DoubleVerify (NYSE:DV) Hits New 1-Year Low - What's Next?

Key Points

• DoubleVerify Holdings, Inc. (NYSE:DV) shares recently hit a 52-week low of $10.98, with a total trading volume of 250,385 shares.
• Multiple analysts have issued various stock ratings, with a consensus rating of "Moderate Buy" and an average target price of $19.13, despite some ratings indicating a sell stance.
• The company reported a 21.3% year-over-year revenue increase in its latest quarterly earnings, though it missed earnings per share estimates by $0.01.

DoubleVerify Holdings, Inc. (NYSE:DV - Get Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as $10.98 and last traded at $10.98, with a volume of 250385 shares traded. The stock had previously closed at $11.07.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on DV shares. BMO Capital Markets reiterated an "outperform" rating and set a $27.00 price objective (up previously from $26.00) on shares of DoubleVerify in a research note on Wednesday, August 6th. Morgan Stanley raised their price target on DoubleVerify from $17.00 to $18.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. Weiss Ratings reiterated a "sell (d+)" rating on shares of DoubleVerify in a research note on Wednesday, October 8th. JMP Securities reissued a "market outperform" rating and set a $20.00 price objective on shares of DoubleVerify in a research report on Tuesday, September 2nd. Finally, Craig Hallum reaffirmed a "buy" rating and issued a $20.00 target price on shares of DoubleVerify in a report on Monday, July 7th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, DoubleVerify presently has a consensus rating of "Moderate Buy" and a consensus target price of $19.13.

DoubleVerify Trading Down 0.2%

The stock has a 50-day simple moving average of $14.03 and a two-hundred day simple moving average of $14.07. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.41 and a current ratio of 4.41. The firm has a market cap of $1.81 billion, a PE ratio of 38.09, a price-to-earnings-growth ratio of 1.65 and a beta of 0.99.

DoubleVerify (NYSE:DV - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). The company had revenue of $189.02 million during the quarter, compared to the consensus estimate of $171.14 million. DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The business's revenue was up 21.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.04 earnings per share. DoubleVerify has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current year.

Insider Buying and Selling at DoubleVerify

In other DoubleVerify news, Director Lucy Stamell Dobrin sold 6,392 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total value of $92,747.92. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Andrew E. Grimmig sold 4,096 shares of the business's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total value of $53,207.04. Following the sale, the insider owned 96,301 shares of the company's stock, valued at approximately $1,250,949.99. This represents a 4.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On DoubleVerify

A number of institutional investors and hedge funds have recently made changes to their positions in DV. California State Teachers Retirement System raised its position in shares of DoubleVerify by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 133,120 shares of the company's stock valued at $1,993,000 after buying an additional 754 shares in the last quarter. Woodline Partners LP increased its stake in DoubleVerify by 2.5% during the first quarter. Woodline Partners LP now owns 30,825 shares of the company's stock worth $412,000 after acquiring an additional 762 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in DoubleVerify by 5.4% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 15,362 shares of the company's stock valued at $230,000 after purchasing an additional 785 shares during the period. Covestor Ltd lifted its stake in shares of DoubleVerify by 13.9% in the 1st quarter. Covestor Ltd now owns 7,291 shares of the company's stock valued at $97,000 after purchasing an additional 889 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of DoubleVerify by 3.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 34,628 shares of the company's stock valued at $518,000 after purchasing an additional 1,028 shares during the last quarter. Hedge funds and other institutional investors own 97.29% of the company's stock.

DoubleVerify Company Profile

DoubleVerify Holdings, Inc provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments.

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