Avidxchange Stock Today

AVDX
 Stock
  

USD 8.09  0.14  1.70%   

Market Performance
9 of 100
Odds Of Distress
Less than 15
Avidxchange Holdings is trading at 8.09 as of the 29th of September 2022; that is -1.7 percent decrease since the beginning of the trading day. The stock's open price was 8.23. Avidxchange Holdings has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Avidxchange Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of October 2020 and ending today, the 29th of September 2022. Click here to learn more.
AvidXchange Holdings, Inc. provides accounts payable automation software and payment solutions for middle market businesses and their suppliers in North America. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina. Avidxchange Holdings operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 196.21 M outstanding shares of which 8.05 M shares are presently shorted by private and institutional investors with about 2.64 trading days to cover. More on Avidxchange Holdings

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Avidxchange Holdings Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Avidxchange Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avidxchange Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Avidxchange Holdings has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 264.4 M. Net Loss for the year was (174.81 M) with profit before overhead, payroll, taxes, and interest of 148.32 M.
Avidxchange Holdings currently holds about 523.58 M in cash with (74.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.65.
Roughly 62.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.benzinga.com: AvidXchange to Participate in Upcoming Investor Conferences - Benzinga
CEO, DirectorPhilippe Goix
Average Analyst Recommendation
Analysts covering Avidxchange Holdings report their recommendations after researching Avidxchange Holdings' financial statements, talking to executives and customers, or listening in on Avidxchange Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Avidxchange Holdings. The Avidxchange consensus assessment is calculated by taking the average forecast from all of the analysts covering Avidxchange Holdings.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Avidxchange Holdings' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Avidxchange Holdings (AVDX) is traded on NASDAQ Exchange in USA and employs 1,600 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avidxchange Holdings's market, we take the total number of its shares issued and multiply it by Avidxchange Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Avidxchange Holdings conducts business under Technology sector and is part of Software—Infrastructure industry. The entity has 196.21 M outstanding shares of which 8.05 M shares are presently shorted by private and institutional investors with about 2.64 trading days to cover. Avidxchange Holdings currently holds about 523.58 M in cash with (74.04 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.65.
Check Avidxchange Holdings Probability Of Bankruptcy
Ownership
Avidxchange Holdings retains a total of 196.21 Million outstanding shares. Over half of Avidxchange Holdings outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Avidxchange Holdings. Please watch out for any change in the institutional holdings of Avidxchange Holdings as this could mean something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

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Avidxchange Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Avidxchange Holdings jumping above the current price in 90 days from now is about 31.28%. The Avidxchange Holdings probability density function shows the probability of Avidxchange Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Avidxchange Holdings has a beta of 0.2302. This suggests as returns on the market go up, Avidxchange Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Avidxchange Holdings will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1905, implying that it can generate a 0.19 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 8.03HorizonTargetOdds Above 8.03
68.59%90 days
 8.03 
31.28%
Based on a normal probability distribution, the odds of Avidxchange Holdings to move above the current price in 90 days from now is about 31.28 (This Avidxchange Holdings probability density function shows the probability of Avidxchange Stock to fall within a particular range of prices over 90 days) .

Avidxchange Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Avidxchange Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Avidxchange Holdings' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Avidxchange Holdings' value.
InstituionSecurity TypeTotal SharesValue
Bain Capital Venture Investors LlcCommon Shares18.9 M116.2 M
Caisse De Depot Et Placement Du QuebecCommon Shares11.6 M71.1 M
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Avidxchange Holdings Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Avidxchange Holdings market risk premium is the additional return an investor will receive from holding Avidxchange Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Avidxchange Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Avidxchange Holdings' alpha and beta are two of the key measurements used to evaluate Avidxchange Holdings' performance over the market, the standard measures of volatility play an important role as well.

Avidxchange Stock Against Markets

Picking the right benchmark for Avidxchange Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Avidxchange Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Avidxchange Holdings is critical whether you are bullish or bearish towards Avidxchange Holdings at a given time.

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Our tools can tell you how much better you can do entering a position in Avidxchange Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Avidxchange Holdings Corporate Directors

Avidxchange Holdings corporate directors refer to members of an Avidxchange Holdings board of directors. The board of directors generally takes responsibility for the Avidxchange Holdings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Avidxchange Holdings' board members must vote for the resolution. The Avidxchange Holdings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

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 Shape 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.
Please continue to Trending Equities. Note that the Avidxchange Holdings information on this page should be used as a complementary analysis to other Avidxchange Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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 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.
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Is Avidxchange Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avidxchange Holdings. If investors know Avidxchange will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avidxchange Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Avidxchange Holdings is measured differently than its book value, which is the value of Avidxchange that is recorded on the company's balance sheet. Investors also form their own opinion of Avidxchange Holdings' value that differs from its market value or its book value, called intrinsic value, which is Avidxchange Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avidxchange Holdings' market value can be influenced by many factors that don't directly affect Avidxchange Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avidxchange Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Avidxchange Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avidxchange Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.