With 2.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.83 million shares. The 52-week range on DV shows that it touched its highest point at $23.11 and its lowest point at $11.52 during that stretch. It currently has a 1-year price target of $17.95. Beta for the stock currently stands at 1.05.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DV was up-trending over the past week, with a rise of 8.73%, but this was up by 16.87% over a month. Three-month performance dropped to -34.62% while six-month performance fell -25.51%. The stock lost -21.99% in the past year, while it has lost -23.53% so far this year. A look at the trailing 12-month EPS for DV yields 0.30 with Next year EPS estimates of 0.42. For the next quarter, that number is 0.05. This implies an EPS growth rate of -4.96% for this year and 37.65% for next year. EPS is expected to grow by 13.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.64%.
Float and Shares Shorts:
At present, 162.48 million DV shares are outstanding with a float of 136.23 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DV since 11 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.39011 being high and $0.34905 being low. For DV, this leads to a yearly average estimate of $0.36958. Based on analyst estimates, the high estimate for the next quarter is $0.31 and the low estimate is $0.22. The average estimate for the next quarter is thus $0.26.