Market Summary
USD1.77-0.07
Delayed-3.80%
ADV Stock Price
ADV RSI Chart
ADV Valuation
ADV Price/Sales (Trailing)
ADV Profitability
ADV Fundamentals
ADV Revenue
ADV Earnings
Price Action
52 Week Range
1.706.74
(Low)(High)
Last 7 days
-2.7%
Last 30 days
-26.9%
Last 90 days
-5.3%
Trailing 12 Months
-71.7%
ADV Financial Health
ADV Investor Care
Peers (Alternatives to Advantage Solutions)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AAPL | 2.5T | 387.5B | 7.62% | -7.52% | 26.68 | 6.55 | 2.44% | -5.35% |
MSFT | 2.1T | 204.1B | 11.55% | -7.07% | 30.98 | 10.24 | 10.38% | -5.25% |
GOOG | 1.4T | 282.8B | 15.53% | -24.95% | 22.72 | 4.82 | 9.78% | -21.12% |
AMZN | 1.0T | 514.0B | 2.44% | -40.04% | -369.23 | 1.96 | 9.40% | -108.16% |
| MID-CAP | ||||||||
NYMT | 3.3B | 258.4M | 222.11% | 179.36% | -11.21 | 12.96 | 24.91% | -254.56% |
JBLU | 2.2B | 9.2B | -18.29% | -53.60% | -6.05 | 0.24 | 51.67% | -98.90% |
| SMALL-CAP | ||||||||
PLAY | 1.7B | 1.7B | -14.35% | -19.63% | 13.8 | 0.98 | 61.79% | 371.82% |
TLRY | 1.6B | 602.5M | -7.75% | -62.41% | -2.78 | 2.67 | 18.18% | -18.59% |
BYND | 1.0B | 418.9M | -4.85% | -67.83% | -2.83 | 2.48 | -9.85% | -101.06% |
MFA | 929.5M | 482.4M | -14.27% | -38.99% | -4.01 | 1.93 | 33.15% | -170.42% |
CGC | 923.6M | 478.9M | -20.50% | -75.95% | -0.29 | 1.93 | -31.50% | -634.70% |
NKLA | 769.4M | 50.8M | -35.62% | -84.47% | -0.98 | 15.14 | 1229.98% | -13.59% |
GPRO | 757.3M | 1.1B | -8.47% | -42.21% | 26.25 | 0.69 | -5.82% | -92.23% |
INO | 240.0M | 10.3M | -31.25% | -74.40% | -0.86 | 23.39 | 478.23% | 7.85% |
Financials for Advantage Solutions
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 1.8% | 4,050 | 3,980 | 3,857 | 3,726 | 3,602 |
| S&GA Expenses | 4.7% | 190 | 182 | 182 | 176 | 168 |
| EBITDA | -375.2% | -1,185 | 431 | 453 | 474 | - |
| EBITDA Margin | -370.4% | -0.29* | 0.11* | 0.12* | 0.13* | - |
| Earnings Before Taxes | -1607.4% | -1,522 | 101 | 109 | 117 | 91.00 |
| EBT Margin | -1581.3% | -0.38* | 0.03* | 0.03* | 0.03* | - |
| Interest Expenses | 7.7% | 104 | 97.00 | 110 | 119 | 138 |
| Net Income | -2113.2% | -1,380 | 69.00 | 71.00 | 74.00 | 54.00 |
| Net Income Margin | -2078.3% | -0.34* | 0.02* | 0.02* | 0.02* | - |
| Free Cahsflow | 15.8% | 81.00 | 70.00 | 60.00 | 36.00 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -26.7% | 4,262 | 5,814 | 5,845 | 5,839 | 5,854 |
| Current Assets | 4.9% | 1,157 | 1,103 | 1,095 | 1,107 | 1,104 |
| Cash Equivalents | 44.0% | 139 | 96.00 | 116 | 124 | 165 |
| Net PPE | 2.6% | 71.00 | 69.00 | 68.00 | 67.00 | 64.00 |
| Goodwill | -60.5% | 888 | 2,246 | 2,247 | 2,204 | 2,206 |
| Liabilities | -5.0% | 3,033 | 3,193 | 3,242 | 3,234 | 3,272 |
| Current Liabilities | -0.1% | 601 | 601 | 628 | 605 | 646 |
| Long Term Debt | - | 2,093 | - | - | - | - |
| LT Debt, Current | -4.8% | 14.00 | 15.00 | 60.00 | 15.00 | 14.00 |
| LT Debt, Non Current | -0.1% | 2,023 | 2,025 | 2,026 | 2,028 | 2,029 |
