Streetbeat News

ACVA

ACV Auctions Inc.

https://www.acvauctions.com

Industry

Auto - Dealerships

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.

Open

20.90

Mkt cap

3.4B

Volume

866K

High

21.12

P/E Ratio

-43.19

52-wk high

23.46

Low

20.26

Div yield

N/A

52-wk low

12.84

ACV Auctions Inc. held its Q3 2024 earnings call on November 7, 2024, with key company executives and several analysts participating. The call focused on the company's financial performance and outlook.

Portfolio Pulse from

November 10, 2024 | 4:00 am

ACV Auctions Inc. (ACVA) reported Q3 earnings of $0.04 per share, surpassing the Zacks Consensus Estimate of $0.02 per share, and improving from a loss of $0.02 per share a year ago.

Portfolio Pulse from

November 08, 2024 | 1:15 am

Analysts have mixed ratings for ACV Auctions (NASDAQ:ACVA), with recent evaluations showing a bullish trend. The average 12-month price target has increased to $23.2, reflecting a 5.45% rise. Despite positive revenue growth, ACV Auctions faces challenges with profitability and returns.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 2:01 pm

Jefferies analyst John Colantuoni has maintained a Buy rating on ACV Auctions and raised the price target from $22 to $25.