Throughout the last three months, 15 analysts have evaluated DoubleVerify Hldgs DV, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 9 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 4 | 7 | 1 | 0 | 0 |
Analysts have set 12-month price targets for DoubleVerify Hldgs, revealing an average target of $42.27, a high estimate of $49.00, and a low estimate of $30.00. A 1.28% drop is evident in the current average compared to the previous average price target of $42.82.
Decoding Analyst Ratings: A Detailed Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive DoubleVerify Hldgs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Justin Patterson | Keybanc | Lowers | Overweight | $39.00 | $45.00 |
| Laura Martin | Needham | Maintains | Buy | $45.00 | - |
| Tim Nollen | Macquarie | Announces | Outperform | $40.00 | - |
| Brian Fitzgerald | Wells Fargo | Lowers | Overweight | $41.00 | $44.00 |
| Brian Pitz | BMO Capital | Lowers | Outperform | $42.00 | $44.00 |
| Andrew Boone | JMP Securities | Lowers | Market Outperform | $40.00 | $45.00 |
| Mark Murphy | JP Morgan | Lowers | Neutral | $30.00 | $32.00 |
| Omar Dessouky | B of A Securities | Lowers | Buy | $45.00 | $47.00 |
| Youssef Squali | Truist Securities | Lowers | Buy | $40.00 | $43.00 |
| Laura Martin | Needham | Maintains | Buy | $45.00 | - |
| Raimo Lenschow | Barclays | Lowers | Overweight | $40.00 | $43.00 |
| Justin Patterson | Keybanc | Lowers | Overweight | $45.00 | $48.00 |
| Laura Martin | Needham | Maintains | Buy | $45.00 | - |
| Matthew Swanson | RBC Capital | Raises | Outperform | $49.00 | $40.00 |
| Justin Patterson | Keybanc | Raises | Overweight | $48.00 | $40.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to DoubleVerify Hldgs. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of DoubleVerify Hldgs compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for DoubleVerify Hldgs's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of DoubleVerify Hldgs's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on DoubleVerify Hldgs analyst ratings.
Get to Know DoubleVerify Hldgs Better
DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The DV Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.
DoubleVerify Hldgs's Financial Performance
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: DoubleVerify Hldgs's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 28.88%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: DoubleVerify Hldgs's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 19.22% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 3.18%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): DoubleVerify Hldgs's ROA excels beyond industry benchmarks, reaching 2.74%. This signifies efficient management of assets and strong financial health.
Debt Management: DoubleVerify Hldgs's debt-to-equity ratio is below the industry average at 0.08, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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