DoubleVerify Holdings Inc (DV) stock expected to gain 90.42% in the coming months

A share price of DoubleVerify Holdings Inc [DV] is currently trading at $19.21, down -0.93%. An important factor to consider is whether the stock is rising or falling in short-term value. The DV shares have gain 4.92% over the last week, with a monthly amount drifted -5.14%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

DoubleVerify Holdings Inc [NYSE: DV] stock has seen the most recent analyst activity on June 25, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $21 from $40. Previously, BofA Securities downgraded its rating to Underperform on May 09, 2024, and dropped its price target to $18. On May 08, 2024, downgrade downgraded it’s rating to Sector Weight. Macquarie upgraded its rating to a Outperform but stick to its price target of $40 on March 11, 2024. BofA Securities initiated its recommendation with a Buy and recommended $47 as its price target on January 11, 2024. BMO Capital Markets started tracking with a Outperform rating for this stock on January 09, 2024, and assigned it a price target of $44. In a note dated December 13, 2023, Morgan Stanley initiated an Overweight rating and provided a target price of $40 on this stock.

DoubleVerify Holdings Inc experienced fluctuations in its stock price throughout the past year between $17.50 and $43.00. Currently, Wall Street analysts expect the stock to reach $36.58 within the next 12 months. DoubleVerify Holdings Inc [NYSE: DV] shares were valued at $19.21 at the most recent close of the market. An investor can expect a potential return of 90.42% based on the average DV price forecast.

Analyzing the DV fundamentals

Trailing Twelve Months sales for DoubleVerify Holdings Inc [NYSE:DV] were 612.88M which represents 16.56% growth. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.06 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.08 points at the first support level, and at 18.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.37, and for the 2nd resistance point, it is at 19.53.

Ratios To Look Out For

To put it in perspective, the Current Ratio for DoubleVerify Holdings Inc [NYSE:DV] is 7.04. On the other hand, the Quick Ratio is 7.04, and the Cash Ratio is 3.23. Considering the valuation of this stock, the price to sales ratio is 5.33, the price to book ratio is 2.98 and price to earnings (TTM) ratio is 55.04.

Transactions by insiders

Recent insider trading involved Allais Nicola T, Chief Financial Officer, that happened on Aug 05 ’24 when 1764.0 shares were sold. Chief Financial Officer, Allais Nicola T completed a deal on Aug 06 ’24 to sell 1764.0 shares. Meanwhile, Other: CFO Nicola Allais bought 21168.0 shares on Aug 05 ’24.

Related Posts