Analytical Lens: Exploring DoubleVerify Holdings Inc (DV)’s Financial Story Through Ratios

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The closing price of DoubleVerify Holdings Inc (NYSE: DV) was $19.29 for the day, up 2.12% from the previous closing price of $18.89. In other words, the price has increased by $2.12 from its previous closing price. On the day, 3.53 million shares were traded. DV stock price reached its highest trading level at $19.36 during the session, while it also had its lowest trading level at $18.76.

Ratios:

Our analysis of DV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.91. For the most recent quarter (mrq), Quick Ratio is recorded 7.30 and its Current Ratio is at 7.30. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on May 09, 2024, Downgraded its rating to Underperform and sets its target price to $18 from $45 previously.

Macquarie Upgraded its Neutral to Outperform on March 11, 2024, while the target price for the stock was maintained at $40.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 07 ’24 when Eddleman Julie sold 900 shares for $31.00 per share. The transaction valued at 27,900 led to the insider holds 145,944 shares of the business.

Allais Nicola T sold 5,292 shares of DV for $163,289 on Apr 24 ’24. The Chief Financial Officer now owns 73,030 shares after completing the transaction at $30.86 per share. On Apr 23 ’24, another insider, Allais Nicola T, who serves as the Chief Financial Officer of the company, sold 5,292 shares for $29.69 each. As a result, the insider received 157,110 and left with 73,030 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DV now has a Market Capitalization of 3313945088 and an Enterprise Value of 3069576448. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.64, and their Forward P/E ratio for the next fiscal year is 20.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.61 while its Price-to-Book (P/B) ratio in mrq is 3.02. Its current Enterprise Value per Revenue stands at 5.196 whereas that against EBITDA is 26.877.

Stock Price History:

The Beta on a monthly basis for DV is 0.98, which has changed by -0.31180876 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, DV has reached a high of $43.00, while it has fallen to a 52-week low of $17.74. The 50-Day Moving Average of the stock is -37.94%, while the 200-Day Moving Average is calculated to be -41.62%.

Shares Statistics:

DV traded an average of 2.47M shares per day over the past three months and 4953320 shares per day over the past ten days. A total of 171.15M shares are outstanding, with a floating share count of 139.31M. Insiders hold about 18.91% of the company’s shares, while institutions hold 86.72% stake in the company. Shares short for DV as of 1714435200 were 5709091 with a Short Ratio of 2.32, compared to 1711584000 on 6503875. Therefore, it implies a Short% of Shares Outstanding of 5709091 and a Short% of Float of 4.81.

Earnings Estimates

DoubleVerify Holdings Inc (DV) is presently subject to a detailed evaluation by 15.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.03, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.08, with high estimates of $0.12 and low estimates of $0.06.

Analysts are recommending an EPS of between $0.44 and $0.23 for the fiscal current year, implying an average EPS of $0.34. EPS for the following year is $0.58, with 15.0 analysts recommending between $0.91 and $0.38.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 20 analysts. It ranges from a high estimate of $161.52M to a low estimate of $151.8M. As of the current estimate, DoubleVerify Holdings Inc’s year-ago sales were $133.74MFor the next quarter, 20 analysts are estimating revenue of $170.73M. There is a high estimate of $183M for the next quarter, whereas the lowest estimate is $165.5M.

A total of 21 analysts have provided revenue estimates for DV’s current fiscal year. The highest revenue estimate was $697.1M, while the lowest revenue estimate was $656.78M, resulting in an average revenue estimate of $675.85M. In the same quarter a year ago, actual revenue was $572.54MBased on 21 analysts’ estimates, the company’s revenue will be $807.18M in the next fiscal year. The high estimate is $860.15M and the low estimate is $755.3M.

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