7.18. Source: Seeking Alpha Tue, 14 Nov 2023 10:41:59 -0500 Sentiment: Positive |
| Definitive Healthcare Corp. (DH) Q3 2023 Earnings Call Transcript Definitive Healthcare Corp. (DH) Q3 2023 Earnings Call Transcript Source: Seeking Alpha Fri, 03 Nov 2023 17:15:18 -0400 Sentiment: Neutral |
| Definitive Healthcare Corp. reports inducement grants under Nasdaq Listing Rule 5635(c)(4) FRAMINGHAM, Mass., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Definitive Healthcare (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced that in connection with the hiring of Carrie Lazorchak as Definitive Healthcare's new Chief Revenue Officer, the Human Capital Management and Compensation Committee (the “Committee”) of Definitive Healthcare's Board of Directors granted Ms. Lazorchak an inducement award consisting of 385,695 time-based restricted stock units (“RSUs”) effective November 1, 2023. This award was individually negotiated and was granted as an inducement material to Ms. Lazorchak's commencement of employment with Definitive Healthcare in accordance with Nasdaq Listing Rule 5635(c)(4). Source: GlobeNewsWire Fri, 03 Nov 2023 16:05:00 -0400 Sentiment: Neutral |
| Definitive Healthcare Corp. (DH) Soars 7.1%: Is Further Upside Left in the Stock? Definitive Healthcare Corp. (DH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term. Source: Zacks Investment Research Fri, 20 Oct 2023 09:46:43 -0400 Sentiment: Positive |
| Definitive Healthcare Announces Timing of Its Third Quarter 2023 Financial Results Conference Call and Webcast FRAMINGHAM, Mass., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Definitive Healthcare Corp. (“Definitive Healthcare”) (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced that it will report financial results for its third quarter ended September 30, 2023, on Thursday, November 2, 2023 after market close. The company will host a conference call and webcast at 5:00 PM (ET) / 2:00 PM (PT) to discuss the company's financial results. Source: GlobeNewsWire Mon, 16 Oct 2023 16:05:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 14.03 52 Week Low: 5.53 Beta: 1.3 50 Day MA: 7.3925 200 Day MA: 9.6482 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0 Qtr Revenue Growth YOY: 0.138 Forward PE: 32.1543 Trailing PE: 0