Advantage Solutions Inc. (NASDAQ:ADV)’s traded shares stood at 0.47 million during the last session, with the company’s beta value hitting 1.56. At the close of trading, the stock’s price was $3.06, to imply a decrease of -2.24% or -$0.07 in intraday trading. The ADV share’s 52-week high remains $4.95, putting it -61.76% down since that peak but still an impressive 39.54% since price per share fell to its 52-week low of $1.85. The company has a valuation of $980.85M, with an average of 0.91 million shares in intraday trading volume over the past 10 days and average of 767.58K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Advantage Solutions Inc. (ADV), translating to a mean rating of 2.33. Of 2 analyst(s) looking at the stock, 0 analyst(s) give ADV a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.11.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Advantage Solutions Inc. (NASDAQ:ADV) trade information
After registering a -2.24% downside in the last session, Advantage Solutions Inc. (ADV) has traded red over the past five days. The 5-day price performance for the stock is -12.82%, and -21.74% over 30 days. With these gigs, the year-to-date price performance is -15.47%. Short interest in Advantage Solutions Inc. (NASDAQ:ADV) saw shorts transact 8.93 million shares and set a 15.9 days time to cover.
The extremes give us $6 and $6 for target low and target high price respectively. As such, ADV has been trading -96.08% off suggested target high and -96.08% from its likely low.
Advantage Solutions Inc. (ADV) estimates and forecasts
Looking at statistics comparing Advantage Solutions Inc. share performance against respective industry, we note that the company has outperformed competitors. Advantage Solutions Inc. (ADV) shares are -28.17% down over the last 6 months, with its year-to-date growth rate higher than industry average at 305.26% against -3.20%. Revenue is forecast to grow 83.30% this quarter before falling -21.40% for the next one. The rating firms project that company’s revenue will shrink -18.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 851.63M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 886.51M.Earnings reports from the last fiscal year show that sales brought in 1.1B and 1.08B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -22.30% before dropping -17.90% in the following quarter.
ADV Dividends
Advantage Solutions Inc. has its next earnings report out on 2024-Nov-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Advantage Solutions Inc. (NASDAQ:ADV)’s Major holders
Advantage Solutions Inc. insiders hold 62.00% of total outstanding shares, with institutional holders owning 53.01% of the shares at 139.51% float percentage. In total, 53.01% institutions holds shares in the company, led by CVC MANAGEMENT HOLDINGS II LTD.. As of 2024-06-30, the company held over 81.61 million shares (or 25.3875% of shares), all amounting to roughly $262.78 million.
The next major institution holding the largest number of shares is LEONARD GREEN & PARTNERS, L.P. with 15.45 million shares, or about 4.8062% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $49.75 million.
