Dave Inc Stock Today

DAVE Stock  USD 86.26  3.84  4.66%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 11

 
High
 
Low
Low
Dave is trading at 86.26 as of the 25th of November 2024, a 4.66 percent increase since the beginning of the trading day. The stock's lowest day price was 83.0. Dave has less than a 11 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Dave Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
26th of April 2021
Category
Technology
Classification
Information Technology
Dave Inc. provides a suite of financial products and services through its financial service online platform. The company was founded in 2015 and is based in West Hollywood, California. Dave is traded on NASDAQ Exchange in the United States. The company has 11.19 M outstanding shares of which 1.86 M shares are currently shorted by private and institutional investors with about 5.7 trading days to cover. More on Dave Inc

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Dave Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.170.8812
Significantly Up
Pretty Stable
Gross Profit Margin0.850.522
Way Up
Pretty Stable
Total Current Liabilities36.2 M25.6 M
Significantly Up
Slightly volatile
Non Current Liabilities Total190.4 M181.4 M
Sufficiently Up
Slightly volatile
Total Assets199.4 M294 M
Way Down
Slightly volatile
Total Current Assets179.8 M276.9 M
Way Down
Slightly volatile
Debt Levels
Dave can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dave's financial leverage. It provides some insight into what part of Dave's total assets is financed by creditors.
Liquidity
Dave Inc currently holds 181.29 M in liabilities with Debt to Equity (D/E) ratio of 1.36, which is about average as compared to similar companies. Dave Inc has a current ratio of 5.0, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Dave's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(3.1 Million)
Dave Inc (DAVE) is traded on NASDAQ Exchange in USA. It is located in 1265 South Cochran Avenue, Los Angeles, CA, United States, 90019 and employs 285 people. Dave is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.1 B. Dave Inc conducts business under Software sector and is part of Information Technology industry. The entity has 11.19 M outstanding shares of which 1.86 M shares are currently shorted by private and institutional investors with about 5.7 trading days to cover. Dave Inc currently holds about 223.88 M in cash with 33.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.59.
Check Dave Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Dave Inc is $1.1 Billion. Over half of Dave's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Dave Ownership Details

Dave Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
163.7 K
Citadel Advisors Llc2024-09-30
142.7 K
Millennium Management Llc2024-06-30
132.3 K
D. E. Shaw & Co Lp2024-09-30
118.4 K
Nuveen Asset Management, Llc2024-06-30
86.3 K
Trexquant Investment Lp2024-06-30
80.6 K
Boothbay Fund Management, Llc2024-09-30
76.2 K
Charles Schwab Investment Management Inc2024-09-30
64.4 K
Northern Trust Corp2024-09-30
60.8 K
Nvp Associates Llc2024-06-30
582.7 K
Blackrock Inc2024-06-30
508.7 K
View Dave Diagnostics

Dave Historical Income Statement

At present, Dave's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 12.4 M, whereas Depreciation And Amortization is forecasted to decline to about 3.9 M. View More Fundamentals

Dave Stock Against Markets

Dave Corporate Management

When determining whether Dave Inc is a strong investment it is important to analyze Dave's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dave's future performance. For an informed investment choice regarding Dave Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dave Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dave. If investors know Dave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
3.05
Revenue Per Share
25.882
Quarterly Revenue Growth
0.405
Return On Assets
0.034
Return On Equity
0.351
The market value of Dave Inc is measured differently than its book value, which is the value of Dave that is recorded on the company's balance sheet. Investors also form their own opinion of Dave's value that differs from its market value or its book value, called intrinsic value, which is Dave's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dave's market value can be influenced by many factors that don't directly affect Dave's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dave's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.