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AvidXchange (AVDX)

(Real Time Quote from BATS)

$12.63 USD

12.63
99,743

+0.14 (1.12%)

Updated Jul 25, 2024 10:44 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value D Growth C Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 40% (100 out of 250)

Industry: Internet - Software

Better trading starts here.

Zacks News

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Garmin's (GRMN) Q2 Earnings & Sales Beat Estimates, Up Y/Y

Garmin's (GRMN) second-quarter sales results benefit from strength in the Fitness, Auto OEM and Aviation segments.

Waters (WAT) Q2 Earnings & Sales Beat Estimates, Rise Y/Y

Waters' (WAT) second-quarter results benefit from solid momentum in the industrial, and government and academic markets.

AvidXchange Holdings, Inc. (AVDX) Reports Break-Even Earnings for Q2

AvidXchange Holdings, Inc. (AVDX) delivered earnings and revenue surprises of 100% and 2.44%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Aspen Technology (AZPN) Q4 Earnings and Revenues Lag Estimates

Aspen Technology (AZPN) delivered earnings and revenue surprises of -2.74% and 1.27%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Will Amazon's (AMZN) Q2 Earnings Benefit From AWS Momentum?

Amazon's (AMZN) second-quarter results are likely to reflect benefits from AWS' expanding customer base, driven by the strengthening services portfolio and rising number of infrastructure regions.

AMETEK's (AME) Q2 Earnings & Sales Surpass Estimates, Up Y/Y

AMETEK's (AME) second-quarter results benefit from solid momentum across the EIG and EMG segments.

AvidXchange (AVDX) to Report Q2 Earnings: What to Expect

AvidXchange's (AVDX) second-quarter earnings are expected to have benefited from a strong product portfolio and an expanding partner base.

PayPal's (PYPL) Q2 Earnings to Benefit via Portfolio Strength

PayPal's (PYPL) second-quarter results are expected to reflect gains from strength across its robust product and services portfolio.

AMETEK's (AME) Strength in EIG Segment to Aid Q2 Earnings

AMETEK's (AME) second-quarter results are likely to reflect solid momentum in EIG.

Mettler-Toledo (MTD) Beats on Q2 Earnings, Issues Weak Outlook

Mettler-Toledo's (MTD) second-quarter 2023 results benefit from the robust Industrial and Food Retail segments. However, its dull outlook for 2023 is concerning.

KLA's (KLAC) Q4 Earnings & Revenues Beat Estimates, Fall Y/Y

KLA's (KLAC) fiscal fourth-quarter results are hurt by sluggish Semiconductor Process Control and PCB, Display and Component Inspection segments.

EBAY's Q2 Earnings & Revenues Surpass Estimates, Up Y/Y

EBAY's second-quarter 2023 results benefit from strengthening its advertising business.

Teradyne (TER) Q2 Earnings & Revenues Top Estimates, Fall Y/Y

Teradyne's (TER) second-quarter results reflect the impacts of softness in the robotics business.

Carrier's (CARR) Q2 Earnings & Revenues Top Estimates, Up Y/Y

Carrier Global's (CARR) second-quarter results reflect strength in the HVAC and Fire & Security segments.

Lam Research (LRCX) Q4 Earnings & Revenues Beat, Fall Y/Y

Lam Research's (LRCX) fiscal fourth-quarter results reflect the impacts of weakening memory spending.

AvidXchange Holdings, Inc. (AVDX) Gains As Market Dips: What You Should Know

AvidXchange Holdings, Inc. (AVDX) closed the most recent trading day at $12.17, moving +0.58% from the previous trading session.

TE Connectivity (TEL) Q3 Earnings Beat, Sales Fall Y/Y

TE Connectivity's (TEL) fiscal third-quarter results reflect solid momentum across transportation solutions. However, softness in communication solutions has been concerning.

Texas Instruments (TXN) Q2 Earnings & Revenues Beat, Fall Y/Y

Texas Instruments' (TXN) second-quarter 2023 results reflect a weak demand environment across the end markets.

AvidXchange Holdings, Inc. (AVDX) Upgraded to Strong Buy: What Does It Mean for the Stock?

AvidXchange Holdings, Inc. (AVDX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Alphabet (GOOGL) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Alphabet's (GOOGL) second-quarter results reflect strength in the search, YouTube and cloud business.

NXP Semiconductors (NXPI) Q2 Earnings Beat, Revenues Fall Y/Y

NXP Semiconductors' (NXPI) second-quarter 2023 results reflect strength in the Automotive and Communication Infrastructure & Others markets amid weakness in the Industrial & IoT and Mobile markets.

Alphabet's (GOOGL) Q2 Earnings to Benefit From Google Cloud

Alphabet's (GOOGL) second-quarter performance is expected to have benefited from its cloud portfolio strength.

AvidXchange Holdings, Inc. (AVDX) Gains As Market Dips: What You Should Know

AvidXchange Holdings, Inc. (AVDX) closed at $12.03 in the latest trading session, marking a +0.17% move from the prior day.

Garmin (GRMN) Expands Aviation Portfolio, Unveils GHA 15

Garmin (GRMN) introduces GHA 15, a small and lightweight height advisor in a bid to bolster its aviation offerings.

Advanced Energy (AEIS) Unveils eVerest RF Power Generator

Advanced Energy Industries (AEIS) launches eVerest RF power generator to boost semiconductor fabrication yield and deliver precision plasma control for next-generation devices.