AvidXchange Holdings Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $9.88
- Today's High:
- $10.115
- Open Price:
- $9.91
- 52W Low:
- $5.86
- 52W High:
- $11.86
- Prev. Close:
- $10.01
- Volume:
- 1069113
Company Statistics
- Market Cap.:
- $2.16 billion
- Book Value:
- 3.237
- Revenue TTM:
- $331.97 million
- Operating Margin TTM:
- -24.9%
- Gross Profit TTM:
- $198.49 million
- Profit Margin:
- -27.75%
- Return on Assets TTM:
- -2.66%
- Return on Equity TTM:
- -13.59%
Company Profile
AvidXchange Holdings Inc had its IPO on 2021-10-13 under the ticker symbol AVDX.
The company operates in the Technology sector and Software-Infrastructure industry. AvidXchange Holdings Inc has a staff strength of 1,600 employees.
Stock update
Shares of AvidXchange Holdings Inc opened at $9.91 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $9.88 - $10.12, and closed at $9.97.
This is a -0.4% slip from the previous day's closing price.
A total volume of 1,069,113 shares were traded at the close of the day’s session.
In the last one week, shares of AvidXchange Holdings Inc have slipped by -3.49%.
AvidXchange Holdings Inc's Key Ratios
AvidXchange Holdings Inc has a market cap of $2.16 billion, indicating a price to book ratio of 2.787 and a price to sales ratio of 6.1647.
In the last 12-months AvidXchange Holdings Inc’s revenue was $331.97 million with a gross profit of $198.49 million and an EBITDA of $-48942000. The EBITDA ratio measures AvidXchange Holdings Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, AvidXchange Holdings Inc’s operating margin was -24.9% while its return on assets stood at -2.66% with a return of equity of -13.59%.
In Q1, AvidXchange Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 21.9%.
AvidXchange Holdings Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.53 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into AvidXchange Holdings Inc’s profitability.
AvidXchange Holdings Inc stock is trading at a EV to sales ratio of 5.2171 and a EV to EBITDA ratio of -15.6477. Its price to sales ratio in the trailing 12-months stood at 6.1647.
AvidXchange Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.95 billion
- Total Liabilities
- $1.14 billion
- Operating Cash Flow
- $44.18 million
- Capital Expenditure
- $4.19 million
- Dividend Payout Ratio
- 0%
AvidXchange Holdings Inc ended 2024 with $1.95 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.95 billion while shareholder equity stood at $650.75 million.
AvidXchange Holdings Inc ended 2024 with $17.49 million in deferred long-term liabilities, $1.14 billion in other current liabilities, 201000.00 in common stock, $-990825000.00 in retained earnings and $165.92 million in goodwill. Its cash balance stood at $368.19 million and cash and short-term investments were $431.73 million. The company’s total short-term debt was $8,448,000 while long-term debt stood at $75.57 million.
AvidXchange Holdings Inc’s total current assets stands at $1.55 billion while long-term investments were $0 and short-term investments were $63.54 million. Its net receivables were $53.15 million compared to accounts payable of $13.27 million and inventory worth $0.
In 2024, AvidXchange Holdings Inc's operating cash flow was $44.18 million while its capital expenditure stood at $4.19 million.
Comparatively, AvidXchange Holdings Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $9.97
- 52-Week High
- $11.86
- 52-Week Low
- $5.86
- Analyst Target Price
- $10.15
AvidXchange Holdings Inc stock is currently trading at $9.97 per share. It touched a 52-week high of $11.86 and a 52-week low of $11.86. Analysts tracking the stock have a 12-month average target price of $10.15.
Its 50-day moving average was $10.76 and 200-day moving average was $9.63 The short ratio stood at 2.92 indicating a short percent outstanding of 0%.
Around 1081.7% of the company’s stock are held by insiders while 7150% are held by institutions.
Frequently Asked Questions About AvidXchange Holdings Inc
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About
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and Cashflow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.