Should you consider NASDAQ:DAVE for growth investing?

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if DAVE INC (NASDAQ:DAVE) is suited for growth investing. Investors should of course do their own research, but we spotted DAVE INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Looking into the growth metrics of DAVE INC

• DAVE INC showcases a robust Return on Equity (ROE) of 20.27%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• DAVE INC has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• With impressive 1-year revenue growth of 23.67%, DAVE INC showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• DAVE INC has demonstrated strong q2q revenue growth of 30.81%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• DAVE INC has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• With a favorable trend in its free cash flow (FCF) over the past year, DAVE INC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• The recent financial report of DAVE INC demonstrates a 136.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• The average next Quarter EPS Estimate for DAVE INC has experienced a 30.0% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• The quarterly earnings of DAVE INC have shown a 136.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• accelerating EPS growth for DAVE INC: the current Q2Q growth of 136.0% exceeds the previous year Q2Q growth of 54.17%.

How does the complete fundamental picture look for NASDAQ:DAVE?

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Overall DAVE gets a fundamental rating of 5 out of 10. We evaluated DAVE against 285 industry peers in the Software industry. While DAVE has a great health rating, there are worries on its profitability. DAVE has a decent growth rate and is not valued too expensively.

Check the latest full fundamental report of DAVE for a complete fundamental analysis.

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.