In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Advantage Solutions Inc. (NASDAQ: ADV) closed at $4.33 down -3.99% from its previous closing price of $4.51. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 0.53 million shares were traded. ADV stock price reached its highest trading level at $4.535 during the session, while it also had its lowest trading level at $4.32.
Ratios:
For a deeper understanding of Advantage Solutions 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 9.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.28. 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:
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 Mar 11 ’24 when Pestello Jack Anthony bought 10,000 shares for $3.87 per share. The transaction valued at 38,700 led to the insider holds 146,279 shares of the business.
Growe Christopher bought 10,000 shares of ADV for $34,868 on Mar 06 ’24. The Chief Financial Officer now owns 110,000 shares after completing the transaction at $3.49 per share. On Mar 04 ’24, another insider, PEACOCK DAVID A, who serves as the Chief Executive Officer of the company, bought 15,000 shares for $3.60 each. As a result, the insider paid 54,026 and bolstered with 1,968,112 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 1460963584 and an Enterprise Value of 3150414592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 0.746 whereas that against EBITDA is 8.43.
Stock Price History:
The Beta on a monthly basis for ADV is 1.63, which has changed by 2.6083333 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, ADV has reached a high of $4.95, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is 4.80%, while the 200-Day Moving Average is calculated to be 31.89%.
Shares Statistics:
For the past three months, ADV has traded an average of 699.43K shares per day and 907800 over the past ten days. A total of 318.64M shares are outstanding, with a floating share count of 17.31M. Insiders hold about 94.66% of the company’s shares, while institutions hold 19.04% stake in the company. Shares short for ADV as of 1713139200 were 7323889 with a Short Ratio of 10.47, compared to 1710460800 on 7018209. Therefore, it implies a Short% of Shares Outstanding of 7323889 and a Short% of Float of 6.25.
Earnings Estimates
The current rating of Advantage Solutions Inc. (ADV) reflects the combined expertise of 2.0 analysts actively engaged in assessing its market performance.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 2.0 analysts recommending between $0.55 and $0.55.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $867.51M this quarter.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 $1.01BFor the next quarter, 2 analysts are estimating revenue of $889.93M. There is a high estimate of $913.5M for the next quarter, whereas the lowest estimate is $866.36M.
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 $4.22BBased 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.
