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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
NASDAQ:ACVA

ACV Auctions - ACVA Stock Forecast, Price & News

$8.79
+0.33 (+3.90%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$8.30
$8.90
50-Day Range
$6.66
$9.12
52-Week Range
$6.10
$20.81
Volume
1.10 million shs
Average Volume
1.40 million shs
Market Capitalization
$1.39 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.33

ACV Auctions MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
64.4% Upside
$14.45 Price Target
Short Interest
Healthy
6.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of ACV Auctions in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$19.28 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.67) to ($0.48) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

Retail/Wholesale Sector

88th out of 210 stocks

Business Services, Not Elsewhere Classified Industry

38th out of 93 stocks

ACVA stock logo

About ACV Auctions (NASDAQ:ACVA) Stock

ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. It also provides data services that offer insights into the condition and value of used vehicles, as well as offers customer financing services. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.

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ACVA Stock News Headlines

ACV Auctions Insider Trades Send a Signal
ACV Auctions 10% Owner Trades Company's Stock
ACV Auctions lowers 2022 revenue projections
ACV Announces Third Quarter 2022 Results
ACV Auctions Inc
ACV Auctions Continues To Gain
What 5 Analyst Ratings Have To Say About ACV Auctions
ACV Announces Second Quarter 2022 Results
Earnings Preview: ACV Auctions
See More Headlines
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ACVA Company Calendar

Last Earnings
11/09/2021
Today
12/07/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/15/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:ACVA
Fax
N/A
Employees
1,910
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.45
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+74.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$-78,180,000.00
Pretax Margin
-24.27%

Debt

Sales & Book Value

Annual Sales
$358.43 million
Book Value
$3.56 per share

Miscellaneous

Free Float
139,799,000
Market Cap
$1.39 billion
Optionable
Not Optionable
Beta
1.44

Key Executives

  • Mr. George G. Chamoun (Age 47)
    CEO & Director
    Comp: $824k
  • Mr. Vikas Mehta (Age 46)
    Chief Operating Officer
    Comp: $656.3k
  • Mr. Michael WatermanMr. Michael Waterman (Age 53)
    Chief Sales Officer
    Comp: $586.48k
  • Mr. Joseph Neiman
    Founder & Chief Customer Success Officer
  • Mr. William R. Zerella (Age 65)
    Chief Financial Officer
  • Mr. Bahman Koohestani (Age 60)
    Chief Technology Officer
  • Mr. Timothy M. Fox
    VP of Investor Relations
  • Ms. Leanne Fitzgerald (Age 56)
    Chief Legal Officer & Sec.
  • Ms. Maura Duggan
    Associate Director of Communications
  • Mr. Craig Eric AndersonMr. Craig Eric Anderson (Age 45)
    Chief Corp. Devel. & Strategy Officer













ACVA Stock - Frequently Asked Questions

Should I buy or sell ACV Auctions stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ACV Auctions in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACVA shares.
View ACVA analyst ratings
or view top-rated stocks.

What is ACV Auctions' stock price forecast for 2023?

8 equities research analysts have issued 12 month target prices for ACV Auctions' shares. Their ACVA share price forecasts range from $10.00 to $21.00. On average, they anticipate the company's stock price to reach $14.45 in the next twelve months. This suggests a possible upside of 64.4% 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 2022?

ACV Auctions' stock was trading at $18.84 at the beginning of 2022. Since then, ACVA shares have decreased by 53.3% and is now trading at $8.79.
View the best growth stocks for 2022 here
.

Are investors shorting ACV Auctions?

ACV Auctions saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 7,090,000 shares, a decrease of 11.5% from the October 31st total of 8,010,000 shares. Based on an average trading volume of 1,280,000 shares, the days-to-cover ratio is currently 5.5 days. Approximately 6.3% of the shares of the stock are sold short.
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, February 15th 2023.
View our ACVA earnings forecast
.

How were ACV Auctions' earnings last quarter?

ACV Auctions Inc. (NASDAQ:ACVA) issued its quarterly earnings results on Tuesday, November, 9th. The company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.01. The firm had revenue of $91.80 million for the quarter, compared to the consensus estimate of $88.03 million. ACV Auctions had a negative trailing twelve-month return on equity of 17.90% and a negative net margin of 24.54%.

What guidance has ACV Auctions issued on next quarter's earnings?

ACV Auctions issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $97.00 million-$100.00 million, compared to the consensus revenue estimate of $104.83 million.

When did ACV Auctions IPO?

(ACVA) raised $315 million in an initial public offering (IPO) 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.

What is ACV Auctions' stock symbol?

ACV Auctions trades on the NASDAQ under the ticker symbol "ACVA."

Who are ACV Auctions' major shareholders?

ACV Auctions' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.64%), BlackRock Inc. (4.79%), Iridian Asset Management LLC CT (2.85%), New York State Common Retirement Fund (2.67%), Massachusetts Financial Services Co. MA (2.59%) and Engle Capital Management L.P. (1.93%). Insiders that own company stock include Bessemer Venture Partners Ix L, Brian Hirsch, Craig Eric Anderson, George Chamoun, Michael Waterman and Robert P Goodman.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ACV Auctions' stock price today?

One share of ACVA stock can currently be purchased for approximately $8.79.

How much money does ACV Auctions make?

ACV Auctions (NASDAQ:ACVA) has a market capitalization of $1.39 billion and generates $358.43 million in revenue each year. The company earns $-78,180,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis.

How many employees does ACV Auctions have?

The company employs 1,910 workers across the globe.

How can I contact ACV Auctions?

ACV Auctions' mailing address is 640 ELLICOTT STREET SUITE 321, BUFFALO NY, 14203. The official website for the company is www.acvauctions.com. The company can be reached via phone at 800-553-4070 or via email at acvauctionsir@icrinc.com.

This page (NASDAQ:ACVA) was last updated on 12/8/2022 by MarketBeat.com Staff