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DoubleVerify (DV) Stock Price, News & Analysis

$18.78
+0.08 (+0.43%)
(As of 06/17/2024 ET)
Today's Range
$18.63
$19.24
50-Day Range
$17.58
$33.28
52-Week Range
$17.50
$43.00
Volume
3.99 million shs
Average Volume
2.34 million shs
Market Capitalization
$3.23 billion
P/E Ratio
49.42
Dividend Yield
N/A
Price Target
$35.05

DoubleVerify MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
86.6% Upside
$35.05 Price Target
Short Interest
Healthy
4.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions of DoubleVerify in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$3.04 M Sold Last Quarter
Proj. Earnings Growth
33.33%
From $0.33 to $0.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.36 out of 5 stars

Computer And Technology Sector

104th out of 585 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

6th out of 57 stocks

DV stock logo

About DoubleVerify Stock (NYSE:DV)

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. It offers DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud-free, brand-suitable, viewability, and geography for each digital ad; DV Authentic Attention that provides actionable, and comprehensive data to drive campaign performance; and Custom Contextual solution, which allows advertisers to match their ads to relevant content to maximize user engagement and drive campaign performance. In addition, the company provides DV Publisher suite, a solution for digital publishers to manage revenue and increase inventory yield by improving video delivery, identifying lost or unfilled sales, and aggregate data across all inventory sources; and DV Pinnacle, a service and analytics platform user interface that allows its customers to adjust and deploy controls for their media plan and track campaign performance metrics across channels, formats, and devices. Further, it offers software solutions are integrated in the digital advertising ecosystem, including programmatic platforms, social media channels, and digital publishers. It serves brands, publishers, and other supply-side customers covering various industry verticals, including consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare. The company was founded in 2008 and is headquartered in New York, New York.

DV Stock Price History

DV Stock News Headlines

Truist Financial Remains a Buy on DoubleVerify Holdings (DV)
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Company Calendar

Last Earnings
5/07/2024
Today
6/17/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
1,101
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$35.05
High Stock Price Target
$50.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+86.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
21 Analysts

Profitability

Net Income
$71.47 million
Pretax Margin
14.75%

Debt

Sales & Book Value

Annual Sales
$572.54 million
Cash Flow
$0.67 per share
Book Value
$6.32 per share

Miscellaneous

Free Float
166,642,000
Market Cap
$3.23 billion
Optionable
Not Optionable
Beta
0.93
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DV Stock Analysis - Frequently Asked Questions

Should I buy or sell DoubleVerify stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DoubleVerify in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DV shares.
View DV analyst ratings
or view top-rated stocks.

What is DoubleVerify's stock price target for 2024?

21 Wall Street research analysts have issued 12 month price objectives for DoubleVerify's shares. Their DV share price targets range from $18.00 to $50.00. On average, they expect the company's share price to reach $35.05 in the next year. This suggests a possible upside of 86.6% from the stock's current price.
View analysts price targets for DV
or view top-rated stocks among Wall Street analysts.

How have DV shares performed in 2024?

DoubleVerify's stock was trading at $36.78 at the start of the year. Since then, DV shares have decreased by 48.9% and is now trading at $18.78.
View the best growth stocks for 2024 here
.

Are investors shorting DoubleVerify?

DoubleVerify saw a increase in short interest in May. As of May 31st, there was short interest totaling 5,910,000 shares, an increase of 27.9% from the May 15th total of 4,620,000 shares. Based on an average daily volume of 2,670,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 4.2% of the shares of the company are sold short.
View DoubleVerify's Short Interest
.

When is DoubleVerify's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our DV earnings forecast
.

How were DoubleVerify's earnings last quarter?

DoubleVerify Holdings, Inc. (NYSE:DV) issued its quarterly earnings results on Tuesday, May, 7th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. The company earned $140.70 million during the quarter, compared to the consensus estimate of $138.25 million. DoubleVerify had a net margin of 11.25% and a trailing twelve-month return on equity of 6.46%. The company's revenue was up 14.8% on a year-over-year basis. During the same quarter last year, the business earned $0.07 earnings per share.

How will DoubleVerify's stock buyback program work?

DoubleVerify declared that its Board of Directors has initiated a share repurchase plan on Thursday, May 16th 2024, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

What guidance has DoubleVerify issued on next quarter's earnings?

DoubleVerify updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $152.0 million-$156.0 million, compared to the consensus revenue estimate of $158.5 million.

When did DoubleVerify IPO?

DoubleVerify (DV) raised $339 million in an initial public offering on Wednesday, April 21st 2021. The company issued 13,300,000 shares at $24.00-$27.00 per share. Goldman Sachs, J.P. Morgan, Barclays, RBC Capital Markets and Truist Securities served as the underwriters for the IPO and William Blair, KeyBanc Capital Markets, Canaccord Genuity, JMP Securities, Needham & Co., Loop Capital Markets and Capital One Securities were co-managers.

Who are DoubleVerify's major shareholders?

DoubleVerify's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.16%), Capital World Investors (2.73%), Congress Asset Management Co. MA (2.35%), Bank of New York Mellon Corp (2.16%), Geneva Capital Management LLC (1.60%) and Riverbridge Partners LLC (1.45%). Insiders that own company stock include Andrew E Grimmig, Julie Eddleman, Laura Desmond, Mark Zagorski, Matthew F Mclaughlin, Nicola T Allais, Robert Davis Noell and Vii US Holdings L Providence.
View institutional ownership trends
.

How do I buy shares of DoubleVerify?

Shares of DV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DV) was last updated on 6/17/2024 by MarketBeat.com Staff

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