In the last trading session, 1.14 million Advantage Solutions Inc. (NASDAQ:ADV) shares changed hands as the company’s beta touched 1.56. With the company’s per share price at $3.43 changed hands at -$0.08 or -2.28% during last session, the market valuation stood at $1.10B. ADV’s last price was a discount, traded about -44.31% off its 52-week high of $4.95. The share price had its 52-week low at $1.85, which suggests the last value was 46.06% up since then. When we look at Advantage Solutions Inc.’s average trading volume, we note the 10-day average is 0.94 million shares, with the 3-month average coming to 813.27K.

Analysts gave the Advantage Solutions Inc. (ADV) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ADV as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Advantage Solutions Inc.’s EPS for the current quarter is expected to be 0.11.

Advantage Solutions Inc. (NASDAQ:ADV) trade information

Instantly ADV was in red as seen at the end of in last trading. With action -4.72%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -5.25%, with the 5-day performance at -4.72% in the red. However, in the 30-day time frame, Advantage Solutions Inc. (NASDAQ:ADV) is -10.21% down. Looking at the short shares, we see there were 8.93 million shares sold at short interest cover period of 15.9 days.

The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 42.83% from its current market value. According to analyst projections, ADV’s forecast low is 6 with 6 as the target high. To hit the forecast high, the stock’s price needs a -74.93% plunge from its current level, while the stock would need to soar -74.93% for it to hit the projected low.

Advantage Solutions Inc. (ADV) estimates and forecasts

Data shows that the Advantage Solutions Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -20.05% over the past 6 months, a 305.26% in annual growth rate that is considerably higher than the industry average of -3.20%. Year-over-year growth is forecast to reach -18.70% down from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 851.63M. 2 analysts are of the opinion that Advantage Solutions Inc.’s revenue for the current quarter will be 886.51M. The company’s revenue for the corresponding quarters a year ago was 1.1B and 1.08B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -22.30%. The estimates for the next quarter sales put growth at -17.90%.

The 2024 estimates are for Advantage Solutions Inc. earnings to increase by 341.63%, but the outlook for the next 5-year period is at -5.10% per year.

ADV Dividends

Advantage Solutions Inc. is expected to release its next quarterly earnings report in November.

Advantage Solutions Inc. (NASDAQ:ADV)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 62.00% of Advantage Solutions Inc. shares while 53.01% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 139.49%. There are 53.01% institutions holding the Advantage Solutions Inc. stock share, with CVC MANAGEMENT HOLDINGS II LTD. the top institutional holder. As of 2024-06-30, the company held 25.3875% of the shares, roughly 81.61 million ADV shares worth $262.78 million.

LEONARD GREEN & PARTNERS, L.P. holds the second largest percentage of outstanding shares, with 4.8062% or 15.45 million shares worth $49.75 million as of 2024-06-30.