Is AvidXchange Holdings Stock a Good Investment?
AvidXchange Holdings Investment Advice | AVDX |
- Examine AvidXchange Holdings' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research AvidXchange Holdings' leadership team and their track record. Good management can help AvidXchange Holdings navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact AvidXchange Holdings' business and its evolving consumer preferences.
- Compare AvidXchange Holdings' performance and market position to its competitors. Analyze how AvidXchange Holdings is positioned in terms of product offerings, innovation, and market share.
- Check if AvidXchange Holdings pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about AvidXchange Holdings' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in AvidXchange Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if AvidXchange Holdings is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine AvidXchange Holdings Stock
Researching AvidXchange Holdings' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 15.0% of the company shares are held by company insiders. The book value of AvidXchange Holdings was presently reported as 3.29. The company has Price/Earnings To Growth (PEG) ratio of 1.02. AvidXchange Holdings had not issued any dividends in recent years. The entity had 1:17 split on the 16th of March 2015.
To determine if AvidXchange Holdings is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding AvidXchange Holdings' research are outlined below:
| The company reported the previous year's revenue of 380.72 M. Net Loss for the year was (47.33 M) with profit before overhead, payroll, taxes, and interest of 198.49 M. | |
| AvidXchange Holdings has a poor financial position based on the latest SEC disclosures | |
| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Teresa Mackintosh Sells 13,316 Shares of AvidXchange Holdings, Inc. Stock |
AvidXchange Holdings Quarterly Liabilities And Stockholders Equity |
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AvidXchange Holdings uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in AvidXchange Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to AvidXchange Holdings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact AvidXchange Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises AvidXchange Holdings' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-07-31 | 2024-06-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2024-05-08 | 2024-03-31 | 0.03 | 0.05 | 0.02 | 66 | ||
2023-05-03 | 2023-03-31 | -0.05 | -0.08 | -0.03 | 60 | ||
2024-02-28 | 2023-12-31 | 0.01 | 0.05 | 0.04 | 400 | ||
2023-08-02 | 2023-06-30 | -0.04 | 0.0013 | 0.0413 | 103 | ||
2023-11-08 | 2023-09-30 | -0.02 | 0.03 | 0.05 | 250 | ||
2023-03-01 | 2022-12-31 | -0.09 | -0.04 | 0.05 | 55 | ||
2022-11-02 | 2022-09-30 | -0.11 | -0.06 | 0.05 | 45 |
Know AvidXchange Holdings' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as AvidXchange Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AvidXchange Holdings backward and forwards among themselves. AvidXchange Holdings' institutional investor refers to the entity that pools money to purchase AvidXchange Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2024-09-30 | 3.4 M | Par Capital Management Inc | 2024-09-30 | 3.4 M | Bank Of New York Mellon Corp | 2024-09-30 | 3.2 M | Tremblant Capital Group | 2024-09-30 | 3.2 M | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 3.1 M | Biltmore Family Office, Llc | 2024-09-30 | 3.1 M | Sapphire Ventures (gpe) I, L.l.c. | 2024-09-30 | 2.9 M | Foundry Group Next, Llc | 2024-09-30 | 2.5 M | Hhg Plc | 2024-09-30 | 2.4 M | Vanguard Group Inc | 2024-09-30 | 18 M | Fmr Inc | 2024-09-30 | 13.7 M |
AvidXchange Holdings' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.32 B.Market Cap |
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AvidXchange Holdings' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.06) | (0.07) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.07) | (0.08) |
Determining AvidXchange Holdings' profitability involves analyzing its financial statements and using various financial metrics to determine if AvidXchange Holdings is a good buy. For example, gross profit margin measures AvidXchange Holdings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of AvidXchange Holdings' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in AvidXchange Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of AvidXchange Holdings. Check AvidXchange Holdings' Beneish M Score to see the likelihood of AvidXchange Holdings' management manipulating its earnings.
