NASDAQ:ACVA ACV Auctions (ACVA) Stock Price, News & Analysis → Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years (From Banyan Hill Publishing) (Ad) Free acva Stock Alerts $17.81 +0.43 (+2.47%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$17.54▼$18.0050-Day Range$16.39▼$19.1552-Week Range$12.84▼$19.54Volume1.13 million shsAverage Volume819,540 shsMarket Capitalization$2.92 billionP/E RatioN/ADividend YieldN/APrice Target$20.21 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get ACV Auctions alerts: Email Address ACV Auctions MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside13.5% Upside$20.21 Price TargetShort InterestBearish6.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.16Based on 2 Articles This WeekInsider TradingSelling Shares$27.13 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.29) to $0.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.43 out of 5 starsRetail/Wholesale Sector164th out of 202 stocksBusiness Services, Not Elsewhere Classified Industry76th out of 88 stocks 2.4 Analyst's Opinion Consensus RatingACV Auctions has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageACV Auctions has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.30% of the float of ACV Auctions has been sold short.Short Interest Ratio / Days to CoverACV Auctions has a short interest ratio ("days to cover") of 7.3.Change versus previous monthShort interest in ACV Auctions has recently decreased by 0.56%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldACV Auctions does not currently pay a dividend.Dividend GrowthACV Auctions does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ACVA. Previous Next 2.3 News and Social Media Coverage News SentimentACV Auctions has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for ACV Auctions this week, compared to 4 articles on an average week.MarketBeat FollowsOnly 2 people have added ACV Auctions to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ACV Auctions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $27,126,374.00 in company stock.Percentage Held by Insiders13.67% of the stock of ACV Auctions is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.55% of the stock of ACV Auctions is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for ACV Auctions are expected to grow in the coming year, from ($0.29) to $0.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ACV Auctions is -38.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of ACV Auctions is -38.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioACV Auctions has a P/B Ratio of 6.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)Watch my video for all of the details About ACV Auctions Stock (NASDAQ:ACVA)ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. The company's marketplace platform includes digital marketplace, which connects buyers and sellers by providing online auction, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes and status reports of the vehicle; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green's seller assurance service for against claims related to defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage for dealers and commercial partners. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.Read More ACVA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ACVA Stock News HeadlinesApril 19, 2024 | insidertrades.comWilliam Zerella Sells 32,500 Shares of ACV Auctions Inc. (NASDAQ:ACVA) StockApril 13, 2024 | insidertrades.comCraig Eric Anderson Sells 7,500 Shares of ACV Auctions Inc. (NASDAQ:ACVA) StockMay 5, 2024 | Altimetry (Ad)Stock-Picking AI Predicts #1 Stock of 2024Since the start of the year, the top 10 investment funds in the world – including Vanguard, Blackrock, Fidelity and JP Morgan – have made nearly $1 trillion in profits on these 7 stocks.April 6, 2024 | insidertrades.comInsider Selling: ACV Auctions Inc. (NASDAQ:ACVA) COO Sells 13,399 Shares of StockApril 26, 2024 | bizjournals.comLivio Forte of ACV AuctionsApril 24, 2024 | finance.yahoo.comACV to Report First Quarter 