In the latest session, DoubleVerify Holdings Inc (NYSE: DV) closed at $30.89 down -21.28% from its previous closing price of $39.24. In other words, the price has decreased by -$8.35 from its previous closing price. On the day, 10252731 shares were traded. DV stock price reached its highest trading level at $34.20 during the session, while it also had its lowest trading level at $30.78.
Ratios:
For a deeper understanding of DoubleVerify Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.11. For the most recent quarter (mrq), Quick Ratio is recorded 6.28 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on January 11, 2024, initiated with a Buy rating and assigned the stock a target price of $47.
On January 09, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $44.
On December 13, 2023, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $40.Morgan Stanley initiated its Overweight rating on December 13, 2023, with a $40 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 20 when Eddleman Julie sold 900 shares for $41.67 per share. The transaction valued at 37,503 led to the insider holds 138,568 shares of the business.
Eddleman Julie sold 900 shares of DV for $37,791 on Feb 06. The Global Chief Comm. Officer now owns 139,468 shares after completing the transaction at $41.99 per share. On Jan 16, another insider, Eddleman Julie, who serves as the Global Chief Comm. Officer of the company, sold 900 shares for $36.31 each. As a result, the insider received 32,679 and left with 131,636 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 6.67B and an Enterprise Value of 6.50B. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 94.29, and their Forward P/E ratio for the next fiscal year is 31.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.17 while its Price-to-Book (P/B) ratio in mrq is 4.92. Its current Enterprise Value per Revenue stands at 12.17 whereas that against EBITDA is 52.65.
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 $23.42. The 50-Day Moving Average of the stock is 39.07, while the 200-Day Moving Average is calculated to be 34.40.
Shares Statistics:
For the past three months, DV has traded an average of 1.42M shares per day and 1.55M over the past ten days. A total of 171.15M shares are outstanding, with a floating share count of 137.63M. Insiders hold about 19.03% of the company’s shares, while institutions hold 84.38% stake in the company. Shares short for DV as of Feb 15, 2024 were 5.42M with a Short Ratio of 3.81, compared to 3.94M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.19% and a Short% of Float of 4.66%.
Earnings Estimates
There are 15 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.22 and a low estimate of $0.11, while EPS last year was $0.1. 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 $0.37 and $0.32 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.47, with 14 analysts recommending between $0.79 and $0.37.
Revenue Estimates
A total of 20 analysts believe the company’s revenue will be $172.23M this quarter.It ranges from a high estimate of $173.14M to a low estimate of $169.9M. As of the current estimate, DoubleVerify Holdings Inc’s year-ago sales were $133.64M, an estimated increase of 28.90% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $147.19M, an increase of 20.10% less than the figure of $28.90% in the same quarter last year. There is a high estimate of $150.85M for the next quarter, whereas the lowest estimate is $143.66M.
A total of 21 analysts have provided revenue estimates for DV’s current fiscal year. The highest revenue estimate was $573.41M, while the lowest revenue estimate was $570.21M, resulting in an average revenue estimate of $572.54M. In the same quarter a year ago, actual revenue was $452.42M, up 26.60% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $707.9M in the next fiscal year. The high estimate is $716.55M and the low estimate is $695.27M. The average revenue growth estimate for next year is up 23.60% from the average revenue estimate for this year.
