Spree Acquisition Corp. 1 (NYSE:SHAP) and ACV Auctions (NASDAQ:ACVA) Head to Head Analysis

Spree Acquisition Corp. 1 (NYSE:SHAPGet Free Report) and ACV Auctions (NASDAQ:ACVAGet Free Report) are both small-cap business services companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations.

Earnings and Valuation

This table compares Spree Acquisition Corp. 1 and ACV Auctions”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Spree Acquisition Corp. 1 N/A N/A $4.35 million N/A N/A
ACV Auctions $707.24 million 2.44 -$79.70 million ($0.39) -25.76

Spree Acquisition Corp. 1 has higher earnings, but lower revenue than ACV Auctions.

Insider and Institutional Ownership

9.9% of Spree Acquisition Corp. 1 shares are held by institutional investors. Comparatively, 88.6% of ACV Auctions shares are held by institutional investors. 58.4% of Spree Acquisition Corp. 1 shares are held by company insiders. Comparatively, 2.9% of ACV Auctions shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Spree Acquisition Corp. 1 and ACV Auctions’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Spree Acquisition Corp. 1 N/A -22.17% 6.72%
ACV Auctions -12.51% -12.94% -5.75%

Analyst Recommendations

This is a summary of current ratings for Spree Acquisition Corp. 1 and ACV Auctions, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spree Acquisition Corp. 1 0 0 0 0 0.00
ACV Auctions 0 2 10 0 2.83

ACV Auctions has a consensus target price of $19.67, suggesting a potential upside of 95.79%. Given ACV Auctions’ stronger consensus rating and higher probable upside, analysts plainly believe ACV Auctions is more favorable than Spree Acquisition Corp. 1.

Risk & Volatility

Spree Acquisition Corp. 1 has a beta of -0.02, suggesting that its stock price is 102% less volatile than the S&P 500. Comparatively, ACV Auctions has a beta of 1.68, suggesting that its stock price is 68% more volatile than the S&P 500.

Summary

ACV Auctions beats Spree Acquisition Corp. 1 on 7 of the 11 factors compared between the two stocks.

About Spree Acquisition Corp. 1

(Get Free Report)

Spree Acquisition Corp. 1 Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the mobility-related technology businesses. The company was incorporated in 2021 and is based in Atlanta, Georgia.

About ACV Auctions

(Get Free Report)

ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. The company’s marketplace platform includes digital marketplace, which connects buyers and sellers by providing online auction, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes and status reports of the vehicle; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green’s seller assurance service for against claims related to defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage for dealers and commercial partners. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.

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