DoubleVerify (NYSE:DV – Get Free Report) will be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect DoubleVerify to post earnings of $0.03 per share for the quarter. DoubleVerify has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.
DoubleVerify (NYSE:DV – Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.06. DoubleVerify had a net margin of 12.48% and a return on equity of 7.29%. The business had revenue of $172.23 million during the quarter, compared to analyst estimates of $171.85 million. On average, analysts expect DoubleVerify to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
DoubleVerify Stock Performance
Shares of NYSE DV opened at $30.37 on Friday. The firm’s 50 day moving average price is $32.50 and its 200 day moving average price is $34.23. The firm has a market cap of $5.21 billion, a P/E ratio of 74.07, a price-to-earnings-growth ratio of 3.24 and a beta of 1.11. DoubleVerify has a 1 year low of $26.23 and a 1 year high of $43.00.
Insider Buying and Selling
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on DV shares. Barclays lowered their price objective on DoubleVerify from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Thursday, February 29th. Macquarie raised shares of DoubleVerify from a “neutral” rating to an “outperform” rating and set a $40.00 price objective for the company in a research note on Monday, March 11th. Wells Fargo & Company cut their price objective on shares of DoubleVerify from $44.00 to $41.00 and set an “overweight” rating on the stock in a report on Friday, March 1st. Truist Financial lowered their target price on shares of DoubleVerify from $43.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, February 29th. Finally, JPMorgan Chase & Co. cut their price target on shares of DoubleVerify from $32.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday, February 29th. One equities research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $42.50.
Read Our Latest Stock Report on DoubleVerify
About DoubleVerify
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.
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