NASDAQ:AVID - Avid Technology Stock Price, News, Headlines & Rumors

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$5.36 +0.03 (+0.56 %)
(As of 08/16/2018 04:00 PM ET)
Previous Close$5.33
Today's Range$5.30 - $5.53
52-Week Range$3.99 - $7.65
Volume100,100 shs
Average Volume217,349 shs
Market Capitalization$231.52 million
P/E Ratio13.40
Dividend YieldN/A
Beta2.01
Avid Technology logoAvid Technology, Inc. develops, markets, sells, and supports software, hardware, and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer product line that is used to edit film, television programming, news broadcasts, commercials, and other video content; Avid shared storage systems and Avid Interplay asset management solutions, which provide complete network, storage, and database solutions to enable users to simultaneously share and manage media assets throughout a project or organization. Its audio products and solutions include Pro Tools digital audio software and workstation solutions to facilitate the audio production process, including music and sound creation, recording, editing, signal processing, integrated surround mixing and mastering, and reference video playback; and a range of complementary control surfaces and consoles, including the System 5 and System 6 modular consoles, as well as the VENUE live-sound systems and Sibelius-branded notation software. The company also provides various professional services, such as workflow design and consulting; program and project management; system installation and commissioning; custom development and role-based product level training; public and private training to customers and alliance partners; and service contracts and support plans, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. It offers its products and solutions to customers in broadcast and media, video and audio post, and professional markets through a network of sales representatives, independent distributors, value-added resellers, dealers, retailers, and digital sales channels. The company was founded in 1987 and is headquartered in Burlington, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryComputer Hardware
SectorComputer and Technology
SymbolNASDAQ:AVID
CUSIP05367P10
Phone978-640-6789

Debt

Debt-to-Equity Ratio-1.30
Current Ratio1.02
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio13.40
Forward P/E Ratio107.20
P/E GrowthN/A

Sales & Book Value

Annual Sales$419 million
Price / Sales0.53
Cash Flow$0.9116 per share
Price / Cash5.88
Book Value($6.52) per share
Price / Book-0.82

Profitability

EPS (Most Recent Fiscal Year)$0.40
Net Income$-13,550,000.00
Net Margins-4.46%
Return on Equity-2.51%
Return on Assets-0.03%

Miscellaneous

Employees1,458
Outstanding Shares41,790,000
Market Cap$231.52 million

Avid Technology (NASDAQ:AVID) Frequently Asked Questions

What is Avid Technology's stock symbol?

Avid Technology trades on the NASDAQ under the ticker symbol "AVID."

How were Avid Technology's earnings last quarter?

Avid Technology, Inc. (NASDAQ:AVID) released its earnings results on Thursday, August, 9th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.08) by $0.02. The technology company had revenue of $98.62 million for the quarter, compared to analysts' expectations of $98.27 million. Avid Technology had a negative net margin of 4.46% and a negative return on equity of 2.51%. Avid Technology's revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.26) earnings per share. View Avid Technology's Earnings History.

When is Avid Technology's next earnings date?

Avid Technology is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Avid Technology.

What price target have analysts set for AVID?

1 brokerages have issued 1-year target prices for Avid Technology's stock. Their forecasts range from $4.50 to $4.50. On average, they anticipate Avid Technology's stock price to reach $4.50 in the next year. This suggests that the stock has a possible downside of 16.0%. View Analyst Price Targets for Avid Technology.

What is the consensus analysts' recommendation for Avid Technology?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avid Technology in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Avid Technology.

Who are some of Avid Technology's key competitors?

Who are Avid Technology's key executives?

Avid Technology's management team includes the folowing people:
  • Mr. Jeff Rosica, Pres, CEO & Director (Age 56)
  • Mr. Jason A. Duva, Chief Legal & Admin. Officer, Exec. VP and Corp. Sec. (Age 45)
  • Mr. Dana Ruzicka, Chief Product Officer & VP (Age 46)
  • Mr. Brian E. Agle, Former CFO & Sr. VP (Age 55)
  • Mr. Kenneth L. Gayron, Exec. VP & CFO (Age 48)

Has Avid Technology been receiving favorable news coverage?

News coverage about AVID stock has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Avid Technology earned a media and rumor sentiment score of 0.10 on Accern's scale. They also gave news stories about the technology company an impact score of 47.47 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Avid Technology.

Who are Avid Technology's major shareholders?

Avid Technology's stock is owned by many different of institutional and retail investors. Top institutional investors include Cove Street Capital LLC (15.23%), BlackRock Inc. (4.71%), Private Capital Management LLC (3.02%), Royce & Associates LP (2.75%), Engine Capital Management LP (0.88%) and Spark Investment Management LLC (0.58%). Company insiders that own Avid Technology stock include John W Frederick, Louis Hernandez, Jr, Robert M Bakish and Ryan H Murray. View Institutional Ownership Trends for Avid Technology.

Which major investors are selling Avid Technology stock?

AVID stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, GSA Capital Partners LLP, BlackRock Inc., California Public Employees Retirement System, Private Capital Management LLC, Oppenheimer Asset Management Inc. and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Avid Technology.

Which major investors are buying Avid Technology stock?

AVID stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Engine Capital Management LP, Cove Street Capital LLC, Spark Investment Management LLC, Gabelli Funds LLC, Paloma Partners Management Co and Bank of America Corp DE. Company insiders that have bought Avid Technology stock in the last two years include Louis Hernandez, Jr and Robert M Bakish. View Insider Buying and Selling for Avid Technology.

How do I buy shares of Avid Technology?

Shares of AVID 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, Scottrade, Fidelity and Charles Schwab.

What is Avid Technology's stock price today?

One share of AVID stock can currently be purchased for approximately $5.36.

How big of a company is Avid Technology?

Avid Technology has a market capitalization of $231.52 million and generates $419 million in revenue each year. The technology company earns $-13,550,000.00 in net income (profit) each year or $0.40 on an earnings per share basis. Avid Technology employs 1,458 workers across the globe.

How can I contact Avid Technology?

Avid Technology's mailing address is 75 NETWORK DRIVE, BURLINGTON MA, 01803. The technology company can be reached via phone at 978-640-6789 or via email at [email protected]


MarketBeat Community Rating for Avid Technology (NASDAQ AVID)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  158 (Vote Outperform)
Underperform Votes:  196 (Vote Underperform)
Total Votes:  354
MarketBeat's community ratings are surveys of what our community members think about Avid Technology and other stocks. Vote "Outperform" if you believe AVID will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVID will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/16/2018 by MarketBeat.com Staff

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