Evaluate AvidXchange Holdings' management efficiency
Return On Tangible Assets is likely to drop to -0.02 in 2024. Return On Capital Employed is likely to drop to -0.07 in 2024. At this time, AvidXchange Holdings' Net Tangible Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 2.2 B in 2024, whereas Other Assets are likely to drop 0.95 in 2024. AvidXchange Holdings' management efficiency ratios could be used to measure how well AvidXchange Holdings manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.25 | 2.15 | |
| Tangible Book Value Per Share | 2.01 | 1.25 | |
| Enterprise Value Over EBITDA | 678.02 | 711.92 | |
| Price Book Value Ratio | 3.81 | 3.62 | |
| Enterprise Value Multiple | 678.02 | 711.92 | |
| Price Fair Value | 3.81 | 3.62 | |
| Enterprise Value | 2.2 B | 3.6 B |
Management at AvidXchange Holdings focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Beta 1.002 |
Basic technical analysis of AvidXchange Stock
As of the 13th of December 2024, AvidXchange Holdings shows the Downside Deviation of 1.65, risk adjusted performance of 0.1839, and Mean Deviation of 1.64. AvidXchange Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.AvidXchange Holdings' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific AvidXchange Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on AvidXchange Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases AvidXchange Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
AvidXchange Holdings' Outstanding Corporate Bonds
AvidXchange Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. AvidXchange Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AvidXchange bonds can be classified according to their maturity, which is the date when AvidXchange Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
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| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| AVNT 7125 01 AUG 30 Corp BondUS05368VAA44 | View | |
| US05367AAH68 Corp BondUS05367AAH68 | View | |
| AVIAGP 9 01 DEC 28 Corp BondUS05368PAA75 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View |
Understand AvidXchange Holdings' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing AvidXchange Holdings' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1839 | |||
| Market Risk Adjusted Performance | 0.2578 | |||
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.29 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 410.68 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.08 | |||
| Information Ratio | 0.1982 | |||
| Jensen Alpha | 0.3479 | |||
| Total Risk Alpha | 0.245 | |||
| Sortino Ratio | 0.297 | |||
| Treynor Ratio | 0.2478 | |||
| Maximum Drawdown | 17.17 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 4.07 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 1.67 | |||
| Expected Short fall | (2.09) | |||
| Skewness | 2.42 | |||
| Kurtosis | 11.95 |
| Risk Adjusted Performance | 0.1839 | |||
| Market Risk Adjusted Performance | 0.2578 | |||
| Mean Deviation | 1.64 | |||
| Semi Deviation | 1.29 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 410.68 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.08 | |||
| Information Ratio | 0.1982 | |||
| Jensen Alpha | 0.3479 | |||
| Total Risk Alpha | 0.245 | |||
| Sortino Ratio | 0.297 | |||
| Treynor Ratio | 0.2478 | |||
| Maximum Drawdown | 17.17 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 4.07 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 1.67 | |||
| Expected Short fall | (2.09) | |||
| Skewness | 2.42 | |||
| Kurtosis | 11.95 |
Consider AvidXchange Holdings' intraday indicators
AvidXchange Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of AvidXchange Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 39032.46 | |||
| Daily Balance Of Power | (0.03) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.02 | |||
| Day Typical Price | 11.06 | |||
| Price Action Indicator | 0.13 | |||
| Period Momentum Indicator | (0.01) |
AvidXchange Holdings Corporate Filings
F4 | 12th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
AvidXchange Stock media impact
Far too much social signal, news, headlines, and media speculation about AvidXchange Holdings that are available to investors today. That information is available publicly through AvidXchange media outlets and privately through word of mouth or via AvidXchange internal channels. However, regardless of the origin, that massive amount of AvidXchange data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of AvidXchange Holdings news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of AvidXchange Holdings relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to AvidXchange Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive AvidXchange Holdings alpha.
AvidXchange Holdings Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards AvidXchange Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
AvidXchange Holdings Historical Investor Sentiment
Investor biases related to AvidXchange Holdings' public news can be used to forecast risks associated with an investment in AvidXchange. The trend in average sentiment can be used to explain how an investor holding AvidXchange can time the market purely based on public headlines and social activities around AvidXchange Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AvidXchange Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AvidXchange Holdings and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average AvidXchange Holdings news discussions. The higher the estimate score, the more favorable the investor's outlook on AvidXchange Holdings.
AvidXchange Holdings Corporate Management
| Ryan JD | General VP | Profile | |
| Todd Cunningham | Chief VP | Profile | |
| Michael Praeger | Chairman, CoFounder | Profile | |
| Subhaash Kumar | Head Relations | Profile | |
| Jess Antle | Vice Communications | Profile | |
| Angelic Gibson | Chief VP | Profile |
Already Invested in AvidXchange Holdings?
The danger of trading AvidXchange Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AvidXchange Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AvidXchange Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AvidXchange Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for AvidXchange Stock Analysis
When running AvidXchange Holdings' price analysis, check to measure AvidXchange Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AvidXchange Holdings is operating at the current time. Most of AvidXchange Holdings' value examination focuses on studying past and present price action to predict the probability of AvidXchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvidXchange Holdings' price. Additionally, you may evaluate how the addition of AvidXchange Holdings to your portfolios can decrease your overall portfolio volatility.