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AvidXchange (AVDX) Competitors

$10.59
+0.14 (+1.34%)
(As of 05/31/2024 ET)

AVDX vs. DUOL, INFA, PCTY, CDAY, APPF, DAY, DSGX, GTLB, DBX, and ALTR

Should you be buying AvidXchange stock or one of its competitors? The main competitors of AvidXchange include Duolingo (DUOL), Informatica (INFA), Paylocity (PCTY), Ceridian HCM (CDAY), AppFolio (APPF), Dayforce (DAY), The Descartes Systems Group (DSGX), GitLab (GTLB), Dropbox (DBX), and Altair Engineering (ALTR). These companies are all part of the "prepackaged software" industry.

AvidXchange vs.

Duolingo (NASDAQ:DUOL) and AvidXchange (NASDAQ:AVDX) are both mid-cap business services companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, community ranking, earnings, risk, institutional ownership, profitability and dividends.

AvidXchange received 3 more outperform votes than Duolingo when rated by MarketBeat users. Likewise, 45.68% of users gave AvidXchange an outperform vote while only 41.98% of users gave Duolingo an outperform vote.

CompanyUnderperformOutperform
DuolingoOutperform Votes
34
41.98%
Underperform Votes
47
58.02%
AvidXchangeOutperform Votes
37
45.68%
Underperform Votes
44
54.32%

91.6% of Duolingo shares are owned by institutional investors. Comparatively, 80.6% of AvidXchange shares are owned by institutional investors. 18.3% of Duolingo shares are owned by company insiders. Comparatively, 10.3% of AvidXchange shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Duolingo has a net margin of 7.82% compared to Duolingo's net margin of -8.10%. AvidXchange's return on equity of 7.08% beat Duolingo's return on equity.

Company Net Margins Return on Equity Return on Assets
Duolingo7.82% 7.08% 4.89%
AvidXchange -8.10%-1.75%-0.52%

Duolingo has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500. Comparatively, AvidXchange has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500.

Duolingo presently has a consensus price target of $246.33, indicating a potential upside of 28.70%. AvidXchange has a consensus price target of $13.14, indicating a potential upside of 24.11%. Given AvidXchange's stronger consensus rating and higher probable upside, research analysts plainly believe Duolingo is more favorable than AvidXchange.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Duolingo
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.45
AvidXchange
1 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36

In the previous week, Duolingo had 17 more articles in the media than AvidXchange. MarketBeat recorded 24 mentions for Duolingo and 7 mentions for AvidXchange. AvidXchange's average media sentiment score of 0.71 beat Duolingo's score of 0.68 indicating that Duolingo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Duolingo
12 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
AvidXchange
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Duolingo has higher revenue and earnings than AvidXchange. AvidXchange is trading at a lower price-to-earnings ratio than Duolingo, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Duolingo$531.11M15.54$16.07M$0.97197.32
AvidXchange$380.72M5.75-$47.33M-$0.15-70.60

Summary

Duolingo beats AvidXchange on 15 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AVDX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AVDX vs. The Competition

MetricAvidXchangePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$2.19B$21.00B$21.09B$7.97B
Dividend YieldN/A2.20%2.69%4.00%
P/E Ratio-70.6055.40216.3515.45
Price / Sales5.758.12538.3493.38
Price / Cash851.8867.8430.2231.51
Price / Book3.278.746.414.59
Net Income-$47.33M$366.04M$626.21M$213.90M
7 Day Performance-1.85%-3.21%-0.68%0.87%
1 Month Performance-10.93%-3.26%2.84%3.60%
1 Year Performance-0.09%4.86%27.60%7.91%

AvidXchange Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DUOL
Duolingo
4.2289 of 5 stars
$194.67
-0.7%
$246.33
+26.5%
+28.0%$8.39B$531.11M200.69720Analyst Upgrade
Short Interest ↓
INFA
Informatica
3.3068 of 5 stars
$28.29
-3.4%
$35.45
+25.3%
+63.2%$8.35B$1.60B-1,414.505,000Short Interest ↓
PCTY
Paylocity
4.9407 of 5 stars
$147.34
-0.8%
$196.40
+33.3%
-17.7%$8.31B$1.17B42.836,100Positive News
CDAY
Ceridian HCM
2.7253 of 5 stars
$53.14
-1.9%
$76.80
+44.5%
-20.0%$8.30B$1.45B1,771.928,526News Coverage
Positive News
APPF
AppFolio
3.0495 of 5 stars
$228.50
-0.9%
$241.00
+5.5%
+59.5%$8.27B$620.45M110.391,504Short Interest ↓
Positive News
DAY
Dayforce
3.0776 of 5 stars
$51.48
-3.1%
$72.50
+40.8%
N/A$8.13B$1.57B156.009,084Short Interest ↑
DSGX
The Descartes Systems Group
3.8667 of 5 stars
$92.48
-5.2%
$99.30
+7.4%
+19.4%$7.88B$572.90M69.012,175Earnings Report
Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage
GTLB
GitLab
3.9284 of 5 stars
$49.68
-6.5%
$70.50
+41.9%
+27.7%$7.88B$579.91M-18.072,130Upcoming Earnings
DBX
Dropbox
4.295 of 5 stars
$22.53
-2.8%
$29.78
+32.2%
-2.1%$7.44B$2.50B14.922,693Insider Selling
ALTR
Altair Engineering
2.8203 of 5 stars
$89.10
-0.6%
$94.60
+6.2%
+19.1%$7.40B$612.70M990.003,200Positive News

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This page (NASDAQ:AVDX) was last updated on 6/1/2024 by MarketBeat.com Staff

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