AVID

Avid Technology, Inc. [AVID] Stock Forecast

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RSI : 000

AVID Stock Summary

In the News

04:29 29 Mar 2024 AVID

From Taylor Swift and Beyoncé to blockchain and AI: Music ETF CEO eyes the next big thing

2023 has been a big year for live music, driven by the phenomenal success of Taylor Swift's Eras tour, Beyoncé's Renaissance tour and, last week, U2's eagerly-anticipated opening of new Las Vegas venue Sphere.

09:13 29 Mar 2024 AVID

Avid Technology (AVID) Meets Q2 Earnings Estimates

Avid Technology (AVID) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago.

09:13 29 Mar 2024 AVID

Here's What Key Metrics Tell Us About Avid (AVID) Q2 Earnings

Although the revenue and EPS for Avid (AVID) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

08:05 29 Mar 2024 AVID

Avid Technology Announces Conference Call to Discuss Second Quarter 2023 Financial Results

BURLINGTON, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, announced today that Jeff Rosica, Chief Executive Officer and President, and Ken Gayron, Chief Financial Officer and Executive Vice President, will host a conference call on Wednesday, August 9, 2023, at 5:30 p.m. ET to discuss the company's earnings for the second quarter of 2023, ended June 30, 2023, which will be published after the market closes that day. Investors are invited to register for the Zoom video webinar by visiting https://ir.avid.com/events-and-presentations. A replay will be available for a limited time by visiting the Events & Presentations page on Avid's investor relations website.

09:03 29 Mar 2024 AVID

Avid Technology: Supply Chain Delays Continue

The ARRs continue to develop quite well, but EBITDA is being hit by issues on integrated solutions, which is seeing delivery delays. When supply chain bottlenecks there loosen, we'll see more hardware maintenance revenue too and some operating leverage, although the integrated solutions GM is weaker now. Enterprise conversions and wins are driving up per seat revenues, which is helpful, and there are iterations and additions to the Pro Tools product that help drive engagement.

02:58 29 Mar 2024 AVID

Avid (AVID) Improves User Experience With Pro Tools Update

Avid Technology (AVID) unveils its latest pro tools updates with new track widths and expanded immersive mixing workflows, improving the growing pro tools community experience.

08:19 29 Mar 2024 AVID

Why Avid Technology Stock Was Blasting Higher This Week

A media report said the video and audio editing software specialist has put itself up for sale. It wasn't clear what price it's aiming to fetch.

03:33 29 Mar 2024 AVID

Avid Technology stock climbs on possible company sale

Avid Technology (NASDAQ:AVID) Inc shares jumped 20% to $24.50 on Wednesday following a Reuters report that the video and audio editing software maker has hired Goldman Sachs (NYSE:GS) to explore a potential company sale. According to Reuters, the Burlington, Massachusetts-based company has asked for binding offers from interested parties.

02:24 29 Mar 2024 AVID

Avid Tech stock jumps more than 15% on report of exploring potential sale

Shares of video and audio editing software maker Avid Technology Inc. AVID, +19.15% jumped Wednesday following a report the company has hired Goldman Sachs to explore a potential sale. Avid shares rallied as much as 18% following Reuters' reporting of the matter, citing unnamed sources close to the proceedings.

04:05 29 Mar 2024 AVID

Avid Technology to Participate in Upcoming Investor Conferences

BURLINGTON, Mass., May 18, 2023 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, its Chief Executive Officer and President, and Ken Gayron, its Executive Vice President and Chief Financial Officer, will be participating in two upcoming investor conferences.

