Avid Technology (AVID)
NASDAQ:AVID

Avid Technology Stock Analysis & Ratings

Avid Technology Stock Analysis Overview

Smart Score
5
Neutral
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The Avid Technology stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart

AVID

AVID Stock Stats

Previous Close$28.23
Open$28.41
Bid0 x 0
Ask0 x 0
Today’s Range$28.33 - $31.2
52-Week Range$17.00 - $40.48
Volume508.49K
Average Volume363.19K
Market Cap$1.40B
Beta1.21
P/E Ratio43.3
EPS0.72
Earnings DateMar 17, 2022

Company Description

Avid Technology

Avid Technology, Inc. engages in the provision of technology services for media and entertainment industry. It develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management and distribution. The company was founded by William J. Warner in September 1987 and is headquartered in Burlington, MA.
Sector
Technology
Industry
Interactive Media
CEO
Jeff Rosica
Employees
1,625
Website
www.avid.com
ISIN
US05367P1003
Address
75 Network Drive, Burlington, MA, 01803, US

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

AVID FAQ

What was Avid Technology’s price range in the past 12 months?
Avid Technology lowest stock price was $17.00 and its highest was $40.48 in the past 12 months.
    What is Avid Technology’s market cap?
    Avid Technology’s market cap is $1.40B.
      What is Avid Technology’s price target?
      The average price target for Avid Technology is $39.00. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $45.00 ,the lowest forecast is $33.00. The average price target represents 25.16% Increase from the current price of $31.16.
        What do analysts say about Avid Technology?
        Avid Technology’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 3 Wall Streets Analysts.
          When is Avid Technology’s upcoming earnings report date?
          Avid Technology’s upcoming earnings report date is Mar 17, 2022 which is in 47 days.
            How were Avid Technology’s earnings last quarter?
            Avid Technology released its earnings results on Nov 09, 2021. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02.
              Is Avid Technology overvalued?
              According to Wall Street analysts Avid Technology’s price is currently Undervalued.
                Does Avid Technology pay dividends?
                Avid Technology does not currently pay dividends.
                What is Avid Technology’s EPS estimate?
                Avid Technology’s EPS estimate for its next earnings report is not yet available.
                How many shares outstanding does Avid Technology have?
                Avid Technology has 45,020,000 shares outstanding.
                  What happened to Avid Technology’s price movement after its last earnings report?
                  Avid Technology reported an EPS of $0.27 in its last earnings report, beating expectations of $0.25. Following the earnings report the stock price went up 11.138%.
                    Which hedge fund is a major shareholder of Avid Technology?
                    Among the largest hedge funds holding Avid Technology’s share is Royce & Associates LLC. It holds Avid Technology’s shares valued at 60M.

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