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Friday, September 29, 2023

Today, Advantage Solutions Inc. (NASDAQ: ADV) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Advantage Solutions Inc. (ADV) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $2.80. The Advantage Solutions Inc. has recorded 449,834 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that New survey shows labor shortages and inflationary pressures are top concerns among the largest U.S. retailers and consumer goods manufacturers.

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Stocks Info

The company is listed on the NASDAQ and operates within the Advertising Agencies industry segment. At the end of the last regular session, the stock closed at $2.80 and fluctuated between $2.8850 as its day high and $2.7650 as its day low. The current market capitalization of Advantage Solutions Inc. is $905.32M. A total of 1.99 million shares were traded on the day, compared to an average of 432.69K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ADV has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, KILTS JAMES M bought 6,795 shares of ADV for 2.70 per share on Aug 29. After the transaction, the Director now owns 570,574 company shares. In a previous transaction on Aug 28, KILTS JAMES M bought 1,202 shares at 2.69 per share. ADV shares that Director owns now total 563,779.

Among the insiders who bought shares, KILTS JAMES M acquired of 11,618 shares on Aug 25 at a per-share price of $2.66. This resulted in the Director holding 562,577 shares of ADV after the transaction. In another insider transaction, KILTS JAMES M bought 7,061 shares at $2.69 per share on Aug 24. Company shares held by the Director now total 550,959.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ADV in the last 3 months, the mean price target is $3.43 with high estimates of $4.00 and low estimates of $3.00. In terms of 52-week highs and lows, ADV has a high of $3.76 and a low of $1.13.

As of this writing, ADV has an earnings estimate of $0.13 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.14 per share and a lower estimate of $0.11. The company reported an EPS of -$0.04 in the last quarter, which was -150.00% lower than expectations of $0.08.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ADV’s latest balance sheet shows that the firm has $164.62M in Cash & Short Term Investments as of fiscal 2021. There were $2.10B in debt and $645.52M in liabilities at the time. Its Book Value Per Share was $3.37, while its Total Shareholder’s Equity was $2.58B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ADV is Buy with a score of 3.00.

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