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AvidXchange Holdings NasdaqGS:AVDX Stock Report

Last Price

US$10.98

Market Cap

US$2.3b

7D

0.6%

1Y

7.6%

Updated

19 Jun, 2024

Data

Company Financials +

AvidXchange Holdings, Inc.

NasdaqGS:AVDX Stock Report

Market Cap: US$2.3b

AVDX Stock Overview

Provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America.

AVDX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

AvidXchange Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AvidXchange Holdings
Historical stock prices
Current Share PriceUS$10.98
52 Week HighUS$13.56
52 Week LowUS$6.88
Beta1
11 Month Change-1.79%
3 Month Change-16.12%
1 Year Change7.65%
33 Year Changen/a
5 Year Changen/a
Change since IPO-55.97%

Recent News & Updates

AvidXchange Holdings: Positive Outlook

May 31

Recent updates

AvidXchange Holdings: Positive Outlook

May 31

AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors

Apr 27
AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors

AvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key Catalyst

Mar 04

Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S

Jan 08
Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S

Growth Investors: Industry Analysts Just Upgraded Their AvidXchange Holdings, Inc. (NASDAQ:AVDX) Revenue Forecasts By 10%

Aug 08
Growth Investors: Industry Analysts Just Upgraded Their AvidXchange Holdings, Inc. (NASDAQ:AVDX) Revenue Forecasts By 10%

AvidXchange Holdings, Inc. (NASDAQ:AVDX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Aug 06
AvidXchange Holdings, Inc. (NASDAQ:AVDX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

KeyCorp cuts AvidXchange PT to $10, maintains Overweight rating

Jul 07

AvidXchange - Not An Avid Holder Here, Despite The Sell-Off

Jan 28

AvidXchange Holdings - Not Too Compelled

Oct 17

Shareholder Returns

AVDXUS Diversified FinancialUS Market
7D0.6%0.008%0.7%
1Y7.6%18.6%23.3%

Return vs Industry: AVDX underperformed the US Diversified Financial industry which returned 18.6% over the past year.

Return vs Market: AVDX underperformed the US Market which returned 22.3% over the past year.

Price Volatility

Is AVDX's price volatile compared to industry and market?
AVDX volatility
AVDX Average Weekly Movement3.7%
Diversified Financial Industry Average Movement4.8%
Market Average Movement5.8%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: AVDX has not had significant price volatility in the past 3 months.

Volatility Over Time: AVDX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20001,600Mike Praegerwww.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

How do AvidXchange Holdings's earnings and revenue compare to its market cap?
AVDX fundamental statistics
Market capUS$2.27b
Earnings (TTM)-US$32.34m
Revenue (TTM)US$399.50m

5.7x

P/S Ratio

-70.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVDX income statement (TTM)
RevenueUS$399.50m
Cost of RevenueUS$122.17m
Gross ProfitUS$277.33m
Other ExpensesUS$309.67m
Earnings-US$32.34m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin69.42%
Net Profit Margin-8.10%
Debt/Equity Ratio11.3%

How did AVDX perform over the long term?

See historical performance and comparison
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