DoubleVerify Holdings Inc (NYSE: DV) has a higher price-to-earnings ratio of 49.91x compared to its average ratio, The 36-month beta value for DV is at 0.94. Analysts have varying views on the stock, with 12 analysts rating it as a “buy,” 2 rating it as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for DV is 142.80M, and currently, shorts hold a 3.58% of that float. The average trading volume for DV on September 16, 2024 was 2.39M shares.
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DV) stock’s latest price update
DoubleVerify Holdings Inc (NYSE: DV) has seen a decline in its stock price by -0.34 in relation to its previous close of 17.48. However, the company has experienced a -3.86% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-09-10 that NEW YORK–(BUSINESS WIRE)–DoubleVerify (“DV”) (NYSE: DV), the leading software platform for digital media measurement, data and analytics, today published its 2024 Impact Report, outlining the company’s dedication to environmental sustainability, diversity, data privacy, and ethical business practices. “We are excited to share our latest Impact Report, which underscores DV’s unwavering commitment to sustainability, diversity, and ethical business practices that benefit all of our stakeholders.
DV’s Market Performance
DV’s stock has fallen by -3.86% in the past week, with a monthly drop of -4.55% and a quarterly drop of -4.76%. The volatility ratio for the week is 3.33% while the volatility levels for the last 30 days are 2.67% for DoubleVerify Holdings Inc The simple moving average for the past 20 days is -8.18% for DV’s stock, with a -38.24% simple moving average for the past 200 days.
Analysts’ Opinion of DV
Many brokerage firms have already submitted their reports for DV stocks, with Morgan Stanley repeating the rating for DV by listing it as a “Equal-Weight.” The predicted price for DV in the upcoming period, according to Morgan Stanley is $21 based on the research report published on June 25, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see DV reach a price target of $18, previously predicting the price at $45. The rating they have provided for DV stocks is “Underperform” according to the report published on May 09th, 2024.
DV Trading at -10.59% from the 50-Day Moving Average
After a stumble in the market that brought DV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.49% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 3.33%, as shares sank -7.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.20% lower at present.
During the last 5 trading sessions, DV fell by -3.86%, which changed the moving average for the period of 200-days by -45.98% in comparison to the 20-day moving average, which settled at $18.90. In addition, DoubleVerify Holdings Inc saw -52.64% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DV starting from Allais Nicola T, who sale 1,764 shares at the price of $19.32 back on Aug 21 ’24. After this action, Allais Nicola T now owns 77,314 shares of DoubleVerify Holdings Inc, valued at $34,078 using the latest closing price.
Allais Nicola T, the Chief Financial Officer of DoubleVerify Holdings Inc, sale 1,764 shares at $19.29 during a trade that took place back on Aug 20 ’24, which means that Allais Nicola T is holding 77,314 shares at $34,035 based on the most recent closing price.
Stock Fundamentals for DV
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.77 for the gross margin
The net margin for DoubleVerify Holdings Inc stands at 0.1. The total capital return value is set at 0.06. Equity return is now at value 5.99, with 5.19 for asset returns.
Based on DoubleVerify Holdings Inc (DV), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 1.71. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 71.84.
Currently, EBITDA for the company is 128.78 million with net debt to EBITDA at -1.39. When we switch over and look at the enterprise to sales, we see a ratio of 4.56. The receivables turnover for the company is 3.26for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.04.
Conclusion
In conclusion, DoubleVerify Holdings Inc (DV) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