| Shareholder's Equity | -51.5% | 1,226 | 2,526 | 2,601 | 2,603 | 2,483 |
| Retained Earnings | -173.0% | -2,247 | -823 | -844 | -847 | -866 |
| Additional Paid-In Capital | 0.3% | 3,409 | 3,398 | 3,391 | 3,379 | 3,373 |
| Accumulated Depreciation | - | 138 | - | - | - | - |
| Shares Outstanding | 0.0% | 320 | 320 | 318 | 318 | 317 |
| Minority Interest | 11.1% | 102 | 92.00 | 90.00 | 93.00 | 97.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 13.5% | 121 | 107 | 100 | 72.00 | 126 |
| Share Based Compensation | 389.8% | 40.00 | -13.74 | -12.50 | -17.14 | -15.03 |
| Cashflow From Investing | -0.7% | -113 | -112 | -131 | -68.80 | -75.84 |
| Cashflow From Financing | 17.1% | -41.64 | -50.22 | -3.03 | -33.80 | -86.30 |
| Buy Backs | - | 13.00 | - | - | - | - |
Risks for ADV
What is the probability of a big loss on ADV?
67.7%
Probability that Advantage Solutions stock will be more than 20% underwater in next one year
58.6%
Probability that Advantage Solutions stock will be more than 30% underwater in next one year.
38.2%
Probability that Advantage Solutions stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ADV drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Advantage Solutions was unfortunately bought at previous high price.
Drawdowns
Returns for ADV
Cumulative Returns on ADV
-43.8%
3-Year Cumulative Returns
Which funds bought or sold ADV recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 117 | 103,765 | 195,765 | -% |
2023-02-28 | Voya Investment Management LLC | unchanged | - | -2,024 | 67,976 | -% |
2023-02-15 | Metropolitan Life Insurance Co/NY | added | 3.55 | -38.00 | 11,962 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | added | 47.15 | 48,992 | 160,992 | -% |
2023-02-15 | JANE STREET GROUP, LLC | sold off | -100 | -168,000 | - | -% |
2023-02-15 | Virtu Financial LLC | sold off | -100 | -38,000 | - | -% |
2023-02-15 | MetLife Investment Management, LLC | unchanged | - | -2,183 | 98,817 | -% |
2023-02-15 | LAZARD ASSET MANAGEMENT LLC | unchanged | - | -1,000 | 36,000 | -% |
2023-02-15 | State of Wyoming | new | - | 25,445 | 25,445 | 0.01% |
2023-02-14 | Walleye Trading LLC | added | 0.62 | 5,624 | 27,624 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Advantage Solutions News
Schedule 13G FIlings of Advantage Solutions
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 16, 2021 | conyers park ii sponsor llc | 5.7% | 18,483,333 | SC 13G/A | |
| Feb 16, 2021 | alyeska investment group, l.p. | 3.2% | 10,160,168 | SC 13G/A | |
| Feb 16, 2021 | governors lane lp | 0% | 0 | SC 13G/A | |
| Feb 16, 2021 | woodson capital management, lp | 1.2% | 3,739,924 | SC 13G/A | |
| Feb 10, 2021 | integrated core strategies (us) llc | 0.0% | 9,515 | SC 13G/A | |
| Feb 04, 2021 | manulife financial corp | 1.72% | - | SC 13G/A | |
| Jan 20, 2021 | karman topco l.p. | 65.6% | 0 | SC 13D/A | |
