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NYSE:DV: a strong growth stock preparing for the next leg up?.

By Mill Chart

Last update: Apr 10, 2024

Exploring Growth Potential: DOUBLEVERIFY HOLDINGS INC (NYSE:DV) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and DOUBLEVERIFY HOLDINGS INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected DOUBLEVERIFY HOLDINGS INC on our screen for growth with base formation, suggesting it merits a closer look.

Growth Analysis for NYSE:DV

ChartMill assigns a proprietary Growth Rating to each stock. The score is computed by evaluating various growth aspects, like EPS and revenue growth. We take into account the history as well as the estimated future numbers. NYSE:DV was assigned a score of 9 for growth:

  • DV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 64.00%, which is quite impressive.
  • DV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 83.14% yearly.
  • The Revenue has grown by 26.55% in the past year. This is a very strong growth!
  • DV shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 40.57% yearly.
  • Based on estimates for the next years, DV will show a very strong growth in Earnings Per Share. The EPS will grow by 47.93% on average per year.
  • DV is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.12% yearly.

What does the Health looks like for NYSE:DV

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:DV has earned a 8 out of 10:

  • An Altman-Z score of 21.57 indicates that DV is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 21.57, DV belongs to the best of the industry, outperforming 96.39% of the companies in the same industry.
  • The Debt to FCF ratio of DV is 0.06, which is an excellent value as it means it would take DV, only 0.06 years of fcf income to pay off all of its debts.
  • DV has a Debt to FCF ratio of 0.06. This is amongst the best in the industry. DV outperforms 83.39% 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 66.79% of its industry peers.
  • DV has a Current Ratio of 6.36. This indicates that DV is financially healthy and has no problem in meeting its short term obligations.
  • DV has a better Current ratio (6.36) than 92.06% of its industry peers.
  • A Quick Ratio of 6.36 indicates that DV has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 6.36, DV belongs to the top of the industry, outperforming 92.06% of the companies in the same industry.

Profitability Assessment of NYSE:DV

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:DV, the assigned 8 is noteworthy for profitability:

  • DV has a better Return On Assets (5.74%) than 81.95% of its industry peers.
  • DV's Return On Equity of 6.65% is fine compared to the rest of the industry. DV outperforms 78.70% of its industry peers.
  • DV's Return On Invested Capital of 5.45% is amongst the best of the industry. DV outperforms 81.59% of its industry peers.
  • The 3 year average ROIC (4.10%) for DV is below the current ROIC(5.45%), indicating increased profibility in the last year.
  • DV's Profit Margin of 12.47% is amongst the best of the industry. DV outperforms 84.84% of its industry peers.
  • DV's Profit Margin has improved in the last couple of years.
  • DV's Operating Margin of 14.96% is amongst the best of the industry. DV outperforms 85.56% of its industry peers.
  • DV's Operating Margin has improved in the last couple of years.
  • With an excellent Gross Margin value of 81.38%, DV belongs to the best of the industry, outperforming 88.09% of the companies in the same industry.

How do we evaluate the setup for NYSE:DV?

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NYSE:DV is 8:

Although the technical rating is bad, DV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.01. Right above this resistance zone may be a good entry point.

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

This article should in no way be interpreted as advice in any way. 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.

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