Avid Bioservices Stock Buy Hold or Sell Recommendation
| CDMO Stock | USD 6.39 0.13 1.99% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Avid Bioservices is 'Strong Sell'. Macroaxis provides Avid Bioservices buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CDMO positions. The advice algorithm takes into account all of Avid Bioservices' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Avid Bioservices' buy or sell advice are summarized below:
Real Value 9.46 | Target Price 19.25 | Hype Value 6.36 | Market Value 6.39 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Avid Bioservices given historical horizon and risk tolerance towards Avid Bioservices. When Macroaxis issues a 'buy' or 'sell' recommendation for Avid Bioservices, the advice is generated through an automated system that utilizes algorithms and statistical models.
Avid |
Execute Avid Bioservices Buy or Sell Advice
The Avid recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Avid Bioservices. Macroaxis does not own or have any residual interests in Avid Bioservices or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Avid Bioservices' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Avid Bioservices Trading Alerts and Improvement Suggestions
| Avid Bioservices had very high historical volatility over the last 90 days | |
| Avid Bioservices currently holds about 115.14 M in cash with (12.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.85. | |
| Avid Bioservices has a poor financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Avid Bioservices, Inc. Short Interest Update - Defense World |
Avid Bioservices Returns Distribution Density
The distribution of Avid Bioservices' historical returns is an attempt to chart the uncertainty of Avid Bioservices' future price movements. The chart of the probability distribution of Avid Bioservices daily returns describes the distribution of returns around its average expected value. We use Avid Bioservices price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Avid Bioservices returns is essential to provide solid investment advice for Avid Bioservices.
| Mean Return | 0.23 | Value At Risk | -5.92 | Potential Upside | 8.42 | Standard Deviation | 6.09 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Avid Bioservices historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Avid Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Avid Bioservices is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Avid Bioservices backward and forwards among themselves. Avid Bioservices' institutional investor refers to the entity that pools money to purchase Avid Bioservices' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Punch & Associates Inv Mgmt Inc | 2023-12-31 | 1.3 M | Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.1 M | Citadel Advisors Llc | 2023-09-30 | 1 M | Awm Investment Company Inc | 2023-12-31 | 931.5 K | Kornitzer Capital Management Inc | 2023-12-31 | 804.8 K | New York State Common Retirement Fund | 2023-12-31 | 758.3 K | Aristotle Capital Boston, Llc | 2023-12-31 | 736.7 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 729.4 K | Blackrock Inc | 2023-12-31 | 5.3 M | State Street Corporation | 2023-12-31 | 4.8 M |
Avid Bioservices Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (4.3M) | (988K) | (14.2M) | (17.8M) | (16.1M) | (15.3M) | |
| Change In Cash | 3.1M | 133.7M | (43.7M) | (87.6M) | (78.9M) | (74.9M) | |
| Free Cash Flow | 2.0M | 21.3M | (46.9M) | (90.5M) | (81.5M) | (77.4M) | |
| Depreciation | 3.1M | 3.5M | 4.5M | 7.2M | 8.3M | 8.7M | |
| Other Non Cash Items | 13K | 916K | 1.4M | 1.2M | 1.1M | 1.1M | |
| Capital Expenditures | 3.8M | 9.9M | 56.4M | 77.6M | 89.3M | 93.7M | |
| Net Income | (10.5M) | 11.2M | 127.7M | 560K | 644K | 676.2K | |
| End Period Cash Flow | 36.6M | 170.3M | 126.5M | 38.9M | 44.7M | 37.0M | |
| Change Receivables | (1.2M) | (10.2M) | (1.7M) | 2.2M | 2.0M | 2.1M | |
| Net Borrowings | 4.3M | 134.0M | (162K) | (505K) | (580.8K) | (551.7K) | |
| Change To Netincome | 2.5M | 3.9M | (107.3M) | 12.6M | 11.3M | 11.9M | |
| Investments | (3.8M) | (9.9M) | (56.4M) | (77.6M) | (69.9M) | (66.4M) |
Avid Bioservices Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Avid Bioservices or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Avid Bioservices' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Avid stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 2.08 | |
σ | Overall volatility | 6.12 | |
Ir | Information ratio | 0.02 |
Avid Bioservices Volatility Alert
Avid Bioservices is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Avid Bioservices' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Avid Bioservices' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Avid Bioservices Fundamentals Vs Peers
