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AvidXchange Holdings NasdaqGS:AVDX Stock Report

Last Price

US$11.17

Market Cap

US$2.3b

7D

5.9%

1Y

9.4%

Updated

25 Nov, 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. More details

AVDX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for AVDX from our risk checks.

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$11.17
52 Week HighUS$13.56
52 Week LowUS$7.38
Beta1
11 Month Change38.41%
3 Month Change39.63%
1 Year Change9.40%
33 Year Change-48.33%
5 Year Changen/a
Change since IPO-55.21%

Recent News & Updates

AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce

Nov 07
AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce

Recent updates

AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce

Nov 07
AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce

What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 26% Share Price Crash

Aug 01
What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 26% Share Price Crash

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

Shareholder Returns

AVDXUS Diversified FinancialUS Market
7D5.9%1.3%2.2%
1Y9.4%32.6%31.6%

Return vs Industry: AVDX underperformed the US Diversified Financial industry which returned 32.6% over the past year.

Return vs Market: AVDX underperformed the US Market which returned 31.6% over the past year.

Price Volatility

Is AVDX's price volatile compared to industry and market?
AVDX volatility
AVDX Average Weekly Movement5.5%
Diversified Financial Industry Average Movement5.0%
Market Average Movement6.3%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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

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$2.30b
Earnings (TTM)-US$999.00k
Revenue (TTM)US$427.57m

5.4x

P/S Ratio

-2,300x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVDX income statement (TTM)
RevenueUS$427.57m
Cost of RevenueUS$122.03m
Gross ProfitUS$305.53m
Other ExpensesUS$306.53m
Earnings-US$999.00k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0049
Gross Margin71.46%
Net Profit Margin-0.23%
Debt/Equity Ratio2.1%

How did AVDX perform over the long term?

See historical performance and comparison