AvePoint (AVPT) Stock Price, News & Analysis

Company Overview

AvePoint, Inc. provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services. AvePoint, Inc. was incorporated in 2001 and is headquartered in Jersey City, New Jersey.

Key Stats

• Today's Range: $15.55 to $15.87
• 50-Day Range: $11.54 to $16.03
• 52-Week Range: $7.08 to $16.50
• Volume: 1.05 million shs
• Average Volume: 892,195 shs
• Market Capitalization: $2.94 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $13.20
• Consensus Rating: Moderate Buy

AvePoint Stock Analysis - MarketRank™

AvePoint scored higher than 34% of companies evaluated by MarketBeat, and ranked 259th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AvePoint has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

AvePoint has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for AvePoint are expected to grow in the coming year, from ($0.09) to ($0.03) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AvePoint is -314.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of AvePoint is -314.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

AvePoint has a P/B Ratio of 13.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.79% of the float of AvePoint has been sold short.

Short Interest Ratio / Days to Cover

AvePoint has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in AvePoint has recently decreased by 2.83%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

AvePoint does not currently pay a dividend.

Dividend Growth

AvePoint does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.79% of the float of AvePoint has been sold short.

Short Interest Ratio / Days to Cover

AvePoint has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in AvePoint has recently decreased by 2.83%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.76

News Sentiment

AvePoint has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for AvePoint this week, compared to 3 articles on an average week.

Search Interest

13 people have searched for AVPT on MarketBeat in the last 30 days. This is an increase of 225% compared to the previous 30 days.

MarketBeat Follows

6 people have added AvePoint to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, AvePoint insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,724,500.00 in company stock.

Percentage Held by Insiders

27.78% of the stock of AvePoint is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

44.49% of the stock of AvePoint is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AVPT Stock Analysis - Frequently Asked Questions

How have AVPT shares performed this year?

AvePoint's stock was trading at $8.21 at the beginning of the year. Since then, AVPT shares have increased by 91.6% and is now trading at $15.73.
View the best growth stocks for 2024 here.

How were AvePoint's earnings last quarter?

AvePoint, Inc. (NASDAQ:AVPT) released its quarterly earnings data on Thursday, August, 8th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.09. AvePoint's revenue was up 20.2% on a year-over-year basis.

Who are AvePoint's major shareholders?

Top institutional shareholders of AvePoint include Wellington Management Group LLP (2.19%), State Street Corp (1.62%), Geode Capital Management LLC (1.52%) and Eagle Asset Management Inc. (0.63%). Insiders that own company stock include Zhijian Lu, Sixth Street Partners Manageme, Brian Michael Brown, James Caci, Sophia Wu and Tianyi Jiang.
View institutional ownership trends.

How do I buy shares of AvePoint?

Shares of AVPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AvePoint own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AvePoint investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), TotalEnergies (TTE), The RMR Group (RMR) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:AVPT
• CUSIP: N/A
• CIK: 1777921
• Web: www.avepoint.com
• Phone: 201-793-1111
• Fax: N/A
• Employees: 2,543
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.20
• High Stock Price Target: $19.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: -16.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-21,500,000.00
• Net Margins: -2.36%
• Pretax Margin: -2.09%
• Return on Equity: -3.16%
• Return on Assets: -1.55%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.75
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: $315.92 million
• Price / Sales: 9.30
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.16 per share
• Price / Book: 13.56

Miscellaneous

• Outstanding Shares: 186,725,000
• Free Float: 134,853,000
• Market Cap: $2.94 billion
• Optionable: Optionable
• Beta: 0.88