Latest news with #ACVAuctions
Yahoo
13-06-2025
- Business
- Yahoo
Sensata Technologies, Amplitude, Entegris, ACV Auctions, and American Eagle Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict. The conflict intensified market anxiety, compounding volatility, especially in risk assets like stocks, and prompting a pronounced shift toward safe-haven assets. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Analog Semiconductors company Sensata Technologies (NYSE:ST) fell 5.1%. Is now the time to buy Sensata Technologies? Access our full analysis report here, it's free. Data Analytics company Amplitude (NASDAQ:AMPL) fell 5%. Is now the time to buy Amplitude? Access our full analysis report here, it's free. Semiconductor Manufacturing company Entegris (NASDAQ:ENTG) fell 5.3%. Is now the time to buy Entegris? Access our full analysis report here, it's free. Online Marketplace company ACV Auctions (NYSE:ACVA) fell 5.6%. Is now the time to buy ACV Auctions? Access our full analysis report here, it's free. Apparel Retailer company American Eagle (NYSE:AEO) fell 5.4%. Is now the time to buy American Eagle? Access our full analysis report here, it's free. ACV Auctions's shares are quite volatile and have had 15 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 4 months ago when the stock dropped 9.2% on the news that the company reported weak fourth-quarter results, and provided full-year revenue and EBITDA guidance below Wall Street's estimates. The outlook assumed a flat dealer wholesale market, which might limit upside potential in the near term. In addition, margins deteriorated, and the company burned cash during the quarter. On the other hand, ACVA blew past analysts' EBITDA expectations this quarter. It also expanded its number of units sold, leading to a revenue beat. Still, this was a softer quarter due to the outlook. ACV Auctions is down 26.6% since the beginning of the year, and at $15.37 per share, it is trading 33.7% below its 52-week high of $23.17 from December 2024. Investors who bought $1,000 worth of ACV Auctions's shares at the IPO in March 2021 would now be looking at an investment worth $491.68. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
11-06-2025
- Automotive
- Yahoo
ACVA Q1 Earnings Call: Product Innovation and Market Share Drive Growth Amid Industry Headwinds
Online used car auction platform ACV Auctions (NASDAQ:ACVA) met Wall Street's revenue expectations in Q1 CY2025, with sales up 25.4% year on year to $182.7 million. The company expects next quarter's revenue to be around $195.5 million, close to analysts' estimates. Its non-GAAP profit of $0.04 per share was $0.02 above analysts' consensus estimates. Is now the time to buy ACVA? Find out in our full research report (it's free). Revenue: $182.7 million vs analyst estimates of $182.3 million (25.4% year-on-year growth, in line) Adjusted EBITDA: $13.91 million vs analyst estimates of $10.5 million (7.6% margin, 32.4% beat) The company reconfirmed its revenue guidance for the full year of $775 million at the midpoint EBITDA guidance for the full year is $70 million at the midpoint, in line with analyst expectations Operating Margin: -7.9%, up from -15.5% in the same quarter last year Marketplace Units: 208,025, up 33,394 year on year Market Capitalization: $2.86 billion ACV Auctions' latest quarter was shaped by continued expansion of its dealer partner network, increased adoption of value-added solutions, and advancements in its technology platform. CEO George Chamoun emphasized that the company's dealer wholesale business captured greater market share despite a challenging market environment, while ACV Transport and Capital posted record results in both revenue and service adoption. Product enhancements, including AI-enabled pricing guidance and new marketplace features, contributed to higher engagement and transaction volumes. Management also cited growing interest in data services such as ClearCar and ACV MAX, which are beginning to displace incumbent providers and support broader platform adoption. These factors, alongside disciplined expense management, underpinned the company's margin improvements in the quarter. Looking ahead, ACV Auctions' full-year guidance remains anchored by investments in its commercial platform, AI-driven product roadmap, and ongoing expansion of its service offerings. Management believes these initiatives will support adjusted EBITDA growth and margin expansion even as the broader wholesale vehicle market faces flat conditions. CFO Bill Zerella noted that operating expense growth will focus on scaling remarketing centers and commercial capabilities, while maintaining a disciplined approach to costs. CEO George Chamoun highlighted the early-stage rollout of several AI-powered products, including Project Viper and advanced pricing tools, with expectations that these innovations will further differentiate ACV's marketplace and create new growth levers. Management remains focused on executing its profitable growth strategy while navigating macroeconomic uncertainties such as tariffs and supply constraints. Management attributed Q1 performance to market share gains, expansion of value-added services, and the rollout of new AI-driven capabilities across its marketplace platform. Dealer network expansion: ACV continued to grow its dealer partner base, leveraging a differentiated marketplace experience and expanding product offerings to attract both independent and franchise dealerships. AI-powered product enhancements: The company rolled out advanced AI features, including