NASDAQ:ACVA ACV Auctions (ACVA) Stock Forecast, Price & News $14.69 +0.16 (+1.10%) (As of 10:58 AM ET) Add Compare Share Share Today's Range$14.48▼$14.7450-Day Range$14.53▼$18.3252-Week Range$6.51▼$18.68Volume81,132 shsAverage Volume1.25 million shsMarket Capitalization$2.36 billionP/E RatioN/ADividend YieldN/APrice Target$19.07 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media ACV Auctions MarketRank™ ForecastAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside29.8% Upside$19.07 Price TargetShort InterestHealthy5.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.40Based on 5 Articles This WeekInsider TradingSelling Shares$9.53 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.50) to ($0.19) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.40 out of 5 starsRetail/Wholesale Sector89th out of 202 stocksBusiness Services, Not Elsewhere Classified Industry37th out of 88 stocks 4.4 Analyst's Opinion Consensus RatingACV Auctions has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.07, ACV Auctions has a forecasted upside of 29.8% from its current price of $14.69.Amount of Analyst CoverageACV Auctions has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.36% 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 5.3.Change versus previous monthShort interest in ACV Auctions has recently decreased by 5.11%, indicating that investor sentiment is improving significantly. 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 0.9 News and Social Media Coverage News SentimentACV Auctions has a news sentiment score of -0.40. 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 lower news sentiment than the 0.56 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for ACV Auctions this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 4 people have added ACV Auctions to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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 $9,534,220.00 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 Institutions78.56% 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 ($0.50) to ($0.19) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ACV Auctions is -28.25, 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 -28.25, 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 4.79. 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 About ACV Auctions (NASDAQ:ACVA) StockACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. The company provides data services insights into the condition and value of used vehicles, as well as customer financing services. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.Read More ACVA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ACVA Stock News HeadlinesSeptember 17, 2023 | americanbankingnews.comACV Auctions Inc. (NASDAQ:ACVA) Major Shareholder Bessemer Venture Partners Ix L Sells 128,479 SharesSeptember 16, 2023 | americanbankingnews.comInsider Selling: ACV Auctions Inc. (NASDAQ:ACVA) CEO Sells 64,383 Shares of StockSeptember 22, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 16, 2023 | americanbankingnews.comGeorge Chamoun Sells 83,895 Shares of ACV Auctions Inc. (NASDAQ:ACVA) StockSeptember 15, 2023 | finance.yahoo.comInsider Sell: CEO George Chamoun Sells 245,474 Shares of ACV Auctions Inc (ACVA)September 14, 2023 | finance.yahoo.comInsider Sell: Craig Anderson Sells 15,000 Shares of ACV Auctions Inc (ACVA)September 12, 2023 | seekingalpha.comACV Auctions: Wait For The PullbackAugust 30, 2023 | finance.yahoo.comACV Prioritizes User Experience and Customer Communication Enhancements, Adding Chat to Its Robust OptionsSeptember 22, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...August 23, 2023 | finance.yahoo.comACV Announces Participation in Upcoming Investor ConferencesAugust 11, 2023 | markets.businessinsider.comBarrington Reaffirms Their Buy Rating on ACV Auctions (ACVA)August 8, 2023 | finance.yahoo.comQ2 2023 ACV Auctions Inc Earnings CallAugust 8, 2023 | bizjournals.comACV Auctions predicts used car market will return to normalcy by 2026August 8, 2023 | markets.businessinsider.comGoldman Sachs Reaffirms Their Buy Rating on ACV Auctions (ACVA)August 8, 2023 | markets.businessinsider.comJMP Securities Reaffirms Their Buy Rating on ACV Auctions (ACVA)August 8, 2023 | finance.yahoo.comACV Announces Second Quarter 2023 ResultsAugust 8, 2023 | finance.yahoo.comACV Auctions Inc. (NASDAQ:ACVA) Q2 2023 Earnings Call TranscriptAugust 7, 2023 | seekingalpha.comACV Auctions Inc. 2023 Q2 - Results - Earnings Call PresentationJuly 27, 2023 | finance.yahoo.comACV Auctions Inc. (NASDAQ:ACVA) Shares Could Be 45% Below Their Intrinsic Value EstimateJuly 27, 2023 | msn.comJefferies Maintains ACV Auctions Inc - (ACVA) Buy RecommendationJuly 20, 2023 | msn.comB. Riley Securities Initiates Coverage of ACV Auctions Inc - (ACVA) with Buy RecommendationJuly 18, 2023 | markets.businessinsider.comAnalysts Conflicted on These Technology Names: CD Projekt SA (OtherOTGLF) and ACV Auctions (ACVA)July 17, 2023 | finance.yahoo.comACV to Report Second Quarter 2023 Financial Results and Participate in the Canaccord Genuity 43rd Annual Growth ConferenceJuly 14, 2023 | msn.comJP Morgan Downgrades ACV Auctions Inc - (ACVA)July 13, 2023 | fool.comACV Auctions (NASDAQ: ACVA)July 6, 2023 | msn.comACV Auctions Inc - (ACVA) Price Target Increased by 9.74% to 19.89July 5, 2023 | msn.comPiper Sandler Maintains ACV Auctions Inc - (ACVA) Neutral RecommendationSee 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 ACVA Company Calendar Last Earnings8/07/2023Today9/22/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:ACVA CUSIPN/A CIK1637873 Webwww.acvauctions.com Phone800-553-4070FaxN/AEmployees2,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.07 High Stock Price Forecast$23.