DoubleVerify (DV) Set to Announce Earnings on Wednesday

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

DoubleVerify Stock Up 2.0 %

DV opened at $17.52 on Tuesday. DoubleVerify has a twelve month low of $16.11 and a twelve month high of $43.00. The company has a 50-day moving average price of $17.56 and a 200 day moving average price of $19.67. The company has a market cap of $2.98 billion, a PE ratio of 50.06, a price-to-earnings-growth ratio of 2.28 and a beta of 0.90.

Analysts Set New Price Targets

DV has been the subject of several analyst reports. Barclays dropped their price target on shares of DoubleVerify from $27.00 to $23.00 and set an “overweight” rating for the company in a research note on Friday, October 11th. Piper Sandler lowered their price objective on shares of DoubleVerify from $30.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday, October 23rd. Wells Fargo & Company began coverage on shares of DoubleVerify in a research report on Monday, October 28th. They set an “underweight” rating and a $14.00 price objective for the company. Morgan Stanley increased their price objective on shares of DoubleVerify from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 23rd. Finally, The Goldman Sachs Group lowered their price objective on shares of DoubleVerify from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Monday, October 14th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $27.47.

Insider Activity at DoubleVerify

In related news, CFO Nicola T. Allais sold 1,764 shares of the company’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $16.92, for a total transaction of $29,846.88. Following the completion of the transaction, the chief financial officer now owns 81,598 shares of the company’s stock, valued at approximately $1,380,638.16. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 7,056 shares of company stock valued at $119,634. Company insiders own 3.00% of the company’s stock.

DoubleVerify Company Profile

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.