NASDAQ:ACVA ACV Auctions (ACVA) Stock Price, News & Analysis $21.89 +0.95 (+4.54%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About ACV Auctions Stock (NASDAQ:ACVA) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get ACV Auctions alerts:Sign Up Key Stats Today's Range$20.56▼$22.0050-Day Range$17.04▼$23.1752-Week Range$12.84▼$23.46Volume4.20 million shsAverage Volume1.27 million shsMarket Capitalization$3.67 billionP/E RatioN/ADividend YieldN/APrice Target$23.60Consensus RatingModerate Buy Company OverviewACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. The company's marketplace platform includes digital marketplace, which connects buyers and sellers by providing online auction, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes and status reports of the vehicle; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green's seller assurance service for against claims related to defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage for dealers and commercial partners. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.Read More… ACV Auctions Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks44th Percentile Overall ScoreACVA MarketRank™: ACV Auctions scored higher than 44% of companies evaluated by MarketBeat, and ranked 160th out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingACV Auctions has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageACV Auctions has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about ACV Auctions' stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for ACV Auctions are expected to grow in the coming year, from ($0.35) to ($0.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ACV Auctions is -46.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of ACV Auctions is -46.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioACV Auctions has a P/B Ratio of 7.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted5.26% of the float of ACV Auctions has been sold short.Short Interest Ratio / Days to CoverACV Auctions has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in ACV Auctions has recently decreased by 7.04%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldACV Auctions does not currently pay a dividend.Dividend GrowthACV Auctions does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted5.26% of the float of ACV Auctions has been sold short.Short Interest Ratio / Days to CoverACV Auctions has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in ACV Auctions has recently decreased by 7.04%, indicating that investor sentiment is improving significantly. News and Social Media3.5 / 5News Sentiment1.27 News SentimentACV Auctions has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 7 news articles for ACV Auctions this week, compared to 5 articles on an average week.Search Interest2 people have searched for ACVA on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added ACV Auctions to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, ACV Auctions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,998,394.00 in company stock.Percentage Held by InsidersOnly 8.50% of the stock of ACV Auctions is held by insiders.Percentage Held by Institutions88.55% of the stock of ACV Auctions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about ACV Auctions' insider trading history. Receive ACVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ACV Auctions and its competitors with MarketBeat's FREE daily newsletter. Email Address ACVA Stock News HeadlinesInsider Selling: ACV Auctions Inc. (NASDAQ:ACVA) CFO Sells 32,500 Shares of StockNovember 28, 2024 | insidertrades.comJMP Securities Reaffirms "Market Outperform" Rating for ACV Auctions (NASDAQ:ACVA)December 18, 2024 | americanbankingnews.comYour chance to get on the next “60-Second Trade”Ever heard of the “60-Second Trade”? It’s a unique cash flow strategy that lets regular traders target anywhere from $100 to a couple of thousand in extra cash flow in as little as 7 days… In on Monday, out on Friday!December 23, 2024 | WealthPress (Ad)A Glimpse Into The Expert Outlook On ACV Auctions Through 8 AnalystsDecember 17, 2024 | benzinga.comACV Auctions: Positioned for Growth with Innovative Technology and Market ResilienceDecember 6, 2024 | markets.businessinsider.comACV Auctions price target raised to $27 from $24 at B. RileyNovember 27, 2024 | markets.businessinsider.comIn-Depth Examination Of 7 Analyst Recommendations For ACV AuctionsNovember 26, 2024 | benzinga.comACV Auctions Inc. (ACVA)November 23, 2024 | finance.yahoo.comSee More Headlines ACVA Stock Analysis - Frequently Asked Questions How have ACVA shares performed this year? ACV Auctions' stock was trading at $15.15 at the beginning of 2024. Since then, ACVA shares have increased by 44.5% and is now trading at $21.89. View the best growth stocks for 2024 here. How were ACV Auctions' earnings last quarter? ACV Auctions Inc. (NASDAQ:ACVA) released its quarterly earnings data on Tuesday, November, 9th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.17) by $0.01. The company had revenue of $91.80 million for the quarter, compared to analysts' expectations of $88.03 million. ACV Auctions had a negative net margin of 12.89% and a negative trailing twelve-month return on equity of 12.11%. When did ACV Auctions IPO? ACV Auctions (ACVA) raised $315 million in an initial public offering (IPO) on Wednesday, March 24th 2021. The company issued 16,600,000 shares at a price of $18.00-$20.00 per share. Goldman Sachs, J.P. Morgan, Citigroup, BofA Securities, Jefferies, Canaccord Genuity, Guggenheim Securities, JMP Securities, Piper Sandler and Raymond James acted as the underwriters for the IPO. Who are ACV Auctions' major shareholders? ACV Auctions' top institutional investors include FMR LLC (8.06%), Massachusetts Financial Services Co. MA (5.20%), ArrowMark Colorado Holdings LLC (3.95%) and Atreides Management LP (3.41%). Insiders that own company stock include Bessemer Venture Partners Ix L, George Chamoun, William Zerella, Vikas Mehta, Michael Waterman, Craig Eric Anderson, Robert P Goodman, Andrew Peer, Kirsten Castillo and Brian Hirsch. View institutional ownership trends. How do I buy shares of ACV Auctions? Shares of ACVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of ACV Auctions own? Based on aggregate information from My MarketBeat watchlists, some other companies that ACV Auctions investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and DiamondRock Hospitality (DRH). Company Calendar Last Earnings11/09/2021Today12/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Business services, not elsewhere classified Sub-IndustryBusiness Services Current SymbolNASDAQ:ACVA CUSIPN/A CIK1637873 Webwww.acvauctions.com Phone800-553-4070FaxN/AEmployees2,170Year FoundedN/APrice Target and Rating Average Stock Price Target$23.60 High Stock Price Target$27.00 Low Stock Price Target$18.00 Potential Upside/Downside+7.8%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($0.47) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,260,000.00 Net Margins-12.89% Pretax Margin-12.79% Return on Equity-12.11% Return on Assets-5.52% Debt Debt-to-Equity Ratio0.25 Current Ratio1.51 Quick Ratio1.51 Sales & Book Value Annual Sales$596.02 million Price / Sales6.16 Cash FlowN/A Price / Cash FlowN/A Book Value$2.82 per share Price / Book7.76Miscellaneous Outstanding Shares167,640,000Free Float153,391,000Market Cap$3.67 billion OptionableOptionable Beta1.70 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? 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