ACVA - ACV Auctions Inc. Stock Price, Fair Value and News

18.60USD+0.37 (+2.03%)Market Closed

Market Summary

USD18.60+0.37

Market Closed

2.03%

ACVA Alerts

2 major insider sales recently.

Losses in recent quarter

ACVA Stock Price

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ACVA RSI Chart

ACVA Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

-39.08

Price/Sales (Trailing)

5.97

EV/EBITDA

-54.61

Price/Free Cashflow

-144.07

ACVA Price/Sales (Trailing)

ACVA Profitability

EBT Margin

-15.16%

Return on Equity

-16.92%

Return on Assets

-7.42%

Free Cashflow Yield

-0.69%

ACVA Fundamentals

ACVA Revenue

Revenue (TTM)

507.3M

Rev. Growth (Yr)

21.79%

Rev. Growth (Qtr)

23.07%

ACVA Earnings

Earnings (TTM)

-77.5M

Earnings Growth (Yr)

-12.48%

Earnings Growth (Qtr)

11.92%

Breaking Down ACVA Revenue

Last 7 days

7.6%

Last 30 days

4.5%

Last 90 days

30.2%

Trailing 12 Months

7.6%

How does ACVA drawdown profile look like?

ACVA Financial Health

Current Ratio

1.62

ACVA Investor Care

Shares Dilution (1Y)

2.64%

Diluted EPS (TTM)

-0.49

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	507.3M	0	0	0
2023	438.1M	447.2M	460.8M	481.2M
2022	392.4M	410.1M	423.7M	421.5M
2021	235.2M	287.7M	312.0M	358.4M
2020	132.2M	157.6M	183.0M	208.4M
2019	0	0	0	106.8M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of ACV Auctions Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 16, 2024	zerella william	sold	-558,025	17.17	-32,500	chief financial officer
Apr 16, 2024	zerella william	acquired	-	-	7,500	chief financial officer
Apr 16, 2024	zerella william	acquired	-	-	25,000	chief financial officer
Apr 09, 2024	anderson craig eric	acquired	-	-	7,500	ccdso
Apr 09, 2024	anderson craig eric	sold	-138,750	18.5	-7,500	ccdso
Apr 04, 2024	mehta vikas	sold	-248,551	18.55	-13,399	chief operating officer
Apr 04, 2024	mehta vikas	acquired	-	-	13,399	chief operating officer
Apr 03, 2024	mehta vikas	acquired	-	-	108,342	chief operating officer
Apr 03, 2024	mehta vikas	sold	-1,993,490	18.4	-108,342	chief operating officer
Apr 02, 2024	mehta vikas	acquired	-	-	78,259	chief operating officer

Which funds bought or sold ACVA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-61.84	-1,029,830	923,597	-%
May 16, 2024	COMERICA BANK	added	5,045	1,174,120	1,192,830	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.11	356,708	2,541,310	-%
May 16, 2024	CASTLEARK MANAGEMENT LLC	sold off	-100	-5,636,830	-	-%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	unchanged	-	101	526	-%
May 15, 2024	Icon Wealth Advisors, LLC	reduced	-1.53	40,239	223,175	0.02%
May 15, 2024	GRIZZLYROCK CAPITAL, LLC	reduced	-75.53	-3,450,940	1,501,600	1.23%
May 15, 2024	Bayesian Capital Management, LP	added	220	469,397	627,124	0.06%
May 15, 2024	Engle Capital Management, L.P.	reduced	-6.67	3,553,000	26,278,000	7.33%
May 15, 2024	Greycroft LP	added	21.21	250,850	750,800	0.53%

Are Funds Buying or Selling ACVA?

Are funds buying ACVA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ACVA

No. of Funds

Unveiling ACV Auctions Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	fmr llc	-	0	SC 13G/A
Feb 14, 2024	atreides management, lp	8.09%	11,013,431	SC 13G/A
Feb 14, 2024	15 angels iii llc	0%	0	SC 13G/A
Feb 14, 2024	arrowmark colorado holdings llc	8.55%	11,643,945	SC 13G/A
Feb 13, 2024	vanguard group inc	9.07%	12,345,110	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.1%	9,721,149	SC 13G
Jun 12, 2023	arrowmark colorado holdings llc	10.40%	13,472,772	SC 13G
Feb 14, 2023	arrowmark colorado holdings llc	15.42%	18,139,809	SC 13G/A
Feb 14, 2023	atreides management, lp	8.64%	10,172,319	SC 13G

Recent SEC filings of ACV Auctions Inc.

