Investors Should Take Note Of DoubleVerify Holdings Inc (DV)

DoubleVerify Holdings Inc (DV) concluded trading on Wednesday at a closing price of $19.96, with 4.05 million shares of worth about $80.82 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.15% during that period and on January 08, 2025 the price saw a gain of about 3.85%. Currently the company’s common shares owned by public are about 170.63M shares, out of which, 141.93M shares are available for trading.

Stock saw a price change of 3.90% in past 5 days and over the past one month there was a price change of -3.43%. Year-to-date (YTD), DV shares are showing a performance of 3.90% which decreased to -43.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.11 but also hit the highest price of $43.00 during that period. The average intraday trading volume for DoubleVerify Holdings Inc shares is 1.91 million. The stock is currently trading 0.84% above its 20-day simple moving average (SMA20), while that difference is up 1.83% for SMA50 and it goes to -4.49% lower than SMA200.

DoubleVerify Holdings Inc (NYSE: DV) currently have 170.63M outstanding shares and institutions hold larger chunk of about 85.73% of that.

The stock has a current market capitalization of $3.38B and its 3Y-monthly beta is at 0.98. PE ratio of stock for trailing 12 months is 52.96, while it has posted earnings per share of $0.38 in the same period. Its PEG reads 3.09 and has Quick Ratio of 6.57 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DV, volatility over the week remained 3.88% while standing at 3.01% over the month.

Stock’s fiscal year EPS is expected to drop by -50.92% while it is estimated to increase by 24.40% in next year. EPS is likely to shrink at an annualized rate of 17.15% for next 5-years, compared to annual growth of 82.60% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on December 18, 2024 offering an Outperform rating for the stock and assigned a target price of $25 to it. Coverage by Scotiabank stated DoubleVerify Holdings Inc (DV) stock as a Sector outperform in their note to investors on December 05, 2024, suggesting a price target of $24 for the stock. On October 29, 2024, Wells Fargo Initiated their recommendations, while on June 25, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $21. Stock get an Underperform rating from BofA Securities on May 09, 2024.

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