Wednesday, October 28, 2020

Colliers Securities slashes price target on Avaya Holdings Corp. [AVYA] – find out why.

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Avaya Holdings Corp. [NYSE: AVYA] surged by $0.94 during the normal trading session on Tuesday and reaching a high of $15.20 during the day while it closed the day at $15.06.

Avaya Holdings Corp. stock has also gained 3.15% of its value over the past 7 days. However, AVYA stock has inclined by 21.84% in the 3 months of the year. Over the past six months meanwhile, it has gained 86.16% and gained 11.56% year-on date.

The market cap for AVYA stock reached $1.24 billion, with 83.10 million shares outstanding and 81.29 million shares in the current float. Compared to the average trading volume of 1.50M shares, AVYA reached a trading volume of 1118509 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Avaya Holdings Corp. [AVYA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AVYA shares is $19.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AVYA stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Colliers Securities have made an estimate for Avaya Holdings Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 01, 2020. While these analysts kept the previous recommendation, JP Morgan raised their target price to Overweight. The new note on the price target was released on April 23, 2020, representing the official price target for Avaya Holdings Corp. stock. Previously, the target price had yet another raise to $12, while Morgan Stanley analysts kept a Overweight rating on AVYA stock. On January 21, 2020, analysts increased their price target for AVYA shares from 16 to 18.

The Average True Range (ATR) for Avaya Holdings Corp. is set at 0.64, with the Price to Sales ratio for AVYA stock in the period of the last 12 months amounting to 0.44. The Price to Book ratio for the last quarter was 5.93, with the Price to Cash per share for the same quarter was set at 9.01. Price to Free Cash Flow for AVYA in the course of the last twelve months was 29.54 with Quick ratio for the last quarter at 1.20.

AVYA stock trade performance evaluation

Avaya Holdings Corp. [AVYA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.15. With this latest performance, AVYA shares dropped by -2.78% in over the last four-week period, additionally plugging by 86.16% over the last 6 months – not to mention a rise of 47.21% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AVYA stock in for the last two-week period is set at 57.00, with the RSI for the last a single of trading hit 58.59, and the three-weeks RSI is set at 54.05 for Avaya Holdings Corp. [AVYA]. The present Moving Average for the last 50 days of trading for this stock 14.60, while it was recorded at 14.10 for the last single week of trading, and 12.52 for the last 200 days.

Avaya Holdings Corp. [AVYA]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Avaya Holdings Corp. [AVYA] shares currently have an operating margin of +7.24 and a Gross Margin at +48.94. Avaya Holdings Corp.’s Net Margin is presently recorded at -23.24.

Return on Total Capital for AVYA is now 4.33, given the latest momentum, and Return on Invested Capital for the company is -14.01. Return on Equity for this stock declined to -40.05, with Return on Assets sitting at -9.17. When it comes to the capital structure of this company, Avaya Holdings Corp. [AVYA] has a Total Debt to Total Equity ratio set at 241.38. Additionally, AVYA Total Debt to Total Capital is recorded at 70.71, with Total Debt to Total Assets ending up at 45.15. Long-Term Debt to Equity for the company is recorded at 238.31, with the Long-Term Debt to Total Capital now at 69.81.

Reflecting on the efficiency of the workforce at the company, Avaya Holdings Corp. [AVYA] managed to generate an average of -$84,937 per employee. Receivables Turnover for the company is 6.58 with a Total Asset Turnover recorded at a value of 0.39.Avaya Holdings Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for Avaya Holdings Corp. [AVYA] stock

With the latest financial reports released by the company, Avaya Holdings Corp. posted 0.71/share EPS, while the average EPS was predicted by analysts to be reported at 0.84/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -15.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AVYA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Avaya Holdings Corp. go to 6.30%.

Avaya Holdings Corp. [AVYA]: Insider Ownership positions

There are presently around $1,428 million, in the hands of institutional investors. The top three institutional holders of AVYA stocks are: JPMORGAN CHASE & CO with ownership of 9,108,095, which is approximately -14.954% of the company’s market cap and around 1.70% of the total institutional ownership; VANGUARD GROUP INC, holding 8,861,051 shares of the stock with an approximate value of $133.45 million in AVYA stocks shares; and BLACKROCK INC., currently with $101.47 million in AVYA stock with ownership of nearly -4.52% of the company’s market capitalization.

Positions in Avaya Holdings Corp. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 111 institutional holders increased their position in Avaya Holdings Corp. [NYSE:AVYA] by around 13,656,127 shares. Additionally, 87 investors decreased positions by around 19,813,809 shares, while 14 investors held positions by with 61,342,354 shares. The mentioned changes placed institutional holdings at 94,812,290 shares, according to the latest SEC report filing. AVYA stock had 51 new institutional investments in for a total of 6,625,610 shares, while 24 institutional investors sold positions of 5,632,554 shares during the same period.

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