Advantage Solutions Inc. (NASDAQ:ADV – Get Rating) Director James M. Kilts purchased 56,089 shares of the business’s stock in a transaction on Thursday, May 18th. The stock was acquired at an average cost of $1.87 per share, with a total value of $104,886.43. Following the completion of the acquisition, the director now directly owns 289,979 shares in the company, valued at approximately $542,260.73. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Advantage Solutions Stock Up 4.4 %
Shares of Advantage Solutions stock opened at $1.90 on Tuesday. The stock has a market capitalization of $615.90 million, a P/E ratio of -0.42 and a beta of 1.43. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 1.70. The stock has a 50 day moving average price of $1.51 and a two-hundred day moving average price of $2.07. Advantage Solutions Inc. has a 12-month low of $1.13 and a 12-month high of $4.64.
Advantage Solutions (NASDAQ:ADV – Get Rating) last announced its earnings results on Wednesday, March 1st. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.34. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Advantage Solutions had a positive return on equity of 10.02% and a negative net margin of 34.90%. Equities analysts expect that Advantage Solutions Inc. will post -0.34 earnings per share for the current year.
Institutional Investors Weigh In On Advantage Solutions
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upped their target price on Advantage Solutions from $2.60 to $2.90 and gave the company a “neutral” rating in a report on Friday, March 3rd.
Advantage Solutions Company Profile
Advantage Solutions Inc provides outsourced solutions to consumer goods companies and retailers in North America and internationally. It operates in two segments, Sales and Marketing. The Sales segment offers brand-centric services, such as headquarter relationship management; analytics, insights, and intelligence; administration; and brand-centric merchandising services.
- Get a free copy of the StockNews.com research report on Advantage Solutions (ADV)
- monday.com Surges on Price and Volume after Blowout Results
- Can Ryanair Stock Fly Above Resistance Levels, What Earnings Show
- All Aboard! The Sell-Side Has Railroads In Reversal
- Is There Value Left in Lyft Stock?
- Everything About ZIM Integrated Screams Undervaluation
Receive News & Ratings for Advantage Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Solutions and related companies with MarketBeat.com's FREE daily email newsletter.