Back to top
more

AvidXchange (AVDX)

(Delayed Data from NSDQ)

$9.68 USD

9.68
4,443,422

+1.18 (13.88%)

Updated Nov 6, 2024 04:00 PM ET

After-Market: $9.68 0.00 (0.00%) 7:58 PM 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

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

D Value A Growth C Momentum C 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 25% (59 out of 251)

Industry: Internet - Software

Zacks News

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.

Garmin (GRMN) Boosts Marine Offerings With 5 Fishing Bundles

Garmin (GRMN) unveils five new ice fishing bundles, which are expected to aid its momentum among ice anglers.

New Strong Buy Stocks for July 6th

GBX, GFF, AVDX, NCR and SIBN have been added to the Zacks Rank #1 (Strong Buy) List on July 6, 2023.

Microsoft (MSFT) Might Face EU Probe Over 2020 Slack Complaint

Microsoft (MSFT) is likely to face an EU anti-trust investigation prompted by a complaint from Salesforce-owned Slack in 2020.

Carrier Global (CARR) Introduces New Solar Charging Systems

Carrier Global (CARR) expands its line of solar charging systems in a bid to expand its refrigeration segment.

Block (SQ) Introduces Credit & Cash Flow Management Tools

Block (SQ)) remains well-poised to gain solid seller momentum on the back of its latest credit tools and cash flow management products.

Gramin (GRMN) Boosts Marine Offerings With Force Kraken Launch

Garmin (GRMN) introduces its trolling motor, Force Kraken, which is likely to drive its momentum among fishing enthusiasts.

Vishay (VSH) Boosts Optoelectronics Offerings With New Modules

Vishay Intertechnology (VSH) unveils new infrared sensor modules, which are likely to aid its momentum across outdoor sensor applications.

Carrier's (CARR) Clientele Expands With Ocean Network Express

Carrier Global's (CARR) Lynx Fleet solution gets installed by Ocean Network Express.

Benjamin Rains headshot

Hunting for the Best Cheap Stocks to Buy in June? Here's How to Start

Today we dive into a pocket of the stock market that many investors like to own as part of diversified portfolios: cheap stocks trading for $10 a share or less. Along with the cheap price tag, the stocks we explore today boast high Zacks Ranks given their improving earnings outlooks.

Does AvidXchange Holdings, Inc. (AVDX) Have the Potential to Rally 26.34% as Wall Street Analysts Expect?

The mean of analysts' price targets for AvidXchange Holdings, Inc. (AVDX) points to a 26.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.