Advantage Solutions Inc (NASDAQ:ADV) Shares Plunges -29.29% In A Week – But Can It Keep Rising?

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In last trading session, Advantage Solutions Inc (NASDAQ:ADV) saw 1.54 million shares changing hands with its beta currently measuring 1.99. Company’s recent per share price level of $1.69 trading at $0.08 or 5.30% at ring of the bell on the day assigns it a market valuation of $543.18M. That closing price of ADV’s stock is at a discount of -192.9% from its 52-week high price of $4.95 and is indicating a premium of 9.47% from its 52-week low price of $1.53. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.7 million shares which gives us an average trading volume of 392.21K if we extend that period to 3-months.

For Advantage Solutions Inc (ADV), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.06 in the current quarter.

Advantage Solutions Inc (NASDAQ:ADV) trade information

Upright in the green during last session for gaining 5.30%, in the last five days ADV remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $1.69 price level, adding 31.48% to its value on the day. Advantage Solutions Inc’s shares saw a change of -42.12% in year-to-date performance and have moved -29.29% in past 5-day. Advantage Solutions Inc (NASDAQ:ADV) showed a performance of -36.47% in past 30-days. Number of shares sold short was 8.39 million shares which calculate 27.73 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 71.83% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -255.03% in reaching the projected high whereas dropping to the targeted low would mean a loss of -255.03% for stock’s current value.

Advantage Solutions Inc (ADV) estimates and forecasts

This year revenue growth is estimated to fall -3.71% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 786.27M for the same. And 2 analysts are in estimates of company making revenue of 813.71M in the next quarter. Company posted 879M and 902.23M of sales in current and next quarters respectively a year earlier.

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

Insiders are in possession of 61.73% of company’s total shares while institution are holding 32.46 percent of that, with stock having share float percentage of 84.82%. Investors also watch the number of corporate investors in a company very closely, which is 32.46% institutions for Advantage Solutions Inc that are currently holding shares of the company. LEONARD GREEN & PARTNERS, L.P. is the top institutional holder at ADV for having 15.45 million shares of worth $49.75 million. And as of 2024-06-30, it was holding 4.7864 of the company’s outstanding shares.

The second largest institutional holder is CVC MANAGEMENT HOLDINGS II LTD., which was holding about 15.29 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7368 of outstanding shares, having a total worth of $49.23 million.