Avid Bioservices Stock Analysis

Avid Stock Analysis Notes

About 92.0% of the company shares are held by institutions such as insurance companies. The book value of Avid Bioservices was currently reported as 2.84. The company recorded a loss per share of 0.28. Avid Bioservices last dividend was issued on the 10th of July 2017. The entity had 1:7 split on the 10th of July 2017. Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. Avid Bioservices, Inc. was incorporated in 1981 and is headquartered in Tustin, California. Avid Bioservices operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 321 people. For more info on Avid Bioservices please contact Roger Lias at 714-508-6100 or go to https://www.avidbio.com.

Avid Bioservices Investment Alerts

Avid Bioservices Upcoming and Recent Events

Avid Largest EPS Surprises

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Avid Stock Institutional Investors

Note, although Avid Bioservices' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Avid Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 466.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avid Bioservices's market, we take the total number of its shares issued and multiply it by Avid Bioservices's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Avid Profitablity

The company has Profit Margin (PM) of (0.13) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.12) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.12.

Management Efficiency

Avid Bioservices has return on total asset (ROA) of (0.0227) % which means that it has lost $0.0227 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0967) %, meaning that it created substantial loss on money invested by shareholders. Avid Bioservices' management efficiency ratios could be used to measure how well Avid Bioservices manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Avid Bioservices' Return On Tangible Assets are very stable compared to the past year. As of the 29th of April 2024, Return On Assets is likely to grow to 0, while Return On Capital Employed is likely to drop (0.01). At this time, Avid Bioservices' Net Tangible Assets are very stable compared to the past year. As of the 29th of April 2024, Return On Tangible Assets is likely to grow to 0, while Other Current Assets are likely to drop about 1.2 M.

Technical Drivers

As of the 29th of April, Avid Bioservices shows the Downside Deviation of 6.75, mean deviation of 4.23, and Risk Adjusted Performance of 0.0461. Avid Bioservices technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Avid Bioservices, which can be compared to its peers. Please confirm Avid Bioservices information ratio, as well as the relationship between the potential upside and kurtosis to decide if Avid Bioservices is priced correctly, providing market reflects its regular price of 7.35 per share. Given that Avid Bioservices has jensen alpha of 0.1936, we suggest you to validate Avid Bioservices's prevailing market performance to make sure the company can sustain itself at a future point.

Avid Bioservices Price Movement Analysis

Avid Bioservices Insider Trading Activities

Avid Bioservices Predictive Daily Indicators

Avid Bioservices Corporate Filings

Avid Bioservices Forecast Models

Avid Bioservices' time-series forecasting models are one of many Avid Bioservices' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Avid Bioservices' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Avid Bioservices prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Avid shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Avid Bioservices. By using and applying Avid Stock analysis, traders can create a robust methodology for identifying Avid entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Avid analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Avid analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Avid Bioservices stock analysis indicators help investors evaluate how Avid Bioservices stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Avid Bioservices shares will generate the highest return on investment. By understating and applying Avid Bioservices stock analysis, traders can identify Avid Bioservices position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avid Bioservices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Avid Stock, please use our How to Invest in Avid Bioservices guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

When running Avid Bioservices' price analysis, check to measure Avid Bioservices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avid Bioservices is operating at the current time. Most of Avid Bioservices' value examination focuses on studying past and present price action to predict the probability of Avid Bioservices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avid Bioservices' price. Additionally, you may evaluate how the addition of Avid Bioservices to your portfolios can decrease your overall portfolio volatility.

Is Avid Bioservices' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avid Bioservices. If investors know Avid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avid Bioservices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Avid Bioservices is measured differently than its book value, which is the value of Avid that is recorded on the company's balance sheet. Investors also form their own opinion of Avid Bioservices' value that differs from its market value or its book value, called intrinsic value, which is Avid Bioservices' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avid Bioservices' market value can be influenced by many factors that don't directly affect Avid Bioservices' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Avid Bioservices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avid Bioservices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avid Bioservices' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.