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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$11.29
Volume1.64M
Average Volume (3M)1.85M
Market Cap
$2.33B
Enterprise Value$2.05B
Total Cash (Recent Filing)$431.73M
Total Debt (Recent Filing)$150.51M
Price to Earnings (P/E)-70.6
Beta1.40
Next Earnings
Jul 31, 2024EPS Estimate
$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.16
Shares Outstanding206,601,000
10 Day Avg. Volume2,472,280
30 Day Avg. Volume1,853,884
Standard Deviation0.17
R-Squared0.12
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)6.87
Price to Sales (P/S)7.37
Price to Cash Flow (P/CF)-22.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.35
Enterprise Value/Gross Profit6.48
Enterprise Value/Ebitda-73.45
Forecast
1Y Price Target
$14.08Price Target Upside24.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
AvidXchange Holdings News
PremiumCompany Announcements
AvidXchange Revamps Board with Strategic Leadership ChangesBulls Say, Bears Say
Bulls Say
Financial PerformanceAvidXchange showcases strong financial health with consistent improvement in payment yields and solid revenue growth in the B2B payments sector.
Growth PotentialAnalysts highlight AvidXchange's growth potential, reflected in raised EPS estimates for the coming years and the company's strong positioning in the A/P software and B2B payments market.
ProfitabilityAvidXchange's robust adjusted EBITDA margin highlights efficient cost management and the potential for sustained profitability.
Bears Say
Estimates AchievabilityConcerns remain around the achievability of 2025 estimates, which appear aggressive without a meaningful improvement in the macro environment.
Management Guidance CredibilityManagement has been non-committal when asked if 2024 growth will be above 20%, despite expected tailwinds from political ad spend.
Revenue Growth ConcernsInvestors lack confidence that AVDX can maintain 20%+ revenue growth, particularly with an uncertain volume outlook.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 Jul 31, 2024 which is in 73 days.
How were AvidXchange Holdings’s earnings last quarter?
AvidXchange Holdings released its earnings results on May 08, 2024. The company reported $0.055 earnings per share for the quarter, beating the consensus estimate of $0.032 by $0.023.
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 $0.04.
How many shares outstanding does AvidXchange Holdings have?
AvidXchange Holdings has 206,601,000 shares outstanding.
What happened to AvidXchange Holdings’s price movement after its last earnings report?
AvidXchange Holdings reported an EPS of $0.055 in its last earnings report, beating expectations of $0.032. Following the earnings report the stock price went down -3.253%.
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
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Analyst Consensus
Moderate Buy
Average Price Target:
$14.08 (24.71% Upside)
$14.08 (24.71% Upside)
Blogger Sentiment
Bullish
AVDX Sentiment 85%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 825.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $37.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 8.4%
Last 30 Days ▼ 8.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.75%
12-Months-Change
Fundamentals
Return on Equity
-4.90%
Trailing 12-Months
Asset Growth
8.63%
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
Q1 2024
0:00 / 0:00
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AVDX Stock 12 Month Forecast
Average Price Target
$14.08
▲(24.71% Upside)
Technical Analysis
Best Analysts Covering AVDX
1 Year
1 Year Success Rate
14/19 ratings generated profit
1 Year Average Return
+19.91%
reiterated a buy rating 12 days ago
Copying David Koning's trades and holding each position for 1 Year would result in 73.68% of your transactions generating a profit, with an average return of +19.91% per trade.
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