Advantage Solutions Inc (NASDAQ:ADV) has a beta value of -57.11% and has seen 628.71 shares traded in the last trading session. The company, currently valued at $528.63M, closed the last trade at $1.58 per share which meant it lost -$1.25 on the day or 1.63% during that session. The ADV stock price is -163.29% off its 52-week high price of $4.16 and 34.18% above the 52-week low of $1.04. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.87 million shares traded. The 3-month trading volume is 3.17 shares.
The consensus among analysts is that Advantage Solutions Inc (ADV) is Hold stock at the moment, with a recommendation rating of 62.18. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 2 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.11.
Advantage Solutions Inc (NASDAQ:ADV) trade information
Sporting 1.63% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ADV stock price touched $1.58 or saw a rise of 7.06%. Year-to-date, Advantage Solutions Inc shares have moved -45.48%, while the 5-day performance has seen it change 5.84%. Over the past 30 days, the shares of Advantage Solutions Inc (NASDAQ:ADV) have changed 30.40%. Short interest in the company has seen 8.58 million shares shorted with days to cover at 14.16.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could jump 21.0% from current levels. The projected low price target is $2.0 while the price target rests at a high of $2.0. In that case, then, we find that the current price level is -26.58% off the targeted high while a plunge would see the stock gain -26.58% from current levels.
Advantage Solutions Inc (ADV) estimates and forecasts
The company’s shares have lost -50.76% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -6.00%.
2 analysts offering their estimates for the company have set an average revenue estimate of 792.51M for the current quarter. 2 have an estimated revenue figure of 868.64M for the next ending quarter. Year-ago sales stood 902.23M and 939.27M respectively for this quarter and the next, and analysts expect sales will shrink by -12.16% for the current quarter and -6.00% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was – – over the past 5 years.
ADV Dividends
Advantage Solutions Inc is expected to release its next earnings report on 2025-May-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Advantage Solutions Inc (NASDAQ:ADV)’s Major holders
The top two institutional holders are LEONARD GREEN & PARTNERS, L.P. with over 15.45 million shares worth more than $49.75 million. As of 2024-06-30, LEONARD GREEN & PARTNERS, L.P. held 4.7864% of shares outstanding.
The other major institutional holder is CVC MANAGEMENT HOLDINGS II LTD., with the holding of over 15.29 million shares as of 2024-06-30. The firm’s total holdings are worth over $49.23 million and represent 4.7368% of shares outstanding.
