DoubleVerify Holdings Inc (DV) Stock Volatility: Beta and Market Fluctuations

As of close of business last night, DoubleVerify Holdings Inc’s stock clocked out at $32.91, down -0.66% from its previous closing price of $33.13. On the day, 1230845 shares were traded.

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Ratios:

To gain a deeper understanding of DV’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 54.86. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 26 ’24 when Allais Nicola T sold 5,292 shares for $33.45 per share. The transaction valued at 177,044 led to the insider holds 73,030 shares of the business.

Allais Nicola T sold 5,292 shares of DV for $177,532 on Mar 25 ’24. The Chief Financial Officer now owns 73,030 shares after completing the transaction at $33.55 per share. On Mar 19 ’24, another insider, Allais Nicola T, who serves as the Chief Financial Officer of the company, sold 5,292 shares for $33.55 each. As a result, the insider received 177,566 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 5.64B and an Enterprise Value of 5.41B. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 80.03, and their Forward P/E ratio for the next fiscal year is 34.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.84 while its Price-to-Book (P/B) ratio in mrq is 5.24. Its current Enterprise Value per Revenue stands at 9.45 whereas that against EBITDA is 39.27.

Stock Price History:

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 37.58, while the 200-Day Moving Average is calculated to be 34.39.

Shares Statistics:

It appears that DV traded 1.81M shares on average per day over the past three months and 1.86M shares per day over the past ten days. A total of 171.15M shares are outstanding, with a floating share count of 138.67M. Insiders hold about 19.03% of the company’s shares, while institutions hold 83.97% stake in the company. Shares short for DV as of Feb 29, 2024 were 4.9M with a Short Ratio of 3.05, 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

As of right now, 15 analysts gave their recommendation on the stock of the company. 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

In the current quarter, 20 analysts expect revenue to total $138.26M. 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.

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