AVID Financial details

Company Rating
Sell
Market Cap
1.19B
Income
12.95M
Revenue
413.46M
Book val./share
-2.79
Cash/share
0.47
Dividend
-
Dividend %
-
Employees
1.49K
Optionable
No
Shortable
Yes
Earnings
06 Nov 2023
P/E
36.92
Forward P/E
19.18
PEG
-5.49
P/S
2.8
P/B
-10.03
P/C
57.54
P/FCF
-931.28
Quick Ratio
0.8
Current Ratio
1.06
Debt / Equity
-1.92
LT Debt / Equity
-1.81
-
-
EPS (TTM)
0.3
EPS next Y
1.41
EPS next Q
1.58
EPS this Y
34.78%
EPS next Y
367.97%
EPS next 5Y
367.97%
EPS last 5Y
NAN%
Revenue last 5Y
0.2%
Revenue Q/Q
-16.15%
EPS Q/Q
70%
-
-
-
-
SMA20
-
SMA50
-
SMA100
-
Inst Own
76.66%
Inst Trans
0.9%
ROA
11%
ROE
-26%
ROC
0.31%
Gross Margin
64%
Oper. Margin
10%
Profit Margin
8%
Payout
-
Shs Outstand
44.04M
Shs Float
33.53M
-
-
-
-
Target Price
27.05
52W Range
19.78-33.41
52W High
-18.05%
52W Low
+42.34%
RSI
74
Rel Volume
0.61
Avg Volume
676.34K
Volume
412.36K
Perf Week
0.09%
Perf Month
0.69%
Perf Quarter
-
Perf Half Y
0.76%
-
-
-
-
Beta
1.131
-
-
Volatility
0.02%, 0.07%
Prev Close
0.02%
Price
27.045
Change
0.02%

AVID Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
9.929.478.038.859.31
Net income per share
-0.260.170.250.891.23
Operating cash flow per share
0.380.450.881.351.07
Free cash flow per share
0.140.290.751.20.73
Cash per share
1.351.591.781.230.79
Book value per share
-4-3.57-2.96-2.68-2.65
Tangible book value per share
-4.89-4.32-3.69-3.38-3.38
Share holders equity per share
-4-3.57-2.96-2.68-2.65
Interest debt per share
5.886.615.694.334.74
Market cap
197.89M373.19M712.21M1.51B1.19B
Enterprise value
363.79M561.82M868.48M1.64B1.36B
P/E ratio
-18.5449.164.3836.4421.59
Price to sales ratio
0.480.911.983.682.86
POCF ratio
12.511918.0124.1324.84
PFCF ratio
33.6229.9621.0327.0936.4
P/B Ratio
-1.19-2.41-5.36-12.15-10.04
PTB ratio
-1.19-2.41-5.36-12.15-10.04
EV to sales
0.881.362.414.013.26
Enterprise value over EBITDA
9.112.1219.2527.221.42
EV to operating cash flow
22.9928.621.9626.3228.33
EV to free cash flow
61.8145.125.6529.5441.52
Earnings yield
-0.050.020.020.030.05
Free cash flow yield
0.030.030.050.040.03
Debt to equity
-1.33-1.66-1.78-1.56-1.71
Debt to assets
0.840.850.770.710.71
Net debt to EBITDA
4.154.073.462.262.64
Current ratio
1.050.981.140.920.94
Interest coverage
0.591.091.656.475.76
Income quality
-1.482.583.581.510.87
Dividend Yield
0.110000
Payout ratio
-2.130.040.050.020
Sales general and administrative to revenue
0.130.130.130.140.14
Research and developement to revenue
0.150.150.160.160.16
Intangibles to total assets
0.140.110.110.120.11
Capex to operating cash flow
-0.63-0.37-0.14-0.11-0.32
Capex to revenue
-0.02-0.02-0.02-0.02-0.04
Capex to depreciation
-0.47-0.53-0.67-0.83-1.83
Stock based compensation to revenue
0.020.020.030.030.04
Graham number
4.83.744.057.348.57
ROIC
0.280.740.210.470.63
Return on tangible assets
-0.050.030.040.170.22
Graham Net
-7.12-7.03-6.06-5.6-6.21
Working capital
8.92M-3.53M25.72M-14.84M-11.65M
Tangible asset value
-203.74M-187.73M-165.57M-156.72M-151.43M
Net current asset value
-235.91M-250.65M-224.57M-215.55M-227.26M
Invested capital
-1.33-1.66-1.78-1.56-1.71
Average receivables
62.2M88.77M95.23M96.57M102.55M
Average payables
34.7M39.56M30.86M24.34M36.38M
Average inventory
35.69M31.06M27.87M23.25M20.45M
Days sales outstanding
74.4282.6798.4285.4395.44
Days payables outstanding
82.2689.4860.2868117.19
Days of inventory on hand
69.0865.4373.3850.4553.56
Receivables turnover
4.94.423.714.273.82
Payables turnover
4.444.086.065.373.11
Inventory turnover
5.285.584.977.246.81
ROE
0.06-0.05-0.08-0.33-0.47
Capex per share
-0.24-0.17-0.13-0.15-0.34

