ADV Stock Summary and Trading Ideas (Advantage Solutions - Class A | NASDAQ:ADV)

Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.

Advantage Solutions - Class A trades on the NASDAQ stock market under the symbol ADV.

As of May 10, 2024, ADV stock price declined to $3.51 with 1,284,378 million shares trading.

ADV has a beta of 1.79, meaning it tends to be more sensitive to market movements. ADV has a correlation of 0.11 to the broad based SPY ETF.

ADV has a market cap of $1.14 billion. This is considered a Small Cap stock.

Last quarter Advantage Solutions - Class A reported $879 million in Revenue and -$.15 earnings per share. This beat revenue expectation by $12 million and missed earnings estimates by -$.10.

In the last 3 years, ADV stock traded as high as $12.89 and as low as $1.13.

The top ETF exchange traded funds that ADV belongs to (by Net Assets): VTI, VB, IWM, VXF, VBR.

ADV has outperformed the market in the last year with a return of +134.0%, while the SPY ETF gained +27.8%. However, in the most recent history, ADV shares have underperformed the stock market with its stock returning -11.1% in the last 3 month period and -22.2% for the last 2 week period, while SPY has returned +4.2% and +2.5%, respectively.

ADV support price is $3.61 and resistance is $3.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADV stock will trade within this expected range on the day.