Search
Search your stock
Analysis
AvidXchange Holdings, Inc. (AVDX)
AvidXchange Holdings, Inc. (AVDX)
Ranking:
Buy
Implies positive momentum
Stock Name: AvidXchange Holdings, Inc.
Symbol: AVDX
Market Cap: $2.18B
Industry: Software - Infrastructure
Sector: Technology
Website: https://www.avidxchange.com
About AvidXchange Holdings, Inc.

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions Please visit their website for more information.

Overview:
Last Close: $10.48
52 Week: $7.44-$13.29
MVA50: 8.64
MVA200: 9.74
RSI: 79.81
Buy/Sell*: 79.97
1-Month change: 24.81%
3-Month change: -17.84%
*Proprietary Buy Sell Volume Indicator
Price Chart For AVDX
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $112.77B
Revenue Growth (YOY): 114180.50%
Profit (% of Rev): 73.02%
Income (% of Rev): 3.59%
Income Growth (YOY): -50118.54%
Operating Income: $1.25B
Operating Cash Flow: $43.46B
Operating Cash Flow Growth (YoY): 768477.75%
Annual Dividend Yield: 0.00%
Total Assets: $2.01T
Total Liabilities: $1.33T
Cash & Equivalent: $315.32B
Total Debt: $80.88B
Debt/Equity: 0.12
Quick Ratio: 1.32
Current Ratio: 1.32
Price/Book: 0.00
Price/Earnings: 0.10
EBITDA: $10.96B
EPS: 19.53
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Buy.

TheoryofStocks is not registered as an investment advisor with any regulatory authority. The information provided on this Website is for educational purposes only and should not be construed as financial or investment advice. By continuing to use this site, you are agreeing to the Terms of Use and Privacy Policy. Please read our Disclaimer.

Contact @ support@theoryofstocks.com

© 2024 Stock Articles. All rights reserved.

This site uses cookies to ensure the best experience. By continuing to use this site, you agree to their use.

Click here for Cookie Policy