condition-based pricing guidance and real-time recommendations for buyers and sellers, aimed at improving conversion rates and customer experience. Record marketplace services performance: ACV Transport and Capital achieved all-time highs in revenue and adoption, with ACV Capital reporting over 30% revenue growth and improved risk management metrics, including lower bad debt expense. Data services momentum: The ClearCar and ACV MAX product lines saw strong demand, with ClearCar's real-time appraisals and ACV MAX's predictive pricing tools gaining traction among large dealer groups seeking to replace older inventory management systems. Early-stage commercial platform development: ACV advanced its commercial remarketing capabilities, including integration with service providers and progress toward launching its first greenfield remarketing center in the second half of the year, laying the groundwork for future supply channel diversification. Management expects future performance to depend on successful execution of its AI-driven product roadmap, expansion in commercial channels, and continued cost discipline amid a flat wholesale vehicle market. AI and product innovation: The company is investing in advanced AI technologies, such as machine learning and large language models, to power tools like Project Viper and predictive pricing. These innovations are expected to enhance dealer productivity, increase engagement, and create competitive advantages as they scale through 2025. Commercial platform investments: ACV is prioritizing the development and rollout of its commercial remarketing platform, with pilot programs and new integrations set to launch in the second half of the year. Management believes this will open new avenues for supply and drive additional revenue growth. Expense management and margin expansion: While operating expenses are planned to rise to support growth initiatives, management reiterated its expectation that revenue growth will outpace non-GAAP operating expense growth (excluding cost of revenue and depreciation/amortization), supporting non-GAAP EBITDA margin improvement even if market volumes remain flat. In the coming quarters, the StockStory team will be watching (1) the pace of adoption and results from the Project Viper beta and other AI-driven product rollouts; (2) progress on commercial platform integration and the opening of new remarketing centers; and (3) the impact of expense management initiatives on adjusted EBITDA margins as the company invests in growth. Additional supply channel diversification and sustained dealer network growth will also be key indicators of long-term execution. ACV Auctions currently trades at a forward EV/EBITDA ratio of 31.2×. In the wake of earnings, is it a buy or sell? The answer lies in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Automotive
- Yahoo
ACV Auctions's (NYSE:ACVA) Q1 Earnings Results: Revenue In Line With Expectations, Increases Its Marketplace Units
Online used car auction platform ACV Auctions (NASDAQ:ACVA) met Wall Street's revenue expectations in Q1 CY2025, with sales up 25.4% year on year to $182.7 million. The company expects next quarter's revenue to be around $195.5 million, close to analysts' estimates. Its GAAP loss of $0.09 per share was 22.4% above analysts' consensus estimates. Is now the time to buy ACV Auctions? Find out in our full research report. ACV Auctions (ACVA) Q1 CY2025 Highlights: Revenue: $182.7 million vs analyst estimates of $182.3 million (25.4% year-on-year growth, in line) EPS (GAAP): -$0.09 vs analyst estimates of -$0.12 (22.4% beat) Adjusted EBITDA: $13.91 million vs analyst estimates of $10.5 million (7.6% margin, 32.4% beat) The company reconfirmed its revenue guidance for the full year of $775 million at the midpoint EBITDA guidance for the full year is $70 million at the midpoint, in line with analyst expectations Operating Margin: -7.9%, up from -15.5% in the same quarter last year Free Cash Flow was $56.55 million, up from -$11.19 million in the previous quarter Marketplace Units: 208,025, up 33,394 year on year Market Capitalization: $2.68 billion 'We are very pleased with our first quarter results. We delivered strong revenue growth and Adjusted EBITDA above the high-end of our guidance range, along with continued margin expansion. ACV's leading market position resulted in additional share gains, our suite of dealer solutions gained further market traction, and we executed on initiatives to support our commercial wholesale strategy,' said George Chamoun, CEO of ACV. Company Overview Founded in 2014, ACV Auctions (NASDAQ:ACVA) is an online auction marketplace for car dealers and wholesalers to buy and sell used cars. Sales Growth A company's long-term sales performance can indicate its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Luckily, ACV Auctions's sales grew at an impressive 19.8% compounded annual growth rate over the last three years. Its growth beat the average consumer internet company and shows its offerings resonate with customers, a helpful starting point for our analysis. ACV Auctions Quarterly Revenue This quarter, ACV Auctions's year-on-year revenue growth of 25.4% was excellent, and its $182.7 million of revenue was in line with Wall Street's estimates. Company management is currently guiding for a 21.7% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 21.5% over the next 12 months, an acceleration versus the last three years. This projection is admirable and implies its newer products and services will spur better top-line performance.
