US stock · Communication Services sector · Electronic Gaming & Multimedia
A
Avid Technology, Inc.
AVID
NASDAQ29.00
USD
+0.31
(+1.08%)
Market Closed
23.78P/E
15Forward P/E
1.13P/E to S&P500
1.297BMarket CAP
- -Div Yield
Upcoming Earnings
2 May-8 May
Shares Short
2/28/23
1.94M
Short % of Float
5.67%
Short % of Shares Outs.
4.44%
% Held by Insiders
8.01%
% Held by Institutions
88.20%
Beta
1.23
PEG Ratio
1.18
52w. high/low
37.31/20.83
Avg. Daily Volume
0.22M
Return %
Stock
S&P 500
1 year
3.48
(9.05)
3 years
348.04
50.26
5 years
444.66
38.50
Scale: |
High
Low
29.91
9.68
15.48
8.40
18.83
11.04
23.35
5.76
12.64
5.85
8.93
5.20
14.67
4.80
18.10
5.77
9.78
3.99
7.65
3.99
6.99
4.26
10.79
4.37
16.01
4.67
40.48
14.22
37.31
20.83
32.89
24.91
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
22.69
22.50
16.87
17.91
17.64
16.38
14.43
13.55
12.82
12.79
10.21
9.92
9.66
8.23
9.35
9.37
Earnings per share
(0.19)
(5.28)
(1.83)
(0.98)
(0.62)
2.39
0.54
0.38
0.06
1.20
(0.33)
(0.26)
0.18
0.25
0.94
1.24
FCF per share
1.66
(0.14)
(0.86)
(1.10)
(0.29)
0.64
(0.53)
(0.59)
(1.25)
(1.50)
0.03
0.14
0.29
0.77
1.27
0.74
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CAPEX per share
0.64
0.41
0.50
0.76
0.31
0.25
0.30
0.34
0.39
0.27
0.19
0.24
0.17
0.13
0.16
0.34
Book Value per sh.
19.03
13.12
11.88
11.26
10.85
(9.94)
(9.20)
(8.71)
(8.36)
(6.74)
(6.55)
(4.00)
(3.64)
(3.03)
(2.83)
(2.67)
Comm.Shares outs.
41
38
37
38
38
39
39
39
39
40
41
42
43
44
44
45
Avg. annual P/E ratio
(165.8)
(3.9)
(6.6)
(14.1)
(23.4)
3.6
12.6
22.5
188.8
5.5
(15.7)
(20.9)
41.0
33.5
29.1
22.6
P/E to S&P500
(9.5)
(0.2)
(0.1)
(0.7)
(1.4)
0.2
0.7
1.2
9.4
0.2
(0.7)
(0.8)
1.7
0.9
1.0
1.1
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue (m)
930
845
629
679
678
636
563
530
506
512
419
413
412
360
410
417
Operating margin
(1.4)%
(23.5)%
(11.1)%
(5.3)%
(3.1)%
8.4%
4.4%
3.7%
1.4%
12.5%
1.3%
3.3%
7.8%
8.8%
11.3%
12.9%
Depreciation (m)
53
43
32
34
32
27
23
18
20
25
22
21
14
9
8
8
Net profit (m)
(8)
(198)
(68)
(37)
(24)
93
21
15
2
48
(14)
(11)
8
11
41
55
Income tax rate
(60.2)%
(1.4)%
2.4%
(1.1)%
(4.1)%
7.9%
12.2%
12.9%
(338.9)%
(6.3)%
(1.0)%
(13.5)%
(201.0)%
11.0%
5.8%
21.8%
Net profit margin
(0.9)%
(23.5)%
(10.9)%
(5.4)%
(3.5)%
14.6%
3.8%
2.8%
0.5%
9.4%
(3.2)%
(2.6)%
1.8%
3.1%
10.1%
13.2%
Working capital (m)
309
192
143
103
115
(96)
(133)
(157)
(167)
(87)
(62)
9
(4)
26
(15)
(12)
Long-term debt (m)
- -
- -
- -
- -
- -
- -
- -
- -
96
189
204
221
199
203
184
193
Equity (m)
780
493
443
427
417
(386)
(359)
(341)
(330)
(270)
(269)
(167)
(155)
(133)
(124)
(119)
ROIC
(1.0)%
(39.3)%
(14.7)%
(8.0)%
(4.9)%
(234.2)%
(25.4)%
(13.7)%
(53.2)%
586.7%
35.5%
20.4%
95.6%
24.6%
45.2%
60.1%
Return on capital
(0.5)%
(27.8)%
(11.3)%
(5.7)%
(3.5)%
33.5%
10.9%
9.8%
2.8%
25.7%
2.8%
5.3%
9.6%
10.7%
13.4%
25.9%
Return on equity
(1.0)%
(40.2)%
(15.4)%
(8.7)%
(5.7)%
(24.1)%
(5.9)%
(4.3)%
(0.8)%
(17.9)%
5.0%
6.4%
(4.9)%
(8.3)%
(33.4)%
(46.5)%
Plowback ratio
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Div.&Repurch./FCF
- -
- -
- -
- -
- -
2.7%
(1.3)%
(3.0)%
(19.4)%
(1.6)%
- -
- -
28.8%
7.0%
43.1%
161.7%
Capital Structure
1 Mar · 2023 | Q4
All numbers in millions
Total liabilities
$ 406
Total assets
$ 287
Long-term debt
$ 193
Cash and equiv.
$ 35
Goodwill
$ 33
Retained earnings
$ (1,072)
Common stock
44
Enterprise Value
$ 1,456
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
80
57
35
Receivables
97
77
109
Inventory
27
20
21
Other
10
6
(31)
Current assets
213
183
179
Acc. Payable
22
27
46
Debt due
11
9
10
Other
155
161
135
Current liabilities
188
197
191
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
1.82%
0.68%
(2.90)%
Cash flow
(41.14)%
76.69%
89.69%
Earnings
33.47%
45.48%
195.93%
Dividends
- -
- -
- -
Book value
(4.27)%
(8.04)%
(10.80)%
Insider Trading
Type
Shares
Date
Gayron Kenneth L
Sale
1,500
03/06/23
Riley Kevin W.
InKind
1,021
02/28/23
Claman Timothy
InKind
998
02/01/23
Claman Timothy
InKind
203
01/22/23
Claman Timothy
InKind
339
12/15/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
86
79
90
104
360
2021
94
95
102
119
410
2022
101
98
103
116
417
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
(0.13)
0.04
0.18
0.16
0.25
2021
0.10
0.16
0.34
0.35
0.94
2022
0.24
0.17
0.27
0.57
1.24
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
- -
- -
- -
- -
- -
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
Company Description
Sector:
Communication Services
Industry:
Electronic Gaming & Multimedia
CEO:
Mr. Jeff Rosica
Full-time employees:
1,405
City:
Burlington
Address:
75 Network Drive
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 worldwide. 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; 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 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. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts.