AVDX Stock Overview
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America.
Snowflake Score | |
---|---|
Valuation | 0/6 |
Future Growth | 4/6 |
Past Performance | 0/6 |
Financial Health | 4/6 |
Dividends | 0/6 |
AvidXchange Holdings, Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$13.13 |
52 Week High | US$13.56 |
52 Week Low | US$6.88 |
Beta | 1.05 |
1 Month Change | 7.71% |
3 Month Change | 4.54% |
1 Year Change | 70.30% |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | -47.35% |
Recent News & Updates
Recent updates
AvidXchange 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 07AvidXchange - Not An Avid Holder Here, Despite The Sell-Off
Jan 28AvidXchange Holdings - Not Too Compelled
Oct 17Shareholder Returns
AVDX | US Diversified Financial | US Market | |
---|---|---|---|
7D | 0.8% | -0.02% | 0.6% |
1Y | 70.3% | 33.2% | 29.5% |
Return vs Industry: AVDX exceeded the US Diversified Financial industry which returned 33.2% over the past year.
Return vs Market: AVDX exceeded the US Market which returned 29.5% over the past year.
Price Volatility
AVDX volatility | |
---|---|
AVDX Average Weekly Movement | 4.8% |
Diversified Financial Industry Average Movement | 5.3% |
Market Average Movement | 6.0% |
10% most volatile stocks in US Market | 16.9% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: AVDX has not had significant price volatility in the past 3 months.
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 | https://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$2.68b |
Earnings (TTM) | -US$47.32m |
Revenue (TTM) | US$380.72m |
7.0x
P/S Ratio-56.7x
P/E RatioIs AVDX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
AVDX income statement (TTM) | |
---|---|
Revenue | US$380.72m |
Cost of Revenue | US$121.31m |
Gross Profit | US$259.41m |
Other Expenses | US$306.74m |
Earnings | -US$47.32m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | -0.23 |
Gross Margin | 68.14% |
Net Profit Margin | -12.43% |
Debt/Equity Ratio | 11.6% |
How did AVDX perform over the long term?
See historical performance and comparison