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AVID

Avid Technology NasdaqGS:AVID Stock Report

Last Price

US$22.06

Market Cap

US$984.7m

7D

-8.3%

1Y

-24.4%

Updated

24 Sep, 2022

Data

Company Financials +
AVID fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance4/6
Financial Health2/6
Dividends0/6

AVID Stock Overview

Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide.

Avid Technology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Avid Technology
Historical stock prices
Current Share PriceUS$22.06
52 Week HighUS$37.31
52 Week LowUS$20.83
Beta1.2
1 Month Change-15.15%
3 Month Change-19.96%
1 Year Change-24.43%
3 Year Change271.69%
5 Year Change385.90%
Change since IPO-15.96%

Recent News & Updates

Sep 23
Avid Technology, Inc.'s (NASDAQ:AVID) Intrinsic Value Is Potentially 90% Above Its Share Price

Avid Technology, Inc.'s (NASDAQ:AVID) Intrinsic Value Is Potentially 90% Above Its Share Price

How far off is Avid Technology, Inc. ( NASDAQ:AVID ) from its intrinsic value? Using the most recent financial data...

Aug 29

Avid Technology jumps 10% on joining SmallCap 600

Avid Technology (NASDAQ:AVID) jumped 9.8% postmarket Monday after word that it's joining the S&P SmallCap 600 index. The stock will replace Plantronics/Poly (POLY), after that company's acquisition by HP. The index change is effective prior to the open of trading on Thursday, Sept. 1.

Aug 21
Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?

Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Shareholder Returns

AVIDUS TechUS Market
7D-8.3%-0.4%-5.2%
1Y-24.4%1.2%-23.0%

Return vs Industry: AVID underperformed the US Tech industry which returned 1.2% over the past year.

Return vs Market: AVID underperformed the US Market which returned -23.1% over the past year.

Price Volatility

Is AVID's price volatile compared to industry and market?
AVID volatility
AVID Average Weekly Movement7.5%
Tech Industry Average Movement7.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: AVID is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: AVID's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19871,405Jeff Rosicahttps://www.avid.com

Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company’s video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio production process; Sibelius solution to create, edit, and publish musical scores; S6 line of complementary control surfaces and consoles; S1 and S4 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement.

Avid Technology, Inc. Fundamentals Summary

How do Avid Technology's earnings and revenue compare to its market cap?
AVID fundamental statistics
Market CapUS$984.72m
Earnings (TTM)US$47.95m
Revenue (TTM)US$419.03m

20.5x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AVID income statement (TTM)
RevenueUS$419.03m
Cost of RevenueUS$144.65m
Gross ProfitUS$274.38m
Other ExpensesUS$226.43m
EarningsUS$47.95m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.07
Gross Margin65.48%
Net Profit Margin11.44%
Debt/Equity Ratio-136.8%

How did AVID perform over the long term?

See historical performance and comparison