Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
DoubleVerify Holdings Inc (NYSE: DV) closed the day trading at $18.78 down -38.57% from the previous closing price of $30.57. In other words, the price has decreased by -$38.57 from its previous closing price. On the day, 20.28 million shares were traded. DV stock price reached its highest trading level at $19.015 during the session, while it also had its lowest trading level at $17.745.
Ratios:
For a better understanding of DV, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.03. 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.
On March 11, 2024, Macquarie Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $40.
On January 11, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $47.BofA Securities initiated its Buy rating on January 11, 2024, with a $47 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 24 ’24 when Allais Nicola T sold 5,292 shares for $30.86 per share. The transaction valued at 163,289 led to the insider holds 73,030 shares of the business.
Allais Nicola T sold 5,292 shares of DV for $157,110 on Apr 23 ’24. The Chief Financial Officer now owns 73,030 shares after completing the transaction at $29.69 per share. On Apr 16 ’24, another insider, Eddleman Julie, who serves as the Global Chief Comm. Officer of the company, sold 900 shares for $30.85 each. As a result, the insider received 27,765 and left with 139,802 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 3224788992 and an Enterprise Value of 5005225472. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.38, and their Forward P/E ratio for the next fiscal year is 20.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.44 while its Price-to-Book (P/B) ratio in mrq is 2.94. Its current Enterprise Value per Revenue stands at 8.473 whereas that against EBITDA is 43.825.
Stock Price History:
The Beta on a monthly basis for DV is 1.11, which has changed by 0.09609175 over the last 52 weeks, in comparison to a change of 0.2537824 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 $26.23. The 50-Day Moving Average of the stock is -41.65%, while the 200-Day Moving Average is calculated to be -43.73%.
Shares Statistics:
Over the past 3-months, DV traded about 2.03M shares per day on average, while over the past 10 days, DV traded about 1942650 shares per day. A total of 171.15M shares are outstanding, with a floating share count of 138.87M. Insiders hold about 18.91% of the company’s shares, while institutions hold 87.07% stake in the company. Shares short for DV as of 1713139200 were 7140503 with a Short Ratio of 3.52, compared to 1710460800 on 5524689. Therefore, it implies a Short% of Shares Outstanding of 7140503 and a Short% of Float of 6.02.
Earnings Estimates
At present, 15.0 analysts are actively evaluating the performance of DoubleVerify Holdings Inc (DV) in the stock market.On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.05 and a low estimate of $0.01, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.05, with high estimates of $0.09 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.45 and $0.28 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.51, with 15.0 analysts recommending between $0.66 and $0.38.
Revenue Estimates
20 analysts predict $140.78M in revenue for the current quarter. It ranges from a high estimate of $140.21M to a low estimate of $136.47M. As of the current estimate, DoubleVerify Holdings Inc’s year-ago sales were $122.59MFor the next quarter, 20 analysts are estimating revenue of $158.54M. There is a high estimate of $166M for the next quarter, whereas the lowest estimate is $152.14M.
A total of 21 analysts have provided revenue estimates for DV’s current fiscal year. The highest revenue estimate was $705M, while the lowest revenue estimate was $690.49M, resulting in an average revenue estimate of $696.11M. In the same quarter a year ago, actual revenue was $572.54MBased on 21 analysts’ estimates, the company’s revenue will be $844.34M in the next fiscal year. The high estimate is $868M and the low estimate is $808M.
