Is ACV Auctions Stock a Good Investment?
ACV Auctions Investment Advice | ACVA |
- Examine ACV Auctions' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ACV Auctions' leadership team and their track record. Good management can help ACV Auctions navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Commercial Services & Supplies space and any emerging trends that could impact ACV Auctions' business and its evolving consumer preferences.
- Compare ACV Auctions' performance and market position to its competitors. Analyze how ACV Auctions is positioned in terms of product offerings, innovation, and market share.
- Check if ACV Auctions pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ACV Auctions' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ACV Auctions stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ACV Auctions is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ACV Auctions Stock
Researching ACV Auctions' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.47. ACV Auctions had not issued any dividends in recent years.
To determine if ACV Auctions is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ACV Auctions' research are outlined below:
| The company reported the previous year's revenue of 481.23 M. Net Loss for the year was (75.26 M) with profit before overhead, payroll, taxes, and interest of 48.35 M. | |
| ACV Auctions currently holds about 511.92 M in cash with (17.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.25. | |
| ACV Auctions has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Atreides Management, LP Reduces Stake in ACV Auctions Inc |
ACV Auctions Quarterly Good Will |
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ACV Auctions uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ACV Auctions. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ACV Auctions' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact ACV Auctions' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ACV Auctions' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-09 | 2022-09-30 | -0.17 | -0.15 | 0.02 | 11 | ||
2022-08-10 | 2022-06-30 | -0.18 | -0.16 | 0.02 | 11 | ||
2024-05-08 | 2024-03-31 | -0.09 | -0.12 | -0.03 | 33 | ||
2022-05-11 | 2022-03-31 | -0.16 | -0.19 | -0.03 | 18 | ||
2022-02-16 | 2021-12-31 | -0.2 | -0.17 | 0.03 | 15 | ||
2023-11-06 | 2023-09-30 | -0.15 | -0.11 | 0.04 | 26 | ||
2023-08-07 | 2023-06-30 | -0.14 | -0.1 | 0.04 | 28 | ||
2023-02-22 | 2022-12-31 | -0.19 | -0.15 | 0.04 | 21 |
Know ACV Auctions' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ACV Auctions is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ACV Auctions backward and forwards among themselves. ACV Auctions' institutional investor refers to the entity that pools money to purchase ACV Auctions' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 3.1 M | Jpmorgan Chase & Co | 2024-06-30 | 2.9 M | Nuveen Asset Management, Llc | 2024-06-30 | 2.7 M | Candlestick Capital Management Lp | 2024-06-30 | 2.6 M | Loomis, Sayles & Company Lp | 2024-06-30 | 2.5 M | Harris Associates L.p. | 2024-06-30 | 2.3 M | Dimensional Fund Advisors, Inc. | 2024-06-30 | 2.1 M | Cramer Rosenthal Mcglynn Llc | 2024-06-30 | 1.9 M | Timessquare Capital Management, Llc | 2024-09-30 | 1.8 M | Fmr Inc | 2024-06-30 | 17.3 M | Vanguard Group Inc | 2024-06-30 | 13.3 M |
ACV Auctions' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.47 B.Market Cap |
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ACV Auctions' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.10) | (0.11) | |
| Return On Capital Employed | (0.15) | (0.16) | |
| Return On Assets | (0.08) | (0.09) | |
| Return On Equity | (0.16) | (0.16) |
Determining ACV Auctions' profitability involves analyzing its financial statements and using various financial metrics to determine if ACV Auctions is a good buy. For example, gross profit margin measures ACV Auctions' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ACV Auctions' profitability and make more informed investment decisions.
Please note, the presentation of ACV Auctions' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ACV Auctions' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ACV Auctions' management manipulating its earnings.
