Avid Bioservices, Inc. CDMO
Set alert
12.49 0.00 0.00%
At close · Feb 4
12.49 Day range 12.49
52-week range unavailable
- YTD
- +1.13%
- 1 year
- +55.16%
- Open
- 12.49
- Prev close
- 12.49
- Mkt cap
- 784.83M
- Vol
- 0
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 12.49
- High
- 12.49
- Forward P/E
- -175.29
- Beta
- 1.41
- Short ratio
- 3.19
- Inst. own
- 104.32%
- Dividend
- 0.00
- Ex-div date
- 50-d avg
- 11.50
- 200-d avg
- 9.42
- 1y target
- 12.88
2Y chart
Events in this range
- Sep 7, 2023Earnings: 0; estimate -0.04; surprise —%
- Dec 7, 2023Earnings: -0.12; estimate -0.09; surprise -33.33%
- Apr 24, 2024Earnings: -0.08; estimate -0.02; surprise -300%
- Jul 2, 2024Earnings: -0.07; estimate 0.03; surprise -333.33%
- Jul 3, 2024Rating: RBC Capital · Outperform → Outperform
- Sep 9, 2024Earnings: -0.03; estimate -0.04; surprise 25%
- Sep 10, 2024Rating: William Blair · — → Market Perform
- Sep 10, 2024Rating: Stephens & Co. · Overweight → Overweight
- Sep 10, 2024Rating: RBC Capital · Outperform → Outperform
- Nov 7, 2024Rating: William Blair · — → Market Perform
- Nov 7, 2024Downgrade: RBC Capital · Outperform → Sector Perform
- Dec 10, 2024Earnings: -0.22; estimate -0.09; surprise -144.44%
Signals (86)
| Name | Date | Ago |
|---|---|---|
| MACD: Sell Signal | Nov 29, 2024 | 1 year ago |
| RSI: Overbought | Nov 22, 2024 | 1 year ago |
| RSI: Overbought | Nov 7, 2024 | 1 year ago |
| SMA: Bullish | Nov 5, 2024 | 1 year ago |
| MACD: Buy Signal | Nov 1, 2024 | 1 year ago |
| SMA: Bearish | Oct 3, 2024 | 2 years ago |
| MACD: Sell Signal | Sep 30, 2024 | 2 years ago |
| RSI: Overbought | Sep 19, 2024 | 2 years ago |
| MACD: Buy Signal | Sep 12, 2024 | 2 years ago |
| SMA: Bullish | Sep 10, 2024 | 2 years ago |
| SMA: Bearish | Sep 4, 2024 | 2 years ago |
| MACD: Sell Signal | Aug 22, 2024 | 2 years ago |
| MACD: Buy Signal | Aug 19, 2024 | 2 years ago |
| RSI: Overbought | Aug 19, 2024 | 2 years ago |
| MACD: Sell Signal | Aug 7, 2024 | 2 years ago |
| RSI: Overbought | Aug 2, 2024 | 2 years ago |
| RSI: Overbought | Jul 25, 2024 | 2 years ago |
| RSI: Overbought | Jul 17, 2024 | 2 years ago |
| SMA: Bullish | Jul 11, 2024 | 2 years ago |
| SMA: Bullish | Jul 3, 2024 | 2 years ago |
| MACD: Buy Signal | Jul 3, 2024 | 2 years ago |
| SMA: Bearish | Jun 24, 2024 | 2 years ago |
| SMA: Bullish | Jun 21, 2024 | 2 years ago |
| SMA: Bearish | Jun 20, 2024 | 2 years ago |
| SMA: Bullish | Jun 17, 2024 | 2 years ago |
| SMA: Bearish | Jun 13, 2024 | 2 years ago |
| SMA: Bearish | Jun 12, 2024 | 2 years ago |
| SMA: Bullish | Jun 5, 2024 | 2 years ago |
| SMA: Bearish | Jun 4, 2024 | 2 years ago |
| MACD: Sell Signal | May 23, 2024 | 2 years ago |
| RSI: Overbought | May 20, 2024 | 2 years ago |
| RSI: Overbought | May 14, 2024 | 2 years ago |
| RSI: Overbought | May 6, 2024 | 2 years ago |
| SMA: Bullish | May 2, 2024 | 2 years ago |
| SMA: Bullish | Apr 25, 2024 | 2 years ago |
| MACD: Buy Signal | Apr 24, 2024 | 2 years ago |
| MACD: Sell Signal | Apr 19, 2024 | 2 years ago |
| SMA: Bearish | Apr 17, 2024 | 2 years ago |
| SMA: Bullish | Apr 16, 2024 | 2 years ago |
| SMA: Bearish | Apr 10, 2024 | 2 years ago |
| SMA: Bullish | Apr 9, 2024 | 2 years ago |
| MACD: Buy Signal | Apr 9, 2024 | 2 years ago |
| MACD: Sell Signal | Mar 28, 2024 | 2 years ago |
| MACD: Buy Signal | Mar 27, 2024 | 2 years ago |