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+29.8%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.52) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-102,190,000.00 Net Margins-18.33% Pretax Margin-18.31% Return on Equity-16.17% Return on Assets-8.38% Debt Debt-to-Equity Ratio0.22 Current Ratio2.18 Quick Ratio2.18 Sales & Book Value Annual Sales$421.53 million Price / Sales5.60 Cash FlowN/A Price / Cash FlowN/A Book Value$3.07 per share Price / Book4.79Miscellaneous Outstanding Shares160,760,000Free Float138,782,000Market Cap$2.36 billion OptionableNot Optionable Beta1.35 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. George G. Chamoun (Age 48)CEO & Director Comp: $1.12MMr. William R. Zerella (Age 66)Chief Financial Officer Comp: $778.59kMr. Vikas Mehta (Age 47)Chief Operating Officer Comp: $759.82kMs. Leanne Fitzgerald (Age 57)Chief Legal Officer & Sec. Comp: $492.33kMr. Michael Waterman (Age 54)Chief Sales Officer Comp: $713.13kMr. Bahman Koohestani (Age 61)Chief Technology Officer Mr. Timothy M. FoxVP of Investor RelationsMs. Maura DugganAssociate Director of CommunicationsMr. Craig Eric Anderson (Age 46)Chief Corp. Devel. & Strategy Officer Ms. Kate Cadou CleggChief Marketing OfficerMore ExecutivesKey CompetitorsFarfetchNYSE:FTCHBoot BarnNYSE:BOOTPapa John's InternationalNASDAQ:PZZAKohl'sNYSE:KSSShake ShackNYSE:SHAKView All CompetitorsInsiders & InstitutionsBarclays PLCSold 11,485 shares on 9/21/2023Ownership: 0.030%Bessemer Venture Partners Ix LSold 39,073 sharesTotal: $617,353.40 ($15.80/share)George ChamounSold 64,383 sharesTotal: $1.01 M ($15.74/share)Bessemer Venture Partners Ix LSold 128,479 sharesTotal: $2.08 M ($16.21/share)George ChamounSold 83,895 sharesTotal: $1.36 M ($16.21/share)View All Insider TransactionsView All Institutional Transactions ACVA Stock - Frequently Asked Questions Should I buy or sell ACV Auctions stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ACV Auctions in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ACVA shares. View ACVA analyst ratings or view top-rated stocks. What is ACV Auctions' stock price forecast for 2023? 11 Wall Street analysts have issued 12-month price objectives for ACV Auctions' stock. Their ACVA share price forecasts range from $12.00 to $23.00. On average, they predict the company's share price to reach $19.07 in the next year. This suggests a possible upside of 29.8% 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 2023? ACV Auctions' stock was trading at $8.21 at the beginning of 2023. Since then, ACVA stock has increased by 78.9% and is now trading at $14.69. View the best growth stocks for 2023 here. When is ACV Auctions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our ACVA earnings forecast. How were ACV Auctions' earnings last quarter? ACV Auctions Inc. (NASDAQ:ACVA) issued its quarterly earnings results on Monday, August, 7th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.06. The business earned $124.22 million during the quarter, compared to analyst estimates of $119.44 million. ACV Auctions had a negative net margin of 18.33% and a negative trailing twelve-month return on equity of 16.17%. 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) and Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ).WisdomTree Growth Leaders Fund (PLAT). What guidance has ACV Auctions issued on next quarter's earnings? ACV Auctions updated its third quarter 2023 earnings guidance on Monday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $115.00 million-$119.00 million, compared to the consensus revenue estimate of $118.57 million. When did ACV Auctions IPO? (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. 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 ArrowMark Colorado Holdings LLC (8.34%), BlackRock Inc. (5.51%), Alliancebernstein L.P. (3.19%), William Blair Investment Management LLC (2.52%), JPMorgan Chase & Co. (2.47%) and Candlestick Capital Management LP (2.36%). 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 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 $14.69. How much money does ACV Auctions make? ACV Auctions (NASDAQ:ACVA) has a market capitalization of $2.36 billion and generates $421.53 million in revenue each year. The company earns $-102,190,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis. How many employees does ACV Auctions have? The company employs 2,000 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 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ACV Auctions Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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