How does AVID's PE Ratio compare to its peers?

AVID is expensive based on its Price-To-Earnings Ratio (92.1x) compared to the peer average (6.9x).

How does AVID's PE Ratio compare vs other companies in the Global Tech Industry?

AVID is expensive based on its Price-To-Earnings Ratio (92.1x) compared to the Global Tech industry average (22.2x).

What is AVID's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AVID is expensive based on its Price-To-Earnings Ratio (92.1x) compared to the estimated Fair Price-To-Earnings Ratio (34.3x).

What is the Fair Price of AVID when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

AVID ($27.04) is trading below our estimate of [[fair value]] ($34.63)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Avid Technology (Nasdaq:AVID) - Stock Price, News & Analysis

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

AVID Stock Overview

AVID fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	1/6
Financial Health	0/6
Dividends	0/6

Rewards

Trading at 21.9% below our estimate of its fair value

Earnings are forecast to grow 49.44% per year

Risk Analysis

High level of non-cash earnings

Negative shareholders equity

Interest payments are not well covered by earnings

Profit margins (3.1%) are lower than last year (10.8%)

Avid Technology, Inc. Competitors

CompoSecure

NasdaqGM:CMPO

US$1.4b

Diebold Nixdorf

NYSE:DBD

US$1.8b

Eastman Kodak

NYSE:KODK

US$502.5m

CPI Card Group

NasdaqGM:PMTS

US$337.5m

Price History & Performance

Summary of all time highs, changes and price drops for Avid Technology
Historical stock prices
Current Share Price	US$27.04
52 Week High	US$33.41
52 Week Low	US$19.78
Beta	1.13
11 Month Change	0.60%
3 Month Change	1.43%
1 Year Change	0.45%
33 Year Change	156.06%
5 Year Change	306.01%
Change since IPO	3.01%

Recent updates

At US$31.33, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?

Feb 16

Is Avid Technology, Inc. (NASDAQ:AVID) Trading At A 22% Discount?

Jan 03

Here's Why Avid Technology (NASDAQ:AVID) Has Caught The Eye Of Investors

Dec 16

At US$24.73, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?

Nov 03

Avid Technology announces amended credit facility

Oct 13

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

Sep 23

Avid Technology jumps 10% on joining SmallCap 600

Aug 29

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

Aug 21

What Is Avid Technology, Inc.'s (NASDAQ:AVID) Share Price Doing?

Aug 03

Amazon Studios and Avid Technology join hands for production editorial in the AWS Cloud

Aug 02

Avid Continues To Deliver, Seat-Based Model Raises Concerns

Jul 27

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

May 17

Avid Technology: Sell Off After Earnings Is Unjustified

May 06

Avid Technology Continues Its Recurring Revenue Push And Is Reasonably Valued

Apr 06

Shareholder Returns

	AVID	US Tech	US Market
7D	0.1%	3.2%	2.0%
1Y	0.4%	24.1%	32.4%

Return vs Industry: AVID underperformed the US Tech industry which returned 32.7% over the past year.

Return vs Market: AVID underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is AVID's price volatile compared to industry and market?
AVID volatility
AVID Average Weekly Movement	0.3%
Tech Industry Average Movement	7.6%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.9%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: AVID's weekly volatility has decreased from 6% to 0% over the past year.

About the Company

Founded	Employees	CEO	Website
1987	1,485	Jeff Rosica	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 in the United States and internationally. 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; S1 and dock line audio control surface; S4 and S6 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 cap	US$1.19b
Earnings (TTM)	US$12.95m
Revenue (TTM)	US$413.46m

92.1x

P/E Ratio

2.9x

P/S Ratio

Is AVID overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVID income statement (TTM)
Revenue	US$413.46m
Cost of Revenue	US$152.49m
Gross Profit	US$260.97m
Other Expenses	US$248.02m
Earnings	US$12.95m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	63.12%
Net Profit Margin	3.13%
Debt/Equity Ratio	-176.9%

How did AVID perform over the long term?

See historical performance and comparison

This company has been acquired

AVID Stock Overview

Rewards

Risk Analysis

Avid Technology, Inc. Competitors

NasdaqGM:CMPO

US$1.4b

NYSE:DBD

US$1.8b

NYSE:KODK

US$502.5m

NasdaqGM:PMTS

US$337.5m

Price History & Performance

Recent News & Updates

Avid Technology, Inc. entered into a definitive agreement to acquire Wolftech Broadcast Solutions As.

