DoubleVerify (DV) Set to Announce Quarterly Earnings on Wednesday

DoubleVerify (NYSE:DV) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect DoubleVerify to post earnings of $0.07 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

DoubleVerify Stock Up 0.7 %

DoubleVerify stock opened at $17.17 on Monday. DoubleVerify has a 52-week low of $16.11 and a 52-week high of $43.00. The company has a market cap of $2.92 billion, a P/E ratio of 49.06, a P/E/G ratio of 2.28 and a beta of 0.90. The business has a 50-day simple moving average of $17.60 and a two-hundred day simple moving average of $19.76.

Wall Street Analysts Forecast Growth

DV has been the topic of several analyst reports. The Goldman Sachs Group dropped their price target on shares of DoubleVerify from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday, October 14th. JMP Securities lowered their target price on DoubleVerify from $34.00 to $33.00 and set a “market outperform” rating on the stock in a research report on Wednesday, October 23rd. Piper Sandler reduced their price target on DoubleVerify from $30.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday, October 23rd. Morgan Stanley lifted their price objective on DoubleVerify from $21.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 23rd. Finally, BMO Capital Markets decreased their target price on shares of DoubleVerify from $38.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.47.

Insider Buying and Selling at DoubleVerify

In other DoubleVerify news, CFO Nicola T. Allais sold 1,764 shares of DoubleVerify stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $17.28, for a total value of $30,481.92. Following the transaction, the chief financial officer now owns 81,598 shares in the company, valued at $1,410,013.44. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 7,056 shares of company stock valued at $119,634. 3.00% of the stock is currently owned by corporate insiders.

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.