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ACV Auctions (ACVA)
NASDAQ:ACVA
Holding ACVA?
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ACVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.84 - $19.86
Previous Close$18.16
Volume2.44M
Average Volume (3M)1.27M
Market Cap
$3.04B
Enterprise Value$2.88B
Total Cash (Recent Filing)$272.65M
Total Debt (Recent Filing)$110.00M
Price to Earnings (P/E)―
Beta1.71
Next Earnings
Nov 06, 2024EPS Estimate
$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.49
Shares Outstanding166,586,494
10 Day Avg. Volume1,425,364
30 Day Avg. Volume1,271,883
Standard Deviation0.16
R-Squared0.23
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)26.08
Price to Sales (P/S)5.60
Price to Cash Flow (P/CF)168.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.30
Enterprise Value/Gross Profit12.17
Enterprise Value/Ebitda-216.75
Forecast
1Y Price Target
$21.67Price Target Upside19.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
ACV Auctions News
PremiumCompany Announcements
ACV Auctions Enhances Governance and Appoints New Officer
PremiumCompany Announcements
ACV Auctions Incentivizes Executives with Stock-Linked AwardsBulls Say, Bears Say
Bulls Say
EarningsACV delivered a quarter of record revenue at the high end of guidance with growth of 22% YOY coupled with generating its first quarter of positive adjusted EBITDA since going public.
Market PositionACVA is well-positioned for durable growth and continued market share gains going forward, and there is upside to current estimates, particularly as the growth segments gain traction.
Product & Service InnovationProgress on expanding the platform and deepening engagement with dealers through product innovation.
Bears Say
EarningsQ2 guidance for revenue and adj. EBITDA were both slightly below consensus at the midpoint of their respective guidance ranges.
Sales PerformanceGMV came in below GS/Street with continued declines in GMV per unit as prices continue to normalize and volumes remain impacted by the macro environment.
Supply ChainMgmt. highlighted continued headwinds to dealer wholesale supply driven by a higher than normal percentage of trades for retail inventory.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ACVA FAQ
What was ACV Auctions’s price range in the past 12 months?
ACV Auctions lowest stock price was $12.84 and its highest was $19.86 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 Nov 06, 2024 which is in 59 days.
How were ACV Auctions’s earnings last quarter?
ACV Auctions released its earnings results on Aug 07, 2024. The company reported $0.023 earnings per share for the quarter, beating the consensus estimate of $0.019 by $0.004.
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 $0.02.
How many shares outstanding does ACV Auctions have?
ACV Auctions has 152,175,930 shares outstanding.
What happened to ACV Auctions’s price movement after its last earnings report?
ACV Auctions reported an EPS of $0.023 in its last earnings report, beating expectations of $0.019. Following the earnings report the stock price went up 21.713%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$21.67 (19.33% Upside)
$21.67 (19.33% Upside)
Blogger Sentiment
Bullish
ACVA Sentiment 100%
Sector Average 65%
Sector Average 65%
Insider Transactions
Bought Shares
Worth $4.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.33%
12-Months-Change
Fundamentals
Return on Equity
-16.92%
Trailing 12-Months
Asset Growth
7.95%
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
Q2 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 Month Forecast
Average Price Target
$21.67
▲(19.33% Upside)
Technical Analysis
Best Analysts Covering ACVA
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+40.27%
reiterated a buy rating last month
Copying Nicholas Jones CFA's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +40.27% per trade.
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