The stock of Advantage Solutions Inc. (ADV) has gone down by -3.62% for the week, with a -0.93% drop in the past month and a 6.77% rise in the past quarter. The volatility ratio for the week is 4.23%, and the volatility levels for the past 30 days are 4.81% for ADV. The simple moving average for the past 20 days is -2.72% for ADV’s stock, with a 27.17% simple moving average for the past 200 days.
Is It Worth Investing in Advantage Solutions Inc. (NASDAQ: ADV) Right Now?
Moreover, the 36-month beta value for ADV is 1.63. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ADV is 23.13M and currently, short sellers hold a 31.66% of that float. On May 09, 2024, ADV’s average trading volume was 701.70K shares.
ADV) stock’s latest price update
Advantage Solutions Inc. (NASDAQ: ADV) has experienced a decline in its stock price by -0.47 compared to its previous closing price of 4.28. However, the company has seen a fall of -3.62% in its stock price over the last five trading days. GlobeNewsWire reported 2024-04-26 that ST. LOUIS, April 26, 2024 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (Nasdaq: ADV) announced today that the company will release its first quarter financial results at 7 a.m. ET on May 9, 2024, to be followed by a conference call at 8:30 a.m. ET on the same day.
Analysts’ Opinion of ADV
Many brokerage firms have already submitted their reports for ADV stocks, with Canaccord Genuity repeating the rating for ADV by listing it as a “Buy.” The predicted price for ADV in the upcoming period, according to Canaccord Genuity is $4 based on the research report published on December 06, 2023 of the previous year 2023.
Morgan Stanley, on the other hand, stated in their research note that they expect to see ADV reach a price target of $3. The rating they have provided for ADV stocks is “Equal-Weight” according to the report published on May 11th, 2023.
Deutsche Bank gave a rating of “Hold” to ADV, setting the target price at $7 in the report published on March 30th of the previous year.
ADV Trading at 1.38% from the 50-Day Moving Average
After a stumble in the market that brought ADV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.94% of loss for the given period.
Volatility was left at 4.81%, however, over the last 30 days, the volatility rate increased by 4.23%, as shares surge +3.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.77% upper at present.
During the last 5 trading sessions, ADV fell by -3.62%, which changed the moving average for the period of 200-days by +69.72% in comparison to the 20-day moving average, which settled at $4.39. In addition, Advantage Solutions Inc. saw 17.68% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ADV starting from Pestello Jack Anthony, who purchase 10,000 shares at the price of $3.87 back on Mar 11 ’24. After this action, Pestello Jack Anthony now owns 146,279 shares of Advantage Solutions Inc., valued at $38,700 using the latest closing price.
Growe Christopher, the Chief Financial Officer of Advantage Solutions Inc., purchase 10,000 shares at $3.49 during a trade that took place back on Mar 06 ’24, which means that Growe Christopher is holding 110,000 shares at $34,868 based on the most recent closing price.
Stock Fundamentals for ADV
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.12 for the gross margin
The net margin for Advantage Solutions Inc. stands at -0.01. The total capital return value is set at 0.02. Equity return is now at value -5.64, with -1.57 for asset returns.
Based on Advantage Solutions Inc. (ADV), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.69. The interest coverage ratio of the stock is 0.49.
Currently, EBITDA for the company is 364.4 million with net debt to EBITDA at 5.83. When we switch over and look at the enterprise to sales, we see a ratio of 0.75. The receivables turnover for the company is 5.92for trailing twelve months and the total asset turnover is 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.
Conclusion
To wrap up, the performance of Advantage Solutions Inc. (ADV) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
