In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of DoubleVerify Holdings Inc (NYSE: DV) closed at $30.03 in the last session, down -0.46% from day before closing price of $30.17. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 1.81 million shares were traded. DV stock price reached its highest trading level at $30.69 during the session, while it also had its lowest trading level at $29.94.
Ratios:
We take a closer look at DV’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.06. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 12 ’24 when Allais Nicola T sold 5,292 shares for $32.53 per share. The transaction valued at 172,140 led to the insider holds 73,030 shares of the business.
Allais Nicola T sold 5,292 shares of DV for $176,665 on Apr 11 ’24. The Chief Financial Officer now owns 73,030 shares after completing the transaction at $33.38 per share. On Apr 04 ’24, another insider, Grimmig Andrew E, who serves as the Chief Legal Officer of the company, sold 16,667 shares for $33.80 each. As a result, the insider received 563,311 and left with 39,468 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 5156571648 and an Enterprise Value of 4919014912. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 73.03, and their Forward P/E ratio for the next fiscal year is 31.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.98 while its Price-to-Book (P/B) ratio in mrq is 4.79. Its current Enterprise Value per Revenue stands at 8.592 whereas that against EBITDA is 40.797.
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 -15.75%, while the 200-Day Moving Average is calculated to be -11.91%.
Shares Statistics:
According to the various share statistics, DV traded on average about 1.94M shares per day over the past 3-months and 1460280 shares per day over the past 10 days. A total of 171.15M shares are outstanding, with a floating share count of 138.90M. Insiders hold about 18.89% of the company’s shares, while institutions hold 86.40% stake in the company. Shares short for DV as of 1711584000 were 6503875 with a Short Ratio of 3.35, compared to 1709164800 on 4903337. Therefore, it implies a Short% of Shares Outstanding of 6503875 and a Short% of Float of 5.53.
Earnings Estimates
Currently, Visa Inc. analysts are dedicated to thoroughly evaluating and rating the performance of DoubleVerify Holdings Inc (DV) in the stock market.The consensus estimate for the next quarter is $51.67, with high estimates of $48.32 and low estimates of $396.88.
Analysts are recommending an EPS of between $Utilities and $Industrials for the fiscal current year, implying an average EPS of $Energy.
