Avid Technology Financials
AVIDDelisted Stock | USD 27.04 0.00 0.00% |
With this module, you can analyze Avid financials for your investing period. You should be able to track the changes in Avid Technology individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Avid |
Understanding current and past Avid Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avid Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Avid Technology's assets may result in an increase in income on the income statement.
Evaluating Avid Technology's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Avid Technology's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Avid Technology's relative financial performance
Chance Of Distress
Over 100
100 | Zero |
Dangerous
Avid Technology has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Avid Technology stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Avid Technology's odds of distress score SHOULD NOT be confused with the real chance of Avid Technology filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Avid is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Avid Technology's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More InfoThe data published in Avid Technology's official financial statements usually reflect Avid Technology's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Avid Technology. For example, before you start analyzing numbers published by Avid accountants, it's critical to develop an understanding of what Avid Technology's liquidity, profitability, and earnings quality are in the context of the Technology Hardware, Storage & Peripherals space in which it operates.
Please note, the presentation of Avid Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Avid Technology's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Avid Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Avid Technology. Please utilize our Beneish M Score to check the likelihood of Avid Technology's management manipulating its earnings.
Avid Technology Company Summary
Avid Technology competes with Nextplat Corp, Western Midstream, Southwest Gas, Q2 Holdings, and Bm Technologies. 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 worldwide. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts. Avid Tech operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1405 people.Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US05367P1003 |
Business Address | 75 Network Drive, |
Sector | Technology Hardware, Storage & Peripherals |
Industry | Information Technology |
Benchmark | NYSE Composite |
Website | www.avid.com |
Phone | 978 640 6789 |
Currency | USD - US Dollar |
You should never invest in Avid Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Avid Stock, because this is throwing your money away. Analyzing the key information contained in Avid Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Avid Technology Key Financial Ratios
Generally speaking, Avid Technology's financial ratios allow both analysts and investors to convert raw data from Avid Technology's financial statements into concise, actionable information that can be used to evaluate the performance of Avid Technology over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Avid Technology reports annually and quarterly.Return On Asset | 0.055 | |||
Target Price | 27.03 | |||
Beta | 1.13 |
Avid Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Avid Technology's current stock value. Our valuation model uses many indicators to compare Avid Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avid Technology competition to find correlations between indicators driving Avid Technology's intrinsic value. More Info.Avid Technology is number one stock in return on asset category among related companies. It is rated fourth in book value per share category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Avid Technology by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Avid Technology's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avid Technology's earnings, one of the primary drivers of an investment's value.Avid Technology Market Pulse
Quote | 27.04 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 27.04 |
Low | 27.04 |
High | 27.04 |
Volume | 0 |
Exchange | NASDAQ |
About Avid Technology Financials
What exactly are Avid Technology Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Avid Technology's income statement, its balance sheet, and the statement of cash flows. Potential Avid Technology investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Avid Technology investors may use each financial statement separately, they are all related. The changes in Avid Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avid Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Avid Technology Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Avid Technology is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Avid has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Avid Technology's financials are consistent with your investment objective using the following steps:- Review Avid Technology's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Avid Technology's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Avid Technology's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Avid Technology's stock is overvalued or undervalued.
Avid Technology March 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Avid Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avid Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avid Technology based on widely used predictive technical indicators. In general, we focus on analyzing Avid Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avid Technology's daily price indicators and compare them against related drivers.
Information Ratio | (0.59) | |||
Maximum Drawdown | 1.45 | |||
Value At Risk | (0.23) | |||
Potential Upside | 0.2635 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Avid Stock
If you are still planning to invest in Avid Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avid Technology's history and understand the potential risks before investing.
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