Avidity Biosciences Valuation

RNA Stock  USD 69.93  0.07  0.10%   
At this time, the firm appears to be overvalued. Avidity Biosciences shows a prevailing Real Value of $62.15 per share. The current price of the firm is $69.93. Our model approximates the value of Avidity Biosciences from analyzing the firm fundamentals such as Shares Outstanding of 145.9 M, return on equity of -0.38, and Operating Margin of (44.49) % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
69.93
Please note that Avidity Biosciences' price fluctuation is not too volatile at this time. Calculation of the real value of Avidity Biosciences is based on 3 months time horizon. Increasing Avidity Biosciences' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Avidity Biosciences is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Avidity Stock. However, Avidity Biosciences' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  69.93 Real  62.15 Hype  68.12 Naive  66.88
The real value of Avidity Stock, also known as its intrinsic value, is the underlying worth of Avidity Biosciences Company, which is reflected in its stock price. It is based on Avidity Biosciences' financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Avidity Biosciences' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
62.15
Real Value
77.00
Upside
Estimating the potential upside or downside of Avidity Biosciences helps investors to forecast how Avidity stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Avidity Biosciences more accurately as focusing exclusively on Avidity Biosciences' fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
39.3650.4061.45
Details
Hype
Prediction
LowEstimatedHigh
60.9768.1275.27
Details
Naive
Forecast
LowNext ValueHigh
59.7366.8874.03
Details

Avidity Biosciences Total Value Analysis

Avidity Biosciences is at this time estimated to have company total value of 5.27 B with market capitalization of 7.17 B, debt of 6.8 M, and cash on hands of 398.22 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Avidity Biosciences fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
5.27 B
7.17 B
6.8 M
398.22 M

Avidity Biosciences Investor Information

About 95.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 3.56. Avidity Biosciences had not issued any dividends in recent years. Based on the key indicators related to Avidity Biosciences' liquidity, profitability, solvency, and operating efficiency, Avidity Biosciences is not in a good financial situation at this time. It has a very high odds of going through financial crisis in November.

Avidity Biosciences Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Avidity Biosciences has an asset utilization ratio of 0.7 percent. This suggests that the Company is making $0.006968 for each dollar of assets. An increasing asset utilization means that Avidity Biosciences is more efficient with each dollar of assets it utilizes for everyday operations.

Avidity Biosciences Ownership Allocation

The majority of Avidity Biosciences outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Avidity Biosciences to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Avidity Biosciences. Please pay attention to any change in the institutional holdings of Avidity Biosciences as this could imply that something significant has changed or is about to change at the company.

Avidity Biosciences Profitability Analysis

The company reported the last year's revenue of 10.9 M. Reported Net Loss for the year was (322.3 M) with loss before taxes, overhead, and interest of (399.71 M).
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Avidity Biosciences' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Avidity Biosciences and how it compares across the competition.

About Avidity Biosciences Valuation

The stock valuation mechanism determines Avidity Biosciences' current worth on a weekly basis. Our valuation model uses a comparative analysis of Avidity Biosciences. We calculate exposure to Avidity Biosciences's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Avidity Biosciences's related companies.
Avidity Biosciences, Inc., a biopharmaceutical company, engages in the development of oligonucleotide-based therapies. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California. Avidity Biosciences operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 125 people.

Avidity Biosciences Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
Common Stock Shares Outstanding111.6 M

Complementary Tools for Avidity Stock analysis

When running Avidity Biosciences' price analysis, check to measure Avidity Biosciences' 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 Avidity Biosciences is operating at the current time. Most of Avidity Biosciences' value examination focuses on studying past and present price action to predict the probability of Avidity Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avidity Biosciences' price. Additionally, you may evaluate how the addition of Avidity Biosciences to your portfolios can decrease your overall portfolio volatility.
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