The price of Advantage Solutions Inc. (NASDAQ: ADV) closed at $3.65 in the last session, up 0.55% from day before closing price of $3.63. In other words, the price has increased by $+0.0200 from its previous closing price. On the day, 584107 shares were traded. ADV stock price reached its highest trading level at $3.8100 during the session, while it also had its lowest trading level at $3.5200.
Ratios:
We take a closer look at ADV’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.07. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.69.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Canaccord Genuity on December 06, 2023, initiated with a Buy rating and assigned the stock a target price of $4.
On March 30, 2022, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $7.Deutsche Bank initiated its Hold rating on March 30, 2022, with a $7 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 16 when KILTS JAMES M bought 5,468 shares for $2.39 per share. The transaction valued at 13,066 led to the insider holds 780,922 shares of the business.
KILTS JAMES M bought 17,595 shares of ADV for $42,205 on Nov 15. The Director now owns 775,454 shares after completing the transaction at $2.40 per share. On Nov 14, another insider, KILTS JAMES M, who serves as the Director of the company, bought 29,720 shares for $2.38 each. As a result, the insider paid 70,775 and bolstered with 757,859 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADV now has a Market Capitalization of 1.17B and an Enterprise Value of 2.96B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 0.70 whereas that against EBITDA is 9.82.
Stock Price History:
Over the past 52 weeks, ADV has reached a high of $4.39, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is 3.8760, while the 200-Day Moving Average is calculated to be 2.8872.
Shares Statistics:
According to the various share statistics, ADV traded on average about 677.66K shares per day over the past 3-months and 556.82k shares per day over the past 10 days. A total of 318.64M shares are outstanding, with a floating share count of 23.11M. Insiders hold about 92.79% of the company’s shares, while institutions hold 19.28% stake in the company. Shares short for ADV as of Feb 15, 2024 were 6.4M with a Short Ratio of 9.44, compared to 5.79M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.99% and a Short% of Float of 6.68%.
Earnings Estimates
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.08, while EPS last year was -$0.04. The consensus estimate for the next quarter is $0.11, with high estimates of $0.11 and low estimates of $0.11.
Analysts are recommending an EPS of between $0.47 and $0.47 for the fiscal current year, implying an average EPS of $0.47. EPS for the following year is $0.55, with 2 analysts recommending between $0.55 and $0.55.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $867.51M. It ranges from a high estimate of $914.1M to a low estimate of $820.93M. As of the current estimate, Advantage Solutions Inc.’s year-ago sales were $1.01B, an estimated decrease of -14.30% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for ADV’s current fiscal year. The highest revenue estimate was $3.8B, while the lowest revenue estimate was $3.73B, resulting in an average revenue estimate of $3.77B. In the same quarter a year ago, actual revenue was $4.22B, down -10.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $3.88B in the next fiscal year. The high estimate is $3.92B and the low estimate is $3.84B. The average revenue growth estimate for next year is up 2.80% from the average revenue estimate for this year.
