ACV Auctions Inc. (NYSE:ACVA) Receives Average Rating of “Hold” from Brokerages

ACV Auctions Inc. (NYSE:ACVA) has been given an average recommendation of “Hold” by the six ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $9.00.

Several research analysts have recently issued reports on the company. CJS Securities raised ACV Auctions to a “strong-buy” rating in a research note on Thursday, December 11th. Barclays upgraded ACV Auctions to a “hold” rating in a report on Tuesday, November 11th. Barrington Research cut shares of ACV Auctions from an “outperform” rating to a “hold” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of ACV Auctions in a research note on Monday, December 29th. Finally, Zacks Research lowered shares of ACV Auctions from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 12th.

ACV Auctions Stock Performance

NYSE ACVA opened at $4.70 on Wednesday. The stock has a market cap of $809.20 million, a PE ratio of -12.37 and a beta of 1.63. ACV Auctions has a fifty-two week low of $4.61 and a fifty-two week high of $17.54. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.62 and a current ratio of 1.62. The firm’s fifty day moving average price is $7.83 and its two-hundred day moving average price is $8.76.

ACV Auctions Company Profile

ACV Auctions operates a digital marketplace designed to streamline the wholesale used-vehicle auction process for independent dealerships and larger automotive groups. The platform enables dealers to participate in live, online auctions, submit real-time bids, and access guaranteed-sale programs that reduce the risk of inventory moving. By replicating the dynamics of in-lane bidding in a virtual environment, ACV Auctions connects sellers and buyers across a broad geographic footprint without the need for physical auction attendance.

In addition to its core marketplace, ACV Auctions offers a suite of software tools and data-driven services aimed at improving transparency and decision-making in the remarketing process.