Holdings of Advantage Solutions Inc. (ADV) are aligned with the stars

Advantage Solutions Inc. (NASDAQ: ADV) stock fell -1.05% on Tuesday to $1.88 against a previous-day closing price of $1.90. With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.54 million shares. During the session, the Advertising Agencies company that operates in wider Communication Services sector, reached to the highest price of $2.0100 whereas the lowest price it dropped to was $1.8700. The 52-week range on ADV shows that it touched its highest point at $4.64 and its lowest point at $1.13 during that stretch. It currently has a 1-year price target of $3.30. Beta for the stock currently stands at 1.49.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ADV was up-trending over the past week, with a rise of 14.63%, but this was up by 52.85% over a month. Three-month performance dropped to -22.31% while six-month performance fell -28.79%. The stock lost -57.08% in the past year, while it has lost -9.62% so far this year. A look at the trailing 12-month EPS for ADV yields -4.53 with Next year EPS estimates of 0.52. For the next quarter, that number is 0.10. This implies an EPS growth rate of -36.90% for this year and 27.56% for next year. EPS is expected to decline by -0.04% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -41.00%.

Float and Shares Shorts:

At present, 321.13 million ADV shares are outstanding with a float of 97.56 million shares on hand for trading. On Apr 27, 2023, short shares totaled 4.56 million, which was 1.41% higher than short shares on Mar 30, 2023. In addition to Mr. Brian G. Stevens as the firm’s Advisor, Mr. David A. Peacock serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 26.03% of ADV’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 8.48% of ADV, in contrast to 10.36% held by mutual funds. Shares owned by individuals account for 1.35%. As the largest shareholder in ADV with 3.42% of the stake, The Baupost Group LLC holds 11,001,624 shares worth 11,001,624. A second-largest stockholder of ADV, T. Rowe Price Investment Manageme, holds 9,357,521 shares, controlling over 2.91% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in ADV, holding 7,974,635 shares or 2.48% stake. With a 1.72% stake in ADV, the T Rowe Price Small Cap Value Fund is the largest stakeholder. A total of 5,533,223 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 0.70% of ADV stock, is the second-largest Mutual Fund holder. It holds 2,262,148 shares valued at 2.9 million. Vanguard Small Cap Index Fund holds 0.65% of the stake in ADV, owning 2,102,258 shares worth 2.69 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, ADV reported revenue of $981.08M and operating income of $28.27M. The EBITDA in the recently reported quarter was $86.71M and diluted EPS was $0.01.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ADV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With ADV analysts setting a high price target of $4.00 and a low target of $2.90, the average target price over the next 12 months is $3.30. Based on these targets, ADV could surge 112.77% to reach the target high and rise by 54.26% to reach the target low. Reaching the average price target will result in a growth of 75.53% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded ADV stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.

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