Avidxchange Holdings Stock Today

AVDX Stock  USD 9.15  0.03  0.33%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
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Low
AvidXchange Holdings is trading at 9.15 as of the 25th of February 2025; that is 0.33 percent increase since the beginning of the trading day. The stock's open price was 9.12. AvidXchange Holdings has less than a 13 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of November 2024 and ending today, the 25th of February 2025. Click here to learn more.
Business Domain
Software & Services
IPO Date
13th of October 2021
Category
Technology
Classification
Information Technology
AvidXchange Holdings, Inc. provides accounts payable automation software and payment solutions for middle market businesses and their suppliers in North America. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina. Avidxchange Holdings operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 205.73 M outstanding shares of which 4.18 M shares are presently shorted by private and institutional investors with about 2.6 trading days to cover. More on AvidXchange Holdings

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

AvidXchange Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentDaniel Drees
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.20.18
Moderately Up
Slightly volatile
Gross Profit Margin0.480.61
Significantly Down
Slightly volatile
Total Current LiabilitiesB1.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total141.7 M139 M
Fairly Up
Pretty Stable
Total Assets1.8 B2.9 B
Way Down
Slightly volatile
Total Current Assets2.5 B2.4 B
Sufficiently Up
Slightly volatile
Debt Levels
AvidXchange Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AvidXchange Holdings' financial leverage. It provides some insight into what part of AvidXchange Holdings' total assets is financed by creditors.
Liquidity
AvidXchange Holdings currently holds 143.72 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. AvidXchange Holdings has a current ratio of 1.41, which is within standard range for the sector. Note, when we think about AvidXchange Holdings' use of debt, we should always consider it together with its cash and equity.

Total Cash From Financing Activities

288.79 Million
AvidXchange Holdings (AVDX) is traded on NASDAQ Exchange in USA. It is located in 1210 AvidXchange Lane, Charlotte, NC, United States, 28206 and employs 1,600 people. AvidXchange Holdings is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.88 B. AvidXchange Holdings conducts business under Software sector and is part of Information Technology industry. The entity has 205.73 M outstanding shares of which 4.18 M shares are presently shorted by private and institutional investors with about 2.6 trading days to cover. AvidXchange Holdings currently holds about 511.06 M in cash with 8.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.58.
Check AvidXchange Holdings Probability Of Bankruptcy
Ownership Allocation
AvidXchange Holdings holds a total of 205.73 Million outstanding shares. The majority of AvidXchange Holdings outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in AvidXchange Holdings to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in AvidXchange Holdings. Please pay attention to any change in the institutional holdings of AvidXchange Holdings as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check AvidXchange Ownership Details

AvidXchange Stock Institutional Holders

InstituionRecorded OnShares
Bain Capital Venture Investors, Llc2024-12-31
3.5 M
Jacobs Levy Equity Management, Inc.2024-12-31
3.4 M
Tremblant Capital Group2024-12-31
3.2 M
Biltmore Family Office, Llc2024-09-30
3.1 M
Bank Of New York Mellon Corp2024-12-31
M
Par Capital Management Inc2024-12-31
M
Sapphire Ventures (gpe) I, L.l.c.2024-12-31
2.9 M
Foundry Group Next, Llc2024-12-31
2.5 M
Hhg Plc2024-12-31
2.2 M
Vanguard Group Inc2024-12-31
18.1 M
Fmr Inc2024-12-31
14.9 M
View AvidXchange Holdings Diagnostics

AvidXchange Holdings Historical Income Statement

At this time, AvidXchange Holdings' Tax Provision is fairly stable compared to the past year. Net Interest Income is likely to rise to about 4.2 M in 2025, whereas Interest Expense is likely to drop slightly above 11.2 M in 2025. View More Fundamentals

AvidXchange Stock Against Markets

AvidXchange Holdings Corporate Management

Ryan JDGeneral VPProfile
Todd CunninghamChief VPProfile
Michael PraegerChairman, CoFounderProfile
Subhaash KumarHead RelationsProfile
Jess AntleVice CommunicationsProfile
Angelic GibsonChief VPProfile

Already Invested in AvidXchange Holdings?

The danger of trading AvidXchange Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AvidXchange Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AvidXchange Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AvidXchange Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for AvidXchange Stock Analysis

When running AvidXchange Holdings' price analysis, check to measure AvidXchange Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AvidXchange Holdings is operating at the current time. Most of AvidXchange Holdings' value examination focuses on studying past and present price action to predict the probability of AvidXchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvidXchange Holdings' price. Additionally, you may evaluate how the addition of AvidXchange Holdings to your portfolios can decrease your overall portfolio volatility.