Avid Technology, Inc. (AVID)
Stock Price Chart
Key Info
| Market Cap | 410.96M |
| Revenue (ttm) | 375.50M |
| Net Income (ttm) | 14.53M |
| Shares Out | 43.95M |
| EPS (ttm) | 0.33 |
| PE Ratio | 28.33 |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
Stock Quote
| Trading Day | Oct 23, 2020 |
| Last Price | $9.35 |
| Previous Close | $8.90 |
| Change ($) | 0.45 |
| Change (%) | 5.06% |
| Day's Open | 8.92 |
| Day's Range | 8.90 - 9.43 |
| Day's Volume | 1,355,458 |
| 52-Week Range | 4.67 - 9.66 |
More Stats
| Market Cap | 410.96M |
| Enterprise Value | 612.90M |
| Earnings Date (est) | Oct 28, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 43.95M |
| Float | 40.00M |
| EPS (basic) | 0.33 |
| EPS (diluted) | 0.33 |
| FCF / Share | 0.00 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Earnings Yield | 3.53% |
| FCF Yield | 0.01% |
| Payout Ratio | n/a |
| Shares Short | 2.95M |
| Short Ratio | 7.39 |
| Short % of Float | 7.36% |
| Beta | 1.12 |
| PE Ratio | 28.33 |
| Forward PE | n/a |
| P/FCF Ratio | 9,132.48 |
| PS Ratio | 1.09 |
| PB Ratio | n/a |
| Revenue | 375.50M |
| Operating Income | 31.73M |
| Net Income | 14.53M |
| Free Cash Flow | 45,000 |
| Net Cash | -201.93M |
| Net Cash / Share | -4.59 |
| Gross Margin | 67.33% |
| Operating Margin | 8.45% |
| Profit Margin | 3.90% |
| FCF Margin | 0.01% |
| ROA | 7.39% |
| ROE | n/a |
| ROIC | 11.00% |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 412 | 413 | 419 | 512 | 506 | 530 | 563 | 636 | 767 | 679 |
| Revenue Growth | -0.36% | -1.37% | -18.15% | 1.25% | -4.65% | -5.89% | -11.37% | -17.11% | 13.02% | - |
| Gross Profit | 249 | 239 | 242 | 333 | 308 | 326 | 340 | 387 | 505 | 351 |
| Operating Income | 32.10 | 13.68 | 5.25 | 64.02 | 6.97 | 19.70 | 24.77 | 53.18 | 165 | -36.17 |
| Net Income | 7.60 | -10.67 | -13.56 | 48.22 | 2.48 | 14.73 | 21.15 | 92.89 | 226 | -36.95 |
| Shares Outstanding | 42.65 | 41.66 | 41.02 | 40.02 | 39.42 | 39.15 | 39.04 | 38.80 | 38.44 | 37.90 |
| Earnings Per Share | 0.17 | -0.26 | -0.33 | 1.20 | 0.06 | 0.38 | 0.54 | 2.39 | 5.87 | -0.98 |
| EPS Growth | - | - | - | 1900% | -84.21% | -29.63% | -77.41% | -59.28% | - | - |
| Operating Cash Flow | 19.64 | 15.82 | 8.94 | -49.20 | -34.03 | -9.90 | -9.15 | 34.71 | 2.97 | -12.67 |
| Capital Expenditures | -7.19 | -9.94 | -7.88 | -11.00 | -15.33 | -13.29 | -11.50 | -9.70 | -12.04 | -28.89 |
| Free Cash Flow | 12.46 | 5.89 | 1.06 | -60.20 | -49.36 | -23.19 | -20.65 | 25.01 | -9.07 | -41.56 |
| Cash & Equivalents | 70.75 | 64.60 | 57.22 | 44.95 | 17.90 | 25.06 | 48.20 | 70.39 | 32.86 | 42.78 |
| Total Debt | 258 | 222 | 210 | 194 | 101 | - | - | - | - | - |
| Net Cash / Debt | -187 | -157 | -153 | -149 | -83.05 | 25.06 | 48.20 | 70.39 | 32.86 | 42.78 |
| Assets | 304 | 266 | 235 | 250 | 248 | 192 | 235 | 294 | 602 | 627 |
| Liabilities | 459 | 433 | 503 | 519 | 577 | 533 | 594 | 680 | 192 | 200 |
| Book Value | -155 | -167 | -269 | -270 | -330 | -341 | -359 | -386 | 410 | 427 |
Company Profile
Company Details
| Full Name | Avid Technology, Inc. |
| Country | United States |
| Employees | 1,429 |
| CEO | Jeff Rosica |
Stock Information
| Ticker Symbol | AVID |
| Stock Exchange | NASDAQ |
| Sector | Communication Services |
| Industry | Electronic Gaming & Multimedia |
| Unique Identifier | NASDAQ: AVID |
| IPO Date | March 11, 1993 |
Description
Avid Technology develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; 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; S6 line of complementary control surfaces and consoles; S1 and S4 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 service contracts and support plans; 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. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts.