Earnings To Watch Definitive Healthcare Corp Reports Q3 2024 Result

DH Stock  USD 4.44  0.19  4.47%   
Under 52% of Definitive Healthcare's traders are presently thinking to get in. The analysis of the overall investor sentiment regarding Definitive Healthcare Corp suggests that some traders are interested. Definitive Healthcare's investing sentiment shows overall attitude of investors towards Definitive Healthcare Corp.
  
Definitive Healthcare Corp is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is 61.72 million, and the earnings are expected to come in at 0.04 per share. The full year 2024s revenue is expected to be 249.23 million and the earnings are expected to be -1.52 per share.

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Definitive Healthcare Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Definitive Healthcare can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Definitive Healthcare Fundamental Analysis

We analyze Definitive Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Definitive Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Definitive Healthcare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Gross Profit

Gross Profit Comparative Analysis

Definitive Healthcare is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Definitive Healthcare Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Definitive Healthcare stock to make a market-neutral strategy. Peer analysis of Definitive Healthcare could also be used in its relative valuation, which is a method of valuing Definitive Healthcare by comparing valuation metrics with similar companies.

Peers

Definitive Healthcare Related Equities

SLPSimulations Plus   8.92   
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HCATHealth Catalyst   4.08   
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FORAForian   3.35   
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PHRPhreesia   2.59   
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HSTMHealthStream   1.66   
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18.0%
HQYHealthEquity   1.64   
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18.0%
PRVAPrivia Health   1.39   
0%
15.0%
NRCNational Research   0.42   
4.0%
0%
EVHEvolent Health   2.50   
28.0%
0%
CERTCertara   3.34   
37.0%
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