Market Analysts see Avaya Holdings Corp. [AVYA] falling to $5. Time to buy?


Avaya Holdings Corp. [NYSE: AVYA] plunged by -$0.89 during the normal trading session on Friday and reaching a high of $3.74 during the day while it closed the day at $2.87. The company report on June 21, 2022 that Avaya to Showcase Composable Contact Center Solutions for Customers, Employees that Deliver Total Experiences at Customer Contact Week (CCW).

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Avaya (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, today announced that at Customer Contact Week 2022 (CCW), the world’s largest contact center event series taking place now through June 23, it will showcase composable contact center solutions in the Experience Economy where, in order to succeed, businesses must deliver Total Experiences for customers and employees. Avaya is one of the only vendors in the industry delivering customers and end-users a Total Experience – the intersection of Customer, Employee, User, and Multiexperience.

Avaya OneCloud™ CCaaS makes it easy to connect everything—voice, video, chat, messaging, and more—to deliver effortless experiences for customers and employees at every touchpoint, enabling businesses to provide a Total Experience.

Avaya Holdings Corp. stock has also loss -24.67% of its value over the past 7 days. However, AVYA stock has declined by -78.91% in the 3 months of the year. Over the past six months meanwhile, it has lost -85.39% and lost -85.51% year-on date.

The market cap for AVYA stock reached $322.70 million, with 85.60 million shares outstanding and 82.39 million shares in the current float. Compared to the average trading volume of 3.19M shares, AVYA reached a trading volume of 20471600 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 $7.17 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 2.90. 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.

Barclays have made an estimate for Avaya Holdings Corp. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 17, 2022. While these analysts kept the previous recommendation, Cowen raised their target price from $26 to $6. The new note on the price target was released on May 13, 2022, representing the official price target for Avaya Holdings Corp. stock. Previously, the target price had yet another raise to $1, while BWS Financial analysts kept a Sell rating on AVYA stock. On May 11, 2022, analysts decreased their price target for AVYA shares from 16 to 7.

The Average True Range (ATR) for Avaya Holdings Corp. is set at 0.63, with the Price to Sales ratio for AVYA stock in the period of the last 12 months amounting to 0.11. The Price to Book ratio for the last quarter was 0.57, with the Price to Cash per share for the same quarter was set at 2.88.

AVYA stock trade performance evaluation

Avaya Holdings Corp. [AVYA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -24.67. With this latest performance, AVYA shares dropped by -10.87% in over the last four-week period, additionally sinking by -85.39% over the last 6 months – not to mention a drop of -89.23% 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 30.15, with the RSI for the last a single of trading hit 28.51, and the three-weeks RSI is set at 30.69 for Avaya Holdings Corp. [AVYA]. The present Moving Average for the last 50 days of trading for this stock 6.66, while it was recorded at 3.53 for the last single week of trading, and 14.86 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 +7.06 and a Gross Margin at +50.15. Avaya Holdings Corp.’s Net Margin is presently recorded at -0.44.

Return on Equity for this stock declined to -4.14, with Return on Assets sitting at -0.21.

Avaya Holdings Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.70.

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

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 4.30%.

Avaya Holdings Corp. [AVYA]: Insider Ownership positions

There are presently around $262 million, in the hands of institutional investors. The top three institutional holders of AVYA stocks are: VANGUARD GROUP INC with ownership of 9,352,096, which is approximately -3.326% of the company’s market cap and around 2.80% of the total institutional ownership; VICTORY CAPITAL MANAGEMENT INC, holding 8,375,572 shares of the stock with an approximate value of $24.04 million in AVYA stocks shares; and CAPITAL WORLD INVESTORS, currently with $22.36 million in AVYA stock with ownership of nearly 29.024% of the company’s market capitalization.

Positions in Avaya Holdings Corp. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 101 institutional holders increased their position in Avaya Holdings Corp. [NYSE:AVYA] by around 9,970,690 shares. Additionally, 93 investors decreased positions by around 9,051,766 shares, while 23 investors held positions by with 72,124,673 shares. The mentioned changes placed institutional holdings at 91,147,129 shares, according to the latest SEC report filing. AVYA stock had 32 new institutional investments in for a total of 788,623 shares, while 37 institutional investors sold positions of 2,207,120 shares during the same period.