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Why NYSE:DV Is a Promising High-Growth Stock in the Midst of Consolidation.

By Mill Chart

Last update: Jan 17, 2024

In this article, we'll take a closer look at DOUBLEVERIFY HOLDINGS INC (NYSE:DV) as a potential candidate for growth investing. While it's important for investors to conduct their own research, DOUBLEVERIFY HOLDINGS INC has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

Exploring NYSE:DV's Growth

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.
  • DV shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.83%.
  • The Revenue has been growing by 35.29% on average over the past years. This is a very strong growth!
  • 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 22.48% on average per year.
  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

Deciphering NYSE:DV's Health Rating

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:DV was assigned a score of 8 for health:

  • DV has an Altman-Z score of 23.98. This indicates that DV is financially healthy and has little risk of bankruptcy at the moment.
  • DV has a Altman-Z score of 23.98. This is amongst the best in the industry. DV outperforms 97.11% of its industry peers.
  • The Debt to FCF ratio of DV is 0.08, which is an excellent value as it means it would take DV, only 0.08 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of DV (0.08) is better than 85.56% of its industry peers.
  • A Debt/Equity ratio of 0.00 indicates that DV is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.00, DV is in the better half of the industry, outperforming 66.06% of the companies in the same industry.
  • A Current Ratio of 6.28 indicates that DV has no problem at all paying its short term obligations.
  • DV's Current ratio of 6.28 is amongst the best of the industry. DV outperforms 89.53% of its industry peers.
  • DV has a Quick Ratio of 6.28. This indicates that DV is financially healthy and has no problem in meeting its short term obligations.
  • DV's Quick ratio of 6.28 is amongst the best of the industry. DV outperforms 89.53% of its industry peers.

Profitability Assessment of NYSE:DV

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:DV has achieved a 8:

  • DV's Return On Assets of 4.80% is amongst the best of the industry. DV outperforms 83.75% of its industry peers.
  • Looking at the Return On Equity, with a value of 5.58%, DV belongs to the top of the industry, outperforming 80.14% of the companies in the same industry.
  • DV has a better Return On Invested Capital (5.07%) than 80.87% 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.
  • Looking at the Profit Margin, with a value of 10.56%, DV belongs to the top of the industry, outperforming 85.20% of the companies in the same industry.
  • DV's Operating Margin of 14.35% is amongst the best of the industry. DV outperforms 85.92% of its industry peers.
  • DV has a better Gross Margin (81.38%) than 88.09% of its industry peers.

How do we evaluate the setup for NYSE:DV?

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NYSE:DV is 7:

Besides having an excellent technical rating, DV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 36.12, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

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

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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DOUBLEVERIFY HOLDINGS INC

NYSE:DV (4/19/2024, 7:04:00 PM)

After market: 29.43 0 (0%)

29.43

-0.71 (-2.36%)

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