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AvidXchange Holdings (AVDX)
NASDAQ:AVDX
AVDX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.38 - $13.56
Previous CloseN/A
Volume2.13M
Average Volume (3M)1.39M
Market Cap
$1.95B
Enterprise Value$1.38B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.62
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. Volume1,105,427
30 Day Avg. Volume1,386,690
Standard Deviation0.17
R-Squared0.13
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.57
Price to Cash Flow (P/CF)19.90
P/FCF Ratio22.50
Enterprise Value/Market Cap0.71
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.33
Enterprise Value/Ebitda27.51
Forecast
1Y Price Target
$12.17Price Target Upside32.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceQ3 results were strong, with revenue beating Street by approximately 2% and EBITDA exceeding expectations.
Growth PotentialAVDX's position as the leading middle-market B2B invoice and payments company is poised to help it drive a long, durable growth trajectory.
Product DifferentiationAVDX's 240+ accounting software integrations create an integration scale any competitor would have challenges replicating, deepening the company's moat.
Bears Say
Customer BehaviorSome of AVDX's customers have started to manage their payment modalities more closely, opting for lower-cost methods, which could impact growth driven by payment rate expansion.
Growth InitiativesThere is little AVDX can deliver this quarter to meaningfully change the narrative, as take rate concerns will take multiple quarters to dispel.
Revenue Growth ChallengesGuidance for Q4 revenue growth of 10% is below the estimate of 11.6%, due to political revenue shortfall from the Fast Pay acquisition.
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Ownership Overview
15.28% Insiders
24.35% Mutual Funds
31.20% Other Institutional Investors
12.42% 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?
AvidXchange Holdings’s market cap is $1.95B.
When is AvidXchange Holdings’s upcoming earnings report date?
AvidXchange Holdings’s upcoming earnings report date is Feb 26, 2025 which is in 4 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?
Currently, no hedge funds are holding shares in AVDX
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AvidXchange Holdings Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.17 (32.00% Upside)
$12.17 (32.00% Upside)
Blogger Sentiment
Bullish
AVDX Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 438.3K 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 ▼ 4.8%
Last 30 Days ▼ 6.5%
Last 30 Days ▼ 6.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-22.39%
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
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
$12.17
▲(32.00% Upside)
Technical Analysis
Best Analysts Covering AVDX
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
+6.98%
reiterated a sell rating 4 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 +6.98% per trade.
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