How to Buy Acv Auctions Stock
Acv Auctions Inc
ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles.
Acv Auctions stock last closed at $13.91, down 2.8% from the previous day, and has decreased 20.51% in one year. It has underperformed other stocks in the Auto & Truck Dealerships industry by 0.37 percentage points. Acv Auctions stock is currently +17.09% from its 52-week low of $11.88, and -40.7% from its 52-week high of $23.46.
There are currently 168.77M ACVA shares outstanding. The market value of ACVA is $2.35B. In the last 24 hours, 2.76M ACVA shares were traded.
How to Buy Acv Auctions Stock
Wondering how to invest in Acv Auctions stock? Here's how.
- Choose where to buy Acv Auctions stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Acv Auctions stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your information.
- Evaluate Acv Auctions stock: The Acv Auctions ticker symbol is ACVA. Is Acv Auctions stock a good investment? Should you buy shares of ACVA? How do ACVA's underlying business fundamentals look? Do top analysts think Acv Auctions is a good buy? Why has ACVA's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ACVA is a good stock to buy).
- Place your ACVA buy order: Decide if you will purchase ACVA shares at the current market price or use a limit order to purchase ACVA stock at a specific price.
- Keep an eye on your ACVA investment: Create a watchlist to keep tabs on your new investment in Acv Auctions stock.
Step 1: Choose where to buy Acv Auctions stock
You need a brokerage account to access the NYSE market and buy ACVA stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you can buy ACVA today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on the best stock trading app, you need to deposit funds:
Check out the video below for more details transferring funds into your investment account.
Step 4: Evaluate Acv Auctions stock
Once you have chosen the best place to buy Acv Auctions stock, it's critical to evaluate their stock before you invest, so you can comprehend the risk as well as the opportunity.
Acv Auctions shares quick numbers
ACVA Due Diligence Score
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on ACVA's stock page.
Is ACVA stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ACVA's intrinsic value.
Using relative valuations metrics:
- ACVA may be overvalued based on its P/B ratio of 5.34x, relative to Auto & Truck Dealerships industry P/B ratio of 2.84x
You can do more valuation research on ACVA's stock here.
How do ACVA Financials look?
Positive Health Checks:
- Total ACVA debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the ACVA balance sheet.
- ACVA's operating cash flow of $65.40M allows it to safely service it's debt of $123.00M.
- ACVA profit margin has gone up from -15.6% to -12.5% in the past year.
- There are more short-term assets than long-term liabilities on the ACVA balance sheet.
Negative Health Checks:
- ACVA has a relatively high debt to equity ratio of 1.24.
- ACVA earnings of -$74.77M is not sufficient to cover its interest payments.
Do analysts think it's a good time to buy ACVA stock
Out of 11 sell side analysts who give forecasts on ACVA, the consensus analyst rating on ACVA is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent ACVA Analyst Recommendations
Daniel Imbro, a top 17% analyst from Stephens & Co. initiates coverage on ACVA with a hold rating and announces their ACVA price target of $20.00, on Jan 22, 2025.
Andrew Boone, a top 3% analyst from JMP Securities reiterates ACVA with a buy rating and maintains their ACVA price target from $25.00 to $25.00, on Dec 16, 2024.
Ronald Josey, a top 6% analyst from Citigroup maintains ACVA with a strong buy rating and raises their ACVA price target from $22.00 to $27.00, on Nov 27, 2024.
Citigroup's Ronald Josey raised their price target on Acv Auctions (NASDAQ: ACVA) by 22.7% from $22 to $27 on 2024/11/27. The analyst maintained their Strong Buy rating on the stock.
Currently, 15% of the auto wholesale market is digital, and Josey said they believe ACV Auctions is gaining digital market share at a rate putting the company close to 10% of the total digital market.
"Citigroup is encouraged by the adoption of more recent products, such as ClearCar," the analyst told investors.
Looking ahead, Josey predicted that the company will increase its transaction share and profit margin.
Naved Khan, a top 9% analyst from B. Riley Securities maintains ACVA with a strong buy rating and raises their ACVA price target from $24.00 to $27.00, on Nov 26, 2024.
Gary Prestopino, a top 25% analyst from Barrington Research maintains ACVA with a buy rating and maintains their ACVA price target from $23.00 to $23.00, on Nov 4, 2024.
You can dig deeper into what analysts are forecasting on the Acv Auctions stock forecast page.
ACVA Technical Indicators
ACVA Revenue
Last year, ACVA revenue was $637.16M. In the past 5 year, ACVA's revenue has gone up by 42.92% per year. This was faster than the Auto & Truck Dealerships industry average of 17.83%.
Dive into ACVA's earnings and revenue performance here.
Are ACVA insiders buying or selling the stock?
In the last year, executives and large shareholders at ACVA have sold more shares than they have bought.
Craig Eric Anderson, CCDSO of ACVA, was the latest ACVA insider to sell. They sold $52,743.15 worth of ACVA stock on Apr 1, 2025.
Dig into more about who owns ACVA stock here.
Does ACVA stock generate passive income?
No, Acv Auctions doesn't provide an income stream by paying out dividends.
What do other traders have to say about ACVA?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your ACVA buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your ACVA investment
Now that you own some ACVA stock, you'll want to stay up-to-date on your new company.
Put ACVA on a watchlist to keep tabs on your ACVA stock.
ACVA Feed
How to Buy Stock in Acv Auctions
To summarize, here are the 6 steps you need to take to buy Acv Auctions stock right now:
- Choose where to buy Acv Auctions stock
- Create your brokerage account
- Deposit money your investment account
- Evaluate Acv Auctions stock
- Place your ACVA buy order
- Keep an eye on your ACVA investment
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your investment in Acv Auctions, add ACVA to your watchlist by clicking the button below.
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