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NASDAQ:AVID

Avid Technology (AVID) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$27.04
$27.04
50-Day Range
$26.84
$27.04
52-Week Range
$19.78
$33.41
Volume
N/A
Average Volume
483,812 shs
Market Capitalization
$1.19 billion
P/E Ratio
37.04
Dividend Yield
N/A
Price Target
$27.03

Avid Technology MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.1% Downside
$27.03 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
0.32mentions of Avid Technology in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
44.76%
From $1.05 to $1.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.27 out of 5 stars

Computer And Technology Sector

520th out of 612 stocks

Prepackaged Software Industry

176th out of 202 stocks

AVID stock logo

About Avid Technology Stock (NASDAQ:AVID)

Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution in the United States and internationally. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio production process; Sibelius solution to create, edit, and publish musical scores; S1 and dock line audio control surface; S4 and S6 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various maintenance contracts and support services; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, 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. Avid Technology, Inc. was incorporated in 1987 and is headquartered in Burlington, Massachusetts.

AVID Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
11/09/2021
Today
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:AVID
CUSIP
05367P10
Employees
1,485
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$27.03
High Stock Price Target
$27.05
Low Stock Price Target
$27.00
Potential Upside/Downside
-0.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$55.24 million
Pretax Margin
4.87%

Debt

Sales & Book Value

Annual Sales
$417.41 million
Cash Flow
$1.26 per share
Book Value
($2.72) per share

Miscellaneous

Free Float
40,955,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.13

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Key Executives


AVID Stock Analysis - Frequently Asked Questions

How were Avid Technology's earnings last quarter?

Avid Technology, Inc. (NASDAQ:AVID) posted its quarterly earnings results on Tuesday, November, 9th. The technology company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. The technology company earned $101.64 million during the quarter, compared to the consensus estimate of $96.98 million. Avid Technology had a negative trailing twelve-month return on equity of 27.20% and a net margin of 7.59%.

Does Avid Technology have any subsidiaries?

Avid Technology subsidiaries include Orad Hi-Tech Systems, Rocket Network, Euphonix, Blue Order Solutions, Maximum Throughput, Sibelius, Sundance Digital, and others.

What other stocks do shareholders of Avid Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Avid Technology investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), OPKO Health (OPK), QUALCOMM (QCOM), Block (SQ), Boeing (BA) and Marvell Technology (MRVL).

This page (NASDAQ:AVID) was last updated on 7/27/2024 by MarketBeat.com Staff

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