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
DAVE INC showcases a robust Return on Equity (ROE) of 26.47%, 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 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.
With notable 1-year revenue growth of 30.0%, DAVE INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
DAVE INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 40.56%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
DAVE INC has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
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 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
The average next Quarter EPS Estimate by analysts was adjusted by 91.13%, reflecting the evolving market expectations for the company's EPS growth.
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%.
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 53 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 expensive, but it does show an excellent growth.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.