Ratings AvidXchange Holdings, Inc.

Equities

AVDX

US05368X1028

End-of-day quote Nasdaq Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
11.83 ^USD	-0.34%		+3.32%	-4.52%

Apr. 15	Goldman Sachs Downgrades AvidXchange Holdings to Sell From Neutral, Cuts Price Target to $11.50 From $13	MT
Apr. 12	Piper Sandler Adjusts AvidXchange Price Target to $12 From $14, Maintains Neutral Rating	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
Thanks to a sound financial situation, the firm has significant leeway for investment.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For several months, analysts have been revising their EPS estimates roughly upwards.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

The company's enterprise value to sales, at 4.49 times its current sales, is high.
The company appears highly valued given the size of its balance sheet.
The company is highly valued given the cash flows generated by its activity.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

Ratings chart - Surperformance

Sector: Business Support Services

	1st Jan change	Capi.	ESG Refinitiv
AVIDXCHANGE HOLDINGS, INC.	-4.52%	2.44B	-
FISERV, INC.	+17.35%	91.21B	B
PAYPAL HOLDINGS, INC.	+7.41%	69.43B	B
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GLOBAL PAYMENTS INC.	-1.91%	31.78B	C-
CORPAY, INC.	+7.50%	21.83B	C+
EDENRED SE	-16.97%	11.95B	A-
WISE PLC	-9.73%	10.07B	C
WEX INC.	+11.32%	9.07B	C+
NEXI S.P.A	-25.92%	7.68B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes