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NYSE:DV—Positioned as a High-Growth Stock, Ready for a Potential Breakout.

By Mill Chart

Last update: Nov 3, 2023

Growth investors are on the lookout for stocks displaying robust revenue and EPS growth. In this analysis, we'll assess whether DOUBLEVERIFY HOLDINGS INC (NYSE:DV) aligns with growth investing criteria, especially as it consolidates and signals a possible breakout. As always, investors should conduct their own research, but DOUBLEVERIFY HOLDINGS INC has surfaced on our radar for growth with base formation, warranting further examination.

Assessing Growth for NYSE:DV

ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NYSE:DV scores a 8 out of 10:

  • DV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.10% yearly.
  • Looking at the last year, DV shows a very strong growth in Revenue. The Revenue has grown by 27.10%.
  • DV shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 35.29% yearly.
  • Based on estimates for the next years, DV will show a very strong growth in Earnings Per Share. The EPS will grow by 56.66% on average per year.
  • DV is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.44% yearly.
  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

Understanding NYSE:DV's Health Score

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:DV, the assigned 8 for health provides valuable insights:

  • DV has an Altman-Z score of 20.01. This indicates that DV is financially healthy and has little risk of bankruptcy at the moment.
  • DV has a Altman-Z score of 20.01. This is amongst the best in the industry. DV outperforms 96.38% of its industry peers.
  • The Debt to FCF ratio of DV is 0.11, which is an excellent value as it means it would take DV, only 0.11 years of fcf income to pay off all of its debts.
  • DV has a Debt to FCF ratio of 0.11. This is amongst the best in the industry. DV outperforms 84.06% of its industry peers.
  • DV has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
  • DV's Debt to Equity ratio of 0.00 is fine compared to the rest of the industry. DV outperforms 64.86% of its industry peers.
  • A Current Ratio of 7.43 indicates that DV has no problem at all paying its short term obligations.
  • The Current ratio of DV (7.43) is better than 91.67% of its industry peers.
  • A Quick Ratio of 7.43 indicates that DV has no problem at all paying its short term obligations.
  • The Quick ratio of DV (7.43) is better than 91.67% of its industry peers.

Profitability Analysis for NYSE:DV

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:DV has achieved a 8:

  • DV has a Return On Assets of 4.93%. This is amongst the best in the industry. DV outperforms 85.14% of its industry peers.
  • DV's Return On Equity of 5.72% is amongst the best of the industry. DV outperforms 82.25% of its industry peers.
  • The Return On Invested Capital of DV (5.22%) is better than 82.25% of its industry peers.
  • The 3 year average ROIC (3.53%) for DV is below the current ROIC(5.22%), indicating increased profibility in the last year.
  • DV's Profit Margin of 10.64% is amongst the best of the industry. DV outperforms 86.23% of its industry peers.
  • The Operating Margin of DV (14.50%) is better than 86.59% of its industry peers.
  • DV has a better Gross Margin (81.62%) than 87.68% of its industry peers.

How do we evaluate the setup for NYSE:DV?

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NYSE:DV scores a 8 out of 10:

DV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.71, a Stop Loss order could be placed below this zone.

Our Strong Growth screener lists more Strong Growth stocks and is updated daily.

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

Our latest full technical report of DV contains the most current technical analsysis.

Disclaimer

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.

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