Dave Stock Quote Today

DAVE
 Stock
  

USD 0.67  0.19  22.09%   

Market Performance
0 of 100
Odds Of Distress
Less than 30
Dave is trading at 0.67 as of the 15th of August 2022, a -22.09 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.6. Dave has about a 30 percent probability of financial distress in the next few years of operation and has generated negative returns over 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 16th of June 2022 and ending today, the 15th of August 2022. Please note, there could be an existing legal relationship between Dave Inc (DAVE) and DAVE INC (VPCC.WS). Click here to learn more.
Fiscal Year End
December
IPO Date
26th of April 2021
Category
Technology
ISIN
US23834J1025
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 operates under Software - Application classification in the United States and is traded on NASDAQ Exchange.. The company has 323.55 M outstanding shares of which 5.46 M shares are currently shorted by private and institutional investors with about 2.85 trading days to cover. More on Dave Inc

Moving together with Dave

0.77AVYAAvaya Holdings Corp Fiscal Year End 28th of November 2022 PairCorr

Dave Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Dave's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dave or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Dave Inc generated a negative expected return over the last 90 days
Dave Inc has high historical volatility and very poor performance
Dave Inc has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 161.14 M. Net Loss for the year was (54.83 M) with profit before overhead, payroll, taxes, and interest of 129.55 M.
Dave Inc currently holds about 301.83 M in cash with (80.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Dave Inc has a frail financial position based on the latest SEC disclosures
Roughly 41.0% of the company shares are held by company insiders
Latest headline from www.startribune.com: Biggest name in Minnesota barbecue, Famous Daves, is bought by Canadian firm for 200M - Star Tribune
New SymbolBBQ
Related EntityVPCC.WS (DAVE INC)
CEO, COOMichael Lister
Fama & French Classification
Average Analyst Recommendation
Analysts covering Dave report their recommendations after researching Dave's financial statements, talking to executives and customers, or listening in on Dave's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dave Inc. The Dave consensus assessment is calculated by taking the average forecast from all of the analysts covering Dave.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Dave Inc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Dave Inc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares104.9 M100.8 M
Sufficiently Up
Increasing
Slightly volatile
Weighted Average Shares Diluted114.8 M100.8 M
Fairly Up
Decreasing
Slightly volatile
Total Assets133.6 M147.2 M
Moderately Down
Increasing
Slightly volatile
Total Liabilities117 M108.4 M
Significantly Up
Increasing
Slightly volatile
Current Assets97.5 M100.2 M
Fairly Down
Increasing
Slightly volatile
Current Liabilities55.9 M68.6 M
Significantly Down
Increasing
Slightly volatile
Total Debt79.4 M73.6 M
Significantly Up
Increasing
Slightly volatile
Gross Margin0.680.636
Notably Up
Increasing
Slightly volatile
Asset Turnover0.920.772
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Dave's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Financial Strength
Dave's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dave's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Dave's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Dave deploys its capital and how much of that capital is borrowed.
Liquidity
Dave cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 157.38 M in liabilities with Debt to Equity (D/E) ratio of 0.9, which is about average as compared to similar companies. Dave Inc has a current ratio of 6.25, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Dave until it has trouble settling it off, either with new capital or with free cash flow. So, Dave's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dave Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dave to invest in growth at high rates of return. When we think about Dave's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(41.78 Million)
Dave Inc (DAVE) is traded on NASDAQ Exchange in USA. It is located in 750 North San Vicente Boulevard 900W and employs 225 people. Dave is listed under Banking category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dave's market, we take the total number of its shares issued and multiply it by Dave's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Dave Inc conducts business under Technology sector and is part of Software—Application industry. The entity has 323.55 M outstanding shares of which 5.46 M shares are currently shorted by private and institutional investors with about 2.85 trading days to cover. Dave Inc currently holds about 301.83 M in cash with (80.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Dave Probability Of Bankruptcy
Ownership
Dave holds a total of three hundred twenty-three million five hundred fifty thousand outstanding shares. Dave Inc retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Dave Ownership Details

Dave Stock Price Odds Analysis

What are Dave's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Dave jumping above the current price in 90 days from now is about 77.34%. The Dave Inc probability density function shows the probability of Dave stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.3089 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Dave will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Dave Inc is significantly underperforming DOW.
  Odds Below 0.67HorizonTargetOdds Above 0.67
22.62%90 days
 0.67 
77.34%
Based on a normal probability distribution, the odds of Dave to move above the current price in 90 days from now is about 77.34 (This Dave Inc probability density function shows the probability of Dave Stock to fall within a particular range of prices over 90 days) .

Dave Historical Income Statement

Dave Inc Income Statement is one of the three primary financial statements used for reporting Dave's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dave Inc revenue and expense. Dave Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current year Direct Expenses is expected to grow to about 82.5 M View More Fundamentals

Dave Stock Against Markets

Picking the right benchmark for Dave stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dave stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dave is critical whether you are bullish or bearish towards Dave Inc at a given time.

Similar Equity Warning - DAVE

Dave Inc was forked

The entity Dave Inc with a symbol DAVE was recently forked. You can potentially use Bbq Holdings with a symbol BBQ from now on.

Dave Corporate Directors

Dave corporate directors refer to members of a Dave board of directors. The board of directors generally takes responsibility for the Dave's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dave's board members must vote for the resolution. The Dave board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Glaser - Director of MarketingProfile
Jeffery Crivello - DirectorProfile
David Kanen - DirectorProfile
Jonathan Lennon - DirectorProfile

Invested in Dave Inc?

You need to understand the risk of investing before taking a position in Dave. The danger of trading Dave Inc is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dave is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dave. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dave Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. Note that the Dave Inc information on this page should be used as a complementary analysis to other Dave's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Dave Inc price analysis, check to measure Dave's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dave is operating at the current time. Most of Dave's value examination focuses on studying past and present price action to predict the probability of Dave's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dave's price. Additionally, you may evaluate how the addition of Dave to your portfolios can decrease your overall portfolio volatility.
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Is Dave's industry 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.
Market Capitalization
249.4 M
Quarterly Revenue Growth YOY
0.24
Return On Assets
-0.26
Return On Equity
-0.52
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 Dave value 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.