Dave Inc (NASDAQ: DAVE) Just Learned Something New After This Week’s 7.51% Gain

Dave Inc (NASDAQ:DAVE)’s traded shares stood at 0.54 million during the last session, with the company’s beta value hitting 3.55. At the close of trading, the stock’s price was $103.01, to imply a decrease of -4.89% or -$5.3 in intraday trading. The DAVE share’s 52-week high remains $114.26, putting it -10.92% down since that peak but still an impressive 82.04% since price per share fell to its 52-week low of $18.50. The company has a valuation of $1.31B, with an average of 0.45 million shares in intraday trading volume over the past 10 days and average of 520.90K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Dave Inc (DAVE), translating to a mean rating of 1.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give DAVE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.07.

Dave Inc (NASDAQ:DAVE) trade information

After registering a -4.89% downside in the last session, Dave Inc (DAVE) has traded red over the past five days. The 5-day price performance for the stock is 7.51%, and 20.11% over 30 days. With these gigs, the year-to-date price performance is 18.52%. Short interest in Dave Inc (NASDAQ:DAVE) saw shorts transact 1.31 million shares and set a 2.85 days time to cover.

The extremes give us $36 and $120 for target low and target high price respectively. As such, DAVE has been trading -16.49% off suggested target high and 65.05% from its likely low.

Revenue forecast for the current quarter as set by 7 analysts is 95.27M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 90.28M.

DAVE Dividends

Dave Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Dave Inc (NASDAQ:DAVE)’s Major holders

Dave Inc insiders hold 16.70% of total outstanding shares, with institutional holders owning 57.21% of the shares at 68.68% float percentage. In total, 57.21% institutions holds shares in the company.

We also have Roxbury/Hood River Small Cap Growth Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Dave Inc (DAVE) shares. Going by data provided on Oct 31, 2024 , Roxbury/Hood River Small Cap Growth Fund holds roughly 324.24 shares. This is just over 2.88% of the total shares, with a market valuation of $33.4 million. Data from the same date shows that the other fund manager holds a little less at 253.73, or 2.26% of the shares, all valued at about 26.14 million.