Avid Technology Company Profile (OTCMKTS:AVID)

About Avid Technology (OTCMKTS:AVID)

Avid Technology logoAvid Technology, Inc. is a provider of an open and integrated technology platform, along with applications and services that enable the creation, distribution and monetization of audio and video content. The Company develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution. The Company's products are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communication departments, and by independent video and audio creative professionals, as well as aspiring professionals and enthusiasts. Projects produced using its products include feature films, television programs, live events, news broadcasts, commercials, music, video and other digital media content.

Industry, Sector and Symbol:
  • Sector: Technology
  • Industry: Computer Peripherals
  • Sub-Industry: Computer Hardware
  • Symbol: OTCMKTS:AVID
  • CUSIP: 05367P10
  • Web: https://www.avid.com/
Capitalization:
  • Market Cap: $217.85 million
  • Outstanding Shares: 40,873,000
Average Prices:
  • 50 Day Moving Avg: $5.14
  • 200 Day Moving Avg: $5.17
  • 52 Week Range: $3.99 - $9.78
P/E:
  • Trailing P/E Ratio: 8.57
  • Foreward P/E Ratio: 22.21
  • P/E Growth: 1.03
Sales & Book Value:
  • Annual Revenue: $472.49 million
  • Price / Sales: 0.46
  • Book Value: ($6.58) per share
  • Price / Book: -0.81
Profitability:
  • EBIDTA: $66.79 million
  • Net Margins: -1.84%
  • Return on Assets: -3.07%
Misc:
  • Average Volume: 385,129 shs.
  • Short Ratio: 15.11
 

Frequently Asked Questions for Avid Technology (OTCMKTS:AVID)

What is Avid Technology's stock symbol?

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

How were Avid Technology's earnings last quarter?

Avid Technology, Inc. (OTCMKTS:AVID) issued its quarterly earnings data on Wednesday, May, 10th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.05 by $0.03. The firm had revenue of $104.10 million for the quarter, compared to analysts' expectations of $105.72 million. The company's revenue was down 27.5% on a year-over-year basis. During the same period last year, the business posted $0.76 earnings per share. View Avid Technology's Earnings History.

Where is Avid Technology's stock going? Where will Avid Technology's stock price be in 2017?

1 brokers have issued 12 month price targets for Avid Technology's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Avid Technology's stock price to reach $5.00 in the next year. 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:

  • Louis Hernandez Jr., Chairman of the Board, Chief Executive Officer
  • Jeff Rosica, President
  • Brian E. Agle, Chief Financial Officer, Senior Vice President
  • Jason A. Duva, Vice President, General Counsel, Corporate Secretary
  • Ilan Sidi, Vice President - Human Resources
  • Nancy Hawthorne, Lead Independent Director
  • Robert M. Bakish, Independent Director
  • Paula E. Boggs, Independent Director
  • Elizabeth M. Daley Ph.D., Independent Director
  • John H. Park, Independent Director

How do I buy Avid Technology stock?

Shares of Avid Technology can be purchased through any online brokerage account. Popular online brokerages 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 Technology stock can currently be purchased for approximately $5.33.


MarketBeat Community Rating for Avid Technology (OTCMKTS AVID)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  67 (Vote Outperform)
Underperform Votes:  100 (Vote Underperform)
Total Votes:  167
MarketBeat's community ratings are surveys of what our community members think about Avid Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Avid Technology (OTCMKTS:AVID) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $5.00

Analysts' Ratings History for Avid Technology (OTCMKTS:AVID)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017BWS FinancialDowngradeBuy -> HoldView Rating Details
12/9/2015Singular ResearchInitiated CoverageBuy$8.50View Rating Details
8/11/2015Dougherty & CoDowngradeBuy -> NeutralView Rating Details
(Data available from 7/21/2015 forward)

