Advantage Solutions Inc [NASDAQ: ADV] price surged by 11.11 percent to reach at $0.15.
A sum of 3677046 shares traded at recent session while its average daily volume was at 623.28K shares. Advantage Solutions Inc shares reached a high of $1.505 and dropped to a low of $1.365 until finishing in the latest session at $1.5.
The one-year ADV stock forecast points to a potential upside of 47.0. The average equity rating for ADV stock is currently 2.33, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Advantage Solutions Inc [ADV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ADV shares is $2.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ADV stock is a recommendation set at 2.33. 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.
Canaccord Genuity have made an estimate for Advantage Solutions Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 06, 2023. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on May 11, 2023, representing the official price target for Advantage Solutions Inc stock. Previously, the target price had yet another raise to $7, while Deutsche Bank analysts kept a Hold rating on ADV stock. On March 04, 2022, analysts decreased their price target for ADV shares from 12 to 7.
The Price to Book ratio for the last quarter was 0.69, with the Price to Cash per share for the same quarter was set at 0.42. Price to Free Cash Flow for ADV in the course of the last twelve months was 69.40 with Quick ratio for the last quarter at 1.99.
ADV Stock Performance Analysis:
Advantage Solutions Inc [ADV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.98. With this latest performance, ADV shares dropped by -3.23% in over the last four-week period, additionally sinking by -34.78% over the last 6 months – not to mention a drop of -48.63% 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 ADV stock in for the last two-week period is set at 52.68, with the RSI for the last a single of trading hit 0.1205, and the three-weeks RSI is set at 0.1256 for Advantage Solutions Inc [ADV]. The present Moving Average for the last 50 days of trading for this stock 1.3728, while it was recorded at 1.4340 for the last single week of trading, and 2.2782 for the last 200 days.
Insight into Advantage Solutions Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Advantage Solutions Inc [ADV] shares currently have an operating margin of 0.73% and a Gross Margin at 8.27%. Advantage Solutions Inc’s Net Margin is presently recorded at -11.79%.
Advantage Solutions Inc (ADV) Capital Structure & Debt Analysis
According to recent financial data for Advantage Solutions Inc. ( ADV), the Return on Equity (ROE) stands at -42.89%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -11.57%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Advantage Solutions Inc’s Return on Invested Capital (ROIC) is -17.62%, showcasing its effectiveness in deploying capital for earnings.
Advantage Solutions Inc (ADV) Efficiency & Liquidity Metrics
Based on Advantage Solutions Inc’s (ADV) latest financial statements, the Debt-to-Equity Ratio is 2.38%, indicating its reliance on debt financing relative to shareholder equity.
Advantage Solutions Inc (ADV) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Advantage Solutions Inc. (ADV) effectively leverages its workforce, generating an average of -$6027.1 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.99% and a Quick Ratio of 1.99%, indicating strong ability to cover short-term liabilities.
Advantage Solutions Inc [ADV] Institutonal Ownership Details
There are presently around $31.99%, or 82.30% of ADV stock, in the hands of institutional investors. The top three institutional holders of ADV stocks are: LEONARD GREEN & PARTNERS, L.P. with ownership of 15.45 million shares, which is approximately 4.7864%. CVC MANAGEMENT HOLDINGS II LTD., holding 15.29 million shares of the stock with an approximate value of $$49.23 million in ADV stocks shares; and CVC MANAGEMENT HOLDINGS II LTD., currently with $$42.78 million in ADV stock with ownership which is approximately 4.1158%.
