DoubleVerify (DV) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $19.30 to $20.19
• 50-Day Range: $16.21 to $21.06
• 52-Week Range: $16.11 to $43.00
• Volume: 4.00 million shs
• Average Volume: 2.30 million shs
• Market Capitalization: $3.38 billion
• P/E Ratio: 53.95
• Dividend Yield: N/A
• Price Target: $24.11
• Consensus Rating: Moderate Buy

DoubleVerify Stock Analysis - MarketRank™

DoubleVerify scored higher than 85% of companies evaluated by MarketBeat, and ranked 140th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

DoubleVerify has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 14 buy ratings, 5 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

DoubleVerify has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 33.33%

Earnings Growth

Earnings for DoubleVerify are expected to grow by 33.33% in the coming year, from $0.36 to $0.48 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DoubleVerify is 53.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of DoubleVerify is 53.95, 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 238.12.

Price to Earnings Growth Ratio

DoubleVerify has a PEG Ratio of 3.29. 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 3.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.65% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DoubleVerify has recently decreased by 13.50%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

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 97.30%. 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 75.00% in the coming year. This indicates that DoubleVerify may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.65% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DoubleVerify has recently decreased by 13.50%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.35

News Sentiment

DoubleVerify has a news sentiment score of 0.35. 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 lower news sentiment than the 0.65 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 8 articles on an average week.

Search Interest

14 people have searched for DV on MarketBeat in the last 30 days. This is an increase of 1,300% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added DoubleVerify to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $197,920.00 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.

DV Stock Analysis - Frequently Asked Questions

How have DV shares performed this year?

DoubleVerify's stock was trading at $36.78 at the beginning of the year. Since then, DV stock has decreased by 45.7% and is now trading at $19.96.
View the best growth stocks for 2024 here.

How were DoubleVerify's earnings last quarter?

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

How will DoubleVerify's stock buyback program work?

DoubleVerify's board authorized a share repurchase plan on Wednesday, November 6th 2024, which authorizes the company to buy back $200,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

When did DoubleVerify IPO?

DoubleVerify (DV) raised $339 million in an IPO 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.

Who are DoubleVerify's major shareholders?

Top institutional shareholders of DoubleVerify include State Street Corp (2.70%), Assenagon Asset Management S.A. (2.40%), Geneva Capital Management LLC (1.50%) and Geode Capital Management LLC (1.36%). 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.

How do I buy shares of DoubleVerify?

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.

What other stocks do shareholders of DoubleVerify own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DoubleVerify investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Humana (HUM), Adobe (ADBE), Arista Networks (ANET) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 7/30/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NYSE:DV
• CUSIP: N/A
• CIK: 1819928
• Web: www.doubleverify.com
• Phone: 212-631-2111
• Fax: N/A
• Employees: 800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.11
• High Stock Price Target: $39.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +20.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 21 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.37
• Trailing P/E Ratio: 53.95
• Forward P/E Ratio: 55.44
• P/E Growth: 3.29
• Net Income: $71.47 million
• Net Margins: 10.33%
• Pretax Margin: 14.59%
• Return on Equity: 5.99%
• Return on Assets: 5.18%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.57
• Quick Ratio: 6.57

Sales & Book Value

• Annual Sales: $638.46 million
• Price / Sales: 5.29
• Cash Flow: $0.64 per share
• Price / Cash Flow: 31.34
• Book Value: $6.32 per share
• Price / Book: 3.16

Miscellaneous

• Outstanding Shares: 169,165,000
• Free Float: 164,090,000
• Market Cap: $3.38 billion
• Optionable: Not Optionable
• Beta: 0.97