ACVA: ACV Auctions, Inc.
About
ACV Auctions, Inc. provides a vibrant digital marketplace for wholesale vehicle transactions and data services, which offers transparent and accurate vehicle information to its customers. The company’s platform leverages data insights and technology to power its digital marketplace and data services, enabling its dealers and commercial partners to buy, sell and value vehicles. Its platform includes Digital Marketplace, Remarketing Centers, Data Services and Data and Technology. Digital Marketplace connects buyers and sellers of wholesale vehicles in an intuitive and efficient manner. Remarketing Centers provides an additional channel to provide dealers and commercial partners with auction services. Data Services offers insights into the condition and value of used vehicles for transactions both on and off its marketplace and helps dealers, their end consumers, and commercial partners make more informed decisions to transact with confidence and efficiency. Data and Technology underpins everything it does, and powers its vehicle inspections, comprehensive vehicle intelligence reports, digital marketplace and operations automation platform. The company was founded by Joseph Neiman, Daniel Magnuszewsk, and Jack Greco in December 2014 and is headquartered in Buffalo, NY.
Current Value
$22.951 Year Return
Current Value
$22.951 Year Return
Key Details
Market Cap
$3.88B
P/E Ratio
-49.26
1Y Stock Return
47.96%
1Y Revenue Growth
29.34%
Dividend Yield
0.00%
Price to Book
8.5
Strategies that include ACVA
Stock's related to ACVA
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MATV | 63.76% | $725.38M | -2.34% | 2.98% |
| WD | 51.38% | $3.72B | +21.56% | 2.36% |
| ICUI | 50.10% | $3.94B | +74.58% | 0.00% |
| NMRK | 49.08% | $2.62B | +79.69% | 0.79% |
| LAMR | 48.98% | $13.68B | +27.59% | 3.94% |
| XMTR | 48.84% | $1.56B | +21.30% | 0.00% |
| QTWO | 48.78% | $6.44B | +181.00% | 0.00% |
| MSA | 48.63% | $6.87B | -1.19% | 1.15% |
| HCAT | 48.45% | $548.85M | +16.99% | 0.00% |
| TY | 48.14% | - | - | 3.23% |
| W | 48.13% | $6.03B | -17.54% | 0.00% |
| APPS | 47.90% | $150.40M | -74.87% | 0.00% |
| ENOV | 47.83% | $2.76B | -3.69% | 0.00% |
| KFRC | 47.08% | $1.17B | -2.92% | 0.62% |
| DGII | 46.83% | $1.22B | +39.79% | 0.00% |
| OUT | 46.25% | $3.20B | +51.19% | 4.68% |
| FIBK | 46.03% | $3.65B | +26.30% | 5.40% |
| MTZ | 45.65% | $11.26B | +120.71% | 0.00% |
| BXMT | 45.50% | $3.30B | -17.29% | 12.15% |
| NPO | 45.00% | $4.07B | +45.64% | 0.46% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SYRS | <0.01% | $6.90M | -91.05% | 0.00% |
| NAT | 0.02% | $551.22M | -33.83% | 15.82% |
| SUNS | 0.06% | $100.00M | +27.79% | 1.44% |
| BMBL | -0.09% | $960.66M | -38.20% | 0.00% |
| PG | -0.10% | $423.20B | +18.18% | 2.21% |
| CYCN | -0.16% | $6.34M | +3.08% | 0.00% |
| CDLX | -0.18% | $207.86M | -53.84% | 0.00% |
| LX | -0.21% | $668.17M | +189.94% | 2.69% |
| ATNI | 0.23% | $303.04M | -37.64% | 4.77% |
| IFRX | -0.24% | $140.73M | +69.50% | 0.00% |
| MSDL | 0.27% | $1.89B | +4.09% | 7.02% |
| CASI | 0.28% | $52.91M | -33.31% | 0.00% |
| K | -0.31% | $27.82B | +50.42% | 2.80% |
| LPTH | 0.41% | $72.39M | +55.32% | 0.00% |
| EDSA | 0.44% | $7.70M | -29.88% | 0.00% |
| ACGL | -0.48% | $37.36B | +27.37% | 0.00% |
| TNK | 0.49% | $1.37B | -17.21% | 2.50% |
| OCX | -0.50% | $41.25M | -38.44% | 0.00% |
| NOC | -0.51% | $70.63B | +0.92% | 1.66% |
| OXBR | -0.58% | $24.28M | +267.92% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -20.19% | $78.87B | +35.27% | 0.43% |
| HUSA | -16.26% | $17.54M | -25.14% | 0.00% |
| PGR | -16.26% | $154.68B | +61.58% | 0.43% |
| CPB | -14.26% | $13.76B | +12.73% | 3.22% |
| GIS | -13.86% | $37.20B | +3.17% | 3.55% |
| NERV | -11.63% | $15.81M | -65.28% | 0.00% |
| COR | -10.71% | $48.29B | +22.63% | 0.82% |
| QTTB | -9.76% | $324.31M | +164.18% | 0.00% |
| MNST | -9.41% | $53.47B | -0.34% | 0.00% |
| WHF | -8.81% | - | - | 14.82% |
| MNR | -8.60% | $1.59B | -13.83% | 20.59% |
| IRWD | -7.03% | $579.30M | -65.62% | 0.00% |
| ASPS | -6.92% | $22.14M | -81.89% | 0.00% |
| ALL | -6.81% | $54.12B | +47.42% | 1.79% |
| CYD | -6.73% | $384.89M | +1.29% | 4.07% |
| GAN | -6.36% | $82.94M | +21.33% | 0.00% |
| RLMD | -5.39% | $99.27M | +31.08% | 0.00% |
| CAH | -5.06% | $29.64B | +13.97% | 1.63% |
| SJM | -5.03% | $12.73B | +6.36% | 3.58% |
| RNR | -4.88% | $14.93B | +37.70% | 0.54% |
ETF's related to ACVA
News
Yahoo
Citi raised the firm’s price target on ACV Auctions (ACVA) to $27 from $22 and keeps a Buy rating on the shares. The analyst believes ACV is gaining high-teens market share of the broader wholesale market that is now 15% digital with the company approaching 10 points of the overall digital share. Citi is encouraged by adoption of newer products like ClearCar. ACV is well positioned to gain transaction share and expand margins going forward, the analyst tells investors in a research note. Publish
Yahoo
BUFFALO, N.Y., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at the 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference on Monday, November 25, 2024 at 11:00 am ET. A webcast of this event will be available on the Company’s investor relations website at https://investors.acvauto.com/. An archived replay will be
Yahoo
Though nowhere near as well known as Carvana stock, which has rallied back to 2021 heights, ACV Auctions is beating its larger rival in its own niche.
SeekingAlpha
ACV Auctions Inc. (NASDAQ:ACVA) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ETCompany ParticipantsTim Fox - Vice President of Investor...
Yahoo
ACV Auctions ( NASDAQ:ACVA ) Third Quarter 2024 Results Key Financial Results Revenue: US$171.3m (up 44% from 3Q 2023...
Yahoo
Q3 2024 ACV Auctions Inc Earnings Call
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.