Breaking Down AvidXchange Holdings: 11 Analysts Share Their Views
Analysts' ratings for AvidXchange Holdings (NASDAQ:AVDX) over the last quarter vary from bullish to bearish, as provided by 11 analysts.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 1 | 9 | 0 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 6 | 0 | 1 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $8.68, with a high estimate of $12.00 and a low estimate of $7.00. A decline of 20.07% from the prior average price target is evident in the current average.
Diving into Analyst Ratings: An In-Depth Exploration
A comprehensive examination of how financial experts perceive AvidXchange Holdings is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Sanjay Sakhrani | Keefe, Bruyette & Woods | Raises | Market Perform | $9.00 | $8.00 |
| Ramsey El-Assal | Barclays | Lowers | Equal-Weight | $8.00 | $13.00 |
| Clarke Jeffries | Piper Sandler | Lowers | Neutral | $8.00 | $10.00 |
| Andrew Bauch | Wells Fargo | Lowers | Equal-Weight | $8.00 | $10.00 |
| Will Nance | Goldman Sachs | Lowers | Sell | $7.00 | $9.50 |
| Rufus Hone | BMO Capital | Lowers | Market Perform | $7.50 | $11.00 |
| David Koning | Baird | Lowers | Outperform | $12.00 | $14.00 |
| James Faucette | Morgan Stanley | Lowers | Equal-Weight | $8.00 | $11.00 |
| Sanjay Sakhrani | Keefe, Bruyette & Woods | Lowers | Market Perform | $8.00 | $11.00 |
| Tien-Tsin Huang | JP Morgan | Lowers | Neutral | $9.00 | $10.00 |
| Sanjay Sakhrani | Keefe, Bruyette & Woods | Lowers | Market Perform | $11.00 | $12.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to AvidXchange Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of AvidXchange Holdings compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of AvidXchange Holdings's stock. This analysis reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of AvidXchange Holdings's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
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Get to Know AvidXchange Holdings Better
AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue. The company generates revenue in the United States.
AvidXchange Holdings's Economic Impact: An Analysis
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Positive Revenue Trend: Examining AvidXchange Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.93% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 4.05%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 0.69%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): AvidXchange Holdings's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.23%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: AvidXchange Holdings's debt-to-equity ratio is below the industry average at 0.11, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.