In last trading session, Dave Inc (NASDAQ:DAVE) saw 0.6 million shares changing hands with its beta currently measuring 3.48. Company’s recent per share price level of $70.80 trading at -$8.59 or -10.82% at ring of the bell on the day assigns it a market valuation of $927.06M. That closing price of DAVE’s stock is at a discount of -76.55% from its 52-week high price of $125.00 and is indicating a premium of 60.01% from its 52-week low price of $28.31. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.46 million shares which gives us an average trading volume of 470.74K if we extend that period to 3-months.
For Dave Inc (DAVE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.47 in the current quarter.
Dave Inc (NASDAQ:DAVE) trade information
Upright in the red during last session for losing -10.82%, in the last five days DAVE remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $70.80 price level, adding 19.02% to its value on the day. Dave Inc’s shares saw a change of -18.55% in year-to-date performance and have moved -16.26% in past 5-day. Dave Inc (NASDAQ:DAVE) showed a performance of -14.91% in past 30-days. Number of shares sold short was 1.0 million shares which calculate 1.57 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 90.5 to the stock, which implies a rise of 21.77% to its current value. Analysts have been projecting 36 as a low price target for the stock while placing it at a high target of 130. It follows that stock’s current price would jump 49.15% in reaching the projected high whereas dropping to the targeted low would mean a gain of 49.15% for stock’s current value.
Dave Inc (DAVE) estimates and forecasts
This year revenue growth is estimated to rise 21.54% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 93.29M for the same. And 7 analysts are in estimates of company making revenue of 99.94M in the next quarter. Company posted 73.63M and 80.1M of sales in current and next quarters respectively a year earlier.
Dave Inc (NASDAQ:DAVE)’s Major holders
Insiders are in possession of 14.81% of company’s total shares while institution are holding 79.42 percent of that, with stock having share float percentage of 93.22%. Investors also watch the number of corporate investors in a company very closely, which is 79.42% institutions for Dave Inc that are currently holding shares of the company. DIVISADERO STREET CAPITAL MANAGEMENT, LP is the top institutional holder at DAVE for having 0.62 million shares of worth $18.7 million. And as of 2024-06-30, it was holding 4.9715 of the company’s outstanding shares.
The second largest institutional holder is NVP ASSOCIATES, LLC, which was holding about 0.58 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.6927 of outstanding shares, having a total worth of $17.66 million.
On the other hand, Manager Directed Portfolios-Hood River Small-Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 504.7 shares of worth $35.73 million or 4.36% of the total outstanding shares. The later fund manager was in possession of 318.63 shares on Dec 31, 2024 , making its stake of worth around $22.56 million in the company or a holder of 2.75% of company’s stock.