| Dec 10, 2020 | price t rowe associates inc /md/ | 2.5% | 8,060,533 | SC 13G/A | |
| Nov 12, 2020 | karman topco l.p. | 65.0% | 203,750,000 | SC 13D | |
| Nov 10, 2020 | price t rowe associates inc /md/ | 13.8% | 7,927,341 | SC 13G/A |
ADV Fair Value
Advantage Solutions fair value in different scenarios
The table shows the Fair Value estimates for Advantage Solutions for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 1.76 -0.56% | 2.97 67.80% | 4.89 176.27% | 7.47 322.03% | 10.28 480.79% |
| Current Inflation | 1.67 -5.65% | 2.75 55.37% | 4.42 149.72% | 6.65 275.71% | 9.06 411.86% |
| Very High Inflation | 1.56 -11.86% | 2.48 40.11% | 3.86 118.08% | 5.68 220.90% | 7.65 332.20% |
Historical Advantage Solutions Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Advantage Solutions
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 24, 2023 | 8-K | Current Report | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 8-K | Current Report | |
| Mar 14, 2023 | 8-K | Current Report | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 01, 2023 | 8-K | Current Report | |
| Mar 01, 2023 | 10-K | Annual Report | |
| Feb 03, 2023 | 3 | Insider Trading |
Latest Insider Trading transactions for ADV
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-13 | Kaye Dean | acquired | - | - | 195,312 | cfo - north america |
2023-03-11 | Kaye Dean | sold (taxes) | -39,008 | 2.02 | -19,311 | cfo - north america |
2023-03-11 | Stevens Brian | acquired | - | - | 24,306 | cfo & coo |
2023-03-11 | Kaye Dean | acquired | - | - | 16,680 | cfo - north america |
2023-03-11 | Stevens Brian | sold (taxes) | -56,844 | 2.02 | -28,141 | cfo & coo |
2023-02-01 | PEACOCK DAVID A | acquired | - | - | 1,698,110 | chief executive officer |
2023-01-18 | Stevens Brian | sold (taxes) | -91,018 | 2.19 | -41,561 | cfo & coo |
2023-01-18 | Kaye Dean | sold (taxes) | -31,332 | 2.19 | -14,307 | cfo - north america |
2023-01-18 | Domier Tanya L | sold (taxes) | -96,725 | 2.19 | -44,167 | executive chair |
2022-10-03 | Stevens Brian | acquired | - | - | 125,000 | cfo & coo |
Advantage Solutions Inc. provides outsourced solutions to consumer goods companies and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; administration; and brand-centric merchandising services. This segment also provides retailer-centric services comprising retailer-centric merchandising, in-store media, and digital commerce. The Marketing segment offers brand-centric services, including shopper and consumer marketing, and brand experiential services; and retailer-centric services, such as retail experiential, private label, digital marketing, and digital media and advertising. The company was formerly known as Karman Holding Corp. and changed its name to Advantage Solutions Inc. in March 2016. Advantage Solutions Inc. was founded in 1987 and is headquartered in Irvine, California.
