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AvidXchange Holdings (AVDX)
NASDAQ:AVDX
Holding AVDX?
Track your performance easily
AVDX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.38 - $13.56
Previous Close$8.31
Volume2.02M
Average Volume (3M)2.04M
Market Cap
$1.73B
Enterprise Value$1.40B
Total Cash (Recent Filing)$465.03M
Total Debt (Recent Filing)$142.60M
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Nov 06, 2024EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding207,845,629
10 Day Avg. Volume2,227,641
30 Day Avg. Volume2,040,419
Standard Deviation0.16
R-Squared0.10
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)2.54
Price to Sales (P/S)4.18
Price to Cash Flow (P/CF)17.10
P/FCF Ratio18.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.40
Enterprise Value/Gross Profit5.42
Enterprise Value/Ebitda36.03
Forecast
1Y Price Target
$9.50Price Target Upside13.37% Upside
Rating ConsensusHold
Number of Analyst Covering8
AvidXchange Holdings News
Bulls Say, Bears Say
Bulls Say
Debt ManagementAvidXchange announced terms of its new debt refinancing, which includes a lower interest rate, indicating improved financial terms.
Financial PerformanceRecent partnerships with companies like AppFolio, M3, Buildium, and Workamajig could collectively accelerate organic revenue growth to over 15% year-over-year.
Sales GrowthManagement has seen average sales cycles decline by approximately 20 days combined with strong new customer growth, enhancing sales efficiency.
Bears Say
Investor ConfidenceRegaining investor confidence will be a challenge following a previous earnings miss and guidance reduction.
Macroeconomic PressureMacroeconomic pressure is likely to negatively affect earnings, with the real estate and SMB sectors presenting downside risks.
Revenue Growth ConcernsThe slowdown in payment yield expansion raises concerns about achieving the targeted 20% annual revenue growth.
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Ownership Overview
14.44% Insiders
27.79% Mutual Funds
3.29% Other Institutional Investors
38.85% 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 $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 Nov 06, 2024 which is tomorrow.
How were AvidXchange Holdings’s earnings last quarter?
AvidXchange Holdings released its earnings results on Jul 31, 2024. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.041 by $0.009.
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 207,845,630 shares outstanding.
What happened to AvidXchange Holdings’s price movement after its last earnings report?
AvidXchange Holdings reported an EPS of $0.05 in its last earnings report, beating expectations of $0.041. Following the earnings report the stock price went down -29.717%.
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 61M.
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AvidXchange Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$9.50 (13.37% Upside)
$9.50 (13.37% Upside)
Blogger Sentiment
Bullish
AVDX Sentiment 83%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 168.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▲ 15.4%
Last 30 Days ▲ 15.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.26%
12-Months-Change
Fundamentals
Return on Equity
-1.98%
Trailing 12-Months
Asset Growth
1.17%
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
Q2 2024
0:00 / 0:00
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AVDX Stock 12 Month Forecast
Average Price Target
$9.50
▲(13.37% Upside)
Technical Analysis
Best Analysts Covering AVDX
1 Year
1 Year Success Rate
12/22 ratings generated profit
1 Year Average Return
+7.22%
reiterated a buy rating 21 days ago
Copying David Koning's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +7.22% per trade.
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