Comparing Avid Bioservices' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Avid Bioservices' direct or indirect competition across all of the common fundamentals between Avid Bioservices and the related equities. This way, we can detect undervalued stocks with similar characteristics as Avid Bioservices or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Avid Bioservices' fundamental indicators could also be used in its relative valuation, which is a method of valuing Avid Bioservices by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Avid Bioservices to competition |
| Fundamentals | Avid Bioservices | Peer Average |
| Return On Equity | -0.0628 | -0.31 |
| Return On Asset | -0.0136 | -0.14 |
| Profit Margin | (0.08) % | (1.27) % |
| Operating Margin | (0.44) % | (5.51) % |
| Current Valuation | 569.37 M | 16.62 B |
| Shares Outstanding | 63.24 M | 571.82 M |
| Shares Owned By Insiders | 1.10 % | 10.09 % |
| Shares Owned By Institutions | 91.99 % | 39.21 % |
| Number Of Shares Shorted | 10.11 M | 4.71 M |
| Price To Earning | 10.76 X | 28.72 X |
| Price To Book | 2.32 X | 9.51 X |
| Price To Sales | 3.02 X | 11.42 X |
| Revenue | 149.27 M | 9.43 B |
| Gross Profit | 31.48 M | 27.38 B |
| EBITDA | 4.6 M | 3.9 B |
| Net Income | 560 K | 570.98 M |
| Cash And Equivalents | 115.14 M | 2.7 B |
| Cash Per Share | 1.85 X | 5.01 X |
| Total Debt | 189.23 M | 5.32 B |
| Debt To Equity | 1.02 % | 48.70 % |
| Current Ratio | 1.93 X | 2.16 X |
| Book Value Per Share | 2.90 X | 1.93 K |
| Cash Flow From Operations | (12.89 M) | 971.22 M |
| Short Ratio | 4.93 X | 4.00 X |
| Earnings Per Share | (0.18) X | 3.12 X |
| Price To Earnings To Growth | 16.30 X | 4.89 X |
| Target Price | 12.25 | |
| Number Of Employees | 365 | 18.84 K |
| Beta | 1.62 | -0.15 |
| Market Capitalization | 404.1 M | 19.03 B |
| Total Asset | 451.05 M | 29.47 B |
| Retained Earnings | (430.82 M) | 9.33 B |
| Working Capital | 38.74 M | 1.48 B |
Note: Acquisition by Matthew Kwietniak of 669 shares of Avid Bioservices subject to Rule 16b-3 [view details]
Avid Bioservices Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Avid . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Avid Bioservices Buy or Sell Advice
When is the right time to buy or sell Avid Bioservices? Buying financial instruments such as Avid Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 182.5M | 189.2M | 217.6M | 228.5M | Total Assets | 429.8M | 451.1M | 518.7M | 544.6M |
Use Investing Ideas to Build Portfolios
In addition to having Avid Bioservices in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies specializing in advertising, marketing and advertising services. The Advertising theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Advertising Theme or any other thematic opportunities.
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Check out Avid Bioservices Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Avid Stock, please use our How to Invest in Avid Bioservices guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Avid Stock analysis
When running Avid Bioservices' price analysis, check to measure Avid Bioservices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avid Bioservices is operating at the current time. Most of Avid Bioservices' value examination focuses on studying past and present price action to predict the probability of Avid Bioservices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avid Bioservices' price. Additionally, you may evaluate how the addition of Avid Bioservices to your portfolios can decrease your overall portfolio volatility.
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Is Avid Bioservices' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avid Bioservices. If investors know Avid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avid Bioservices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (0.18) | Revenue Per Share 2.246 | Quarterly Revenue Growth (0.27) | Return On Assets (0.01) |
The market value of Avid Bioservices is measured differently than its book value, which is the value of Avid that is recorded on the company's balance sheet. Investors also form their own opinion of Avid Bioservices' value that differs from its market value or its book value, called intrinsic value, which is Avid Bioservices' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avid Bioservices' market value can be influenced by many factors that don't directly affect Avid Bioservices' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avid Bioservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avid Bioservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avid Bioservices' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.