Advantage Solutions Inc. (NASDAQ: ADV) is -69.20% lower on its value in year-to-date trading and has touched a low of $1.95 and a high of $8.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADV stock was last observed hovering at around $2.39 in the last trading session, with the day’s gains setting it 0.08% off its average median price target of $4.00 for the next 12 months. It is also 58.83% off the consensus price target high of $6.00 offered by 3 analysts, but current levels are 5.0% higher than the price target low of $2.60 for the same period.
Currently trading at $2.47, the stock is -17.25% and -8.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.24 million and changing 3.35% at the moment leaves the stock -44.40% off its SMA200. ADV registered -69.51% loss for a year compared to 6-month loss of -42.69%.
The stock witnessed a -20.32% gain in the last 1 month and extending the period to 3 months gives it a -38.25%, and is -4.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.35% over the week and 7.03% over the month.
Advantage Solutions Inc. (ADV) has around 20000 employees, a market worth around $771.68M and $3.98B in sales. Current P/E ratio is 11.60 and Fwd P/E is 4.36. Profit margin for the company is 1.70%. Distance from 52-week low is 26.99% and -70.38% from its 52-week high. The company has generated returns on investments over the last 12 months (4.30%).
Advantage Solutions Inc. (ADV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Advantage Solutions Inc. (ADV) is a “Hold”. 3 analysts offering their recommendations for the stock have an average rating of 3.00, where 3 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 133.30% this year
Advantage Solutions Inc. (ADV) Top Institutional Holders
The shares outstanding are 318.82M, and float is at 97.56M with Short Float at 4.93%.
Advantage Solutions Inc. (ADV) Insider Activity
A total of 0 insider transactions have happened at Advantage Solutions Inc. (ADV) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Ratzan Brian K., the company’s Director. SEC filings show that Ratzan Brian K. bought 100,000 shares of the company’s common stock on Sep 16 at a price of $2.47 per share for a total of $0.25 million. Following the purchase, the insider now owns 0.15 million shares.
Advantage Solutions Inc. disclosed in a document filed with the SEC on Mar 08 that KILTS JAMES M (Director) bought a total of 17,158 shares of the company’s common stock. The trade occurred on Mar 08 and was made at $5.56 per share for $95398.0. Following the transaction, the insider now directly holds 0.19 million shares of the ADV stock.
Still, SEC filings show that on Mar 07, KILTS JAMES M (Director) acquired 56,209 shares at an average price of $5.59 for $0.31 million. The insider now directly holds 176,129 shares of Advantage Solutions Inc. (ADV).