ACV Auctions Inc [NASDAQ: ACVA] plunged by -$2.06 during the normal trading session on while it closed the day at $18.59.
ACV Auctions Inc stock has also loss -13.41% of its value over the past 7 days. However, ACVA stock has declined by -10.28% in the 3 months of the year. Over the past six months meanwhile, it has lost -0.16% and lost -13.94% year-on date.
The market cap for ACVA stock reached $3.12 billion, with 167.64 million shares outstanding and 154.87 million shares in the current float. Compared to the average trading volume of 1.30M shares, ACVA reached a trading volume of 7422475 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about ACV Auctions Inc [ACVA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACVA shares is $24.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACVA stock is a recommendation set at 1.46. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stephens have made an estimate for ACV Auctions Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on January 22, 2025. While these analysts kept the previous recommendation, Raymond James raised their target price to Mkt Perform. The new note on the price target was released on September 27, 2024, representing the official price target for ACV Auctions Inc stock. Previously, the target price had yet another raise to $21, while JP Morgan analysts kept a Overweight rating on ACVA stock.
The Average True Range (ATR) for ACV Auctions Inc is set at 0.86, with the Price to Sales ratio for ACVA stock in the period of the last 12 months amounting to 4.89. The Price to Book ratio for the last quarter was 6.81, with the Price to Cash per share for the same quarter was set at 1.61. Price to Free Cash Flow for ACVA in the course of the last twelve months was 51.21 with Quick ratio for the last quarter at 1.51.
ACVA stock trade performance evaluation
ACV Auctions Inc [ACVA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.41. With this latest performance, ACVA shares dropped by -16.45% in over the last four-week period, additionally sinking by -0.16% over the last 6 months – not to mention a rise of 30.09% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ACVA stock in for the last two-week period is set at 28.73, with the RSI for the last a single of trading hit 20.06, and the three-weeks RSI is set at 34.82 for ACV Auctions Inc [ACVA]. The present Moving Average for the last 50 days of trading for this stock 21.24, while it was recorded at 20.68 for the last single week of trading, and 19.38 for the last 200 days.
ACV Auctions Inc [ACVA]: An insightful look at the core fundamentals
ACV Auctions Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.51 and a Current Ratio set at 1.56.
Earnings per share (EPS) analysis for ACV Auctions Inc [ACVA] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ACVA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ACV Auctions Inc go to 145.34%.
ACV Auctions Inc [ACVA]: Institutional Ownership
The top three institutional holders of ACVA stocks are: FMR LLC with ownership of 17.32 million shares, which is approximately 10.5379%. VANGUARD GROUP INC, holding 13.26 million shares of the stock with an approximate value of $$241.99 million in ACVA stocks shares; and VANGUARD GROUP INC, currently with $$230.54 million in ACVA stock with ownership which is approximately 7.6846%.
