News Image

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

By Mill Chart

Last update: Dec 6, 2023

In this article we will dive into DOUBLEVERIFY HOLDINGS INC (NYSE:DV) as a possible candidate for growth investing. Investors should always do their own research, but we noticed DOUBLEVERIFY HOLDINGS INC showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.

Evaluating Growth: NYSE:DV

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NYSE:DV has achieved a 9 out of 10:

  • Measured over the past years, DV shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.56% on average per year.
  • The Revenue has grown by 25.83% in the past year. This is a very strong growth!
  • The Revenue has been growing by 35.29% on average over the past years. This is a very strong growth!
  • Based on estimates for the next years, DV will show a very strong growth in Earnings Per Share. The EPS will grow by 56.66% on average per year.
  • DV is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.44% yearly.
  • 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.

Unpacking NYSE:DV's Health Rating

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:

  • DV has an Altman-Z score of 22.04. This indicates that DV is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of DV (22.04) is better than 95.36% of its industry peers.
  • DV has a debt to FCF ratio of 0.08. This is a very positive value and a sign of high solvency as it would only need 0.08 years to pay back of all of its debts.
  • DV's Debt to FCF ratio of 0.08 is amongst the best of the industry. DV outperforms 86.79% of its industry peers.
  • 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 65.71% of its industry peers.
  • A Current Ratio of 6.28 indicates that DV has no problem at all paying its short term obligations.
  • With an excellent Current ratio value of 6.28, DV belongs to the best of the industry, outperforming 88.57% of the companies in the same industry.
  • A Quick Ratio of 6.28 indicates that DV has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 6.28, DV belongs to the best of the industry, outperforming 88.57% of the companies in the same industry.

What does the Profitability looks like for NYSE:DV

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:DV, the assigned 8 is a significant indicator of profitability:

  • Looking at the Return On Assets, with a value of 4.80%, DV belongs to the top of the industry, outperforming 83.93% of the companies in the same industry.
  • DV's Return On Equity of 5.58% is amongst the best of the industry. DV outperforms 80.36% of its industry peers.
  • DV has a Return On Invested Capital of 5.07%. This is amongst the best in the industry. DV outperforms 81.07% of its industry peers.
  • The last Return On Invested Capital (5.07%) for DV is above the 3 year average (3.53%), which is a sign of increasing profitability.
  • The Profit Margin of DV (10.56%) is better than 85.36% of its industry peers.
  • The Operating Margin of DV (14.35%) is better than 86.07% of its industry peers.
  • The Gross Margin of DV (81.38%) is better than 87.86% of its industry peers.

Looking at the Setup

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NYSE:DV scores a 7 out of 10:

Although DV has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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.

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

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

Back

DOUBLEVERIFY HOLDINGS INC

NYSE:DV (4/26/2024, 7:04:00 PM)

After market: 30.23 0 (0%)

30.23

+0.09 (+0.3%)

DV News

News Image4 days ago - DoubleVerifyDV Earns MRC Accreditation for CTV Viewability, Reinforcing its Leadership in Pre- and Post-Bid CTV Measurement
News Image6 days ago - DoubleVerifyDoubleVerify Achieves First-of-Its-Kind Responsible AI Certification From TrustArc
News Image6 days ago - TrustArcTrustArc Issues First-Ever Responsible AI Certification to DoubleVerify

/PRNewswire/ -- TrustArc, a leader in data privacy management and governance solutions, is proud to announce the first client to be certified under the newly...

News Image13 days ago - Market News VideoOversold Conditions For DoubleVerify Holdings (DV)
News Image17 days ago - DoubleVerifyDoubleVerify Expands AI-Powered Brand Safety and Suitability Capabilities for TikTok Advertisers
News Image18 days ago - DoubleVerifyDoubleVerify Announces 2024 Annual Virtual Meeting of Stockholders to be Held on May 23, 2024
News Image18 days ago - ChartmillNYSE:DV: a strong growth stock preparing for the next leg up?.

Is DOUBLEVERIFY HOLDINGS INC (NYSE:DV) on the Verge of a Major Breakout as a Strong Growth Stock?

News Image20 days ago - DoubleVerifyDoubleVerify to Announce First Quarter 2024 Financial Results on May 7, 2024
News Imagea month ago - Market News VideoDoubleVerify Holdings Breaks Above 200-Day Moving Average - Bullish for DV
News Image2 months ago - InvestorPlace7 Stocks Poised to Be the Next ‘Magnificent 7’

These stocks have the potential to become the next Magnificent 7 stocks, as they have delivered significant gains regardless of their sizes.

News Image2 months ago - DoubleVerifyDoubleVerify and NBCUniversal Expand Partnership to Launch First-of-its-Kind Program-Level Measurement Solution
News Image2 months ago - InvestorPlace7 Growth Stocks to Ride Your Next Profit Wave Higher

These growth stocks for profit wave offer significant upside potential as investors rotate into more under-the-radar names.

DV Links
Follow us for more