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NYSE:DV qualifies as a high growth stock and is consolidating.

By Mill Chart

Last update: Oct 13, 2023

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether DOUBLEVERIFY HOLDINGS INC (NYSE:DV) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but DOUBLEVERIFY HOLDINGS INC has surfaced on our radar for growth with base formation, warranting further examination.

A Closer Look at Growth for NYSE:DV

Every stock receives a Growth Rating from ChartMill, ranging from 0 to 10. This rating assesses various growth aspects, including historical and projected EPS and revenue growth. NYSE:DV boasts a 8 out of 10:

  • The Earnings Per Share has been growing by 19.10% on average over the past years. This is quite good.
  • Looking at the last year, DV shows a very strong growth in Revenue. The Revenue has grown by 27.10%.
  • Measured over the past years, DV shows a very strong growth in Revenue. The Revenue has been growing by 35.29% on average per year.
  • The Earnings Per Share is expected to grow by 56.66% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, DV will show a very strong growth in Revenue. The Revenue will grow by 21.57% on average per year.
  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

Assessing Health for NYSE:DV

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:DV has achieved a 8 out of 10:

  • An Altman-Z score of 20.17 indicates that DV is not in any danger for bankruptcy at the moment.
  • DV has a Altman-Z score of 20.17. This is amongst the best in the industry. DV outperforms 96.44% of its industry peers.
  • DV has a debt to FCF ratio of 0.11. This is a very positive value and a sign of high solvency as it would only need 0.11 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.11, DV belongs to the best of the industry, outperforming 83.63% of the companies in the same industry.
  • A Debt/Equity ratio of 0.00 indicates that DV is not too dependend on debt financing.
  • DV has a better Debt to Equity ratio (0.00) than 65.12% of its industry peers.
  • A Current Ratio of 7.43 indicates that DV has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 7.43, DV belongs to the top of the industry, outperforming 91.46% of the companies in the same industry.
  • A Quick Ratio of 7.43 indicates that DV has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 7.43, DV belongs to the top of the industry, outperforming 91.46% of the companies in the same industry.

How do we evaluate the Profitability for NYSE:DV?

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:DV, the assigned 8 is noteworthy for profitability:

  • Looking at the Return On Assets, with a value of 4.93%, DV belongs to the top of the industry, outperforming 85.41% of the companies in the same industry.
  • DV has a Return On Equity of 5.72%. This is amongst the best in the industry. DV outperforms 82.92% of its industry peers.
  • With an excellent Return On Invested Capital value of 5.22%, DV belongs to the best of the industry, outperforming 82.92% of the companies in the same industry.
  • The 3 year average ROIC (3.53%) for DV is below the current ROIC(5.22%), indicating increased profibility in the last year.
  • DV has a better Profit Margin (10.64%) than 86.48% of its industry peers.
  • DV's Operating Margin of 14.50% is amongst the best of the industry. DV outperforms 86.48% of its industry peers.
  • DV has a better Gross Margin (81.62%) than 87.90% of its industry peers.

Looking at the Setup

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the extent of consolidation in the stock based on multiple short-term technical indicators. Currently, NYSE:DV has a 7 as its setup rating:

Although the technical rating is bad, DV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 27.64, a Stop Loss order could be placed below this zone.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

Our latest full fundamental report of DV contains the most current fundamental analsysis.

For an up to date full technical analysis you can check the technical report of DV

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.

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DOUBLEVERIFY HOLDINGS INC

NYSE:DV (2/23/2024, 7:04:00 PM)

After market: 42 -0.36 (-0.85%)

42.36

+0.07 (+0.17%)

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