Should you consider DAVE INC (NASDAQ:DAVE) for growth investing?

In this article we will dive into DAVE INC (NASDAQ:DAVE) as a possible candidate for growth investing. Investors should always do their own research, but we noticed DAVE INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Looking into the growth metrics of DAVE INC

• The Return on Equity(ROE) of DAVE INC is 20.27%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• DAVE INC has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
• The 1-year revenue growth of DAVE INC (23.67%) has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and expand its market share.
• DAVE INC has achieved 30.81% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• With positive growth in its operating margin over the past year, DAVE INC showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• DAVE INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• The EPS of DAVE INC has exhibited growth from one quarter to another (Q2Q), with a 136.0% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• Analysts' average next Quarter EPS Estimate for DAVE INC has witnessed a 30.0% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• 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 earnings per share (EPS) growth of DAVE INC are accelerating: the current Q2Q growth of 136.0% is above the previous year Q2Q growth of 54.17%. Earnings momentum and acceleration are key for high growth systems.

A complete fundamental analysis of NASDAQ:DAVE

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to DAVE. DAVE was compared to 284 industry peers in the Software industry. No worries on liquidiy or solvency for DAVE as it has an excellent financial health rating, but there are worries on the profitability. DAVE is not valued too expensively and it also shows a decent growth rate.

Our latest full fundamental report of DAVE contains the most current fundamental analsysis.

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

Keep in mind

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.