View All Filings

Date Filed	Form Type	Document
May 17, 2024	144	Notice of Insider Sale Intent
May 17, 2024	144	Notice of Insider Sale Intent
May 17, 2024	144	Notice of Insider Sale Intent
May 17, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 15, 2024	144	Notice of Insider Sale Intent
May 15, 2024	144	Notice of Insider Sale Intent
May 15, 2024	144	Notice of Insider Sale Intent
May 14, 2024	144	Notice of Insider Sale Intent
May 08, 2024	8-K	Current Report

Peers (Alternatives to ACV Auctions Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	566.3B	94.7B	14.23%	0.38%	41.6	5.98	10.12%	15.85%
GM	52.9B	174.9B	7.77%	39.09%	4.95	0.3	8.79%	13.26%
F	48.9B	177.5B	1.99%	5.50%	12.43	0.28	7.54%	33.01%
APTV	22.3B	20.1B	18.40%	-13.41%	7.46	1.11	11.06%	348.88%
KMX	11.5B	26.5B	6.25%	-0.44%	23.91	0.43	-10.61%	-1.15%
MID-CAP
BWA	8.4B	14.4B	16.35%	-17.59%	13.76	0.59	5.28%	-36.11%
ALSN	6.6B	3.1B	-5.82%	52.54%	9.78	2.13	8.82%	17.48%
ABG	4.9B	15.4B	13.81%	15.50%	8.56	0.32	2.10%	-39.62%
GT	3.7B	19.7B	8.02%	-9.26%	-5.7	0.19	-5.64%	-9328.57%
ADNT	2.6B	15.2B	3.59%	-19.11%	16.55	0.17	3.04%	1216.67%
SMALL-CAP
BLBD	1.7B	1.3B	55.08%	113.22%	21.39	1.36	26.17%	337.87%
AXL	933.4M	6.2B	14.24%	12.78%	-116.67	0.15	5.67%	-113.75%
CAAS	105.6M	573.5M	-1.13%	-36.48%	2.7	0.18	7.12%	39.36%
WKHS	75.6M	13.1M	41.18%	-74.91%	-0.61	5.77	160.69%	-5.67%
AYRO	5.7M	444.2K	-14.93%	90.00%	-0.18	12.82	-78.61%	-35.63%

