Acv Auctions Stock Today

ACVA Stock  USD 22.96  0.99  4.51%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 17

 
High
 
Low
Low
ACV Auctions is trading at 22.96 as of the 25th of November 2024, a 4.51 percent increase since the beginning of the trading day. The stock's open price was 21.97. ACV Auctions has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for ACV Auctions are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
24th of March 2021
Category
Consumer Cyclical
Classification
Industrials
ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York. ACV Auctions operates under Auto Truck Dealerships classification in the United States and is traded on NASDAQ Exchange.. The company has 158.28 M outstanding shares of which 8.51 M shares are presently shorted by private and institutional investors with about 9.4 trading days to cover. More on ACV Auctions

Moving against ACV Stock

  0.47PFMT Performant FinancialPairCorr
  0.32MMS MaximusPairCorr

ACV Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Consumer Cyclical, NASDAQ Composite, Industrials, Commercial Services & Supplies, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.5214
Way Down
Slightly volatile
Gross Profit Margin0.320.492
Way Down
Pretty Stable
Total Current Liabilities301.2 M333.9 M
Moderately Down
Slightly volatile
Non Current Liabilities Total145.3 M132.5 M
Significantly Up
Slightly volatile
Total Assets776.6 M922.9 M
Fairly Down
Slightly volatile
Total Current Assets647.2 M706.9 M
Significantly Down
Slightly volatile
Debt Levels
ACV Auctions can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ACV Auctions' financial leverage. It provides some insight into what part of ACV Auctions' total assets is financed by creditors.
Liquidity
ACV Auctions currently holds 115 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. ACV Auctions has a current ratio of 2.1, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about ACV Auctions' use of debt, we should always consider it together with its cash and equity.

Change To Inventory

960,534
ACV Auctions (ACVA) is traded on NASDAQ Exchange in USA. It is located in 640 Ellicott Street, Buffalo, NY, United States, 14203 and employs 2,170 people. ACV Auctions is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.68 B. ACV Auctions conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 158.28 M outstanding shares of which 8.51 M shares are presently shorted by private and institutional investors with about 9.4 trading days to cover. ACV Auctions currently holds about 511.92 M in cash with (17.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.25.
Check ACV Auctions Probability Of Bankruptcy
Ownership Allocation
ACV Auctions holds a total of 158.28 Million outstanding shares. The majority of ACV Auctions outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in ACV Auctions to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in ACV Auctions. Please pay attention to any change in the institutional holdings of ACV Auctions as this could imply that something significant has changed or is about to change at the company. Also note that nearly six hundred sixty-four thousand seven hundred fifty-nine invesors are currently shorting ACV Auctions expressing very little confidence in its future performance.
Check ACV Ownership Details

ACV Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2024-06-30
3.1 M
Jpmorgan Chase & Co2024-06-30
2.9 M
Nuveen Asset Management, Llc2024-06-30
2.7 M
Spyglass Capital Management Llc2024-09-30
2.6 M
Loomis, Sayles & Company Lp2024-06-30
2.5 M
Dimensional Fund Advisors, Inc.2024-09-30
2.3 M
Harris Associates L.p.2024-06-30
2.3 M
Cramer Rosenthal Mcglynn Llc2024-09-30
2.2 M
Park West Asset Management Llc2024-09-30
1.9 M
Vanguard Group Inc2024-09-30
13.5 M
Fmr Inc2024-09-30
13.4 M
View ACV Auctions Diagnostics

ACV Auctions Historical Income Statement

At present, ACV Auctions' Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 17.3 M, whereas Tax Provision is forecasted to decline to about 407.7 K. View More Fundamentals

ACV Stock Against Markets

ACV Auctions Corporate Management

Craig AndersonChief OfficerProfile
Leanne FitzgeraldChief SecretaryProfile
Leanne JDChief SecretaryProfile
Maura DugganAssociate CommunicationsProfile
William ZerellaChief OfficerProfile
Sallie ReidChief OfficerProfile
Timothy FoxVP RelationsProfile

Already Invested in ACV Auctions?

The danger of trading ACV Auctions is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ACV Auctions is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ACV Auctions. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ACV Auctions is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ACV Auctions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACV Auctions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acv Auctions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acv Auctions Stock:
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For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.
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Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ACV Auctions. If investors know ACV will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ACV Auctions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
3.644
Quarterly Revenue Growth
0.44
Return On Assets
(0.05)
Return On Equity
(0.17)
The market value of ACV Auctions is measured differently than its book value, which is the value of ACV that is recorded on the company's balance sheet. Investors also form their own opinion of ACV Auctions' value that differs from its market value or its book value, called intrinsic value, which is ACV Auctions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ACV Auctions' market value can be influenced by many factors that don't directly affect ACV Auctions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ACV Auctions' value and its price as these two are different measures arrived at by different means. Investors typically determine if ACV Auctions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACV Auctions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.