AvidXchange Holdings Inc (NASDAQ:AVDX) currently has a daily average trading volume of 3.98M but it saw 16305531 shares traded in last market. With a market cap of 2.02B USD, the company’s current market price of $9.78 came rising about 0.10 while comparing to the previous closing price of $9.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.93 and as low as $6.61.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which downgraded the stock as “Equal Weight” in its note to investors issued on March 04, 2025, recommending a price target of between $13 and $8 for it. BTIG Research issued its recommendations for the stock as it resumed the price target for the stock is $14.
Over the week, AVDX’s stock price is moving -0.10% down while it is 18.83% when we observe its performance for the past one month. Year-to-date it is -5.42% down and over the past year, the stock is showing a downside performance of -7.65%.
The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of 0.06 while estimate for next year EPS is 0.25. In next quarter, company is expected to be making quarterly sales of $116.24M as analysts are expecting the sales for current fiscal year at $453.04M and seeing the company making $495.07M in sales next year. Moreover, analysts are in estimates of $110.18M for current-quarter revenue.
Currently, AvidXchange Holdings Inc’s total number of outstanding shares is 206.20M with 15.00% of that held by the insiders while 78.53% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.25% and return on equity (ROE) at 0.27%. It has a price to earnings ratio (P/E ratio) of 1178.31 while having a 29.84 of forward P/E ratio. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 2.97 while price to sale or P/S ratio amounts to 4.58. Its return on asset (ROA) is 0.09% on average.
