ACV Auctions Inc [NASDAQ: ACVA] traded at a high on Wednesday, posting a 3.63 gain after which it closed the day’ session at $14.28.
The results of the trading session contributed to over 5226181 shares changing hands. Over the past one week, the price volatility of ACV Auctions Inc stands at 7.73% while the volatility over the past one month is 5.81%.
The market cap for ACVA stock reached $2.41 billion, with 168.03 million shares outstanding and 160.90 million shares in the current float. Compared to the average trading volume of 1.69M shares, ACVA reached a trading volume of 5226181 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $23.95 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 1.31. 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.
BofA Securities have made an estimate for ACV Auctions Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Mar-13-25. While these analysts kept the previous recommendation, Stephens raised their target price to Equal-Weight. The new note on the price target was released on January 22, 2025, representing the official price target for ACV Auctions Inc stock. Previously, the target price had yet another raise to $22, while Raymond James analysts kept a Mkt Perform rating on ACVA stock.
The Average True Range (ATR) for ACV Auctions Inc is set at 0.97, with the Price to Sales ratio for ACVA stock in the period of the last 12 months amounting to 3.78. The Price to Book ratio for the last quarter was 5.45, with the Price to Cash per share for the same quarter was set at 1.60. Price to Free Cash Flow for ACVA in the course of the last twelve months was 39.60 with Quick ratio for the last quarter at 1.56.
How has ACVA stock performed recently?
ACV Auctions Inc [ACVA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.11. With this latest performance, ACVA shares dropped by -33.89% in over the last four-week period, additionally sinking by -25.82% over the last 6 months – not to mention a drop of -20.31% 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 28.47, with the RSI for the last a single of trading hit 30.51, and the three-weeks RSI is set at 29.85 for ACV Auctions Inc [ACVA]. The present Moving Average for the last 50 days of trading for this stock 19.55, while it was recorded at 13.89 for the last single week of trading, and 19.19 for the last 200 days.
ACV Auctions Inc [ACVA]: Deeper insight into the fundamentals
ACV Auctions Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.56 and a Current Ratio set at 1.56.
Earnings analysis for ACV Auctions Inc [ACVA]
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 155.06%.
Insider trade positions for ACV Auctions Inc [ACVA]
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%.
