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NASDAQ:AVID

Avid Technology (AVID) Stock Price, News & Analysis

Avid Technology logo

About Avid Technology Stock (NASDAQ:AVID)

Key Stats

Today's Range
$27.04
$27.04
50-Day Range
$26.84
$27.04
52-Week Range
$19.78
$33.41
Volume
N/A
Average Volume
483,812 shs
Market Capitalization
$1.19 billion
P/E Ratio
37.04
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution in the United States and internationally. 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; S1 and dock line audio control surface; S4 and S6 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 maintenance contracts and support services; 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. Avid Technology, Inc. was incorporated in 1987 and is headquartered in Burlington, Massachusetts.

Avid Technology Stock Analysis - MarketRank™

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46th Percentile Overall Score

AVID MarketRank™: 

Avid Technology scored higher than 46% of companies evaluated by MarketBeat, and ranked 457th out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Avid Technology.

  • Earnings Growth

    Earnings for Avid Technology are expected to grow by 44.76% in the coming year, from $1.05 to $1.52 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Avid Technology is 37.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.83.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Avid Technology is 37.04, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 270.46.

  • Short Interest

    There is no current short interest data available for AVID.
  • Dividend Yield

    Avid Technology does not currently pay a dividend.

  • Dividend Growth

    Avid Technology does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for AVID.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Avid Technology this week, compared to 10 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Avid Technology insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.00% of the stock of Avid Technology is held by insiders.

  • Percentage Held by Institutions

    84.96% of the stock of Avid Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Avid Technology's insider trading history.
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AVID Stock News Headlines

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Avid Bioservices Shares Rise After $1.1B Buyout Offer
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AVID Stock Analysis - Frequently Asked Questions

Avid Technology, Inc. (NASDAQ:AVID) posted its quarterly earnings results on Tuesday, November, 9th. The technology company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. The technology company earned $101.64 million during the quarter, compared to the consensus estimate of $96.98 million. Avid Technology had a net margin of 7.59% and a negative trailing twelve-month return on equity of 27.20%.

The following companies are subsidiaries of Avid Technology: Orad Hi-Tech Systems, Rocket Network, Euphonix, Blue Order Solutions, Maximum Throughput, Sibelius, Sundance Digital, and more.

Based on aggregate information from My MarketBeat watchlists, some other companies that Avid Technology investors own include NVIDIA (NVDA), Meta Platforms (META), PayPal (PYPL), Micron Technology (MU), Tesla (TSLA), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

Company Calendar

Last Earnings
11/09/2021
Today
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:AVID
CUSIP
05367P10
Employees
1,485
Year Founded
1987

Profitability

Net Income
$55.24 million
Pretax Margin
4.87%

Debt

Sales & Book Value

Annual Sales
$417.41 million
Cash Flow
$1.26 per share
Book Value
($2.72) per share

Miscellaneous

Free Float
40,955,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.13

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This page (NASDAQ:AVID) was last updated on 11/13/2024 by MarketBeat.com Staff
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