Why the growth investor may take a look at NASDAQ:DAVE.

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.

Exploring Why NASDAQ:DAVE Holds Promise for Growth Investors.

• The Return on Equity (ROE) of DAVE INC stands at 26.47%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• DAVE INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive 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.
• The quarter-to-quarter (Q2Q) revenue growth of 40.56% of DAVE INC 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 drive revenue growth.
• The operating margin of DAVE INC has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• DAVE INC has experienced notable growth in its free cash flow (FCF) over the past year, signaling improved cash generation and strong financial performance. This growth suggests the company's ability to generate excess cash for reinvestment or shareholder returns.
• The EPS of DAVE INC has exhibited growth from one quarter to another (Q2Q), with a 103.0% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• DAVE INC has seen a 91.13% change in the average next Quarter EPS Estimate by analysts over the last 3 months, signaling the shifting perception of the company's EPS outlook.
• The quarterly earnings of DAVE INC have shown a 103.0% 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 103.0% exceeds the previous year Q2Q growth of 60.55%.

A complete fundamental analysis of NASDAQ:DAVE

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of 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 is valued quite expensively, but it does show have an excellent growth rating.

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

Our Lois Navellier screen will find you more ideas suited for growth investing.

Disclaimer

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.