NASDAQ:AVID - Avid Technology Stock Price, News, & Analysis

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$6.22 +0.16 (+2.64 %)
(As of 12/11/2018 09:26 AM ET)
Previous Close$6.06
Today's Range$6.01 - $6.29
52-Week Range$4.26 - $6.99
Volume264,012 shs
Average Volume226,219 shs
Market Capitalization$253.63 million
P/E Ratio15.55
Dividend YieldN/A
Beta1.75
Avid 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 incorporated 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
Current SymbolNASDAQ:AVID
Previous Symbol
CUSIP05367P10
Phone978-640-6789

Debt

Debt-to-Equity RatioN/A
Current Ratio1.03
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio15.55
Forward P/E Ratio-155.50
P/E GrowthN/A

Sales & Book Value

Annual Sales$419 million
Price / Sales0.62
Cash Flow$0.9673 per share
Price / Cash Flow6.43
Book Value($6.52) per share
Price / Book-0.95

Profitability

EPS (Most Recent Fiscal Year)$0.40
Net Income$-13,550,000.00
Net Margins-4.28%
Return on Equity-1.55%
Return on Assets1.24%

Miscellaneous

Employees1,458
Outstanding Shares41,850,000
Market Cap$253.63 million
OptionableOptionable

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 quarterly earnings data on Wednesday, November, 7th. The technology company reported $0.11 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.10 by $0.01. The technology company had revenue of $104.05 million for the quarter, compared to the consensus estimate of $104.96 million. Avid Technology had a negative return on equity of 1.55% and a negative net margin of 4.28%. 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, March 21st 2019. View Earnings Estimates for Avid Technology.

What price target have analysts set for AVID?

2 Wall Street analysts have issued twelve-month target prices for Avid Technology's shares. Their forecasts range from $5.00 to $6.00. On average, they expect Avid Technology's stock price to reach $5.50 in the next twelve months. This suggests that the stock has a possible downside of 11.6%. View Analyst Price Targets for Avid Technology.

What is the consensus analysts' recommendation for Avid Technology?

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

Has Avid Technology been receiving favorable news coverage?

Headlines about AVID stock have trended somewhat positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Avid Technology earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

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)

Who are Avid Technology's major shareholders?

Avid Technology's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.46%), BlackRock Inc. (4.64%), Dimensional Fund Advisors LP (4.51%), Royce & Associates LP (3.60%), Private Capital Management LLC (2.98%) and Russell Investments Group Ltd. (1.70%). Company insiders that own Avid Technology stock include Louis Hernandez, Jr, Peter Ennis, 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 Engine Capital Management LP, AQR Capital Management LLC, Alambic Investment Management L.P., Vanguard Group Inc., BlackRock Inc., Russell Investments Group Ltd., Private Capital Management LLC and TIAA CREF Investment Management LLC. 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, JPMorgan Chase & Co., Engineers Gate Manager LP and Dimensional Fund Advisors LP. 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 $6.22.

How big of a company is Avid Technology?

Avid Technology has a market capitalization of $253.63 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.

What is Avid Technology's official website?

The official website for Avid Technology is http://www.avid.com.

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:  183 (Vote Outperform)
Underperform Votes:  227 (Vote Underperform)
Total Votes:  410
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 12/11/2018 by MarketBeat.com Staff

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