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Stock impact report

DoubleVerify Q3: Too Cheap Amid Tempered Growth Expectations [Seeking Alpha]

DoubleVerify Holdings, Inc. (DV) 
US:NYSE Investor Relations: investors.adtalem.com
Company Research Source: Seeking Alpha
Q4 revenue guidance was trimmed, while management has set modest growth expectations for next year of 10%. Q3 Adjusted EBITDA exceeded the guidance range, and full-year margin expectations were raised by 100 basis points to 33%. I see DV generating $189 million in FCF next year, valuing the stock at just 6.9x FCF, with its close competitor IAS set to be acquired at 11x FCF. I am maintaining my Buy rating on the stock. champpixs/iStock via Getty Images Shares of DoubleVerify ( DV ) were initially down 30% following Q3 results , before recovering half its losses by the close. I was previously a shareholder in its main competitor Integral Ad Science ( This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of DV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business rel Show less Read more
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