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Avid Bioservices (CDMO)
NASDAQ:CDMO
Holding CDMO?
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CDMO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.07 - $11.96
Previous Close$11.42
Volume1.47M
Average Volume (3M)1.02M
Market Cap
$728.54M
Enterprise Value$901.12M
Total Cash (Recent Filing)$33.38M
Total Debt (Recent Filing)$205.96M
Price to Earnings (P/E)―
Beta2.01
Next Earnings
Dec 03, 2024EPS Estimate
-$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.27
Shares Outstanding63,795,108
10 Day Avg. Volume994,383
30 Day Avg. Volume1,020,292
Standard Deviation0.19
R-Squared0.15
Alpha0.00668
Financial Highlights & Ratios
Price to Book (P/B)13.53
Price to Sales (P/S)5.12
Price to Cash Flow (P/CF)-49.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.33
Enterprise Value/Gross Profit123.14
Enterprise Value/Ebitda-81.83
Forecast
1Y Price Target
$14.00Price Target Upside12.45% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Avid Bioservices News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CDMO FAQ
What was Avid Bioservices’s price range in the past 12 months?
Avid Bioservices lowest stock price was $4.07 and its highest was $11.96 in the past 12 months.
What is Avid Bioservices’s market cap?
Currently, no data Available
When is Avid Bioservices’s upcoming earnings report date?
Avid Bioservices’s upcoming earnings report date is Dec 03, 2024 which is in 74 days.
How were Avid Bioservices’s earnings last quarter?
Avid Bioservices released its earnings results on Sep 09, 2024. The company reported -$0.09 earnings per share for the quarter, missing the consensus estimate of -$0.055 by -$0.035.
Is Avid Bioservices overvalued?
According to Wall Street analysts Avid Bioservices’s price is currently Undervalued.
Does Avid Bioservices pay dividends?
Avid Bioservices does not currently pay dividends.
What is Avid Bioservices’s EPS estimate?
Avid Bioservices’s EPS estimate is -$0.12.
How many shares outstanding does Avid Bioservices have?
Avid Bioservices has 63,795,110 shares outstanding.
What happened to Avid Bioservices’s price movement after its last earnings report?
Avid Bioservices reported an EPS of -$0.09 in its last earnings report, missing expectations of -$0.055. Following the earnings report the stock price went up 17.207%.
Which hedge fund is a major shareholder of Avid Bioservices?
Among the largest hedge funds holding Avid Bioservices’s share is Royce & Associates LLC. It holds Avid Bioservices’s shares valued at 5M.
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Avid Bioservices Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$14.00 (12.45% Upside)
$14.00 (12.45% Upside)
Blogger Sentiment
Bullish
CDMO Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 137.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.42%
12-Months-Change
Fundamentals
Return on Equity
-115.84%
Trailing 12-Months
Asset Growth
-24.46%
Trailing 12-Months
Company Description
Avid Bioservices
Avid Bioservices, Inc. engages in the commercial manufacturing which focuses on biopharmaceutical products derived from mammalian cell culture for culture for biotechnology and pharmaceutical companies. The firm specializes in clinical and commercial product manufacturing, purification, bulk packaging, stability testing and regulatory submissions, and support. The company was founded on June 3, 1981 and is headquartered in Tustin, CA.
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CDMO Earnings Call
Q1 2024
0:00 / 0:00
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CDMO Stock 12 Month Forecast
Average Price Target
$14.00
▲(12.45% Upside)
Technical Analysis
Best Analysts Covering CDMO
1 Year
1 Year Success Rate
14/24 ratings generated profit
1 Year Average Return
+31.76%
reiterated a buy rating 10 days ago
Copying Matt Hewitt's trades and holding each position for 1 Year would result in 58.33% of your transactions generating a profit, with an average return of +31.76% per trade.
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