Earnings

Earnings History for Avid Technology (OTCMKTS:AVID)
Earnings by Quarter for Avid Technology (OTCMKTS:AVID)
Earnings History by Quarter for Avid Technology (OTCMKTS AVID)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 17$0.05$0.02$105.72 million$104.10 millionViewN/AView Earnings Details
3/15/2016Q415$0.36($0.11)$144.02 million$140.00 millionViewListenView Earnings Details
11/5/2015Q3 2015$0.49$0.41$127.23 million$137.44 millionViewN/AView Earnings Details
8/10/2015Q215$0.20$0.05$124.74 million$109.80 millionViewN/AView Earnings Details
3/16/2015Q414$0.22$0.06$141.67 million$128.20 millionViewN/AView Earnings Details
10/29/2012Q312($0.08)($0.08)$133.09 million$127.20 millionViewN/AView Earnings Details
7/30/2012($0.07)($0.11)ViewN/AView Earnings Details
4/26/2012($0.22)($0.24)ViewN/AView Earnings Details
2/7/2012$0.15$0.38ViewN/AView Earnings Details
10/27/2011$0.03$0.01ViewN/AView Earnings Details
7/21/2011$0.08$0.10ViewN/AView Earnings Details
4/21/2011$0.08($0.02)ViewN/AView Earnings Details
2/4/2011$0.08$0.37ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Avid Technology (OTCMKTS:AVID)
Current Year EPS Consensus Estimate: $0.35 EPS
Next Year EPS Consensus Estimate: $0.24 EPS

