DoubleVerify Holdings Inc (NYSE: DV) closed the day trading at $30.85 down -1.91% from the previous closing price of $31.45. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 2650136 shares were traded.
Ratios:
For a better understanding of DV, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.43. 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.
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:
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 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 5.38B and an Enterprise Value of 5.16B. As of this moment, DoubleVerify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 75.02, and their Forward P/E ratio for the next fiscal year is 32.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.23 while its Price-to-Book (P/B) ratio in mrq is 4.92. Its current Enterprise Value per Revenue stands at 9.01 whereas that against EBITDA is 37.43.
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 38.89, while the 200-Day Moving Average is calculated to be 34.43.
Shares Statistics:
Over the past 3-months, DV traded about 1.61M shares per day on average, while over the past 10 days, DV traded about 2.93M shares per day. 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 83.80% stake in the company. Shares short for DV as of Feb 15, 2024 were 5.42M with a Short Ratio of 3.37, compared to 3.94M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.17% and a Short% of Float of 4.61%.
Earnings Estimates
Current recommendations for the stock of the company come from 15 analysts. On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.09 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 $0.11 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.47 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 $138.66M in revenue for the current quarter. It ranges from a high estimate of $148.33M 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 13.10% from the year-ago figure. For the next quarter, 20 analysts are estimating revenue of $158.86M, an increase of 18.80% over than the figure of $13.10% 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 $711.04M, while the lowest revenue estimate was $690.49M, resulting in an average revenue estimate of $697.13M. In the same quarter a year ago, actual revenue was $572.54M, up 21.80% from the average estimate. Based on 21 analysts’ estimates, the company’s revenue will be $846.39M in the next fiscal year. The high estimate is $883.07M 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.
