Avid Bioservices Stock Filter Stocks by Fundamentals
| CDMO Stock | USD 6.41 0.02 0.31% |
Avid Bioservices fundamentals help investors to digest information that contributes to Avid Bioservices' financial success or failures. It also enables traders to predict the movement of Avid Stock. The fundamental analysis module provides a way to measure Avid Bioservices' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avid Bioservices stock.
Avid | Shares Owned by Institutions |
Avid Bioservices Institutional Holders
Institutional Holdings refers to the ownership stake in Avid Bioservices that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Avid Bioservices' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Avid Bioservices' value.| 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 Fundamentals
| Return On Equity | -0.0628 | ||||
| Return On Asset | -0.0136 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.44) % | ||||
| Current Valuation | 569.37 M | ||||
| Shares Outstanding | 63.24 M | ||||
| Shares Owned By Insiders | 1.10 % | ||||
| Shares Owned By Institutions | 91.99 % | ||||
| Number Of Shares Shorted | 10.11 M | ||||
| Price To Earning | 10.76 X | ||||
| Price To Book | 2.32 X | ||||
| Price To Sales | 3.02 X | ||||
| Revenue | 149.27 M | ||||
| Gross Profit | 31.48 M | ||||
| EBITDA | 4.6 M | ||||
| Net Income | 560 K | ||||
| Cash And Equivalents | 115.14 M | ||||
| Cash Per Share | 1.85 X | ||||
| Total Debt | 189.23 M | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 1.93 X | ||||
| Book Value Per Share | 2.90 X | ||||
| Cash Flow From Operations | (12.89 M) | ||||
| Short Ratio | 4.93 X | ||||
| Earnings Per Share | (0.18) X | ||||
| Price To Earnings To Growth | 16.30 X | ||||
| Target Price | 12.25 | ||||
| Number Of Employees | 365 | ||||
| Beta | 1.62 | ||||
| Market Capitalization | 404.1 M | ||||
| Total Asset | 451.05 M | ||||
| Retained Earnings | (430.82 M) | ||||
| Working Capital | 38.74 M | ||||
| Current Asset | 25.65 M | ||||
| Current Liabilities | 10.9 M | ||||
| Net Asset | 451.05 M |
About Avid Bioservices Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avid Bioservices's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avid Bioservices using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avid Bioservices based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avid Bioservices in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avid Bioservices' short interest history, or implied volatility extrapolated from Avid Bioservices options trading.
Pair Trading with Avid Bioservices
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avid Bioservices position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avid Bioservices will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Avid Bioservices could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avid Bioservices when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avid Bioservices - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avid Bioservices to buy it.
The correlation of Avid Bioservices is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avid Bioservices moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avid Bioservices moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avid Bioservices can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Avid Bioservices Piotroski F Score and Avid Bioservices Altman Z Score analysis. To learn how to invest in Avid Stock, please use our How to Invest in Avid Bioservices guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.