Advantage Solutions (NASDAQ:ADV) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Advantage Solutions (NASDAQ:ADV) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

A number of other analysts have also weighed in on ADV. Morgan Stanley reduced their price target on shares of Advantage Solutions from $2.00 to $1.50 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Advantage Solutions in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Advantage Solutions has a consensus rating of “Hold” and a consensus target price of $2.00.

Advantage Solutions Trading Up 0.4%

NASDAQ:ADV opened at $0.62 on Friday. The stock has a market cap of $202.26 million, a price-to-earnings ratio of -0.83 and a beta of 2.20. The company has a debt-to-equity ratio of 2.35, a quick ratio of 2.20 and a current ratio of 2.20. Advantage Solutions has a 1 year low of $0.53 and a 1 year high of $2.69. The business has a fifty day moving average of $0.83 and a 200-day moving average of $1.24.

Institutional Investors Weigh In On Advantage Solutions

Large investors have recently modified their holdings of the stock. Stoic Point Capital Management LLC acquired a new stake in shares of Advantage Solutions during the fourth quarter worth $1,375,000. Inspire Investing LLC boosted its position in shares of Advantage Solutions by 87.3% in the 4th quarter. Inspire Investing LLC now owns 554,271 shares of the company’s stock valued at $488,000 after purchasing an additional 258,379 shares during the period. CastleKnight Management LP increased its stake in Advantage Solutions by 18.1% in the 4th quarter. CastleKnight Management LP now owns 11,794,950 shares of the company’s stock worth $10,380,000 after purchasing an additional 1,806,891 shares in the last quarter. Graham Capital Management L.P. raised its holdings in Advantage Solutions by 285.1% during the 4th quarter. Graham Capital Management L.P. now owns 88,862 shares of the company’s stock worth $78,000 after buying an additional 65,785 shares during the period. Finally, Squarepoint Ops LLC lifted its stake in Advantage Solutions by 760.9% during the fourth quarter. Squarepoint Ops LLC now owns 175,542 shares of the company’s stock valued at $154,000 after buying an additional 155,151 shares in the last quarter. 49.82% of the stock is owned by institutional investors.

Advantage Solutions Company Profile

Advantage Solutions is a leading sales and marketing agency that provides outsourced solutions to consumer packaged goods companies. The firm’s offerings include field sales execution, retail merchandising, in-store and shopper marketing, e-commerce activation and data-driven analytics. By deploying dedicated sales teams alongside proprietary technology, Advantage Solutions helps brands optimize shelf placement, ensure compliance with promotional programs and strengthen consumer engagement.

The company’s service portfolio spans field sales and marketing, retail execution, brand ambassador programs, digital and experiential promotions, and shopper insights.