DoubleVerify Holdings Inc [NYSE: DV] stock went on an upward path that rose over 3.85% on Wednesday, amounting to a one-week price increase of more than 3.90%.
Over the last 12 months, DV stock dropped by -43.38%. The one-year DoubleVerify Holdings Inc stock forecast points to a potential upside of 12.84. The average equity rating for DV stock is currently 1.83, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $3.38 billion, with 170.63 million shares outstanding and 141.93 million shares in the current float. Compared to the average trading volume of 1.91M shares, DV stock reached a trading volume of 4049110 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on DoubleVerify Holdings Inc [DV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DV shares is $22.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DV stock is a recommendation set at 1.83. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for DoubleVerify Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 18, 2024. While these analysts kept the previous recommendation, Scotiabank raised their target price to Sector Outperform. The new note on the price target was released on December 05, 2024, representing the official price target for DoubleVerify Holdings Inc stock. Previously, the target price had yet another raise to $14, while Wells Fargo analysts kept a Underweight rating on DV stock. On June 25, 2024, analysts decreased their price target for DV shares from 40 to 21.
The Average True Range (ATR) for DoubleVerify Holdings Inc is set at 0.64, with the Price to Sales ratio for DV stock in the period of the last 12 months amounting to 5.29. The Price to Book ratio for the last quarter was 3.01, with the Price to Cash per share for the same quarter was set at 2.14. Price to Free Cash Flow for DV in the course of the last twelve months was 22.53 with Quick ratio for the last quarter at 6.57.
DV Stock Performance Analysis:
DoubleVerify Holdings Inc [DV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.90. With this latest performance, DV shares dropped by -3.43% in over the last four-week period, additionally plugging by 0.15% over the last 6 months – not to mention a drop of -43.38% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DV stock in for the last two-week period is set at 53.90, with the RSI for the last a single of trading hit 56.48, and the three-weeks RSI is set at 53.62 for DoubleVerify Holdings Inc [DV]. The present Moving Average for the last 50 days of trading for this stock 19.60, while it was recorded at 19.50 for the last single week of trading, and 20.90 for the last 200 days.
Insight into DoubleVerify Holdings Inc Fundamentals:
DoubleVerify Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.57 and a Current Ratio set at 6.57.
DV Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DoubleVerify Holdings Inc go to 17.15%.
DoubleVerify Holdings Inc [DV] Institutonal Ownership Details
There are presently around $101.45%, or 102.07%% of DV stock, in the hands of institutional investors. The top three institutional holders of DV stocks are: PROVIDENCE EQUITY PARTNERS L.L.C. with ownership of 26.29 million shares, which is approximately 15.3185%. BLACKROCK INC., holding 22.36 million shares of the stock with an approximate value of $$435.43 million in DV stocks shares; and BLACKROCK INC., currently with $$327.47 million in DV stock with ownership which is approximately 9.7998%.