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-09-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
2.32.642.232.462.06
Net income per share
0.270.57-0.01-0.1-0.17
Operating cash flow per share
0.230.51-0.06-0.31-0.26
Free cash flow per share
0.150.42-0.15-0.45-0.35
Cash per share
0.70.80.480.760.47
Book value per share
-3.16-2.7-2.71-2.7-2.79
Tangible book value per share
-3.89-3.44-3.46-3.44-3.52
Share holders equity per share
-3.16-2.7-2.71-2.7-2.79
Interest debt per share
4.634.694.685.385.47
Market cap
1.04B1.17B1.4B1.12B1.19B
Enterprise value
1.21B1.34B1.58B1.32B1.4B
P/E ratio
21.6211.58-919.38-61.17-40.49
Price to sales ratio
10.110.0814.3210.3613.05
POCF ratio
100.5452.09-548.18-82.56-102.07
PFCF ratio
156.7464.02-215.99-57.09-77
P/B Ratio
-7.35-9.85-11.8-9.45-9.64
PTB ratio
-7.35-9.85-11.8-9.45-9.64
EV to sales
11.7811.5216.1712.215.42
Enterprise value over EBITDA
73.9177.07266.28176.334.36K
EV to operating cash flow
117.2859.57-618.82-97.21-120.6
EV to free cash flow
182.8373.21-243.83-67.22-90.97
Earnings yield
0.010.0200-0.01
Free cash flow yield
0.010.020-0.02-0.01
Debt to equity
-1.45-1.71-1.7-1.96-1.92
Debt to assets
0.860.710.740.790.86
Net debt to EBITDA
10.559.6730.426.57669.74
Current ratio
0.860.940.881.061.07
Interest coverage
5.147.330.94-0.13-0.37
Income quality
0.860.896.712.961.59
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.140.130.170.150.19
Research and developement to revenue
0.170.150.20.180.22
Intangibles to total assets
0.140.110.120.110.12
Capex to operating cash flow
-0.36-0.191.540.450.33
Capex to revenue
-0.04-0.04-0.04-0.06-0.04
Capex to depreciation
-1.72-1.82-1.71-2.38-1.38
Stock based compensation to revenue
0.040.050.050.050.05
Graham number
4.375.910.732.523.23
ROIC
0.180.40.180-0.01
Return on tangible assets
0.060.10-0.02-0.03
Graham Net
-6.31-6.33-6.56-6.63-6.6
Working capital
-22.39M-11.65M-20.66M9.42M10.73M
Tangible asset value
-174.04M-151.43M-151.38M-151.6M-155.83M
Net current asset value
-239.06M-227.26M-236.35M-239.09M-240.41M
Invested capital
-1.45-1.71-1.7-1.96-1.92
Average receivables
73.91M91.06M101.98M95.99M95.12M
Average payables
33.9M40.41M47.99M50.94M45.66M
Average inventory
20.62M21.49M23.68M27.2M28.31M
Days sales outstanding
63.7884.6187.2580.5792.04
Days payables outstanding
94.6199.38126.55110.46107.46
Days of inventory on hand
59.6145.4266.6359.7877.73
Receivables turnover
1.411.061.031.120.98
Payables turnover
0.950.910.710.810.84
Inventory turnover
1.511.981.351.511.16
ROE
-0.09-0.2100.040.06
Capex per share
-0.08-0.1-0.09-0.14-0.09

AVID Frequently Asked Questions

What is Avid Technology, Inc. stock symbol ?

Avid Technology, Inc. is a US stock , located in Burlington of Ma and trading under the symbol AVID

Is Avid Technology, Inc. buy or a sell ?

1 stock analysts have 1 predictions with a medium analyst target price of $27.05. The lowest prediction is $27.05 and the highest is $27.05

What is AVID stock prediction ?

What is Avid Technology, Inc. stock quote today ?

Avid Technology, Inc. stock price is $27.045 today.

Is Avid Technology, Inc. stock public?

Yes, Avid Technology, Inc. is a publicly traded company.

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