Avid Technology, Inc. Announces Chief Executive Officer Changes

Avid Technology, Inc. Files Form 15

Avid Technology, Inc. Announces Board Changes

Symphony Technology Group, LLC completed the acquisition of Avid Technology, Inc. (NasdaqGS:AVID).

Symphony Technology Group, LLC completed the acquisition of Avid Technology, Inc. (NasdaqGS:AVID).

Recent updates

Avid Technology, Inc. entered into a definitive agreement to acquire Wolftech Broadcast Solutions As.

Avid Technology, Inc. Announces Chief Executive Officer Changes

Avid Technology, Inc. Files Form 15

Avid Technology, Inc. Announces Board Changes

Symphony Technology Group, LLC completed the acquisition of Avid Technology, Inc. (NasdaqGS:AVID).

Symphony Technology Group, LLC completed the acquisition of Avid Technology, Inc. (NasdaqGS:AVID).

Avid Technology, Inc. Unveils Pro Tools Sketch for Modern Music Creators and to Expand Pro Tools Workflows

Avid Technology, Inc. Launches Stream IO Subscription-based Ingest & Playout Platform for Next-Generation Media Production

Avid Launches Media Composer Panel Software Development Kit to Propel Third-Party Innovation for Media's Top Editing Tool

Avid Announces the Availability of Its Avid VENUE 7.2 Software Update

Symphony Technology Group, LLC entered into a definitive agreement to acquire Avid Technology, Inc. (NasdaqGS:AVID) for $1.2 billion.

New major risk - Financial position

Price target decreased by 11% to US$31.40

Symphony Technology Group, LLC entered into a definitive agreement to acquire Symphony Technology Group, LLC for $1.2 billion.

Calculating The Fair Value Of Avid Technology, Inc. (NASDAQ:AVID)

Investor sentiment improves as stock rises 17%

Avid Technology, Inc. to Report Q2, 2023 Results on Aug 09, 2023

New minor risk - Share price stability

Now 20% undervalued after recent price drop

Returns on Capital Paint A Bright Future For Avid Technology (NASDAQ:AVID)

Avid Delivers Pro Tools Innovation with Track Markers and Expanded Immersive Mixing Workflows

Is Avid Technology, Inc. (NASDAQ:AVID) Potentially Undervalued?

Investor sentiment improves as stock rises 18%

Avid Technology Reportedly Explores Potential Sale

Now 22% undervalued after recent price drop

Consensus EPS estimates fall by 12%

Investor sentiment deteriorates as stock falls 20%

Avid Technology, Inc. Provides Earnings Guidance for the Second Quarter of 2023 and Reaffirms Earnings Guidance for the Full Year 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Do Avid Technology's (NASDAQ:AVID) Earnings Warrant Your Attention?

Price target increased by 9.0% to US$37.43

President exercised options to buy US$2.2m worth of stock.

Full year 2022 earnings: EPS exceeds analyst expectations

Avid Delivers New Era of Openness with Scripting Software Development Kit for Pro Tools

At US$31.33, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?

Avid Technology, Inc. Announces Avid Media Composer Enhances Interoperability with Pro Tools to Accelerate Workflows for Video and Audio Post Production Teams

Avid Releases Updates to Its Industry-Leading MediaCentral(R) Workflow Platform

Is Avid Technology, Inc. (NASDAQ:AVID) Trading At A 22% Discount?

Insider recently sold US$122k worth of stock

Here's Why Avid Technology (NASDAQ:AVID) Has Caught The Eye Of Investors

Now 21% undervalued

Avid Promotes Technology Services Executive Deb Sanders to Chief Customer Officer

Chief Revenue Officer & Senior VP recently sold US$836k worth of stock

Price target decreased to US$34.33

Insufficient new directors

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Avid Technology, Inc. Revises Earnings Guidance for the Full Year 2022

At US$24.73, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?

Avid Technology, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Avid Announces the Return of its MBOX Desktop Audio Interface with a Brand-New Offering, the MBOX Studio Powered by Pro Tools Software

Avid Technology announces amended credit facility

Avid Unveils Pro Tools Intro to Excite A New Generation of Music Makers

Avid's Newest Pro Tools Software Release Propels Music Creativity and Productivity to New Heights for All Users

Avid Launches Subscription Solution for TV and Media Graphics

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

Avid Appoints David Toomey as Senior Vice President & General Manager of Audio & Music Solutions

Avid Technology, Inc. Demonstrates Open Workflow Solutions at IBC2022

Avid Technology jumps 10% on joining SmallCap 600