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How to buy Avid Technology (AVID) stocks in Canada

Learn how to easily invest in Avid Technology stocks.

Avid Technology is an electronic gaming & multimedia business based in the US. Avid Technology stocks (AVID.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $37.73 – a decrease of 2.92% over the previous week. Avid Technology employs 1,362 staff and has a trailing 12-month revenue of around $395.2 million.

How to buy shares in Avid Technology

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – AVID – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Avid Technology stock price (NASDAQ:AVID)

Use our graph to track the performance of AVID stocks over time.

Avid Technology shares at a glance

Information last updated 2022-01-23.
Latest market close$28.23
52-week range$17.00 - $40.48
50-day moving average $32.05
200-day moving average $30.48
Wall St. target price$42.50
PE ratio 40.5579
Dividend yield N/A (0%)
Earnings per share (TTM) $0.72

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Is it a good time to buy Avid Technology stock?

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.

Avid Technology price performance over time

Historical closes compared with the close of $28.23 from 2022-01-27

1 week (2022-01-21) -2.92%
1 month (2021-12-28) -13.51%
3 months (2021-10-28) -1.02%
6 months (2021-07-28) -22.57%
1 year (2021-01-28) 60.49%
2 years (2020-01-28) 219.71%
3 years (2019-01-28) 523.18%
5 years (2017-01-27) 461.23%

Is Avid Technology under- or over-valued?

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 P/E ratio

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 41x. In other words, Avid Technology shares trade at around 41x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Avid Technology's PEG ratio

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

Avid Technology's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $50.4 million.

The EBITDA is a measure of a Avid Technology's overall financial performance and is widely used to measure a its profitability.

Avid Technology financials

Revenue TTM $395.2 million
Operating margin TTM 11.38%
Gross profit TTM $228.3 million
Return on assets TTM 11.02%
Return on equity TTM 0%
Profit margin 8.42%
Book value $-4.12
Market capitalisation $1.3 billion

TTM: trailing 12 months

Avid Technology share dividends

We're not expecting Avid Technology to pay a dividend over the next 12 months.

Avid Technology share price volatility

Over the last 12 months, Avid Technology's shares have ranged in value from as little as $17.0001 up to $40.48. A popular way to gauge a stock's volatility is its "beta".

AVID.US volatility(beta: 1.2)Avg. volatility(beta: 1.00)LowHigh

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 1.1987. 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 overview

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; 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; 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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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