Dividends

Dividend History for Avid Technology (OTCMKTS:AVID)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Avid Technology (OTCMKTS:AVID)
Insider Trades by Quarter for Avid Technology (OTCMKTS:AVID)
Institutional Ownership by Quarter for Avid Technology (OTCMKTS:AVID)
Insider Trades by Quarter for Avid Technology (OTCMKTS:AVID)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/14/2017Louis Hernandez, Jr.CEOBuy136,653$4.99$681,898.47View SEC Filing  
6/13/2017Louis Hernandez, Jr.CEOBuy141,447$5.00$707,235.00View SEC Filing  
6/2/2017Ryan H. MurrayInsiderSell9,500$5.13$48,735.00View SEC Filing  
8/16/2016John W FrederickCFOSell457,506$9.09$4,158,729.54View SEC Filing  
6/2/2016Paula BoggsDirectorBuy16,500$6.15$101,475.00View SEC Filing  
5/17/2016Louis Hernandez JrCEOBuy69,000$5.97$411,930.00View SEC Filing  
5/16/2016Louis Hernandez JrCEOBuy100,000$5.80$580,000.00View SEC Filing  
5/10/2016Ilan SidiCFOBuy10,000$5.67$56,700.00View SEC Filing  
5/9/2016Louis Hernandez JrCEOBuy150,000$5.76$864,000.00View SEC Filing  
5/9/2016Ryan H MurrayInsiderBuy9,263$5.57$51,594.91View SEC Filing  
11/10/2015Robert M BakishDirectorBuy40,000$6.14$245,600.00View SEC Filing  
10/12/2015Aiv A L.P. Bcp IIIMajor ShareholderSell100,000$8.49$849,000.00View SEC Filing  
10/8/2015Aiv A L.P. Bcp IIIMajor ShareholderSell189,300$8.27$1,565,511.00View SEC Filing  
10/5/2015Aiv A L.P. Bcp IIIMajor ShareholderSell31,303$8.02$251,050.06View SEC Filing  
9/30/2015Aiv A L.P. Bcp IIIMajor ShareholderSell250,778$8.01$2,008,731.78View SEC Filing  
9/15/2015George H BillingsDirectorBuy10,000$8.70$87,000.00View SEC Filing  
8/25/2015Robert M BakishDirectorBuy100,000$7.99$799,000.00View SEC Filing  
8/13/2015John W FrederickCFOBuy10,000$9.70$97,000.00View SEC Filing  
8/13/2015Louis Hernandez JrCEOBuy20,000$9.42$188,400.00View SEC Filing  
6/3/2015George H BillingsDirectorBuy10,000$17.84$178,400.00View SEC Filing  
5/27/2015Robert M BakishDirectorBuy50,000$16.97$848,500.00View SEC Filing  
5/20/2015Robert M BakishDirectorBuy50,000$16.14$807,000.00View SEC Filing  
5/12/2015Robert M BakishDirectorBuy100,000$15.33$1,533,000.00View SEC Filing  
12/4/2014Robert M BakishDirectorBuy57,000$13.94$794,580.00View SEC Filing  
12/2/2014Robert M BakishDirectorBuy62,000$12.67$785,540.00View SEC Filing  
11/26/2014Robert M BakishDirectorBuy30,000$12.13$363,900.00View SEC Filing  
11/25/2014Robert M BakishDirectorBuy60,000$12.11$726,600.00View SEC Filing  
11/21/2014Robert M BakishDirectorBuy40,000$11.44$457,600.00View SEC Filing  
12/10/2012Robert M BakishDirectorBuy10,000$6.82$68,200.00View SEC Filing  
11/28/2012Robert M BakishDirectorBuy10,000$6.28$62,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Avid Technology (OTCMKTS:AVID)
Latest Headlines for Avid Technology (OTCMKTS:AVID)
Source:
DateHeadline
prnewswire.com logoRonin Trading and SW Investment Management Issue Letter to Employees of Peregrine Pharmaceuticals
www.prnewswire.com - July 21 at 3:43 AM
finance.yahoo.com logoAvid Technology Announces Conference Call to Discuss Second Quarter 2017 Financial Results
finance.yahoo.com - July 20 at 5:41 PM
finance.yahoo.com logoATV Teams up with Avid to Bolster Sports Graphics Workflow
finance.yahoo.com - July 20 at 5:41 PM
reuters.com logoBRIEF-Avid's patent infringement claims against Harmonic Inc set to go on trial
www.reuters.com - July 19 at 5:28 PM
nasdaq.com logoPeregrine Pharmaceuticals Reports Financial Results for Quarter and Fiscal Year Ended April 30, 201
www.nasdaq.com - July 14 at 6:05 PM
finance.yahoo.com logoMiami’s WPLG Turns to Avid for a Comprehensive Newsroom Upgrade
finance.yahoo.com - July 14 at 6:05 PM
seekingalpha.com logoCan Cryptocurrencies Cause PayPal A Serious Headache?
seekingalpha.com - July 11 at 10:18 PM
reuters.com logoBRIEF-Avid provides update on Jetsen Equity Investment commercial alliance underway following successful launch
www.reuters.com - June 30 at 9:20 PM
finance.yahoo.com logoAvid Customer Association Vote Influences Avid’s Future Innovations and Reveals Media Companies’ Investment and Technology Priorities
finance.yahoo.com - June 30 at 4:19 PM
finance.yahoo.com logoAvid Provides Update on Jetsen Equity Investment; Commercial Alliance Underway Following Successful Launch
finance.yahoo.com - June 30 at 4:19 PM
finance.yahoo.com logoCanada’s Global News Chooses Avid Graphics and Virtual Reality Solutions to Enrich its Storytelling
finance.yahoo.com - June 23 at 4:20 PM
businesswire.com logoHyperX Signs NBA Draft Prospect De'Aaron Fox as HyperX Gaming Headset Ambassador
www.businesswire.com - June 21 at 4:38 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) CEO Louis Hernandez, Jr. Buys 136,653 Shares
www.americanbankingnews.com - June 16 at 7:34 PM
finance.yahoo.com logoETFs with exposure to Avid Technology, Inc. : June 16, 2017