ACV Auctions Inc. News

Latest updates

ACV Auctions Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	23.1%	145,689,000	118,377,000	119,014,000	124,217,000	119,626,000	97,973,000	105,419,000	115,072,000	103,065,000	100,177,000	91,798,000	97,374,000	69,086,000	53,763,000	67,460,000	44,897,000	42,237,000	-
Operating Expenses	15.9%	168,216,000	145,143,000	141,301,000	144,007,000	140,460,000	125,264,000	130,509,000	139,811,000	132,154,000	125,869,000	116,448,000	106,704,000	86,219,000	65,760,000	63,925,000	49,206,000	70,113,000	-
S&GA Expenses	25.9%	53,853,000	42,778,500	40,797,000	41,180,000	41,797,000	36,740,000	34,701,000	36,144,000	36,052,000	35,897,000	33,787,000	27,513,000	23,965,000	16,281,000	11,639,000	13,891,000	23,071,000	-
EBITDA Margin	9.6%	-0.10	-0.11	-0.13	-0.15	-0.18	-0.21	-0.22	-0.23	-0.20	-0.19	-0.18	-0.10	-0.10	-0.16	-0.41	-0.48	-0.57	-0.71
Interest Expenses	48.6%	535,000	360,000	439,000	451,000	315,000	296,000	235,000	238,000	210,000	200,000	121,000	251,000	210,000	359,000	159,000	180,000	111,000	-
Income Taxes	276.1%	440,000	117,000	1,000	61,000	347,000	-608,000	279,000	176,000	240,000	449,000	61,000	156,000	58,000	108,000	286,000	48,000	47,000	-
Earnings Before Taxes	13.4%	-20,031,000	-23,124,000	-18,237,000	-15,521,000	-17,853,000	-25,123,000	-23,389,000	-24,339,000	-29,255,000	-25,863,000	-24,742,000	-9,536,000	-17,317,000	-12,151,000	3,445,000	-4,348,000	-27,478,000	-
EBT Margin	2.4%	-0.15	-0.16	-0.17	-0.18	-0.21	-0.24	-0.24	-0.25	-0.23	-0.22	-0.20	-0.12	-0.13	-0.19	-0.42	-0.49	-0.58	-0.72
Net Income	11.9%	-20,471,000	-23,241,000	-18,238,000	-15,582,000	-18,200,000	-24,515,000	-23,668,000	-24,515,000	-29,495,000	-26,312,000	-24,803,000	-9,692,000	-17,375,000	-12,259,000	3,159,000	-4,396,000	-27,525,000	-
Net Income Margin	2.3%	-0.15	-0.16	-0.17	-0.18	-0.21	-0.24	-0.25	-0.26	-0.23	-0.22	-0.21	-0.13	-0.13	-0.20	-0.42	-0.49	-0.58	-0.72
Free Cashflow	253.4%	41,900,000	-27,308,000	-15,383,000	-20,238,000	42,714,000	-425,000	-3,600,000	-42,157,000	-32,204,000	-3,499,000	15,070,000	25,978,000	45,172,000	-10,462,000	25,382,000	25,333,000	-33,388,000	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	13.2%	1,045	923	959	936	995	915	900	977	1,019	983	980	989	928	405
Current Assets	-1.5%	696	707	742	752	831	755	746	827	873	857	865	937	877	354
Cash Equivalents	14.9%	210	183	226	272	317	281	295	304	543	566	602	664	660	234
Net PPE	60.7%	8.00	5.00	5.00	6.00	6.00	6.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00
Goodwill	63.8%	169	103	118	97.00	92.00	92.00	90.00	91.00	97.00	79.00	70.00	52.00	22.00	22.00
Liabilities	25.7%	586	466	492	460	514	429	401	462	486	427	404	397	330	178
Current Liabilities	28.8%	430	334	367	345	413	348	325	386	422	423	401	390	317	167
Shareholder's Equity	0.4%	458	457	467	476	481	486	499	516	534	556	576	592	598	-
Retained Earnings	-4.8%	-443	-422	-399	-381	-365	-347	-322	-299	-274	-245	-218	-194	-184	-166
Additional Paid-In Capital	2.6%	903	881	870	861	849	837	827	817	808	801	795	786	782	27.00
Accumulated Depreciation	-3.9%	4.00	4.00	5.00	6.00	8.00	7.00	6.00	6.00	5.00	5.00	4.00	3.00	-	2.00
Shares Outstanding	1.8%	163	160	160	159	159	157	157	156	156	125	115	95.00	34.00	22.00
Float	-	-	-	-	2,300	-	-	-	700	-	-	-	2,500	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	262.2%	42,975	-26,496	-14,745	-19,624	42,980	134	-2,757	-41,096	-31,456	-3,127	15,603	26,950	45,864	-9,948	26,440	25,778	-31,902	-
Share Based Compensation	10.8%	14,830	13,386	12,855	11,902	11,505	13,437	9,594	8,744	7,549	6,803	3,400	3,763	2,867	2,232	343	1,033	2,097	-
Cashflow From Investing	15.6%	-20,940	-24,798	-27,037	-35,271	-23,866	-18,648	-5,716	-208,181	-50,434	-31,620	-73,232	-13,856	-10,558	-4,375	-4,393	-5,862	-5,043	-
Cashflow From Financing	-30.2%	5,288	7,581	-3,917	9,689	17,280	4,479	-679	9,996	59,137	-910	-5,044	-8,458	390,657	1,659	57,495	-1,853	3,454	-

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ACVA Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 145,689	$ 119,626
Operating expenses:
Operations and technology	38,069	35,660
Selling, general, and administrative	53,853	41,797
Depreciation and amortization	7,787	3,285
Total operating expenses	168,216	140,460
Loss from operations	(22,527)	(20,834)
Other income (expense):
Interest income	3,031	3,296
Interest expense	(535)	(315)
Total other income (expense)	2,496	2,981
Loss before income taxes	(20,031)	(17,853)
Provision for income taxes	440	347
Net loss	$ (20,471)	$ (18,200)
Weighted-average shares - basic (in shares)	162,889,642	158,694,919
Weighted-average shares - diluted (in shares)	162,889,642	158,694,919
Net loss per share - basic (in dollars per share)	$ (0.13)	$ (0.11)
Net loss per share - diluted (in dollars per share)	$ (0.13)	$ (0.11)
Marketplace and service
Revenue:
Total revenue	$ 129,814	$ 104,863
Operating expenses:
Cost of revenue (excluding depreciation & amortization)	55,693	47,575
Customer assurance
Revenue:
Total revenue	15,875	14,763
Operating expenses:
Cost of revenue (excluding depreciation & amortization)	$ 12,814	$ 12,143

ACVA Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets :
Cash and cash equivalents	$ 209,845	$ 182,571
Marketable securities	131,631	228,761
Trade receivables (net of allowance of $3,931 and $2,868)	219,305	164,009
Finance receivables (net of allowance of $3,728 and $3,428)	121,047	119,034
Other current assets	14,398	12,524
Total current assets	696,226	706,899
Property and equipment (net of accumulated depreciation of $4,289 and $4,462)	7,903	4,918
Goodwill	169,305	103,379
Acquired intangible assets (net of amortization of $19,676 and $17,534)	78,585	34,192
Capitalized software (net of amortization of $21,836 and $17,059)	59,662	55,771
Other assets	32,971	17,765
Total assets	1,044,652	922,924
Current Liabilities :
Accounts payable	393,144	305,845
Accrued payroll	14,126	12,245
Accrued other liabilities	22,788	15,851
Total current liabilities	430,058	333,941
Long-term debt	125,000	115,000
Other long-term liabilities	31,315	17,455
Total liabilities	586,373	466,396
Commitments and Contingencies
Stockholders' Equity :
Preferred Stock; $0.001 par value; 20,000,000 shares authorized; 0 and 0 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	0	0
Additional paid-in capital	902,989	880,510
Accumulated deficit	(443,086)	(422,615)
Accumulated other comprehensive loss	(1,788)	(1,529)
Total stockholders' equity	458,279	456,528
Total liabilities and stockholders' equity	1,044,652	922,924
Common Stock Class A
Stockholders' Equity :
Common Stock	147	139
Common Stock Class B
Stockholders' Equity :
Common Stock	$ 17	$ 23

About ACV Auctions Inc.

ACV 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.

CEO	Mr. George G. Chamoun
WEBSITE	acvauctions.com
INDUSTRY	Autos

ACV Auctions Inc. Frequently Asked Questions

What is the ticker symbol for ACV Auctions Inc.? What does ACVA stand for in stocks?

ACVA is the stock ticker symbol of ACV Auctions Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ACV Auctions Inc. (ACVA)?

As of Fri May 17 2024, market cap of ACV Auctions Inc. is 3.03 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ACVA stock?

You can check ACVA's fair value in chart for subscribers.

What is the fair value of ACVA stock?

You can check ACVA's fair value in chart for subscribers. The fair value of ACV Auctions Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ACV Auctions Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ACVA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ACV Auctions Inc. a good stock to buy?

The fair value guage provides a quick view whether ACVA is over valued or under valued. Whether ACV Auctions Inc. is cheap or expensive depends on the assumptions which impact ACV Auctions Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ACVA.

What is ACV Auctions Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ACVA's PE ratio (Price to Earnings) is -39.08 and Price to Sales (PS) ratio is 5.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ACVA PE ratio will change depending on the future growth rate expectations of investors.