A share price of AvidXchange Holdings Inc [AVDX] is currently trading at $8.25, up 4.17%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AVDX shares have gain 17.35% over the last week, with a monthly amount drifted -17.83%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
AvidXchange Holdings Inc [NASDAQ: AVDX] stock has seen the most recent analyst activity on March 04, 2025, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $8 from $13. Previously, KeyBanc Capital Markets downgraded its rating to Sector Weight on February 27, 2025. Compass Point upgraded its rating to a Buy and increased its price target to $15 on November 07, 2024. Compass Point initiated its recommendation with a Neutral and recommended $8 as its price target on September 04, 2024. JP Morgan downgraded its rating to Neutral for this stock on August 20, 2024, and downed its price target to $9. In a note dated August 01, 2024, UBS downgraded an Neutral rating on this stock and revised its target price from $15 to $10.
AvidXchange Holdings Inc experienced fluctuations in its stock price throughout the past year between $6.61 and $13.49. Currently, Wall Street analysts expect the stock to reach $12.33 within the next 12 months. AvidXchange Holdings Inc [NASDAQ: AVDX] shares were valued at $8.25 at the most recent close of the market. An investor can expect a potential return of 49.45% based on the average AVDX price forecast.
Analyzing the AVDX fundamentals
Trailing Twelve Months sales for AvidXchange Holdings Inc [NASDAQ:AVDX] were 438.94M which represents 10.93% growth. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.97 points at the first support level, and at 7.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.45, and for the 2nd resistance point, it is at 8.65.
Ratios To Look Out For
To put it in perspective, the Current Ratio for AvidXchange Holdings Inc [NASDAQ:AVDX] is 1.29. As well, the Quick Ratio is 1.29, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 3.84, the price to book ratio is 2.51 and price to earnings (TTM) ratio is 211.54.
Transactions by insiders
Recent insider trading involved Michael Praeger, Officer, that happened on Mar 14 ’25 when 0.12 million shares were purchased., Wilhite Joel completed a deal on Feb 28 ’25 to sell 32203.0 shares. Meanwhile, Stahl Ryan sold 18916.0 shares on Feb 28 ’25.
