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AvidXchange Holdings (AVDX)
NASDAQ:AVDX
Holding AVDX?
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AVDX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.38 - $13.56
Previous Close$10.71
Volume758.25K
Average Volume (3M)2.00M
Market Cap
$2.23B
Enterprise Value$1.88B
Total Cash (Recent Filing)$394.28M
Total Debt (Recent Filing)$80.88M
Price to Earnings (P/E)―
Beta1.43
Next Earnings
Feb 26, 2025EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding205,725,969
10 Day Avg. Volume2,134,381
30 Day Avg. Volume2,003,947
Standard Deviation0.16
R-Squared0.10
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)3.25
Price to Sales (P/S)5.12
Price to Cash Flow (P/CF)22.30
P/FCF Ratio25.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.39
Enterprise Value/Gross Profit7.23
Enterprise Value/Ebitda37.04
Forecast
1Y Price Target
$11.04Price Target Upside1.33% Upside
Rating ConsensusHold
Number of Analyst Covering13
AvidXchange Holdings News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceQ3 results were good, with revenue beating Street by ~2% and EBITDA beat nicely.
Growth OpportunitiesRecent partnerships (AppFolio, M3, Buildium, and Workamajig) could collectively accelerate organic revenue growth to +15% y/y.
Product InnovationThe new Payments Accelerator product in 2025 is expected to add 2-5% per year to the Payments segment in the next few years.
Bears Say
Macroeconomic PressureSustained pressure in real estate/construction and SMB volatility present downside risk to revenue and earnings estimates.
Market ConfidenceFollowing 2Q's miss and guide down, regaining investor confidence in 3Q will be a challenge.
Revenue GrowthGuidance for Q4 revenue growth of 10% is below the estimate of 11.6%, from political revenue shortfall from the Fast Pay acquisition.
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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 $7.38 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 Feb 26, 2025 which is in 97 days.
How were AvidXchange Holdings’s earnings last quarter?
AvidXchange Holdings released its earnings results on Nov 06, 2024. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.066 by $0.004.
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 $0.07.
How many shares outstanding does AvidXchange Holdings have?
AvidXchange Holdings has 205,725,970 shares outstanding.
What happened to AvidXchange Holdings’s price movement after its last earnings report?
AvidXchange Holdings reported an EPS of $0.07 in its last earnings report, beating expectations of $0.066. Following the earnings report the stock price went up 13.882%.
Which hedge fund is a major shareholder of AvidXchange Holdings?
Among the largest hedge funds holding AvidXchange Holdings’s share is Par Capital Management Inc. It holds AvidXchange Holdings’s shares valued at 27M.
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AvidXchange Holdings Stock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$11.04 (1.33% Upside)
$11.04 (1.33% Upside)
Blogger Sentiment
Bullish
AVDX Sentiment 83%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 3.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 2.0%
Last 30 Days ▲ 13.9%
Last 30 Days ▲ 13.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.40%
12-Months-Change
Fundamentals
Return on Equity
-0.15%
Trailing 12-Months
Asset Growth
-5.46%
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
Q3 2024
0:00 / 0:00
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AVDX Stock 12 Month Forecast
Average Price Target
$11.04
▲(1.33% Upside)
Technical Analysis
Best Analysts Covering AVDX
1 Year
1 Year Success Rate
14/23 ratings generated profit
1 Year Average Return
+13.35%
reiterated a buy rating 16 days ago
Copying David Koning's trades and holding each position for 1 Year would result in 60.87% of your transactions generating a profit, with an average return of +13.35% per trade.
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