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AvidXchange Holdings (AVDX)
NASDAQ:AVDX
AvidXchange Holdings (AVDX) Stock Price & Analysis
115 Followers
AVDX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.88 - $13.56
Previous Close$11.77
Volume1.72M
Average Volume (3M)1.70M
Market Cap
$2.40B
Enterprise Value$2.12B
Total Cash (Recent Filing)$431.73M
Total Debt (Recent Filing)$150.51M
Price to Earnings (P/E)-50.1
Beta1.46
Next Earnings
May 08, 2024EPS Estimate
$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.23
Shares Outstanding204,324,279
10 Day Avg. Volume1,234,573
30 Day Avg. Volume1,702,788
Standard Deviation0.17
R-Squared0.11
Alpha-0.00993
Financial Highlights & Ratios
Price to Book (P/B)6.89
Price to Sales (P/S)7.60
Price to Cash Flow (P/CF)-22.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.64
Enterprise Value/Gross Profit6.71
Enterprise Value/Ebitda-76.04
Forecast
1Y Price Target
$14.08Price Target Upside17.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
AvidXchange Holdings News
PremiumCompany Announcements
AvidXchange Revamps Board with Strategic Leadership Changes
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAvidXchange has a consistent pattern of exceeding revenue expectations, with the latest quarter's revenue beating estimates by 6%.
Operational EfficiencyThe company's adjusted EBITDA significantly surpassed analyst expectations, showcasing strong profit margins and operational efficiency.
Product InnovationAnalyst projects a potential revenue acceleration from the new Payments Accelerator product.
Bears Say
Financial OutlookConcerns remain around the achievability of 2025 estimates, which appear aggressive without a meaningful improvement in the macro environment.
Management GuidanceManagement's ability to drive operating leverage excluding float will likely be tested heading into a rate easing cycle.
Revenue GrowthOne-time political revenue creates a tough comparison and risk to achieving the rule of 40 target by FY25.
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Ownership Overview
24.90% Insiders
22.97% Mutual Funds
15.84% Other Institutional Investors
36.29% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AVDX FAQ
What was AvidXchange Holdings’s price range in the past 12 months?
AvidXchange Holdings lowest stock price was $6.88 and its highest was $13.56 in the past 12 months.
What is AvidXchange Holdings’s market cap?
Currently, no data Available
When is AvidXchange Holdings’s upcoming earnings report date?
AvidXchange Holdings’s upcoming earnings report date is May 08, 2024 which is in 14 days.
How were AvidXchange Holdings’s earnings last quarter?
AvidXchange Holdings released its earnings results on Feb 28, 2024. The company reported $0.048 earnings per share for the quarter, beating the consensus estimate of $0.007 by $0.041.
Is AvidXchange Holdings overvalued?
According to Wall Street analysts AvidXchange Holdings’s price is currently Undervalued.
Does AvidXchange Holdings pay dividends?
AvidXchange Holdings does not currently pay dividends.
What is AvidXchange Holdings’s EPS estimate?
AvidXchange Holdings’s EPS estimate is $0.03.
How many shares outstanding does AvidXchange Holdings have?
AvidXchange Holdings has 204,324,280 shares outstanding.
What happened to AvidXchange Holdings’s price movement after its last earnings report?
AvidXchange Holdings reported an EPS of $0.048 in its last earnings report, beating expectations of $0.007. Following the earnings report the stock price went up 4.53%.
Which hedge fund is a major shareholder of AvidXchange Holdings?
Among the largest hedge funds holding AvidXchange Holdings’s share is Lone Pine Capital LLC. It holds AvidXchange Holdings’s shares valued at 63M.
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AvidXchange Holdings Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$14.08 (17.04% Upside)
$14.08 (17.04% Upside)
Blogger Sentiment
Bullish
AVDX Sentiment 85%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 825.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $37.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 4.5%
Last 30 Days ▼ 4.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
53.85%
12-Months-Change
Fundamentals
Return on Equity
-7.20%
Trailing 12-Months
Asset Growth
12.28%
Trailing 12-Months
Company Description
AvidXchange Holdings
AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue.
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AVDX Company Deck
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AVDX Earnings Call
Q4 2024
0:00 / 0:00
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AVDX Stock 12 Months Forecast
Average Price Target
$14.08
▲(17.04% Upside)
Technical Analysis
Best Analysts Covering AVDX
1 Year
1 Year Success Rate
14/18 ratings generated profit
1 Year Average Return
+22.48%
reiterated a buy rating 14 days ago
Copying David Koning's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +22.48% per trade.
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