Avid Technology, Inc. (AVID): Price and Financial Metrics

AVID POWR Grades

• Quality is the dimension where AVID ranks best; there it ranks ahead of 99.41% of US stocks.
• The strongest trend for AVID is in Growth, which has been heading down over the past 179 days.
• AVID ranks lowest in Momentum; there it ranks in the 27th percentile.

AVID Stock Summary

• AVID TECHNOLOGY INC's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than merely 3.51% of US listed stocks.
• AVID TECHNOLOGY INC's stock had its IPO on March 12, 1993, making it an older stock than 80.35% of US equities in our set.
• Equity multiplier, or assets relative to shareholders' equity, comes in at -1.96 for AVID TECHNOLOGY INC; that's greater than it is for merely 4.18% of US stocks.
• If you're looking for stocks that are quantitatively similar to AVID TECHNOLOGY INC, a group of peers worth examining would be TRVN, RNLX, QMCO, AMSWA, and ISSC.
• Visit AVID's SEC page to see the company's official filings. To visit the company's web site, go to www.avid.com.

AVID Valuation Summary

• AVID's price/sales ratio is 2.5; this is 4.17% higher than that of the median Technology stock.
• AVID's EV/EBIT ratio has moved up 36 over the prior 243 months.

Below are key valuation metrics over time for AVID.

AVID Growth Metrics

Its 5 year revenue growth rate is now at -26.24%.
• Its year over year net cashflow from operations growth rate is now at 1.08%.
• The 3 year revenue growth rate now stands at -0.58%.

AVID's revenue has moved up $50,656,000 over the prior 15 months.

The table below shows AVID's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-06-30	419.033	58.812	47.95
2022-03-31	416.229	58.092	47.583
2021-12-31	409.944	62.489	41.388
2021-09-30	395.181	66.13	33.259
2021-06-30	383.972	67.565	26.471
2021-03-31	368.377	57.473	21.31

AVID's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• AVID has a Quality Grade of A, ranking ahead of 99.47% of graded US stocks.
• AVID's asset turnover comes in at 1.414 -- ranking 61st of 563 Business Services stocks.
• AMN, CRTO, and OOMA are the stocks whose asset turnover ratios are most correlated with AVID.

The table below shows AVID's key quality metrics over time.