Yahoo
06-05-2025
- Business
- Yahoo
ACV Auctions (ACVA) To Report Earnings Tomorrow: Here Is What To Expect
Online used car auction platform ACV Auctions (NASDAQ:ACVA) will be reporting earnings tomorrow afternoon. Here's what to expect. ACV Auctions beat analysts' revenue expectations by 2.4% last quarter, reporting revenues of $159.5 million, up 34.8% year on year. It was a slower quarter for the company, with full-year EBITDA guidance missing analysts' expectations significantly and EBITDA guidance for next quarter missing analysts' expectations significantly. It reported 183,497 units sold, up 27.4% year on year. Is ACV Auctions a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting ACV Auctions's revenue to grow 25.1% year on year to $182.3 million, improving from the 21.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.02 per share. ACV Auctions Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. ACV Auctions has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 3.4% on average. Looking at ACV Auctions's peers in the online marketplace segment, some have already reported their Q1 results, giving us a hint as to what we can expect. EverQuote delivered year-on-year revenue growth of 83%, beating analysts' expectations by 5.2%, and Etsy reported flat revenue, topping estimates by 1.4%. Etsy traded down 8% following the results. Read our full analysis of EverQuote's results here and Etsy's results here. There has been positive sentiment among investors in the online marketplace segment, with share prices up 17.5% on average over the last month. ACV Auctions is up 14.7% during the same time and is heading into earnings with an average analyst price target of $22.73 (compared to the current share price of $15.36). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Yahoo
01-04-2025
- Automotive
- Yahoo
Q4 Rundown: ACV Auctions (NYSE:ACVA) Vs Other Online Marketplace Stocks
Looking back on online marketplace stocks' Q4 earnings, we examine this quarter's best and worst performers, including ACV Auctions (NYSE:ACVA) and its peers. Marketplaces have existed for centuries. Where once it was a main street in a small town or a mall in the suburbs, sellers benefitted from proximity to one another because they could draw customers by offering convenience and selection. Today, a myriad of online marketplaces fulfill that same role, aggregating large customer bases, which attracts commission-paying sellers, generating flywheel scale effects that feed back into further customer acquisition. The 13 online marketplace stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 2.1% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 15.4% since the latest earnings results. Founded in 2014, ACV Auctions (NASDAQ:ACVA) is an online auction marketplace for car dealers and wholesalers to buy and sell used cars. ACV Auctions reported revenues of $159.5 million, up 34.8% year on year. This print exceeded analysts' expectations by 2.4%. Despite the top-line beat, it was still a slower quarter for the company with full-year EBITDA guidance missing analysts' expectations. 'We are very pleased with our fourth quarter results, with revenue and Adjusted EBITDA above the high-end of our guidance range, along with continued margin expansion. ACV's leading market position resulted in additional share gains and strong revenue growth in the quarter. Our expanding suite of dealer solutions gained further market traction and we executed on initiatives to support our commercial wholesale strategy,' said George Chamoun, CEO of ACV. ACV Auctions delivered the weakest full-year guidance update of the whole group. The company reported 183,497 units sold, up 27.4% year on year. Unsurprisingly, the stock is down 32.4% since reporting and currently trades at $13.93. Is now the time to buy ACV Auctions? Access our full analysis of the earnings results here, it's free. Originally started as an online auction platform, MercadoLibre (NASDAQ:MELI) is a one-stop e-commerce marketplace and fintech platform in Latin America. MercadoLibre reported revenues of $6.06 billion, up 37.4% year on year, outperforming analysts' expectations by 2.8%. The business had an exceptional quarter with an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' number of unique active users estimates. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 7.2% since reporting. It currently trades at $1,966. Is now the time to buy MercadoLibre? Access our full analysis of the earnings results here, it's free. Founded to help people in rural areas get online medical consultations, Teladoc Health (NYSE:TDOC) is a telemedicine platform that facilitates remote doctor's visits. Teladoc reported revenues of $640.5 million, down 3% year on year, in line with analysts' expectations. It was a softer quarter as it posted full-year EBITDA guidance missing analysts' expectations. Teladoc delivered the slowest revenue growth in the group. The company reported 93.8 million users, up 4.7% year on year. As expected, the stock is down 27.6% since the results and currently trades at $7.96. Read our full analysis of Teladoc's results here. Founded by a struggling amateur furniture maker Robert Kalin and his two friends, Etsy (NASDAQ:ETSY) is one of the world's largest online marketplaces, focusing on handmade or vintage items. Etsy reported revenues of $852.2 million, up 1.2% year on year. This number missed analysts' expectations by 1.2%. Overall, it was a softer quarter as it also logged a slight miss of analysts' number of active buyers estimates and a decline in its buyers. The company reported 95.46 million active buyers, down 1.1% year on year. The stock is down 17.7% since reporting and currently trades at $47.19. Read our full, actionable report on Etsy here, it's free. Aiming to address a high-stakes and often confusing decision, eHealth (NASDAQ:EHTH) guides consumers through health insurance enrollment and related topics. eHealth reported revenues of $315.2 million, up 27.3% year on year. This result beat analysts' expectations by 11.4%. Overall, it was a very strong quarter as it also put up a solid beat of analysts' EBITDA estimates and full-year EBITDA guidance exceeding analysts' expectations. eHealth delivered the biggest analyst estimates beat among its peers. The stock is down 30% since reporting and currently trades at $6.41. Read our full, actionable report on eHealth here, it's free. 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