Advantage Solutions (NASDAQ:ADV) Stock Rating Upgraded by Wall Street Zen

Advantage Solutions (NASDAQ:ADV) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

Other equities analysts have also issued reports about the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Advantage Solutions in a research report on Wednesday, January 21st. Morgan Stanley cut their target price 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. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $2.00.

Advantage Solutions Stock Up 0.4%

Shares of NASDAQ:ADV opened at $0.62 on Friday. The company’s fifty day moving average is $0.83 and its 200-day moving average is $1.24. 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 52 week low of $0.53 and a 52 week high of $2.69. The company has a market capitalization of $202.25 million, a PE ratio of -0.83 and a beta of 2.20.

Institutional Investors Weigh In On Advantage Solutions

A number of institutional investors and hedge funds have recently made changes to their positions in ADV. Creative Planning acquired a new position in shares of Advantage Solutions in the 2nd quarter valued at $26,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Advantage Solutions during the second quarter worth $31,000. Two Sigma Investments LP bought a new stake in Advantage Solutions in the third quarter valued at about $35,000. Voleon Capital Management LP acquired a new position in Advantage Solutions in the third quarter valued at about $36,000. Finally, Virtu Financial LLC acquired a new position in Advantage Solutions in the third quarter valued at about $36,000. Institutional investors own 49.82% of the company’s stock.

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.