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Avid Technology, Inc is an electronic gaming & multimedia business based in the US. Avid Technology shares (AVID) are listed on the NASDAQ and all prices are listed in US Dollars. Avid Technology employs 1,429 staff and has a trailing 12-month revenue of around USD$375.5 million.
Since the stock market crash in March caused by coronavirus, Avid Technology's share price has had significant positive movement.
Its last market close was USD$11.5, which is 24.43% up on its pre-crash value of USD$8.69 and 114.55% up on the lowest point reached during the March crash when the shares fell as low as USD$5.36.
If you had bought USD$1,000 worth of Avid Technology shares at the start of February 2020, those shares would have been worth USD$699.99 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,385.52.
|Latest market close||USD$11.5|
|52-week range||USD$4.67 - USD$9.66|
|50-day moving average||USD$8.2385|
|200-day moving average||USD$7.4404|
|Wall St. target price||USD$12.75|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.328|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-23)||-4.72%|
|1 month (2020-10-30)||23.39%|
|3 months (2020-08-28)||40.24%|
|6 months (2020-05-29)||62.89%|
|1 year (2019-11-29)||46.12%|
|2 years (2018-11-30)||78.57%|
|3 years (2017-11-30)||70.88%|
|5 years (2015-11-30)||51.52%|
Valuing Avid Technology stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Avid Technology's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Avid Technology's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Avid Technology shares trade at around 26x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Avid Technology's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.91. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Avid Technology's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Avid Technology's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$40.3 million.
The EBITDA is a measure of a Avid Technology's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$375.5 million|
|Operating margin TTM||8.62%|
|Gross profit TTM||USD$252.8 million|
|Return on assets TTM||7.39%|
|Return on equity TTM||0%|
|Market capitalisation||USD$378 million|
TTM: trailing 12 months
There are currently 2.9 million Avid Technology shares held short by investors – that's known as Avid Technology's "short interest". This figure is 2.1% up from 2.9 million last month.
There are a few different ways that this level of interest in shorting Avid Technology shares can be evaluated.
Avid Technology's "short interest ratio" (SIR) is the quantity of Avid Technology shares currently shorted divided by the average quantity of Avid Technology shares traded daily (recently around 398613.12584574). Avid Technology's SIR currently stands at 7.39. In other words for every 100,000 Avid Technology shares traded daily on the market, roughly 7390 shares are currently held short.
However Avid Technology's short interest can also be evaluated against the total number of Avid Technology shares, or, against the total number of tradable Avid Technology shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Avid Technology's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Avid Technology shares in existence, roughly 70 shares are currently held short) or 0.0836% of the tradable shares (for every 100,000 tradable Avid Technology shares, roughly 84 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Avid Technology.
Find out more about how you can short Avid Technology stock.
We're not expecting Avid Technology to pay a dividend over the next 12 months.
Over the last 12 months, Avid Technology's shares have ranged in value from as little as $4.67 up to $9.66. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Avid Technology's is 1.1219. This would suggest that Avid Technology's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Avid Technology, Inc. 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; 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. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various service contracts and support plans; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts.
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