At the time of writing, DoubleVerify Holdings Inc [DV] stock is trading at $21.48, up 4.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DV shares have gain 6.02% over the last week, with a monthly amount glided 11.82%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DoubleVerify Holdings Inc [NYSE: DV] stock has seen the most recent analyst activity on December 18, 2024, when Raymond James initiated its Outperform rating and assigned the stock a price target of $25. Previously, Scotiabank started tracking the stock with Sector Outperform rating on December 05, 2024, and set its price target to $24. On October 29, 2024, Wells Fargo initiated with a Underweight rating and assigned a price target of $14 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $21 on June 25, 2024. BofA Securities downgraded its rating to a Underperform and reduced its price target to $18 on May 09, 2024. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on May 08, 2024. In a note dated March 11, 2024, Macquarie upgraded an Outperform rating on this stock but restated the target price of $40.
For the past year, the stock price of DoubleVerify Holdings Inc fluctuated between $16.11 and $43.00. Currently, Wall Street analysts expect the stock to reach $24.83 within the next 12 months. DoubleVerify Holdings Inc [NYSE: DV] shares were valued at $21.48 at the most recent close of the market. An investor can expect a potential return of 15.6% based on the average DV price forecast.
Analyzing the DV fundamentals
According to DoubleVerify Holdings Inc [NYSE:DV], the company’s sales were 638.46M for trailing twelve months, which represents an 17.77% jump. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.15%, 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 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 20.55 points at the first support level, and at 19.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.09, and for the 2nd resistance point, it is at 22.70.
Ratios To Look Out For
It is important to note that DoubleVerify Holdings Inc [NYSE:DV] has a current ratio of 6.57. Further, the Quick Ratio stands at 6.57, while the Cash Ratio is 3.54. Considering the valuation of this stock, the price to sales ratio is 5.69, the price to book ratio is 3.24 and price to earnings (TTM) ratio is 56.99.
Transactions by insiders
Recent insider trading involved Allais Nicola T, Chief Financial Officer, that happened on Dec 18 ’24 when 2071.0 shares were sold. Chief Financial Officer, Allais Nicola T completed a deal on Dec 17 ’24 to sell 1667.0 shares. Meanwhile, Chief Financial Officer Allais Nicola T sold 2220.0 shares on Dec 10 ’24.
