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Avidxchange Holdings, Inc. (AVDX)
:AVDX
Holding AVDX?
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AVDX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.38 - $13.56
Previous CloseN/A
Volume2.13M
Average Volume (3M)1.57M
Market Cap
$2.11B
Enterprise Value$1.38B
Total Cash (Recent Filing)$225.27M
Total Debt (Recent Filing)$154.68M
Price to Earnings (P/E)―
Beta1.61
Next Earnings
Feb 26, 2025EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding205,725,970
10 Day Avg. Volume1,958,934
30 Day Avg. Volume1,570,867
Standard Deviation0.17
R-Squared0.12
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.93
Price to Cash Flow (P/CF)21.50
P/FCF Ratio24.30
Enterprise Value/Market Cap0.66
Enterprise Value/Revenue3.23
Enterprise Value/Gross Profit5.33
Enterprise Value/Ebitda27.29
Forecast
1Y Price Target
$11.70Price Target Upside12.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
AvidXchange Holdings News
Bulls Say, Bears Say
Bulls Say
Competitive AdvantageAVDX's 240+ accounting software integrations differentiate it for its middle-market customers, creating an integration scale any competitor would have challenges replicating.
Financial PerformanceManagement reaffirmed the building blocks to 20% organic revenue growth, focusing on macro improvements, new buyer customers, and yield enhancements from product improvements.
Growth PotentialAVDX targets middle-market businesses and estimates 70% of its target customers are yet to automate their invoice and payment processes, creating a long runway for growth.
Bears Say
Macroeconomic ImpactThe macro pressure seen in Q2 is likely to weigh on Q3 results, affecting earnings negatively.
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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Ownership Overview
14.47% Insiders
23.77% Mutual Funds
0.10% Other Institutional Investors
45.16% 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, Inc.’s price range in the past 12 months?
Avidxchange Holdings, Inc. lowest stock price was $7.38 and its highest was $13.56 in the past 12 months.
What is Avidxchange Holdings, Inc.’s market cap?
Avidxchange Holdings, Inc.’s market cap is $2.11B.
When is Avidxchange Holdings, Inc.’s upcoming earnings report date?
Avidxchange Holdings, Inc.’s upcoming earnings report date is Feb 26, 2025 which is in 35 days.
How were Avidxchange Holdings, Inc.’s earnings last quarter?
Avidxchange Holdings, Inc. 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, Inc. overvalued?
According to Wall Street analysts Avidxchange Holdings, Inc.’s price is currently Undervalued.
Does Avidxchange Holdings, Inc. pay dividends?
Avidxchange Holdings, Inc. does not currently pay dividends.
What is Avidxchange Holdings, Inc.’s EPS estimate?
Avidxchange Holdings, Inc.’s EPS estimate is 0.07.
How many shares outstanding does Avidxchange Holdings, Inc. have?
Avidxchange Holdings, Inc. has 205,725,970 shares outstanding.
What happened to Avidxchange Holdings, Inc.’s price movement after its last earnings report?
Avidxchange Holdings, Inc. 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, Inc.?
Among the largest hedge funds holding Avidxchange Holdings, Inc.’s share is Par Capital Management Inc. It holds Avidxchange Holdings, Inc.’s shares valued at 27M.
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AvidXchange Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.70 (12.72% Upside)
$11.70 (12.72% Upside)
Blogger Sentiment
Bullish
AVDX Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $438.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.9%
Last 30 Days ▼ 7.5%
Last 30 Days ▼ 7.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.33%
12-Months-Change
Fundamentals
Return on Equity
-0.15%
Trailing 12-Months
Asset Growth
-5.46%
Trailing 12-Months
Company Description
Avidxchange Holdings, Inc.
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
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue and margin growth, positive net income, and substantial EBITDA improvements. However, challenges in transaction retention, lower-than-expected political revenues, and anticipated interest revenue headwinds present potential obstacles.Read More>---
AVDX Stock 12 Month Forecast
Average Price Target
$11.70
▲(12.72% Upside)
Technical Analysis
Best Analysts Covering AVDX
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
+4.89%
reiterated a sell rating 3 months ago
Copying Bradley Sills's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +4.89% per trade.
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