2024 Financial Results on May 8, 2024April 18, 2024 | bizjournals.comACV's 2024 proxy statement reveals board makeup, pay and moreApril 17, 2024 | investing.comACV expands logistics services to non-platform vehicle deliveriesMay 5, 2024 | Altimetry (Ad)Stock-Picking AI Predicts #1 Stock of 2024Since the start of the year, the top 10 investment funds in the world – including Vanguard, Blackrock, Fidelity and JP Morgan – have made nearly $1 trillion in profits on these 7 stocks.April 15, 2024 | msn.comACV Auctions adds services for vehicles purchased outside its platformApril 15, 2024 | globenewswire.comACV Transportation Expands Services to Vehicles Purchased Outside of the ACV PlatformApril 13, 2024 | uk.investing.comAcv auctions executive sells $138,750 in stockApril 7, 2024 | investing.comACV Auctions COO sells over $2.2 million in company stockApril 5, 2024 | finance.yahoo.comInsider Sell: COO Vikas Mehta Sells 121,741 Shares of ACV Auctions Inc (ACVA)April 4, 2024 | finance.yahoo.comInsider Sell: COO Vikas Mehta Sells 78,259 Shares of ACV Auctions Inc (ACVA)April 2, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Dick’s Sporting Goods (DKS), ACV Auctions (ACVA) and DR Horton (DHI)April 2, 2024 | finance.yahoo.comDoes ACV Auctions (ACVA) Have the Potential to Create a Strong Competitive Moat?March 23, 2024 | investing.comACV Auctions CEO sells over $6 million in company stockMarch 14, 2024 | investing.comACV Auctions Inc (ACVA)March 3, 2024 | finance.yahoo.comACVA Apr 2024 17.500 putFebruary 28, 2024 | finance.yahoo.comACVA Aug 2024 15.000 putFebruary 28, 2024 | finance.yahoo.comACV to Participate in The Citizens JMP Technology ConferenceFebruary 27, 2024 | finance.yahoo.comACV Auctions Inc. (NASDAQ:ACVA) Q4 2023 Earnings Call TranscriptFebruary 24, 2024 | finance.yahoo.comACV Auctions Inc. (NASDAQ:ACVA) Just Released Its Annual Earnings: Here's What Analysts ThinkFebruary 24, 2024 | seekingalpha.comACV Auctions: Positive On EBITDA Beat And Above-Expectations Revenue Guidance (Rating Upgrade)February 24, 2024 | seekingalpha.comACV Auctions Inc. 2023 Q4 - Results - Earnings Call PresentationFebruary 23, 2024 | finance.yahoo.comCarvana Stock Soars With Earnings Outlook Seen 'Driving The Squeeze'See More Headlines Receive ACVA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ACV Auctions and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Today5/05/2024Next Earnings (Confirmed)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:ACVA CUSIPN/A CIK1637873 Webwww.acvauctions.com Phone800-553-4070FaxN/AEmployees2,170Year FoundedN/APrice Target and Rating Average Stock Price Target$20.21 High Stock Price Target$23.00 Low Stock Price Target$15.00 Potential Upside/Downside+13.5%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.46) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,260,000.00 Net Margins-15.64% Pretax Margin-15.53% Return on Equity-13.97% Return on Assets-6.89% Debt Debt-to-Equity Ratio0.25 Current Ratio2.12 Quick Ratio2.12 Sales & Book Value Annual Sales$481.23 million Price / Sales6.07 Cash FlowN/A Price / Cash FlowN/A Book Value$2.82 per share Price / Book6.32Miscellaneous Outstanding Shares163,890,000Free Float141,488,000Market Cap$2.92 billion OptionableOptionable Beta1.56 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Vikas Mehta (Age 48)Chief Operating Officer Comp: $759.82kMs. Leanne Fitzgerald (Age 58)Chief Legal Officer & Secretary Comp: $492.33kMr. Michael Waterman (Age 55)Chief Sales Officer Comp: $713.13kMr. Bahman Koohestani (Age 62)Chief Technology Officer Mr. Timothy M. FoxVP of Investor RelationsMs. Maura DugganAssociate Director of CommunicationsMr. Craig Eric Anderson (Age 47)Chief Corporate Development & Strategy Officer Ms. Kate Cadou CleggChief Marketing OfficerMs. Sallie ReidChief People OfficerMr. Greg BorowskiVice President of Product SolutionsMore ExecutivesKey CompetitorsLegalZoom.comNASDAQ:LZOPENLANENYSE:KARShutterstockNYSE:SSTKFranchise GroupNASDAQ:FRGFiverr InternationalNYSE:FVRRView All CompetitorsInsiders & InstitutionsJennison Associates LLCBought 393,423 shares on 5/2/2024Ownership: 2.413%Iridian Asset Management LLC CTSold 147,921 shares on 5/2/2024Ownership: 0.761%Mirae Asset Global Investments Co. Ltd.Sold 155,403 shares on 5/1/2024Ownership: 0.031%Commonwealth Equity Services LLCSold 20,900 shares on 4/30/2024Ownership: 0.040%Joel Isaacson & Co. LLCSold 25,500 shares on 4/30/2024Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions ACVA Stock Analysis - Frequently Asked Questions Should I buy or sell ACV Auctions stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ACV Auctions in the last twelve months. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ACVA shares. View ACVA analyst ratings or view top-rated stocks. What is ACV Auctions' stock price target for 2024? 11 Wall Street analysts have issued 1-year price objectives for ACV Auctions' stock. Their ACVA share price targets range from $15.00 to $23.00. On average, they expect the company's stock price to reach $20.21 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price. View analysts price targets for ACVA or view top-rated stocks among Wall Street analysts. How have ACVA shares performed in 2024? ACV Auctions' stock was trading at $15.15 on January 1st, 2024. Since then, ACVA stock has increased by 17.6% and is now trading at $17.81. View the best growth stocks for 2024 here. Are investors shorting ACV Auctions? ACV Auctions saw a decline in short interest in March. As of March 31st, there was short interest totaling 9,000,000 shares, a decline of 9.0% from the March 15th total of 9,890,000 shares. Based on an average trading volume of 1,240,000 shares, the days-to-cover ratio is currently 7.3 days. Currently, 6.6% of the shares of the company are short sold. View ACV Auctions' Short Interest. When is ACV Auctions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our ACVA earnings forecast. How can I listen to ACV Auctions' earnings call? ACV Auctions will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were ACV Auctions' earnings last quarter? ACV Auctions Inc. (NASDAQ:ACVA) released its quarterly earnings results on Wednesday, February, 21st. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.01. The business earned $118.38 million during the quarter, compared to the consensus estimate of $117.62 million. ACV Auctions had a negative net margin of 15.64% and a negative trailing twelve-month return on equity of 13.97%. What ETFs hold ACV Auctions' stock? ETFs with the largest weight of ACV Auctions (NASDAQ:ACVA) stock in their portfolio include Global X E-Commerce ETF (EBIZ).WisdomTree Growth Leaders Fund (PLAT). What guidance has ACV Auctions issued on next quarter's earnings? ACV Auctions issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $141.0 million-$146.0 million, compared to the consensus revenue estimate of $141.6 million. When did ACV Auctions IPO? ACV Auctions (ACVA) raised $315 million in an initial public offering on Wednesday, March 24th 2021. The company issued 16,600,000 shares at a price of $18.00-$20.00 per share. Goldman Sachs, J.P. Morgan, Citigroup, BofA Securities, Jefferies, Canaccord Genuity, Guggenheim Securities, JMP Securities, Piper Sandler and Raymond James acted as the underwriters for the IPO. Who are ACV Auctions' major shareholders? ACV Auctions' stock is owned by a number of retail and institutional investors. Top institutional investors include Jennison Associates LLC (2.41%), Riverbridge Partners LLC (2.27%), Iridian Asset Management LLC CT (0.76%), Deepwater Asset Management LLC (0.48%), Congress Asset Management Co. MA (0.29%) and Commonwealth Equity Services LLC (0.04%). Insiders that own company stock include Bessemer Venture Partners Ix L, Brian Hirsch, Craig Eric Anderson, George Chamoun, Kirsten Castillo, Michael Waterman, Robert P Goodman, Vikas Mehta and William Zerella. View institutional ownership trends. How do I buy shares of ACV Auctions? Shares of ACVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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