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NYSE:DV

DoubleVerify (DV) Stock Price, News & Analysis

$17.25
+0.48 (+2.86%)
(As of 10/4/2024 ET)

About DoubleVerify Stock (NYSE:DV)

Key Stats

Today's Range
$16.85
$17.26
50-Day Range
$16.76
$21.59
52-Week Range
$16.52
$43.00
Volume
2.17 million shs
Average Volume
2.39 million shs
Market Capitalization
$2.96 billion
P/E Ratio
45.40
Dividend Yield
N/A
Price Target
$31.18
Consensus Rating
Moderate Buy

Company Overview

DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments. It offers DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud-free, brand-suitable, viewability, and geography for each digital ad; DV Authentic Attention that provides actionable, and comprehensive data to drive campaign performance; and Custom Contextual solution, which allows advertisers to match their ads to relevant content to maximize user engagement and drive campaign performance. In addition, the company provides DV Publisher suite, a solution for digital publishers to manage revenue and increase inventory yield by improving video delivery, identifying lost or unfilled sales, and aggregate data across all inventory sources; and DV Pinnacle, a service and analytics platform user interface that allows its customers to adjust and deploy controls for their media plan and track campaign performance metrics across channels, formats, and devices. Further, it offers software solutions are integrated in the digital advertising ecosystem, including programmatic platforms, social media channels, and digital publishers. It serves brands, publishers, and other supply-side customers covering various industry verticals, including consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare. The company was founded in 2008 and is headquartered in New York, New York.

DoubleVerify Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

DV MarketRank™: 

DoubleVerify scored higher than 92% of companies evaluated by MarketBeat, and ranked 111th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    DoubleVerify has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 14 buy ratings, 5 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    DoubleVerify has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about DoubleVerify's stock forecast and price target.
  • Earnings Growth

    Earnings for DoubleVerify are expected to grow by 43.33% in the coming year, from $0.30 to $0.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of DoubleVerify is 45.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of DoubleVerify is 45.40, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 229.03.

  • Price to Earnings Growth Ratio

    DoubleVerify has a PEG Ratio of 2.32. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    DoubleVerify has a P/B Ratio of 2.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about DoubleVerify's valuation and earnings.
  • Percentage of Shares Shorted

    5.34% of the float of DoubleVerify has been sold short.
  • Short Interest Ratio / Days to Cover

    DoubleVerify has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in DoubleVerify has recently increased by 49.12%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    DoubleVerify does not currently pay a dividend.

  • Dividend Growth

    DoubleVerify does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of DoubleVerify is 94.74%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, DoubleVerify will have a dividend payout ratio of 83.72% in the coming year. This indicates that DoubleVerify may not be able to sustain their current dividend.

  • Read more about DoubleVerify's dividend.
  • Percentage of Shares Shorted

    5.34% of the float of DoubleVerify has been sold short.
  • Short Interest Ratio / Days to Cover

    DoubleVerify has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in DoubleVerify has recently increased by 49.12%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    DoubleVerify has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for DoubleVerify this week, compared to 7 articles on an average week.
  • Search Interest

    2 people have searched for DV on MarketBeat in the last 30 days.
  • MarketBeat Follows

    5 people have added DoubleVerify to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, DoubleVerify insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $135,316.00 in company stock.

  • Percentage Held by Insiders

    Only 3.00% of the stock of DoubleVerify is held by insiders.

  • Percentage Held by Institutions

    97.29% of the stock of DoubleVerify is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about DoubleVerify's insider trading history.
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DV Stock News Headlines

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DoubleVerify Holdings (DV) Gets a Buy from RBC Capital
See More Headlines

DV Stock Analysis - Frequently Asked Questions

DoubleVerify's stock was trading at $36.78 at the beginning of the year. Since then, DV shares have decreased by 53.1% and is now trading at $17.25.
View the best growth stocks for 2024 here
.

DoubleVerify Holdings, Inc. (NYSE:DV) posted its quarterly earnings data on Tuesday, July, 30th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. DoubleVerify's revenue for the quarter was up 16.6% compared to the same quarter last year.

DoubleVerify's Board of Directors approved a stock buyback plan on Thursday, May 16th 2024, which allows the company to buy back $150,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 4.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued.

DoubleVerify (DV) raised $339 million in an initial public offering on Wednesday, April 21st 2021. The company issued 13,300,000 shares at a price of $24.00-$27.00 per share. Goldman Sachs, J.P. Morgan, Barclays, RBC Capital Markets and Truist Securities served as the underwriters for the IPO and William Blair, KeyBanc Capital Markets, Canaccord Genuity, JMP Securities, Needham & Co., Loop Capital Markets and Capital One Securities were co-managers.

DoubleVerify's top institutional investors include Park Avenue Securities LLC (0.01%). Insiders that own company stock include Vii US Holdings L Providence, Mark Zagorski, Robert Davis Noell, Julie Eddleman, Laura Desmond, Nicola T Allais, Andrew E Grimmig and Matthew F Mclaughlin.
View institutional ownership trends
.

Shares of DV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
7/30/2024
Today
10/05/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Fax
N/A
Employees
800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.18
High Stock Price Target
$41.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+80.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
20 Analysts

Profitability

Net Income
$71.47 million
Pretax Margin
13.56%

Debt

Sales & Book Value

Annual Sales
$612.88 million
Cash Flow
$0.66 per share
Book Value
$6.32 per share

Miscellaneous

Free Float
166,642,000
Market Cap
$2.96 billion
Optionable
Not Optionable
Beta
0.90
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This page (NYSE:DV) was last updated on 10/6/2024 by MarketBeat.com Staff
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