Is NASDAQ:DAVE a Fit for Growth Investing Strategies?

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.

Key Considerations for Growth Investors.

• The Return on Equity(ROE) of DAVE INC is 26.47%, 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 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 30.0%, 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 achieved 40.56% 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.
• The free cash flow (FCF) of DAVE INC has seen steady growth over the past year, indicating enhanced cash flow generation and financial health. This trend underscores the company's effective capital management and its ability to generate sustainable cash flows.
• 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.
• The average next Quarter EPS Estimate for DAVE INC has experienced a 183.0% change in the last 3 months, reflecting evolving expectations by analysts regarding the company's EPS performance.
• The recent financial report of DAVE INC demonstrates a 103.0% 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 103.0% is above the previous year Q2Q growth of 60.55%. Earnings momentum and acceleration are key for high growth systems.

What is the full fundamental picture of NASDAQ:DAVE telling us.

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

Taking everything into account, DAVE scores 5 out of 10 in our fundamental rating. 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 showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!

For an up to date full fundamental analysis you can check the fundamental report of DAVE

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.