DoubleVerify Holdings Inc. (NYSE: DV) is -31.40% lower on its value in year-to-date trading and has touched a low of $17.22 and a high of $40.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DV stock was last observed hovering at around $22.57 in the last trading session, with the day’s gains setting it 0.26% off its average median price target of $30.00 for the next 12 months. It is also 45.64% off the consensus price target high of $42.00 offered by 13 analysts, but current levels are -8.71% lower than the price target low of $21.00 for the same period.
Currently trading at $22.83, the stock is 0.02% and 2.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.39 million and changing 1.15% at the moment leaves the stock -16.77% off its SMA200. DV registered -39.87% loss for a year compared to 6-month loss of -17.34%. The firm has a 50-day simple moving average (SMA 50) of $10.72 and a 200-day simple moving average (SMA200) of $72.85.
The stock witnessed a 3.77% gain in the last 1 month and extending the period to 3 months gives it a -6.32%, and is -3.87% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.44% over the week and 5.75% over the month.
DoubleVerify Holdings Inc. (DV) has around 316 employees, a market worth around $3.74B and $361.90M in sales. Current P/E ratio is 155.31 and Fwd P/E is 64.49. Profit margin for the company is 7.80%. Distance from 52-week low is 32.58% and -44.03% from its 52-week high. The company has generated returns on investments over the last 12 months (3.80%).
DoubleVerify Holdings Inc. (DV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for DoubleVerify Holdings Inc. (DV) is a “Buy”. 13 analysts offering their recommendations for the stock have an average rating of 2.00, where 3 rate it as a Hold and 0 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
DoubleVerify Holdings Inc. is expected to release its quarterly report on 11/08/2022.The EPS is expected to grow by 38.90% this year.
DoubleVerify Holdings Inc. (DV) Top Institutional Holders
The shares outstanding are 162.61M, and float is at 162.43M with Short Float at 1.87%.
DoubleVerify Holdings Inc. (DV) Insider Activity
A total of 70 insider transactions have happened at DoubleVerify Holdings Inc. (DV) in the last six months, with sales accounting for 42 and purchases happening 28 times. The most recent transaction is an insider sale by Desmond Laura,the company’sDirector. SEC filings show that Desmond Laura sold 14,570 shares of the company’s common stock on Jun 08 at a price of $22.81 per share for a total of $0.33 million. Following the sale, the insider now owns 0.18 million shares.
DoubleVerify Holdings Inc. disclosed in a document filed with the SEC on May 25 that Desmond Laura (Director) sold a total of 11,403 shares of the company’s common stock. The trade occurred on May 25 and was made at $22.18 per share for $0.25 million. Following the transaction, the insider now directly holds 0.18 million shares of the DV stock.
Still, SEC filings show that on May 24, Desmond Laura (Director) disposed off 11,403 shares at an average price of $21.10 for $0.24 million. The insider now directly holds 179,071 shares of DoubleVerify Holdings Inc. (DV).