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Avid Bioservices (CDMO)
NASDAQ:CDMO
Avid Bioservices (CDMO) Stock Price & Analysis
444 Followers
CDMO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.07 - $17.39
Previous Close$9.28
Volume987.63K
Average Volume (3M)1.44M
Market Cap
$589.09M
Enterprise Value$753.29M
Total Cash (Recent Filing)$30.71M
Total Debt (Recent Filing)$194.90M
Price to Earnings (P/E)-32.1
Beta1.77
Next Earnings
Jun 26, 2024EPS Estimate
-$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.29
Shares Outstanding63,479,794
10 Day Avg. Volume1,256,933
30 Day Avg. Volume1,438,398
Standard Deviation0.19
R-Squared0.20
Alpha0.00851
Financial Highlights & Ratios
Price to Book (P/B)3.21
Price to Sales (P/S)17.42
Price to Cash Flow (P/CF)37.40
P/FCF Ratio1955.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.77
Enterprise Value/Gross Profit23.93
Enterprise Value/Ebitda-75.29
Forecast
1Y Price Target
$10.00Price Target Upside7.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Avid Bioservices News
PremiumCompany Announcements
Avid Bioservices Q3 Financial Results Conference Call Announcement
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CDMO FAQ
What was Avid Bioservices’s price range in the past 12 months?
Avid Bioservices lowest stock price was $4.07 and its highest was $17.39 in the past 12 months.
What is Avid Bioservices’s market cap?
Currently, no data Available
When is Avid Bioservices’s upcoming earnings report date?
Avid Bioservices’s upcoming earnings report date is Jun 26, 2024 which is in 36 days.
How were Avid Bioservices’s earnings last quarter?
Avid Bioservices released its earnings results on Apr 24, 2024. The company reported -$0.09 earnings per share for the quarter, missing the consensus estimate of -$0.047 by -$0.043.
Is Avid Bioservices overvalued?
According to Wall Street analysts Avid Bioservices’s price is currently Undervalued.
Does Avid Bioservices pay dividends?
Avid Bioservices does not currently pay dividends.
What is Avid Bioservices’s EPS estimate?
Avid Bioservices’s EPS estimate is -$0.04.
How many shares outstanding does Avid Bioservices have?
Avid Bioservices has 63,479,794 shares outstanding.
What happened to Avid Bioservices’s price movement after its last earnings report?
Avid Bioservices reported an EPS of -$0.09 in its last earnings report, missing expectations of -$0.047. Following the earnings report the stock price went up 7.174%.
Which hedge fund is a major shareholder of Avid Bioservices?
Among the largest hedge funds holding Avid Bioservices’s share is Royce & Associates LLC. It holds Avid Bioservices’s shares valued at 4M.
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Avid Bioservices Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$10.00 (7.76% Upside)
$10.00 (7.76% Upside)
Blogger Sentiment
Bullish
CDMO Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 193.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $137.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 12.8%
Last 30 Days ▲ 12.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-36.95%
12-Months-Change
Fundamentals
Return on Equity
-9.99%
Trailing 12-Months
Asset Growth
1.06%
Trailing 12-Months
Company Description
Avid Bioservices
Avid Bioservices, Inc. engages in the commercial manufacturing which focuses on biopharmaceutical products derived from mammalian cell culture for culture for biotechnology and pharmaceutical companies. The firm specializes in clinical and commercial product manufacturing, purification, bulk packaging, stability testing and regulatory submissions, and support. The company was founded on June 3, 1981 and is headquartered in Tustin, CA.
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CDMO Earnings Call
Q2 2023
0:00 / 0:00
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CDMO Stock 12 Month Forecast
Average Price Target
$10.00
▲(7.76% Upside)
Technical Analysis
Best Analysts Covering CDMO
1 Year
1 Year Success Rate
10/20 ratings generated profit
1 Year Average Return
+20.11%
assigned a buy rating 14 days ago
Copying Matt Hewitt's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +20.11% per trade.
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