NYSE:DV qualifies as a high growth stock and is consolidating.

In this article, we'll take a closer look at DOUBLEVERIFY HOLDINGS INC (NYSE:DV) as a potential candidate for growth investing. While it's important for investors to conduct their own research, DOUBLEVERIFY HOLDINGS INC has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

ChartMill's Evaluation of Growth

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NYSE:DV has achieved a 8 out of 10:

• The Earnings Per Share has grown by an nice 15.62% over the past year.
• DV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 83.14% yearly.
• DV shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.58%.
• 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 34.16% on average per year.
• Based on estimates for the next years, DV will show a quite strong growth in Revenue. The Revenue will grow by 14.37% on average per year.

How We Gauge Health for NYSE:DV

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:DV, the assigned 8 reflects its health status:

• An Altman-Z score of 12.57 indicates that DV is not in any danger for bankruptcy at the moment.
• With an excellent Altman-Z score value of 12.57, DV belongs to the best of the industry, outperforming 86.38% of the companies in the same industry.
• DV has a debt to FCF ratio of 0.03. This is a very positive value and a sign of high solvency as it would only need 0.03 years to pay back of all of its debts.
• DV's Debt to FCF ratio of 0.03 is amongst the best of the industry. DV outperforms 80.29% of its industry peers.
• A Debt/Equity ratio of 0.00 indicates that DV is not too dependend on debt financing.
• With a decent Debt to Equity ratio value of 0.00, DV is doing good in the industry, outperforming 67.03% of the companies in the same industry.
• A Current Ratio of 6.57 indicates that DV has no problem at all paying its short term obligations.
• DV has a better Current ratio (6.57) than 92.11% of its industry peers.
• DV has a Quick Ratio of 6.57. This indicates that DV is financially healthy and has no problem in meeting its short term obligations.
• Looking at the Quick ratio, with a value of 6.57, DV belongs to the top of the industry, outperforming 92.11% of the companies in the same industry.

Profitability Insights: NYSE:DV

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:DV scores a 8 out of 10:

• With a decent Return On Assets value of 5.02%, DV is doing good in the industry, outperforming 76.70% of the companies in the same industry.
• DV has a better Return On Equity (5.83%) than 73.48% of its industry peers.
• Looking at the Return On Invested Capital, with a value of 4.90%, DV is in the better half of the industry, outperforming 73.84% of the companies in the same industry.
• The 3 year average ROIC (4.10%) for DV is below the current ROIC(4.90%), indicating increased profibility in the last year.
• Looking at the Profit Margin, with a value of 10.33%, DV is in the better half of the industry, outperforming 77.06% of the companies in the same industry.
• DV's Profit Margin has improved in the last couple of years.
• DV has a better Operating Margin (12.74%) than 81.36% of its industry peers.
• In the last couple of years the Operating Margin of DV has grown nicely.
• The Gross Margin of DV (82.42%) is better than 87.46% of its industry peers.

How do we evaluate the setup for NYSE:DV?

In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the level of consolidation in the stock based on multiple short-term technical indicators. Currently, NYSE:DV has a 8 as its setup rating, indicating its current consolidation status.

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 resistance zone just above the current price starting at 20.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.56, a Stop Loss order could be placed below this zone.

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

Check the latest full fundamental report of DV for a complete fundamental analysis.

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

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.