ADV Income Statement
2022-12-31CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Revenues | $ 4,049,742 | $ 3,602,298 | $ 3,155,671 |
| Cost of revenues (exclusive of depreciation and amortization shown separately below) | 3,493,183 | 2,964,123 | 2,551,485 |
| Selling, general, and administrative expenses | 190,367 | 168,086 | 306,282 |
| Impairment of goodwill and indefinite-lived assets | 1,572,523 | 0 | 0 |
| Recovery from Take 5 | 0 | 0 | (7,700) |
| Depreciation and amortization | 233,075 | 240,041 | 238,598 |
| Total operating expenses | 5,489,148 | 3,372,250 | 3,088,665 |
| Operating (loss) income | (1,439,406) | 230,048 | 67,006 |
| Other (income) expenses: | |||
| Change in fair value of warrant liability | (21,236) | 955 | 13,363 |
| Interest expense, net | 104,459 | 137,927 | 234,044 |
| Total other expenses | 83,223 | 138,882 | 247,407 |
| Income (loss) before income taxes | (1,522,629) | 91,166 | (180,401) |
| (Benefit from) provision for income taxes | (145,337) | 33,617 | (5,331) |
| Net (loss) income | (1,377,292) | 57,549 | (175,070) |
| Less: net income attributable to noncontrolling interest | 3,210 | 3,055 | 736 |
| Net (loss) income attributable to stockholders of Advantage Solutions Inc. | (1,380,502) | 54,494 | (175,806) |
| Other comprehensive loss, net of tax: | |||
| Foreign currency translation adjustments | (14,370) | (5,153) | 8,827 |
| Total comprehensive (loss) income attributable to stockholders of Advantage Solutions Inc. | $ (1,394,872) | $ 49,341 | $ (166,979) |
| Net (loss) income per common share: | |||
| Basic | $ (4.33) | $ 0.17 | $ (0.79) |
| Diluted | $ (4.33) | $ 0.17 | $ (0.79) |
| Weighted-average number of common shares: | |||
| Basic | 318,682,548 | 318,198,860 | 223,227,833 |
| Diluted | 318,682,548 | 321,004,756 | 223,227,833 |
ADV Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 120,715 | $ 164,622 |
| Restricted cash | 17,817 | 16,015 |
| Accounts receivable, net of allowance for expected credit losses of $22,752 and $13,648, respectively | 869,000 | 797,677 |
| Prepaid expenses and other current assets | 149,476 | 126,000 |
| Total current assets | 1,157,008 | 1,104,314 |
| Property and equipment, net | 70,898 | 63,696 |
| Goodwill | 887,949 | 2,206,004 |
| Other intangible assets, net | 1,897,503 | 2,287,514 |
| Investments in unconsolidated affiliates | 129,491 | 125,158 |
| Other assets | 119,522 | 67,582 |
| Total assets | 4,262,371 | 5,854,268 |
| Current liabilities | ||
| Current portion of long-term debt | 13,991 | 14,397 |
| Accounts payable | 261,464 | 277,366 |
| Accrued compensation and benefits | 154,744 | 139,157 |
| Other accrued expenses | 133,173 | 164,133 |
| Deferred revenues | 37,329 | 50,467 |
| Total current liabilities | 600,701 | 645,520 |
| Long-term debt, net of current portion | 2,022,819 | 2,028,882 |
| Deferred income tax liabilities | 297,874 | 483,165 |
| Warrant liability | 953 | 22,189 |
| Other long-term liabilities | 110,554 | 92,218 |
| Total liabilities | 3,032,901 | 3,271,974 |
| Commitments and contingencies (Note 18) | ||
| Redeemable noncontrolling interest | 3,746 | 1,893 |
| Equity attributable to stockholders of Advantage Solutions Inc. | ||
| Preferred stock, no par value, 10,000,000 shares authorized; none issued and outstanding as of December 31, 2022 and 2021, respectively | 0 | 0 |
| Common stock, $0.0001 par value, 3,290,000,000 shares authorized; 319,690,300 and 316,963,552 shares issued and outstanding as of December 31, 2022 and 2021, respectively | 32 | 32 |
| Additional paid in capital | 3,408,836 | 3,373,278 |
| Accumulated deficit | (2,247,109) | (866,607) |
| Loans to Karman Topco L.P. | (6,363) | (6,340) |
| Accumulated other comprehensive loss | (18,849) | (4,479) |
| Treasury stock, at cost; 1,610,014 shares as of December 31, 2022 | (12,567) | (12,567) |
| Total equity attributable to stockholders of Advantage Solutions Inc. | 1,123,980 | 2,483,317 |
| Nonredeemable noncontrolling interest | 101,744 | 97,084 |
| Total stockholders' equity | 1,225,724 | 2,580,401 |
| Total liabilities, redeemable noncontrolling interest, and stockholders' equity | $ 4,262,371 | $ 5,854,268 |