Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of DoubleVerify Holdings Inc (NYSE: DV) closed at $30.14 in the last session, down -2.11% from day before closing price of $30.79. In other words, the price has decreased by -$2.11 from its previous closing price. On the day, 1.58 million shares were traded. DV stock price reached its highest trading level at $30.32 during the session, while it also had its lowest trading level at $29.82.
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 16.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.24. 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 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 5287068160 and an Enterprise Value of 4937852416. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 73.30, and their Forward P/E ratio for the next fiscal year is 31.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.02 while its Price-to-Book (P/B) ratio in mrq is 4.80. Its current Enterprise Value per Revenue stands at 8.624 whereas that against EBITDA is 40.953.
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 -12.01%, while the 200-Day Moving Average is calculated to be -10.91%.
Shares Statistics:
According to the various share statistics, DV traded on average about 1.93M shares per day over the past 3-months and 1533870 shares per day over the past 10 days. A total of 171.15M shares are outstanding, with a floating share count of 138.88M. Insiders hold about 18.91% of the company’s shares, while institutions hold 86.61% stake in the company. Shares short for DV as of 1713139200 were 7140503 with a Short Ratio of 3.70, compared to 1710460800 on 5524689. Therefore, it implies a Short% of Shares Outstanding of 7140503 and a Short% of Float of 6.02.
