Why DAVE INC (NASDAQ:DAVE) qualifies as a high growth stock.

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

• With a favorable Return on Equity (ROE) of 26.47%, DAVE INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• 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.
• The 1-year revenue growth of DAVE INC (30.0%) 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 40.56% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• With a favorable trend in its operating margin over the past year, DAVE INC demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• With positive growth in its free cash flow (FCF) over the past year, DAVE INC showcases its ability to generate strong cash flows and maintain a solid financial position. This growth reflects the company's efficient utilization of capital and its commitment to long-term value creation.
• DAVE INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 103.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• Over the past 3 months, analysts have adjusted their EPS Estimate for DAVE INC with a 91.13% change. This highlights the evolving outlook on the company's EPS potential.
• In the most recent financial report, DAVE INC reported a 103.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• accelerating EPS growth for DAVE INC: the current Q2Q growth of 103.0% exceeds the previous year Q2Q growth of 60.55%.

What else is there to say on the fundamentals of NASDAQ:DAVE?

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to DAVE. DAVE was compared to 52 industry peers in the Consumer Finance 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 shows excellent growth, but is valued quite expensive already.

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

More growth stocks can be found in our Lois Navellier screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.