Advantage Solutions Inc. (NASDAQ: ADV)’s stock price has plunge by -0.63relation to previous closing price of 3.18. Nevertheless, the company has seen a 3.27% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-06 that ST. LOUIS, Sept. 06, 2024 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ: ADV) announced today that Chris Growe, Chief Financial Officer, will meet with investors at the Wells Fargo 7th Annual Consumer Conference in Dana Point, Calif., on September 18, 2024. Contact your Wells Fargo representative for more details about attending the conference and scheduling a meeting with Advantage Solutions.
Is It Worth Investing in Advantage Solutions Inc. (NASDAQ: ADV) Right Now?
The 36-month beta value for ADV is at 1.55. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for ADV is 21.40M, and currently, shorts hold a 41.04% of that float. The average trading volume for ADV on October 18, 2024 was 704.06K shares.
ADV’s Market Performance
ADV stock saw a decrease of 3.27% in the past week, with a monthly decline of -18.77% and a quarterly a decrease of -14.59%. The volatility ratio for the week is 4.40%, and the volatility levels for the last 30 days are 4.64% for Advantage Solutions Inc. (ADV). The simple moving average for the last 20 days is -4.60% for ADV stock, with a simple moving average of -15.50% for the last 200 days.
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 -11.43% 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 -36.16% of loss for the given period.
Volatility was left at 4.64%, however, over the last 30 days, the volatility rate increased by 4.40%, as shares sank -21.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.07% lower at present.
During the last 5 trading sessions, ADV rose by +3.27%, which changed the moving average for the period of 200-days by -12.22% in comparison to the 20-day moving average, which settled at $3.31. In addition, Advantage Solutions Inc. saw -12.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ADV starting from PEACOCK DAVID A, who purchase 15,000 shares at the price of $3.40 back on Sep 09 ’24. After this action, PEACOCK DAVID A now owns 2,335,396 shares of Advantage Solutions Inc., valued at $50,961 using the latest closing price.
PEACOCK DAVID A, the Chief Executive Officer of Advantage Solutions Inc., purchase 40,000 shares at $2.79 during a trade that took place back on Jun 21 ’24, which means that PEACOCK DAVID A is holding 2,320,396 shares at $111,584 based on the most recent closing price.
Stock Fundamentals for ADV
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.1 for the gross margin
The net margin for Advantage Solutions Inc. stands at -0.05. The total capital return value is set at 0.01. Equity return is now at value -16.27, with -4.44 for asset returns.
Based on Advantage Solutions Inc. (ADV), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.81. The interest coverage ratio of the stock is 0.22.
Currently, EBITDA for the company is 364.4 million with net debt to EBITDA at 6.47. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 6.07for 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 2.12.
Conclusion
In conclusion, Advantage Solutions Inc. (ADV) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
