Advantage Solutions (NASDAQ:ADV) Upgraded at Wall Street Zen

Advantage Solutions (NASDAQ:ADV) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

Several other equities analysts have also recently commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Advantage Solutions in a research note on Wednesday, January 21st. Morgan Stanley decreased their price target on shares of Advantage Solutions from $2.00 to $1.50 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $2.00.

Advantage Solutions Stock Performance

ADV opened at $0.62 on Friday. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 2.35. The stock’s 50 day moving average price is $0.83 and its two-hundred day moving average price is $1.24. The firm has a market capitalization of $202.25 million, a P/E ratio of -0.83 and a beta of 2.20. Advantage Solutions has a 12-month low of $0.53 and a 12-month high of $2.69.

Hedge Funds Weigh In On Advantage Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in ADV. Stoic Point Capital Management LLC acquired a new stake in shares of Advantage Solutions during the 4th quarter valued at about $1,375,000. Inspire Investing LLC lifted its stake in Advantage Solutions by 87.3% during the fourth quarter. Inspire Investing LLC now owns 554,271 shares of the company’s stock worth $488,000 after purchasing an additional 258,379 shares during the period. CastleKnight Management LP boosted its holdings in Advantage Solutions by 18.1% during the fourth quarter. CastleKnight Management LP now owns 11,794,950 shares of the company’s stock valued at $10,380,000 after purchasing an additional 1,806,891 shares in the last quarter. Graham Capital Management L.P. boosted its holdings in Advantage Solutions by 285.1% during the fourth quarter. Graham Capital Management L.P. now owns 88,862 shares of the company’s stock valued at $78,000 after purchasing an additional 65,785 shares in the last quarter. Finally, Squarepoint Ops LLC grew its stake in shares of Advantage Solutions by 760.9% in the 4th quarter. Squarepoint Ops LLC now owns 175,542 shares of the company’s stock valued at $154,000 after purchasing an additional 155,151 shares during the period. 49.82% of the stock is owned by institutional investors.

Advantage Solutions Company Profile

Advantage Solutions is a leading sales and marketing agency that provides outsourced solutions to consumer packaged goods companies. The firm’s offerings include field sales execution, retail merchandising, in-store and shopper marketing, e-commerce activation and data-driven analytics. By deploying dedicated sales teams alongside proprietary technology, Advantage Solutions helps brands optimize shelf placement, ensure compliance with promotional programs and strengthen consumer engagement.

The company’s service portfolio spans field sales and marketing, retail execution, brand ambassador programs, digital and experiential promotions, and shopper insights.