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ACV Auctions (ACVA)
NASDAQ:ACVA
ACV Auctions (ACVA) Stock Price & Analysis
120 Followers
ACVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.93 - $19.54
Previous Close$18.35
Volume99.40K
Average Volume (3M)1.25M
Market Cap
$3.06B
Enterprise Value$2.83B
Total Cash (Recent Filing)$411.33M
Total Debt (Recent Filing)$115.00M
Price to Earnings (P/E)-39.0
Beta1.66
Next Earnings
May 08, 2024EPS Estimate
<$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.47
Shares Outstanding163,891,553
10 Day Avg. Volume896,136
30 Day Avg. Volume1,251,489
Standard Deviation0.17
R-Squared0.23
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)8.12
Price to Sales (P/S)5.38
Price to Cash Flow (P/CF)-27.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.07
Enterprise Value/Gross Profit11.96
Enterprise Value/Ebitda-52.53
Forecast
1Y Price Target
$20.78Price Target Upside15.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
ACV Auctions News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceACV Auctions reported solid financial results with revenue growth and a significant improvement in adjusted EBITDA, reflecting strong market share expansion and operational efficiency.
Market Share ExpansionACV Auctions is winning new dealers and consistently gaining share of wholesale volume at the dealer level, indicating a strong competitive position.
Strategic InnovationInnovations like Apex and the expansion into new services such as Transportation and ACV Capital are enhancing ACV Auctions' value proposition and customer trust.
Bears Say
Financial Estimates AdjustmentTrimming 2024 Estimates due to a Challenging Environment for Used Vehicle Sales.
Long-term Goals DelayPushing out 2026 Goals of $1.3 billion in Revenue and $325 million in Adjusted EBITDA to 2027.
Revenue / EBITDA ProjectionsMacro uncertainty still clouding dealer supply, questioning mid-term revenue/EBITDA targets.
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Ownership Overview
1.59% Insiders
35.32% Mutual Funds
14.00% Other Institutional Investors
49.08% Public Companies and
Individual Investors
ACVA FAQ
What was ACV Auctions’s price range in the past 12 months?
ACV Auctions lowest stock price was $11.93 and its highest was $19.54 in the past 12 months.
What is ACV Auctions’s market cap?
Currently, no data Available
When is ACV Auctions’s upcoming earnings report date?
ACV Auctions’s upcoming earnings report date is May 08, 2024 which is in 13 days.
How were ACV Auctions’s earnings last quarter?
ACV Auctions released its earnings results on Feb 21, 2024. The company reported -$0.033 earnings per share for the quarter, beating the consensus estimate of -$0.047 by $0.014.
Is ACV Auctions overvalued?
According to Wall Street analysts ACV Auctions’s price is currently Undervalued.
Does ACV Auctions pay dividends?
ACV Auctions does not currently pay dividends.
What is ACV Auctions’s EPS estimate?
ACV Auctions’s EPS estimate is <$0.01.
How many shares outstanding does ACV Auctions have?
ACV Auctions has 147,537,640 shares outstanding.
What happened to ACV Auctions’s price movement after its last earnings report?
ACV Auctions reported an EPS of -$0.033 in its last earnings report, beating expectations of -$0.047. Following the earnings report the stock price went up 17.214%.
Which hedge fund is a major shareholder of ACV Auctions?
Currently, no hedge funds are holding shares in ACVA
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ACV Auctions Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$20.78 (15.64% Upside)
$20.78 (15.64% Upside)
Blogger Sentiment
Bullish
ACVA Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $24.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 2.1%
Last 30 Days ▼ 6.2%
Last 30 Days ▼ 6.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.37%
12-Months-Change
Fundamentals
Return on Equity
-15.97%
Trailing 12-Months
Asset Growth
0.87%
Trailing 12-Months
Company Description
ACV Auctions
ACV Auctions Inc is a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offers transparent and accurate vehicle information for customers.
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ACVA Company Deck
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ACVA Earnings Call
Q4 2024
0:00 / 0:00
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ACVA Revenue Breakdown
87.80% Marketplace and service
12.20% Customer assurance
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ACVA Stock 12 Months Forecast
Average Price Target
$20.78
▲(15.64% Upside)
Technical Analysis
Best Analysts Covering ACVA
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+53.13%
reiterated a buy rating 2 months ago
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +53.13% per trade.
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