The closing price of Advantage Solutions Inc. (NASDAQ: ADV) was $3.81 for the day, up 0.79% from the previous closing price of $3.78. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 1183182 shares were traded.
Ratios:
Our analysis of ADV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.76 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 1.78 whereas as Long-Term Debt/Eq ratio is at 1.76.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1.23B and an Enterprise Value of 2.99B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 0.70 whereas that against EBITDA is -2.34.
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 3.8814, while the 200-Day Moving Average is calculated to be 2.8537.
Shares Statistics:
ADV traded an average of 656.65K shares per day over the past three months and 473.5k shares per day over the past ten days. A total of 319.69M shares are outstanding, with a floating share count of 23.55M. Insiders hold about 92.78% of the company’s shares, while institutions hold 18.93% stake in the company. Shares short for ADV as of Feb 15, 2024 were 6.4M with a Short Ratio of 9.74, compared to 5.79M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.96% and a Short% of Float of 6.40%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.12, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.46 and $0.39 for the fiscal current year, implying an average EPS of $0.43. EPS for the following year is $0.49, with 3 analysts recommending between $0.5 and $0.48.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $1.14B to a low estimate of $1.12B. As of the current estimate, Advantage Solutions Inc.’s year-ago sales were $1.1B, an estimated increase of 2.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $1.01B, a decrease of -0.20% less than the figure of $2.60% in the same quarter last year. There is a high estimate of $1.03B for the next quarter, whereas the lowest estimate is $997.8M.
A total of 4 analysts have provided revenue estimates for ADV’s current fiscal year. The highest revenue estimate was $4.29B, while the lowest revenue estimate was $4.27B, resulting in an average revenue estimate of $4.28B. In the same quarter a year ago, actual revenue was $4.05B, up 5.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $4.26B in the next fiscal year. The high estimate is $4.36B and the low estimate is $4.01B. The average revenue growth estimate for next year is down -0.40% from the average revenue estimate for this year.
