How to Buy Definitive Healthcare Stock
Definitive Healthcare Corp
Definitive Healthcare Corp. , together with its subsidiaries, provides healthcare commercial intelligence in the United States.
Definitive Healthcare stock last closed at $7.27, down 0.82% from the previous day, and has decreased 36.67% in one year. It has underperformed other stocks in the Health Information Services industry by 0.1 percentage points. Definitive Healthcare stock is currently +31.46% from its 52-week low of $5.53, and -41.63% from its 52-week high of $12.46.
As of Apr 23, 2024, there are 156.89M shares of DH outstanding. The market capitalization of DH is $1.14B. In the past 24 hours, 733,074 DH shares were traded.
How to Buy Definitive Healthcare Stock
Wondering how to invest in Definitive Healthcare stock? Here's how.
- Choose where to buy Definitive Healthcare stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Definitive Healthcare stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your payment method and add your info.
- Analyze Definitive Healthcare stock: The Definitive Healthcare ticker symbol is DH. Is Definitive Healthcare stock a good investment? Should you buy shares of DH? How do DH's underlying business fundamentals look? Do top analysts think Definitive Healthcare is a good buy? Why has DH's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if DH is a good stock to buy).
- Execute your DH purchase: Decide if you will purchase DH shares at the current market price or use a limit order to purchase DH shares at a specific price.
- Keep tabs on your DH position: Create a watchlist to get the latest news on your new investment in Definitive Healthcare shares.
Step 1: Choose where to buy Definitive Healthcare stock
You will need an online brokerage account in order to access the NASDAQ market and buy DH stock.
Our recommended brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can invest in DH stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new brokerage account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on a good online stock trading app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of depositing money into your new investment account.
Step 4: Analyze Definitive Healthcare stock
After you have selected the best place to buy Definitive Healthcare stock, it's absolutely critical to evaluate their stock before you invest, so you truly understand the risk and upside.
Definitive Healthcare Metrics
Definitive Healthcare Fundamentals
WallStreetZen was built to help average investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DH's stock page.
What is the fair value of DH stock?
Analysts use many financial metrics, analyses, models, and charts to gauge DH's fair value.
Using relative valuations ratios:
- DH could be undervalued based on its P/B ratio of 1.32x, relative to Health Information Services industry P/B ratio of 3.4x
You can do additional valuation analysis on DH's stock here.
A look at DH Cashflows and Balance Sheet
Signs that DH is financially healthy:
- There are more short-term assets than short-term liabilities on the DH balance sheet.
Signs that DH is not financially healthy:
- DH has a relatively high debt to equity ratio of 0.73.
- DH's operating cash flow of $41.19M allows it to safely service it's debt of $267.93M.
- DH earnings of -$205.74M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the DH balance sheet.
- DH profit margin has gone down from -3.2% to -80.5% in the past year.
Is DH stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Equities analysts who track DH, the consensus analyst rating on DH is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Definitive Healthcare stock forecast page.
DH Technicals
DH Performance Metrics
Last year, DH revenue was $251.42M. In the past 3 year, DH's revenue has grown by 104% per year. This was faster than the Health Information Services industry average of 19.8%.
You can research DH's earnings and revenue performance here.
Are DH executives and large shareholders buying or selling the stock?
In the last year, insiders at DH have sold more shares than they have bought.
Richard Douglas Booth, CHIEF FINANCIAL OFFICER of DH, was the latest DH insider to sell. They sold $8,033.37 worth of DH shares on Mar 14, 2024.
Get more info about who owns DH stock here.
Can I rely on DH as an income stream?
No, Definitive Healthcare doesn't provide an income stream by paying out dividends.
What do other investors have to say about DH?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your DH purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Hit the Open button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your DH position
Now that you own some shares in DH, you'll want to stay up-to-date on your investment.
Make a watchlist to get notified of important updates regarding your DH stock.
DH Feed
How to Buy Stock in Definitive Healthcare
To summarize, here are the 6 steps for buying Definitive Healthcare stock:
- Choose where to buy Definitive Healthcare stock
- Open your brokerage account
- Deposit money your investment account
- Analyze Definitive Healthcare stock
- Execute your DH purchase
- Keep tabs on your DH position
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Definitive Healthcare, create your watchlist below.
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