Definitive Healthcare Corp Stock Today

DH Stock  USD 8.07  0.16  2.02%   

Performance

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Odds Of Distress

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Definitive Healthcare is trading at 8.07 as of the 29th of March 2024. This is a 2.02 percent up since the beginning of the trading day. The stock's open price was 7.91. Definitive Healthcare has 52 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Definitive Healthcare Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
15th of September 2021
Category
Healthcare
Classification
Health Care
Definitive Healthcare Corp., together with its subsidiaries, provides healthcare commercial intelligence in the United States. Definitive Healthcare Corp. was founded in 2011 and is headquartered in Framingham, Massachusetts. Definitive Healthcare operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. The company has 117.72 M outstanding shares of which 4.83 M shares are currently sold short in the market by investors with about 12.97 days to cover all shorted shares. More on Definitive Healthcare Corp

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Definitive Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Definitive Healthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Definitive Healthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care Technology, Health Care Equipment & Services, Health Care, NASDAQ Composite, Data Storage, Business Services, Health Care, Health Care Technology, Health Information Services, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Definitive Healthcare report their recommendations after researching Definitive Healthcare's financial statements, talking to executives and customers, or listening in on Definitive Healthcare's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Definitive Healthcare. The Definitive consensus assessment is calculated by taking the average forecast from all of the analysts covering Definitive Healthcare.
Definitive Healthcare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Definitive Healthcare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Definitive Healthcare's financial leverage. It provides some insight into what part of Definitive Healthcare's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Definitive Healthcare's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Definitive Healthcare deploys its capital and how much of that capital is borrowed.
Liquidity
Definitive Healthcare cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 267.93 M of total liabilities with total debt to equity ratio (D/E) of 0.19, which may suggest the company is not taking enough advantage from financial leverage. Definitive Healthcare has a current ratio of 3.25, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Definitive Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Definitive Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Definitive Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Definitive to invest in growth at high rates of return. When we think about Definitive Healthcare's use of debt, we should always consider it together with cash and equity.

Stock Based Compensation

51.18 Million
Definitive Healthcare Corp (DH) is traded on NASDAQ Exchange in USA. It is located in 492 Old Connecticut Path, Framingham, MA, United States, 01701 and employs 950 people. Definitive Healthcare is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 915.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Definitive Healthcare's market, we take the total number of its shares issued and multiply it by Definitive Healthcare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Definitive Healthcare is active under Health Care Technology sector as part of Health Care industry. The entity has 117.72 M outstanding shares of which 4.83 M shares are currently sold short in the market by investors with about 12.97 days to cover all shorted shares. Definitive Healthcare Corp reports about 347.87 M in cash with 41.19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.46.
Check Definitive Healthcare Probability Of Bankruptcy
Ownership Allocation
Definitive Healthcare retains a total of 117.72 Million outstanding shares. The majority of Definitive Healthcare Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Definitive Healthcare to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Definitive Healthcare. Please pay attention to any change in the institutional holdings of Definitive Healthcare Corp as this could imply that something significant has changed or is about to change at the company. Also note that almost two million three hundred fifty-four thousand four hundred sixty invesors are currently shorting Definitive Healthcare expressing very little confidence in its future performance.
Check Definitive Ownership Details

Definitive Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Definitive Healthcare jumping above the current price in 90 days from now is about 89.3%. The Definitive Healthcare Corp probability density function shows the probability of Definitive Healthcare stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 3.0015 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Definitive Healthcare will likely underperform. Additionally, definitive Healthcare Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 8.07HorizonTargetOdds Above 8.07
10.62%90 days
 8.07 
89.30%
Based on a normal probability distribution, the odds of Definitive Healthcare to move above the current price in 90 days from now is about 89.3 (This Definitive Healthcare Corp probability density function shows the probability of Definitive Stock to fall within a particular range of prices over 90 days) .

Definitive Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Definitive Healthcare that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Definitive Healthcare's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Definitive Healthcare's value.
InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2023-12-31
1.7 M
Goldman Sachs Group Inc2023-12-31
1.5 M
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2023-12-31
1.4 M
Palisade Capital Management Llc2023-12-31
1.1 M
Geode Capital Management, Llc2023-12-31
1.1 M
Bank Of New York Mellon Corp2023-12-31
1.1 M
State Street Corporation2023-12-31
952.9 K
Eagle Asset Management, Inc.2023-12-31
772.1 K
Granahan Investment Management Inc..2023-12-31
733.8 K
Advent International Lp2023-12-31
62.5 M
Conestoga Capital Advisors, Llc2023-12-31
5.5 M
View Definitive Healthcare Diagnostics

Definitive Healthcare Historical Income Statement

Definitive Healthcare Corp Income Statement is one of the three primary financial statements used for reporting Definitive's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Definitive Healthcare revenue and expense. Definitive Healthcare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Definitive Healthcare's Minority Interest is increasing as compared to previous years. View More Fundamentals

Definitive Stock Against Markets

Picking the right benchmark for Definitive Healthcare stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Definitive Healthcare stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Definitive Healthcare is critical whether you are bullish or bearish towards Definitive Healthcare Corp at a given time. Please also check how Definitive Healthcare's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Definitive Healthcare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Definitive Healthcare Corporate Management

Elected by the shareholders, the Definitive Healthcare's board of directors comprises two types of representatives: Definitive Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Definitive. The board's role is to monitor Definitive Healthcare's management team and ensure that shareholders' interests are well served. Definitive Healthcare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Definitive Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Definitive Stock?

Before investing in Definitive Healthcare, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Definitive Healthcare. To buy Definitive Healthcare stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Definitive Healthcare. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Definitive Healthcare stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Definitive Healthcare Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Definitive Healthcare Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Definitive Healthcare Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Definitive Stock please use our How to Invest in Definitive Healthcare guide.

Already Invested in Definitive Healthcare Corp?

The danger of trading Definitive Healthcare Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Definitive Healthcare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Definitive Healthcare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Definitive Healthcare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Definitive Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Definitive Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Definitive Healthcare Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Definitive Healthcare Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Definitive Healthcare Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Definitive Healthcare information on this page should be used as a complementary analysis to other Definitive Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Definitive Stock analysis

When running Definitive Healthcare's price analysis, check to measure Definitive Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Definitive Healthcare is operating at the current time. Most of Definitive Healthcare's value examination focuses on studying past and present price action to predict the probability of Definitive Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Definitive Healthcare's price. Additionally, you may evaluate how the addition of Definitive Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Definitive Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Definitive Healthcare. If investors know Definitive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Definitive Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.79)
Revenue Per Share
2.23
Quarterly Revenue Growth
0.088
Return On Assets
(0.01)
Return On Equity
(0.22)
The market value of Definitive Healthcare is measured differently than its book value, which is the value of Definitive that is recorded on the company's balance sheet. Investors also form their own opinion of Definitive Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Definitive Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Definitive Healthcare's market value can be influenced by many factors that don't directly affect Definitive Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Definitive Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Definitive Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Definitive Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.