DoubleVerify Holdings Inc [DV] stock is trading at $23.07, up 2.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The DV shares have gain 5.05% over the last week, with a monthly amount glided 18.98%, 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.
DoubleVerify Holdings Inc [DV] stock has fluctuated between $16.11 and $43.00 over the past year. 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 $23.07 at the most recent close of the market. An investor can expect a potential return of 7.63% based on the average DV price forecast.
Analyzing the DV fundamentals
DoubleVerify Holdings Inc [NYSE:DV] reported sales of 638.46M for the trailing twelve months, which represents a growth of 17.77%. 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 22.62 points at the first support level, and at 22.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.30, and for the 2nd resistance point, it is at 23.53.
Ratios To Look Out For
For context, DoubleVerify Holdings Inc’s Current Ratio is 6.57. On the other hand, the Quick Ratio is 6.57, and the Cash Ratio is 3.54. Considering the valuation of this stock, the price to sales ratio is 6.11, the price to book ratio is 3.48 and price to earnings (TTM) ratio is 61.21.
Transactions by insiders
Recent insider trading involved Allais Nicola T, Chief Financial Officer, that happened on Feb 11 ’25 when 2220.0 shares were sold. Chief Financial Officer, Allais Nicola T completed a deal on Feb 10 ’25 to sell 2220.0 shares. Meanwhile, Chief Financial Officer Allais Nicola T sold 11802.0 shares on Feb 03 ’25.
