Joseph Neiman - ACV Auctions Founder Officer

ACVA Stock  USD 22.71  0.32  1.43%   

Insider

Joseph Neiman is Founder Officer of ACV Auctions
Address 640 Ellicott Street, Buffalo, NY, United States, 14203
Phone800 553 4070
Webhttps://www.acvauto.com

ACV Auctions Management Efficiency

The company has return on total asset (ROA) of (0.0498) % which means that it has lost $0.0498 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1664) %, meaning that it created substantial loss on money invested by shareholders. ACV Auctions' management efficiency ratios could be used to measure how well ACV Auctions manages its routine affairs as well as how well it operates its assets and liabilities. As of November 29, 2024, Return On Tangible Assets is expected to decline to -0.11. In addition to that, Return On Capital Employed is expected to decline to -0.16. At present, ACV Auctions' Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 18.7 M, whereas Total Assets are forecasted to decline to about 776.6 M.
ACV Auctions currently holds 115 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the company is not taking enough advantage from borrowing. ACV Auctions has a current ratio of 2.1, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about ACV Auctions' use of debt, we should always consider it together with its cash and equity.

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ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York. ACV Auctions operates under Auto Truck Dealerships classification in the United States and is traded on NASDAQ Exchange. ACV Auctions (ACVA) is traded on NASDAQ Exchange in USA. It is located in 640 Ellicott Street, Buffalo, NY, United States, 14203 and employs 2,170 people. ACV Auctions is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

ACV Auctions Leadership Team

Elected by the shareholders, the ACV Auctions' board of directors comprises two types of representatives: ACV Auctions inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ACV. The board's role is to monitor ACV Auctions' management team and ensure that shareholders' interests are well served. ACV Auctions' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ACV Auctions' outside directors are responsible for providing unbiased perspectives on the board's policies.
Craig Anderson, Chief Officer
Leanne Fitzgerald, Chief Secretary
Leanne JD, Chief Secretary
Maura Duggan, Associate Communications
William Zerella, Chief Officer
Sallie Reid, Chief Officer
Timothy Fox, VP Relations
Kate Clegg, Chief Officer
Joseph Neiman, Founder Officer
Bahman Koohestani, Chief Officer
Greg Borowski, Vice Solutions
Vikas Mehta, Chief Officer
Michael Waterman, Chief Officer
George Chamoun, CEO Director

ACV Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ACV Auctions a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether ACV Auctions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACV Auctions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acv Auctions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acv Auctions Stock:
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Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ACV Auctions. If investors know ACV will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ACV Auctions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
3.644
Quarterly Revenue Growth
0.44
Return On Assets
(0.05)
Return On Equity
(0.17)
The market value of ACV Auctions is measured differently than its book value, which is the value of ACV that is recorded on the company's balance sheet. Investors also form their own opinion of ACV Auctions' value that differs from its market value or its book value, called intrinsic value, which is ACV Auctions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ACV Auctions' market value can be influenced by many factors that don't directly affect ACV Auctions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ACV Auctions' value and its price as these two are different measures arrived at by different means. Investors typically determine if ACV Auctions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACV Auctions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.