NASDAQ:CDMO Avid Bioservices (CDMO) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free CDMO Stock Alerts $8.67 +0.53 (+6.51%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$8.04▼$8.7450-Day Range$6.09▼$8.7952-Week Range$4.07▼$18.09Volume1.01 million shsAverage Volume1.10 million shsMarket Capitalization$550.37 millionP/E RatioN/ADividend YieldN/APrice Target$14.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Avid Bioservices alerts: Email Address Avid Bioservices MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside67.2% Upside$14.50 Price TargetShort InterestBearish17.42% of Shares Sold ShortDividend StrengthN/ASustainability-0.96Upright™ Environmental ScoreNews Sentiment0.65Based on 6 Articles This WeekInsider TradingSelling Shares$127,546 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.57 out of 5 starsMedical Sector274th out of 925 stocksPharmaceutical Preparations Industry119th out of 430 stocks 3.4 Analyst's Opinion Consensus RatingAvid Bioservices has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAvid Bioservices has only been the subject of 1 research reports in the past 90 days.Read more about Avid Bioservices' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted17.42% of the outstanding shares of Avid Bioservices have been sold short.Short Interest Ratio / Days to CoverAvid Bioservices has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in Avid Bioservices has recently increased by 7.17%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAvid Bioservices does not currently pay a dividend.Dividend GrowthAvid Bioservices does not have a long track record of dividend growth. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAvid Bioservices has received a 68.99% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Biopharmaceuticals", "Clinical research services", and "Process engineering services for the pharmaceutical industry" products. See details.Environmental SustainabilityThe Environmental Impact score for Avid Bioservices is -0.96. Previous Next 2.0 News and Social Media Coverage News SentimentAvid Bioservices has a news sentiment score of 0.65. 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 news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Avid Bioservices this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for CDMO on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Avid Bioservices to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Avid Bioservices insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $127,546.00 in company stock.Percentage Held by InsidersOnly 2.39% of the stock of Avid Bioservices is held by insiders.Percentage Held by Institutions97.16% of the stock of Avid Bioservices is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Avid Bioservices' insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Avid Bioservices is -32.11, 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. SectorThe P/E ratio of Avid Bioservices is -32.11, 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 RatioAvid Bioservices has a P/B Ratio of 2.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Avid Bioservices' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Avid Bioservices Stock (NASDAQ:CDMO)Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services of biologics for the biotechnology and biopharmaceutical industries. The company offers various services, including clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing, and regulatory submission and support. It also provides various process development services, such as upstream and downstream development and optimization, analytical methods development, cell line development, testing, and characterization. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was incorporated in 1981 and is headquartered in Tustin, California.Read More CDMO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CDMO Stock News HeadlinesMay 3, 2024 | insidertrades.comMark R. Ziebell Sells 1,643 Shares of Avid Bioservices, Inc. (NASDAQ:CDMO) StockMay 7, 2024 | globenewswire.comAvid Bioservices to Participate at Upcoming Investor ConferencesMay 12, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).May 6, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc. - CDMOMay 5, 2024 | americanbankingnews.comAvid Bioservices, Inc. (NASDAQ:CDMO) General Counsel Sells $12,158.20 in StockMay 4, 2024 | americanbankingnews.comDaniel R. Hart Sells 2,826 Shares of Avid Bioservices, Inc. (NASDAQ:CDMO) StockMay 4, 2024 | americanbankingnews.comNicholas Stewart Green Sells 11,762 Shares of Avid Bioservices, Inc. (NASDAQ:CDMO) StockMay 2, 2024 | finance.yahoo.comSmall Molecule CMO/CDMO Market Outlook 2024-2033: Rising Focus on Personalized Medicine and Niche Therapies WorldwideMay 12, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).April 30, 2024 | markets.businessinsider.comAnalysts Offer Insights on Healthcare Companies: AIM ImmunoTech (AIM) and Avid Bioservices (CDMO)April 30, 2024 | finance.yahoo.comQ3 2024 Avid Bioservices Inc Earnings CallApril 24, 2024 | globenewswire.comAvid Bioservices Reports Financial Results for Third Quarter Ended January 31, 2024April 21, 2024 | seekingalpha.comLaughing Water Capital - Avid Bioservices: A Few Years Away From Large, Relatively Sticky FCFApril 12, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc. - CDMOApril 4, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc. - CDMOMarch 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc. - CDMOMarch 20, 2024 | globenewswire.comAvid Bioservices Announces Receipt of Deficiency Notice from Nasdaq Regarding Late Form 10-QMarch 20, 2024 | finance.yahoo.comCDMO Dec 2024 10.000 callMarch 16, 2024 | ca.finance.yahoo.comCDMO Apr 2024 15.000 callMarch 16, 2024 | ca.finance.yahoo.comCDMO Dec 2024 2.500 callMarch 14, 2024 | businesswire.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Avid Bioservices, Inc. (CDMO) on Behalf of InvestorsMarch 14, 2024 | businesswire.comAvid Bioservices, Inc. (CDMO) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged WrongdoingsMarch 13, 2024 | businesswire.