After finishing at $33.43 in the prior trading day, DoubleVerify Holdings Inc (NYSE: DV) closed at $33.50, up 0.21%. In other words, the price has increased by $+0.07 from its previous closing price. On the day, 1865862 shares were traded.
Ratios:
Our goal is to gain a better understanding of DV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.84. For the most recent quarter (mrq), Quick Ratio is recorded 6.36 and its Current Ratio is at 6.36. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
On January 11, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $47.
On January 09, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $44.BMO Capital Markets initiated its Outperform rating on January 09, 2024, with a $44 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 Mar 18 ’24 when Grimmig Andrew E sold 50,924 shares for $33.51 per share. The transaction valued at 1,706,514 led to the insider holds 39,468 shares of the business.
Allais Nicola T sold 5,364 shares of DV for $175,918 on Mar 18 ’24. The Chief Financial Officer now owns 73,030 shares after completing the transaction at $32.80 per share. On Mar 05 ’24, another insider, Eddleman Julie, who serves as the Global Chief Comm. Officer of the company, sold 900 shares for $30.30 each. As a result, the insider received 27,270 and left with 137,668 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 5.74B and an Enterprise Value of 5.51B. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.47, and their Forward P/E ratio for the next fiscal year is 35.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.02 while its Price-to-Book (P/B) ratio in mrq is 5.34. Its current Enterprise Value per Revenue stands at 9.63 whereas that against EBITDA is 40.00.
Stock Price History:
The Beta on a monthly basis for DV is 1.02, which has changed by 16.00% over the last 52 weeks, in comparison to a change of 32.31% 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 $25.13. The 50-Day Moving Average of the stock is 37.87, while the 200-Day Moving Average is calculated to be 34.44.
Shares Statistics:
The stock has traded on average 1.80M shares per day over the past 3-months and 2.42M shares per day over the last 10 days, according to various share statistics. A total of 171.15M shares are outstanding, with a floating share count of 138.66M. Insiders hold about 19.03% of the company’s shares, while institutions hold 83.94% stake in the company. Shares short for DV as of Feb 29, 2024 were 4.9M with a Short Ratio of 2.72, compared to 5.26M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.86% and a Short% of Float of 4.17%.
Earnings Estimates
Its stock is currently analyzed by 15 different market analysts. 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 $0.06, with high estimates of $0.09 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.45 and $0.29 for the fiscal current year, implying an average EPS of $0.36. EPS for the following year is $0.52, with 15 analysts recommending between $0.66 and $0.38.
Revenue Estimates
20 analysts predict $138.26M 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 $122.59M, an estimated increase of 12.80% from the year-ago figure. For the next quarter, 20 analysts are estimating revenue of $158.76M, an increase of 18.70% over than the figure of $12.80% in the same quarter last year. 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 $696.47M. In the same quarter a year ago, actual revenue was $572.54M, up 21.60% from the average estimate. Based on 21 analysts’ estimates, the company’s revenue will be $845.3M in the next fiscal year. The high estimate is $868M and the low estimate is $808M. The average revenue growth estimate for next year is up 21.40% from the average revenue estimate for this year.
