DoubleVerify Holdings Inc (NYSE: DV) Surprised Bears, Looks Healthy Going Forward.

ZM Stock

In the last trading session, 2.62 million DoubleVerify Holdings Inc (NYSE:DV) shares changed hands as the company’s beta touched 1.00. With the company’s per share price at $14.50 changed hands at -$0.04 or -0.28% during last session, the market valuation stood at $2.41B. DV’s last price was a discount, traded about -145.31% off its 52-week high of $35.57. The share price had its 52-week low at $13.42, which suggests the last value was 7.45% up since then. When we look at DoubleVerify Holdings Inc’s average trading volume, we note the 10-day average is 3.11 million shares, with the 3-month average coming to 2.19 million.

Analysts gave the DoubleVerify Holdings Inc (DV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.23. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended DV as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. DoubleVerify Holdings Inc’s EPS for the current quarter is expected to be 0.15.

DoubleVerify Holdings Inc (NYSE:DV) trade information

Instantly DV was in red as seen at the end of in last trading. With action -3.14%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -24.52%, with the 5-day performance at -3.14% in the red. However, in the 30-day time frame, DoubleVerify Holdings Inc (NYSE:DV) is -35.76% down. Looking at the short shares, we see there were 7.33 million shares sold at short interest cover period of 3.72 days.

The consensus price target for the stock as assigned by Wall Street analysts is 19.5, meaning bulls need an upside of 25.64% from its current market value. According to analyst projections, DV’s forecast low is 16 with 22 as the target high. To hit the forecast high, the stock’s price needs a -51.72% plunge from its current level, while the stock would need to soar -10.34% for it to hit the projected low.

DoubleVerify Holdings Inc (DV) estimates and forecasts

Year-over-year growth is forecast to reach 10.40% up from the last financial year.

Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 153.09M. 17 analysts are of the opinion that DoubleVerify Holdings Inc’s revenue for the current quarter will be 170.21M. The company’s revenue for the corresponding quarters a year ago was 140.78M and 155.89M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.74%. The estimates for the next quarter sales put growth at 9.19%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 16.64%. The 2025 estimates are for DoubleVerify Holdings Inc earnings to increase by 5.33%, but the outlook for the next 5-year period is at 19.72% per year.

DV Dividends

DoubleVerify Holdings Inc is expected to release its next quarterly earnings report on 2025-Feb-26.

DoubleVerify Holdings Inc (NYSE:DV)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.63% of DoubleVerify Holdings Inc shares while 103.31% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 103.96%. There are 103.31% institutions holding the DoubleVerify Holdings Inc stock share, with PROVIDENCE EQUITY PARTNERS L.L.C. the top institutional holder. As of 2024-06-30, the company held 15.3185% of the shares, roughly 26.29 million DV shares worth $511.88 million.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 13.0307% or 22.36 million shares worth $435.43 million as of 2024-06-30.

Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund . With 9.03 shares estimated at $130.94 million under it, the former controlled 5.44% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.58% of the shares, roughly 4.29 shares worth around $62.16 million.