S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

AvidXchange (AVDX) Competitors

$11.45
-0.07 (-0.61%)
(As of 04/19/2024 ET)

AVDX vs. ALKT, INTA, PRGS, AI, APPN, PD, RPD, SWI, SEMR, and SPNS

Should you be buying AvidXchange stock or one of its competitors? The main competitors of AvidXchange include Alkami Technology (ALKT), Intapp (INTA), Progress Software (PRGS), C3.ai (AI), Appian (APPN), PagerDuty (PD), Rapid7 (RPD), SolarWinds (SWI), Semrush (SEMR), and Sapiens International (SPNS). These companies are all part of the "prepackaged software" industry.

AvidXchange vs.

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

AvidXchange currently has a consensus price target of $13.07, suggesting a potential upside of 14.62%. Alkami Technology has a consensus price target of $26.10, suggesting a potential upside of 9.21%. Given AvidXchange's higher possible upside, research analysts plainly believe AvidXchange is more favorable than Alkami Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AvidXchange
1 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.36
Alkami Technology
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.73

AvidXchange has a net margin of -12.43% compared to Alkami Technology's net margin of -23.76%. AvidXchange's return on equity of -3.84% beat Alkami Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
AvidXchange-12.43% -3.84% -1.16%
Alkami Technology -23.76%-17.00%-12.00%

Alkami Technology received 5 more outperform votes than AvidXchange when rated by MarketBeat users. Likewise, 62.12% of users gave Alkami Technology an outperform vote while only 45.00% of users gave AvidXchange an outperform vote.

CompanyUnderperformOutperform
AvidXchangeOutperform Votes
36
45.00%
Underperform Votes
44
55.00%
Alkami TechnologyOutperform Votes
41
62.12%
Underperform Votes
25
37.88%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AvidXchange$380.72M6.15-$47.33M-$0.23-49.82
Alkami Technology$264.83M8.77-$62.91M-$0.66-36.08

AvidXchange has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500. Comparatively, Alkami Technology has a beta of 0.4, indicating that its stock price is 60% less volatile than the S&P 500.

In the previous week, AvidXchange had 2 more articles in the media than Alkami Technology. MarketBeat recorded 10 mentions for AvidXchange and 8 mentions for Alkami Technology. Alkami Technology's average media sentiment score of 0.56 beat AvidXchange's score of 0.10 indicating that Alkami Technology is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
AvidXchange
1 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Alkami Technology
3 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

80.6% of AvidXchange shares are held by institutional investors. Comparatively, 55.0% of Alkami Technology shares are held by institutional investors. 10.3% of AvidXchange shares are held by company insiders. Comparatively, 38.0% of Alkami Technology shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

AvidXchange beats Alkami Technology on 10 of the 18 factors compared between the two stocks.

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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$2.34B$20.96B$18.71B$7.30B
Dividend YieldN/A2.19%2.75%4.01%
P/E Ratio-49.82102.62238.9715.71
Price / Sales6.158.67528.7388.61
Price / Cash926.0762.3927.6034.82
Price / Book3.559.266.254.13
Net Income-$47.33M$372.83M$630.70M$214.16M
7 Day Performance-1.55%-3.91%-3.36%-3.74%
1 Month Performance-11.23%-6.43%-4.46%-4.21%
1 Year Performance46.17%7.67%13.27%3.02%

AvidXchange Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALKT
Alkami Technology
2.0485 of 5 stars
$23.84
+1.2%
$26.10
+9.5%
+91.4%$2.32B$264.83M-36.12917News Coverage
INTA
Intapp
3.8109 of 5 stars
$31.33
+0.8%
$49.22
+57.1%
-33.3%$2.29B$350.87M-39.161,150News Coverage
PRGS
Progress Software
4.4682 of 5 stars
$50.72
+1.3%
$64.60
+27.4%
-13.3%$2.23B$694.44M32.942,284
AI
C3.ai
2.8127 of 5 stars
$20.50
-1.6%
$29.91
+45.9%
-8.3%$2.50B$266.80M-8.80914
APPN
Appian
4.2465 of 5 stars
$36.52
-3.9%
$48.86
+33.8%
-14.4%$2.68B$545.36M-23.872,243Analyst Revision
PD
PagerDuty
3.9287 of 5 stars
$20.72
-1.1%
$27.25
+31.5%
-39.4%$1.92B$430.70M-23.551,182Positive News
RPD
Rapid7
2.9488 of 5 stars
$44.18
-3.4%
$56.20
+27.2%
-7.2%$2.74B$777.71M-17.602,228
SWI
SolarWinds
3.8273 of 5 stars
$10.58
-0.1%
$13.50
+27.6%
+28.1%$1.78B$758.74M-211.602,103Upcoming Earnings
SEMR
Semrush
2.8051 of 5 stars
$11.92
-1.0%
$13.50
+13.3%
+20.4%$1.72B$307.67M1,192.691,390
SPNS
Sapiens International
3.6304 of 5 stars
$30.77
-0.1%
$34.33
+11.6%
+45.3%$1.70B$514.58M27.475,000Positive News

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This page (NASDAQ:AVDX) was last updated on 4/19/2024 by MarketBeat.com Staff

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