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Avid Bioservices, Inc. (CDMO) on Behalf of InvestorsMarch 13, 2024 | businesswire.comThe Law Offices of Frank R. Cruz Announces Investigation of Avid Bioservices, Inc. (CDMO) on Behalf of InvestorsMarch 7, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Healthcare Stocks: Alimera (ALIM), Avid Bioservices (CDMO)March 7, 2024 | investorplace.comWhy Is Avid Bioservices (CDMO) Stock Down 30% Today?March 7, 2024 | marketwatch.comAvid Bioservices Shares Slide After Pricing Private Placement of Convertible NotesSee More Headlines Receive CDMO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Avid Bioservices and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings6/21/2023Today5/12/2024Next Earnings (Estimated)6/19/2024Fiscal Year End4/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:CDMO CUSIPN/A CIK704562 Webwww.avidbio.com Phone(714) 508-6100Fax714-838-5817Employees365Year FoundedN/APrice Target and Rating Average Stock Price Target$14.50 High Stock Price Target$20.00 Low Stock Price Target$8.00 Potential Upside/Downside+67.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.27) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$260,000.00 Net Margins-13.10% Pretax Margin-15.47% Return on Equity-8.78% Return on Assets-3.61% Debt Debt-to-Equity Ratio0.04 Current Ratio0.46 Quick Ratio0.31 Sales & Book Value Annual Sales$149.27 million Price / Sales3.69 Cash Flow$0.15 per share Price / Cash Flow56.21 Book Value$3.02 per share Price / Book2.87Miscellaneous Outstanding Shares63,480,000Free Float61,963,000Market Cap$550.37 million OptionableOptionable Beta1.55 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Nicholas Stewart Green B.Sc. (Age 59)MBA, President, CEO & Director Comp: $1.35MMr. Daniel R. Hart (Age 51)Chief Financial Officer Comp: $719.75kMr. Richard Richieri (Age 59)Chief Operations Officer Comp: $561.68kMr. Mark R. Ziebell J.D. (Age 60)VP, General Counsel & Corporate Secretary Comp: $647.1kMr. Matthew Kwietniak (Age 55)Chief Commercial Officer Comp: $553.59kMs. Oksana LukashVice President of PeopleMore ExecutivesKey CompetitorsApplied TherapeuticsNASDAQ:APLTAstria TherapeuticsNASDAQ:ATXSAerovate TherapeuticsNASDAQ:AVTEArbutus BiopharmaNASDAQ:ABUSArriVent BioPharmaNASDAQ:AVBPView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 47,315 shares on 5/10/2024Ownership: 5.774%State Board of Administration of Florida Retirement SystemSold 1,360 shares on 5/9/2024Ownership: 0.026%12 West Capital Management LPBought 2,750,000 shares on 5/7/2024Ownership: 4.332%Sei Investments Co.Sold 2,787 shares on 5/7/2024Ownership: 0.219%GSA Capital Partners LLPBought 73,962 shares on 5/3/2024Ownership: 0.146%View All Insider TransactionsView All Institutional Transactions CDMO Stock Analysis - Frequently Asked Questions Should I buy or sell Avid Bioservices stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avid Bioservices in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CDMO shares. View CDMO analyst ratings or view top-rated stocks. What is Avid Bioservices' stock price target for 2024? 4 brokers have issued 12 month target prices for Avid Bioservices' shares. Their CDMO share price targets range from $8.00 to $20.00. On average, they predict the company's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 67.2% from the stock's current price. View analysts price targets for CDMO or view top-rated stocks among Wall Street analysts. How have CDMO shares performed in 2024? Avid Bioservices' stock was trading at $6.50 at the beginning of the year. Since then, CDMO stock has increased by 33.4% and is now trading at $8.67. View the best growth stocks for 2024 here. When is Avid Bioservices' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 19th 2024. View our CDMO earnings forecast. How were Avid Bioservices' earnings last quarter? Avid Bioservices, Inc. (NASDAQ:CDMO) issued its quarterly earnings data on Wednesday, June, 21st. The biopharmaceutical company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.07. The biopharmaceutical company earned $39.80 million during the quarter, compared to analysts' expectations of $39 million. Avid Bioservices had a negative trailing twelve-month return on equity of 8.78% and a negative net margin of 13.10%. During the same period last year, the business posted $0.04 EPS. What ETF holds Avid Bioservices' stock? Franklin Genomic Advancements ETF holds 7,643 shares of CDMO stock, representing 0.69% of its portfolio. When did Avid Bioservices' stock split? Shares of Avid Bioservices reverse split on the morning of Monday, July 10th 2017. The 1-7 reverse split was announced on Friday, July 7th 2017. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 7th 2017. An investor that had 100 shares of stock prior to the reverse split would have 14 shares after the split. What guidance has Avid Bioservices issued on next quarter's earnings? Avid Bioservices updated its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $137.0 million-$147.0 million, compared to the consensus revenue estimate of $138.7 million. What is Roger Lias' approval rating as Avid Bioservices' CEO? 5 employees have rated Avid Bioservices Chief Executive Officer Roger Lias on Glassdoor.com. Roger Lias has an approval rating of 49% among the company's employees. This puts Roger Lias in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 63.0% of employees surveyed would recommend working at Avid Bioservices to a friend. What other stocks do shareholders of Avid Bioservices own? Based on aggregate information from My MarketBeat watchlists, some companies that other Avid Bioservices investors own include Array Technologies (ARRY), Anavex Life Sciences (AVXL), Inovio Pharmaceuticals (INO), Advanced Micro Devices (AMD), Dynavax Technologies (DVAX), Micron Technology (MU), QUALCOMM (QCOM), NVIDIA (NVDA), Novavax (NVAX) and Pfizer (PFE). Who are Avid Bioservices' major shareholders? Avid Bioservices' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.77%), 12 West Capital Management LP (4.33%), Rice Hall James & Associates LLC (0.62%), BNP Paribas Financial Markets (0.49%), Sei Investments Co. (0.22%) and GSA Capital Partners LLP (0.15%). Insiders that own company stock include Daniel R Hart, Gregory Sargen, Joseph Carleone, Mark R Ziebell, Matthew R Kwietniak, Nicholas Stewart Green, Richard A Richieri and Richard B Hancock. View institutional ownership trends. How do I buy shares of Avid Bioservices? Shares of CDMO 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. This page (NASDAQ:CDMO) was last updated on 5/12/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe ONE AI Stock to own now. 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