Evaluate ACV Auctions' management efficiency
ACV Auctions has return on total asset (ROA) of (0.0498) % which means that it has lost $0.0498 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1664) %, meaning that it created substantial loss on money invested by shareholders. ACV Auctions' management efficiency ratios could be used to measure how well ACV Auctions manages its routine affairs as well as how well it operates its assets and liabilities. As of November 17, 2024, Return On Tangible Assets is expected to decline to -0.11. In addition to that, Return On Capital Employed is expected to decline to -0.16. At present, ACV Auctions' Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 18.7 M, whereas Total Assets are forecasted to decline to about 776.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.85 | 3.00 | |
| Tangible Book Value Per Share | 1.65 | 1.73 | |
| Enterprise Value Over EBITDA | (43.72) | (45.90) | |
| Price Book Value Ratio | 5.31 | 5.57 | |
| Enterprise Value Multiple | (43.72) | (45.90) | |
| Price Fair Value | 5.31 | 5.57 | |
| Enterprise Value | 2.4 B | 3.3 B |
The leadership approach at ACV Auctions' fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Beta 1.583 |
Basic technical analysis of ACV Stock
As of the 17th of November 2024, ACV Auctions shows the Mean Deviation of 1.74, coefficient of variation of 1454.02, and Market Risk Adjusted Performance of 0.0845. ACV Auctions technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.ACV Auctions' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ACV Auctions insiders, such as employees or executives, is commonly permitted as long as it does not rely on ACV Auctions' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ACV Auctions insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ACV Auctions' Outstanding Corporate Bonds
ACV Auctions issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ACV Auctions uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ACV bonds can be classified according to their maturity, which is the date when ACV Auctions has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand ACV Auctions' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ACV Auctions' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0585 | |||
| Market Risk Adjusted Performance | 0.0845 | |||
| Mean Deviation | 1.74 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.83 | |||
| Coefficient Of Variation | 1454.02 | |||
| Standard Deviation | 2.28 | |||
| Variance | 5.18 | |||
| Information Ratio | 0.0218 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0272 | |||
| Treynor Ratio | 0.0745 | |||
| Maximum Drawdown | 9.97 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.83 | |||
| Downside Variance | 3.34 | |||
| Semi Variance | 3.0 | |||
| Expected Short fall | (2.07) | |||
| Skewness | 0.9095 | |||
| Kurtosis | 1.49 |
| Risk Adjusted Performance | 0.0585 | |||
| Market Risk Adjusted Performance | 0.0845 | |||
| Mean Deviation | 1.74 | |||
| Semi Deviation | 1.73 | |||
| Downside Deviation | 1.83 | |||
| Coefficient Of Variation | 1454.02 | |||
| Standard Deviation | 2.28 | |||
| Variance | 5.18 | |||
| Information Ratio | 0.0218 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0272 | |||
| Treynor Ratio | 0.0745 | |||
| Maximum Drawdown | 9.97 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.83 | |||
| Downside Variance | 3.34 | |||
| Semi Variance | 3.0 | |||
| Expected Short fall | (2.07) | |||
| Skewness | 0.9095 | |||
| Kurtosis | 1.49 |
Consider ACV Auctions' intraday indicators
ACV Auctions intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ACV Auctions stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ACV Auctions Corporate Filings
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
ACV Stock media impact
Far too much social signal, news, headlines, and media speculation about ACV Auctions that are available to investors today. That information is available publicly through ACV media outlets and privately through word of mouth or via ACV internal channels. However, regardless of the origin, that massive amount of ACV data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ACV Auctions news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ACV Auctions relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ACV Auctions' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ACV Auctions alpha.
ACV Auctions Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ACV Auctions can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ACV Auctions Historical Investor Sentiment
Investor biases related to ACV Auctions' public news can be used to forecast risks associated with an investment in ACV. The trend in average sentiment can be used to explain how an investor holding ACV can time the market purely based on public headlines and social activities around ACV Auctions. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ACV Auctions' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ACV Auctions and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average ACV Auctions news discussions. The higher the estimate score, the more favorable the investor's outlook on ACV Auctions.
ACV Auctions Corporate Management
| Craig Anderson | Chief Officer | Profile | |
| Leanne Fitzgerald | Chief Secretary | Profile | |
| Leanne JD | Chief Secretary | Profile | |
| Maura Duggan | Associate Communications | Profile | |
| William Zerella | Chief Officer | Profile | |
| Sallie Reid | Chief Officer | Profile | |
| Timothy Fox | VP Relations | Profile |
Already Invested in ACV Auctions?
The danger of trading ACV Auctions is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ACV Auctions is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ACV Auctions. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ACV Auctions is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ACV Auctions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACV Auctions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acv Auctions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acv Auctions Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACV Auctions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ACV Auctions. If investors know ACV will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ACV Auctions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 3.644 | Quarterly Revenue Growth 0.44 | Return On Assets (0.05) | Return On Equity (0.17) |
The market value of ACV Auctions is measured differently than its book value, which is the value of ACV that is recorded on the company's balance sheet. Investors also form their own opinion of ACV Auctions' value that differs from its market value or its book value, called intrinsic value, which is ACV Auctions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ACV Auctions' market value can be influenced by many factors that don't directly affect ACV Auctions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between ACV Auctions' value and its price, as these two are different measures arrived at by various means. Investors typically determine if ACV Auctions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACV Auctions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.