A Glimpse Into The Expert Outlook On ACV Auctions Through 8 Analysts

ACV Auctions ACVA has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $24.62, with a high estimate of $27.00 and a low estimate of $18.00. Witnessing a positive shift, the current average has risen by 8.84% from the previous average price target of $22.62.

Breaking Down Analyst Ratings: A Detailed Examination

In examining recent analyst actions, we gain insights into how financial experts perceive ACV Auctions. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to ACV Auctions. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of ACV Auctions compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of ACV Auctions's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into ACV Auctions's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on ACV Auctions analyst ratings.

About ACV Auctions

ACV Auctions Inc is a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers.

ACV Auctions: Delving into Financials

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: ACV Auctions's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 43.96%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.

Net Margin: ACV Auctions's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -9.36%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): ACV Auctions's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -3.51%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): ACV Auctions's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.57%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.25.

Analyst Ratings: What Are They?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.