Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, ACV Auctions Inc (NASDAQ: ACVA) closed at $21.69 up 1.17% from its previous closing price of $21.44. In other words, the price has increased by $1.17 from its previous closing price. On the day, 1.12 million shares were traded. ACVA stock price reached its highest trading level at $21.87 during the session, while it also had its lowest trading level at $21.36.
Ratios:
For a deeper understanding of ACV Auctions Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 97.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.
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, Stephens on January 22, 2025, initiated with a Equal-Weight rating and assigned the stock a target price of $20.50.
JP Morgan Upgraded its Neutral to Overweight on June 10, 2024, while the target price for the stock was maintained at $21.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 07 ’25 when ZERELLA WILLIAM sold 15,000 shares for $20.57 per share. The transaction valued at 308,550 led to the insider holds 462,452 shares of the business.
Waterman Michael sold 30,162 shares of ACVA for $619,226 on Jan 07 ’25. The Chief Sales Officer now owns 314,738 shares after completing the transaction at $20.53 per share. On Jan 08 ’25, another insider, Waterman Michael, who serves as the Chief Sales Officer of the company, sold 9,985 shares for $20.24 each. As a result, the insider received 202,096 and left with 311,354 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, ACVA now has a Market Capitalization of 3636111616 and an Enterprise Value of 3504716800. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.10 while its Price-to-Book (P/B) ratio in mrq is 7.94. Its current Enterprise Value per Revenue stands at 5.88 whereas that against EBITDA is -62.423.
Stock Price History:
The Beta on a monthly basis for ACVA is 1.68, which has changed by 0.5764706 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, ACVA has reached a high of $23.46, while it has fallen to a 52-week low of $12.84. The 50-Day Moving Average of the stock is 0.53%, while the 200-Day Moving Average is calculated to be 13.30%.
Shares Statistics:
For the past three months, ACVA has traded an average of 1.46M shares per day and 1089740 over the past ten days. A total of 157.72M shares are outstanding, with a floating share count of 153.30M. Insiders hold about 8.55% of the company’s shares, while institutions hold 93.22% stake in the company. Shares short for ACVA as of 1736899200 were 9336404 with a Short Ratio of 6.38, compared to 1734048000 on 8492182. Therefore, it implies a Short% of Shares Outstanding of 9336404 and a Short% of Float of 5.94.
