Why the growth investor may take a look at DAVE INC (NASDAQ:DAVE).

In this article we will dive into DAVE INC (NASDAQ:DAVE) as a possible candidate for growth investing. Investors should always do their own research, but we noticed DAVE INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

What matters for growth investors.

• DAVE has achieved an impressive Return on Equity (ROE) of 31.61%, showcasing its ability to generate favorable returns for shareholders.
• DAVE has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• With impressive 1-year revenue growth of 33.95%, DAVE showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 37.84%, DAVE showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• With positive growth in its operating margin over the past year, DAVE showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• The free cash flow (FCF) of DAVE has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• DAVE has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 4.0K% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• Over the past 3 months, analysts have adjusted their EPS Estimate for DAVE with a 125.0% change. This highlights the evolving outlook on the company's EPS potential.
• DAVE has experienced %EPSYGROWTHTTM% growth in EPS over a 12 month period, demonstrating its ability to generate sustained and positive earnings momentum.
• Accelerating EPS growth for DAVE: the current Q2Q growth of 4.0K% exceeds the previous year Q2Q growth of 102.0%.

Zooming in on the fundamentals.

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

DAVE gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 52 industry peers in the Consumer Finance industry. While DAVE has a great health rating, its profitability is only average at the moment. DAVE is valued quite expensively, but it does show have an excellent growth rating. With these ratings, DAVE could be worth investigating further for growth investing!.

Check the latest full fundamental report of DAVE for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.