AvidXchange Holdings Inc [NASDAQ: AVDX] stock went on a downward path that fall over 0.00% on Wednesday, amounting to a one-week price increase of more than 0.31%.
Over the last 12 months, AVDX stock dropped by -5.22%. The one-year AvidXchange Holdings Inc stock forecast points to a potential downside of -42712450.61. The average equity rating for AVDX stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.02 billion, with 206.20 million shares outstanding and 162.97 million shares in the current float. Compared to the average trading volume of 4.22M shares, AVDX stock reached a trading volume of 4479164 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on AvidXchange Holdings Inc [AVDX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AVDX shares is $9.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AVDX stock is a recommendation set at 3.00. 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.
Barclays have made an estimate for AvidXchange Holdings Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on March 04, 2025. The new note on the price target was released on February 27, 2025, representing the official price target for AvidXchange Holdings Inc stock. Previously, the target price had yet another raise to $14, while BTIG Research analysts kept a Buy rating on AVDX stock. On November 07, 2024, analysts increased their price target for AVDX shares from 8 to 15.
The Price to Book ratio for the last quarter was 2.98, with the Price to Cash per share for the same quarter was set at 1.89. Price to Free Cash Flow for AVDX in the course of the last twelve months was 24.22 with Quick ratio for the last quarter at 1.32.
AVDX Stock Performance Analysis:
AvidXchange Holdings Inc [AVDX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.31. With this latest performance, AVDX shares gained by 0.62% in over the last four-week period, additionally sinking by -7.81% over the last 6 months – not to mention a drop of -5.22% in the past year of trading.
Insight into AvidXchange Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and AvidXchange Holdings Inc [AVDX] shares currently have an operating margin of -1.12% and a Gross Margin at 64.22%. AvidXchange Holdings Inc’s Net Margin is presently recorded at 0.42%.
Return on Equity for this stock inclined to 0.09%, with Return on Assets sitting at 0.09%.
AVDX Stock EPS
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 AVDX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AvidXchange Holdings Inc go to 13.47%.
AvidXchange Holdings Inc [AVDX] Institutonal Ownership Details
There are presently around $78.75%, or 92.65% of AVDX stock, in the hands of institutional investors. The top three institutional holders of AVDX stocks are: VANGUARD GROUP INC with ownership of 16.97 million shares, which is approximately 8.195%. BLACKROCK INC., holding 12.99 million shares of the stock with an approximate value of $$156.67 million in AVDX stocks shares; and BLACKROCK INC., currently with $$131.17 million in AVDX stock with ownership which is approximately 5.2537%.
