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NASDAQ:AVDRAvedro Stock Price, Forecast & News

$22.99
0.00 (0.00 %)
(As of 11/21/2019)
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Today's Range
$22.99
Now: $22.99
$22.99
50-Day Range
$22.99
MA: $22.99
$22.99
52-Week Range
$10.75
Now: $22.99
$27.51
VolumeN/A
Average Volume89,666 shs
Market Capitalization$402.78 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Avedro, Inc., an ophthalmic pharmaceutical and medical device company, develops and commercializes products to treat ophthalmic disorders and conditions, primarily associated with corneal weakness. The company's Avedro Corneal Remodeling platform comprises KXL and Mosaic systems, which deliver ultraviolet A or UVA light, and a suite of single-use riboflavin drug formulations. Its Avedro Corneal Remodeling platform treats corneal ectatic disorders and corrects refractive conditions; and KXL system in combination with Photrexa drug formulations used for the treatment of progressive keratoconus and corneal ectasia following refractive surgery. Avedro sells its products through a direct sales force in the United States and through medical device distributors internationally. The company was formerly known as ThermalVision, Inc. and changed its name to Avedro, Inc. in October 2005. Avedro, Inc. was incorporated in 2002 and is headquartered in Waltham, Massachusetts.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.99 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:AVDR
CUSIPN/A
CIKN/A
Phone781-768-3400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$27.67 million
Book Value$2.52 per share

Profitability

Net Income$-25,120,000.00

Miscellaneous

Employees122
Market Cap$402.78 million
Next Earnings DateN/A
OptionableNot Optionable

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Avedro (NASDAQ:AVDR) Frequently Asked Questions

How has Avedro's stock been impacted by COVID-19 (Coronavirus)?

Avedro's stock was trading at $22.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AVDR stock has increased by 0.0% and is now trading at $22.99. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Avedro?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avedro in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Avedro.

How were Avedro's earnings last quarter?

Avedro Inc (NASDAQ:AVDR) released its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.52) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.50) by $0.02. The firm had revenue of $11.05 million for the quarter, compared to analyst estimates of $9.96 million. Avedro had a negative return on equity of 162.76% and a negative net margin of 81.59%. View Avedro's earnings history.

What price target have analysts set for AVDR?

3 brokerages have issued twelve-month target prices for Avedro's stock. Their forecasts range from $22.00 to $27.00. On average, they anticipate Avedro's stock price to reach $25.00 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View analysts' price targets for Avedro.

Has Avedro been receiving favorable news coverage?

News headlines about AVDR stock have trended neutral recently, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Avedro earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Avedro.

Who are some of Avedro's key competitors?

What other stocks do shareholders of Avedro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Avedro investors own include Honeywell International (HON), Alibaba Group (BABA), Cisco Systems (CSCO), CVS Health (CVS), Home Depot (HD), Thermo Fisher Scientific (TMO), Procter & Gamble (PG), Resideo Technologies (REZI), CSX (CSX) and Garrett Motion (GTX).

Who are Avedro's key executives?

Avedro's management team includes the following people:
  • Dr. Reza Zadno, Pres, CEO & Director (Age 64)
  • Mr. Thomas E. Griffin, Chief Financial Officer (Age 56)
  • Dr. Rajesh K. Rajpal, Chief Medical Officer & Member of Advisory Board (Age 56)
  • Mr. James Schuermann, Chief Bus. Officer (Age 51)
  • Mr. Marc Friedman, Chief Scientific Officer

When did Avedro IPO?

(AVDR) raised $75 million in an initial public offering (IPO) on Thursday, February 14th 2019. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch and J.P. Morgan acted as the underwriters for the IPO and Cowen, Guggenheim Securities and SVB Leerink were co-managers.

What is Avedro's stock symbol?

Avedro trades on the NASDAQ under the ticker symbol "AVDR."

How do I buy shares of Avedro?

Shares of AVDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Avedro's stock price today?

One share of AVDR stock can currently be purchased for approximately $22.99.

How big of a company is Avedro?

Avedro has a market capitalization of $402.78 million and generates $27.67 million in revenue each year. The company earns $-25,120,000.00 in net income (profit) each year or ($17.97) on an earnings per share basis. Avedro employs 122 workers across the globe.

What is Avedro's official website?

The official website for Avedro is avedro.com.

How can I contact Avedro?

Avedro's mailing address is 201 JONES ROAD, WALTHAM MA, 02451. The company can be reached via phone at 781-768-3400 or via email at [email protected]

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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