finance.yahoo.com - June 16 at 4:27 PM
americanbankingnews.com logoInsider Buying: Avid Technology, Inc. (AVID) CEO Purchases 141,447 Shares of Stock
www.americanbankingnews.com - June 14 at 10:34 PM
finance.yahoo.com logoAvid VENUE | S6L Powers Red Hot Chili Peppers World Tour
finance.yahoo.com - June 14 at 10:20 AM
finance.yahoo.com logoKTBS-TV Chooses Avid to Modernize Its News and Production Workflow
finance.yahoo.com - June 9 at 4:18 PM
americanbankingnews.com logoValuEngine Lowers Avid Technology, Inc. (AVID) to Hold
www.americanbankingnews.com - June 6 at 10:26 PM
americanbankingnews.com logoInsider Selling: Avid Technology, Inc. (AVID) Insider Sells 9,500 Shares of Stock
www.americanbankingnews.com - June 5 at 8:24 PM
finance.yahoo.com logoFinland’s Aalto Studios Expands with Avid to Give Students Access to Industry-leading Production Tools
finance.yahoo.com - June 2 at 5:01 PM
finance.yahoo.com logoETFs with exposure to Avid Technology, Inc. : June 2, 2017
finance.yahoo.com - June 2 at 5:01 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 29 at 8:26 PM
finance.yahoo.com logoAvid Showcases Groundbreaking Innovations at BroadcastAsia 2017
finance.yahoo.com - May 23 at 10:04 AM
finance.yahoo.com logoAvid VENUE | S6L Gains Momentum in Lebanon
finance.yahoo.com - May 22 at 9:52 AM
finance.yahoo.com logoETFs with exposure to Avid Technology, Inc. : May 18, 2017
finance.yahoo.com - May 18 at 3:42 PM
finance.yahoo.com logoIndustry Accolades for Avid Customers at BAFTA® Television Awards
finance.yahoo.com - May 18 at 12:01 PM
finance.yahoo.com logoAvid Technology, Inc. :AVID-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 12:11 PM
finance.yahoo.com logoEdited Transcript of AVID earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 16 at 12:25 PM
fool.com logoWhy Avid Technology, Inc. Stock Gained 20% in April
www.fool.com - May 11 at 8:01 PM
reuters.com logoBRIEF-Avid Technology sees Q2 revenue $93 mln - $103 mln
www.reuters.com - May 11 at 4:12 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) Releases Earnings Results
www.americanbankingnews.com - May 10 at 12:53 PM
seekingalpha.com logoAvid Technology, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 10 at 8:59 AM
finance.yahoo.com logoInvestor Network: Avid Technology, Inc. to Host Earnings Call
finance.yahoo.com - May 10 at 8:59 AM
finance.yahoo.com logoZacks.com featured highlights: Cott, Avid Technology, TheStreet and EZCORP
finance.yahoo.com - May 4 at 3:51 PM
americanbankingnews.com logoAvid Technology (AVID) Receiving Positive Press Coverage, Report Shows
www.americanbankingnews.com - May 2 at 12:20 PM
americanbankingnews.com logoAvid Technology, Inc. (AVID) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:14 AM
bizjournals.com logoAvid says its transformation is complete. Will investors agree?
www.bizjournals.com - April 30 at 2:21 AM
finance.yahoo.com logoCan The Uptrend Continue for Avid Technology (AVID)?
finance.yahoo.com - April 28 at 4:41 PM
finance.yahoo.com logoZacks.com featured highlights: Bunge, Avid Technology, Dana, Univar and Alon USA Energy
finance.yahoo.com - April 26 at 10:33 AM
finance.yahoo.com logoAvid Technology Announces Conference Call to Discuss First Quarter 2017 Financial Results
finance.yahoo.com - April 25 at 3:41 PM
finance.yahoo.com logoAvid Technology to Present at the Jefferies Technology Group Investor Conference
finance.yahoo.com - April 25 at 3:41 PM
finance.yahoo.com logoETFs with exposure to Avid Technology, Inc. : April 25, 2017
finance.yahoo.com - April 25 at 3:41 PM
americanbankingnews.com logoAvid Technology (AVID) Receives Daily Media Impact Score of 0.24
www.americanbankingnews.com - April 24 at 6:00 PM
finance.yahoo.com logoAvid NEXIS Now Delivers Unparalleled Performance, Scalability and Pro Tools Support
finance.yahoo.com - April 23 at 9:45 AM
finance.yahoo.com logoAvid Unveils Media Composer | First—A Free Version of the Industry- standard Video Editing System
finance.yahoo.com - April 23 at 9:45 AM
finance.yahoo.com logoAvid Artist | DNxIQ Unveiled for 4K Monitoring and Universal Mastering
finance.yahoo.com - April 23 at 9:45 AM
americanbankingnews.com logoAvid Technology (AVID) Receives Daily Coverage Optimism Rating of -0.08
www.americanbankingnews.com - April 21 at 11:37 AM
nasdaq.com logoWhat's in the Cards for Waters Corp. (WAT) in Q1 Earnings?
www.nasdaq.com - April 20 at 8:51 PM
finance.yahoo.com logoNew Book from Avid CEO Explores Media Industry Disruption
finance.yahoo.com - April 18 at 11:00 AM
americanbankingnews.com logoAvid Technology (AVID) Earns News Sentiment Score of 0.57
www.americanbankingnews.com - April 18 at 9:30 AM

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Chart

Avid Technology (AVID) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff