In last trading session, ACV Auctions Inc (NYSE:ACVA) saw 1.65 million shares changing hands with its beta currently measuring 1.73. Company’s recent per share price level of $15.13 trading at $0.66 or 4.56% at ring of the bell on the day assigns it a market valuation of $2.55B. That closing price of ACVA’s stock is at a discount of -55.06% from its 52-week high price of $23.46 and is indicating a premium of 15.6% from its 52-week low price of $12.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.76 million shares which gives us an average trading volume of 2.16 million if we extend that period to 3-months.
For ACV Auctions Inc (ACVA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.29. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
ACV Auctions Inc (NYSE:ACVA) trade information
Upright in the green during last session for gaining 4.56%, in the last five days ACVA remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $15.13 price level, adding 2.07% to its value on the day. ACV Auctions Inc’s shares saw a change of -29.95% in year-to-date performance and have moved -0.98% in past 5-day. ACV Auctions Inc (NYSE:ACVA) showed a performance of 2.02% in past 30-days. Number of shares sold short was 10.12 million shares which calculate 5.34 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 20.5 to the stock, which implies a rise of 26.2% to its current value. Analysts have been projecting 16 as a low price target for the stock while placing it at a high target of 24. It follows that stock’s current price would drop -5.75% in reaching the projected high whereas dropping to the targeted low would mean a loss of -5.75% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.70% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 247.54% while estimates for its earnings growth in next 5 years are of 155.06%.
ACV Auctions Inc (NYSE:ACVA)’s Major holders
Insiders are in possession of 1.17% of company’s total shares while institution are holding 98.49 percent of that, with stock having share float percentage of 99.65%. Investors also watch the number of corporate investors in a company very closely, which is 98.49% institutions for ACV Auctions Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at ACVA for having 17.32 million shares of worth $316.14 million. And as of 2024-06-30, it was holding 10.5379 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 13.26 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.1403 of outstanding shares, having a total worth of $241.99 million.
