In last trading session, ACV Auctions Inc (NYSE:ACVA) saw 1.25 million shares changing hands with its beta currently measuring 1.65. Company’s recent per share price level of $14.44 trading at $0.13 or 0.91% at ring of the bell on the day assigns it a market valuation of $2.46B. That closing price of ACVA’s stock is at a discount of -62.47% from its 52-week high price of $23.46 and is indicating a premium of 17.73% from its 52-week low price of $11.88. 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 2.54 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. The company is expected to be making an EPS of 0.02 in the current quarter.
ACV Auctions Inc (NYSE:ACVA) trade information
Upright in the green during last session for gaining 0.91%, in the last five days ACVA remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $14.44 price level, adding 5.31% to its value on the day. ACV Auctions Inc’s shares saw a change of -33.15% in year-to-date performance and have moved 0.98% in past 5-day. ACV Auctions Inc (NYSE:ACVA) showed a performance of -9.81% in past 30-days. Number of shares sold short was 13.1 million shares which calculate 4.17 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 29.56% 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 -10.8% in reaching the projected high whereas dropping to the targeted low would mean a loss of -10.8% for stock’s current value.
ACV Auctions Inc (ACVA) estimates and forecasts
This year revenue growth is estimated to rise 21.49% from the last financial year’s standing.
14 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 182.24M for the same. And 14 analysts are in estimates of company making revenue of 195.46M in the next quarter. Company posted 145.69M and 160.62M of sales in current and next quarters respectively a year earlier.
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 244.37% while estimates for its earnings growth in next 5 years are of 155.18%.
ACV Auctions Inc (NYSE:ACVA)’s Major holders
Insiders are in possession of 3.10% of company’s total shares while institution are holding 97.09 percent of that, with stock having share float percentage of 100.20%. Investors also watch the number of corporate investors in a company very closely, which is 97.09% 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 8.0663 of outstanding shares, having a total worth of $241.99 million.
On the other hand, MFS Series Trust IV-MFS Mid Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 5.27 shares of worth $76.1 million or 3.09% of the total outstanding shares. The later fund manager was in possession of 4.54 shares on Dec 31, 2024 , making its stake of worth around $65.62 million in the company or a holder of 2.67% of company’s stock.
