AVDX Stock Overview
Provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
AvidXchange Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.71 |
| 52 Week High | US$13.56 |
| 52 Week Low | US$7.38 |
| Beta | 1 |
| 11 Month Change | 23.82% |
| 3 Month Change | 37.84% |
| 1 Year Change | 8.51% |
| 33 Year Change | -50.53% |
| 5 Year Change | n/a |
| Change since IPO | -57.06% |
Recent News & Updates
Recent updates
AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce
Nov 07
What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 26% Share Price Crash
Aug 01AvidXchange Holdings: Positive Outlook
May 31AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors
Apr 27AvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key Catalyst
Mar 04Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S
Jan 08Growth Investors: Industry Analysts Just Upgraded Their AvidXchange Holdings, Inc. (NASDAQ:AVDX) Revenue Forecasts By 10%
Aug 08AvidXchange Holdings, Inc. (NASDAQ:AVDX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Aug 06KeyCorp cuts AvidXchange PT to $10, maintains Overweight rating
Jul 07Shareholder Returns
| AVDX | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -0.3% | -0.04% | -1.2% |
| 1Y | 8.5% | 32.4% | 30.4% |
Return vs Industry: AVDX underperformed the US Diversified Financial industry which returned 32.4% over the past year.
Return vs Market: AVDX underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| AVDX volatility | |
|---|---|
| AVDX Average Weekly Movement | 5.5% |
| Diversified Financial Industry Average Movement | 5.1% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: AVDX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: AVDX's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 1,600 | Mike Praeger | www.avidxchange.com |
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 the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions.
AvidXchange Holdings, Inc. Fundamentals Summary
| AVDX fundamental statistics | |
|---|---|
| Market cap | US$2.19b |
| Earnings (TTM) | -US$999.00k |
| Revenue (TTM) | US$427.57m |
5.2x
P/S Ratio-2,206x
P/E RatioIs AVDX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AVDX income statement (TTM) | |
|---|---|
| Revenue | US$427.57m |
| Cost of Revenue | US$122.03m |
| Gross Profit | US$305.53m |
| Other Expenses | US$306.53m |
| Earnings | -US$999.00k |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0049 |
| Gross Margin | 71.46% |
| Net Profit Margin | -0.23% |
| Debt/Equity Ratio | 2.1% |
How did AVDX perform over the long term?
See historical performance and comparison