| SMA: Bearish | Mar 21, 2024 | 2 years ago |
| SMA: Bullish | Mar 19, 2024 | 2 years ago |
| SMA: Bearish | Mar 7, 2024 | 2 years ago |
| MACD: Sell Signal | Mar 7, 2024 | 2 years ago |
| MACD: Buy Signal | Feb 12, 2024 | 2 years ago |
| MACD: Sell Signal | Feb 2, 2024 | 2 years ago |
| MACD: Buy Signal | Jan 23, 2024 | 2 years ago |
| MACD: Sell Signal | Jan 16, 2024 | 2 years ago |
| MACD: Buy Signal | Jan 10, 2024 | 2 years ago |
| MACD: Sell Signal | Jan 9, 2024 | 2 years ago |
| MACD: Buy Signal | Jan 8, 2024 | 2 years ago |
| MACD: Sell Signal | Jan 5, 2024 | 2 years ago |
| SMA: Bullish | Dec 19, 2023 | 2 years ago |
| RSI: Oversold | Nov 27, 2023 | 2 years ago |
| RSI: Oversold | Nov 15, 2023 | 2 years ago |
| MACD: Buy Signal | Nov 14, 2023 | 2 years ago |
| MACD: Sell Signal | Nov 10, 2023 | 2 years ago |
| RSI: Oversold | Nov 6, 2023 | 2 years ago |
| MACD: Buy Signal | Nov 3, 2023 | 2 years ago |
| MACD: Sell Signal | Oct 12, 2023 | 3 years ago |
| RSI: Oversold | Oct 12, 2023 | 3 years ago |
| MACD: Buy Signal | Oct 3, 2023 | 3 years ago |
| MACD: Sell Signal | Oct 2, 2023 | 3 years ago |
| RSI: Oversold | Oct 2, 2023 | 3 years ago |
| MACD: Buy Signal | Sep 27, 2023 | 3 years ago |
| RSI: Oversold | Sep 18, 2023 | 3 years ago |
| RSI: Oversold | Sep 12, 2023 | 3 years ago |
| MACD: Sell Signal | Sep 8, 2023 | 3 years ago |
| MACD: Buy Signal | Aug 9, 2023 | 3 years ago |
| MACD: Sell Signal | Aug 1, 2023 | 3 years ago |
| MACD: Buy Signal | Jul 10, 2023 | 3 years ago |
| MACD: Sell Signal | Jun 22, 2023 | 3 years ago |
| MACD: Buy Signal | Jun 2, 2023 | 3 years ago |
| RSI: Oversold | May 17, 2023 | 3 years ago |
| SMA: Bearish | May 10, 2023 | 3 years ago |
| SMA: Bullish | May 3, 2023 | 3 years ago |
| SMA: Bearish | May 1, 2023 | 3 years ago |
| SMA: Bullish | Apr 28, 2023 | 3 years ago |
| SMA: Bearish | Apr 27, 2023 | 3 years ago |
| MACD: Sell Signal | Apr 18, 2023 | 3 years ago |
| RSI: Overbought | Apr 13, 2023 | 3 years ago |
| RSI: Oversold | Mar 9, 2023 | 3 years ago |
Key statistics
- Market cap
- 784.83M
- Enterprise value
- 955.97M
- Trailing P/E
- 0.00
- Forward P/E
- -175.29
- PEG ratio
- 0.00
- Price / sales
- 5.51
- Price / book
- 12.81
- EPS (TTM)
- -2.41
- Beta
- 1.41
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- -101.27%
- Revenue (TTM)
- 142.36M
- Revenue growth
- 6.50%
- Free cash flow
- -201.63K
- Total cash
- 36.78M
- Total debt
- 207.43M
- Return on equity
- -115.84%
- Shares outstanding
- 63.96M
- Short % of float
- 18.40%
- 50-day average
- 11.50
- 200-day average
- 9.42
Analyst view
Consensus: hold
Hold
Price target (mean) 12.88 +3.1% upside
Now 12.49
- Target (low)
- 12.50
- Target (mean)
- 12.88
- Target (high)
- 14.00
Ratings (0m) 5 1 buy · 4 hold · 0 sell
- Strong buy0
- Buy1
- Hold4
- Sell0
- Strong sell0
Next earnings
Consensus EPS estimate -0.04.
Financials — quick view
CDMO Revenue — quarterly 33.48M
CDMO Net income — quarterly -17.41M
CDMO EPS — quarterly -0.27
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Dec 10, 2024 | Oct 1, 2024 | -0.09 | -0.22 | -0.13 | -144.44% |
| Sep 9, 2024 | Jul 1, 2024 | -0.04 | -0.03 | +0.01 | +25.00% |
| Jul 2, 2024 | Apr 1, 2024 | 0.03 | -0.07 | -0.10 | -333.33% |
| Apr 24, 2024 | Jan 1, 2024 | -0.02 | -0.08 | -0.06 | -300.00% |
| Dec 7, 2023 | Oct 1, 2023 | -0.09 | -0.12 | -0.03 | -33.33% |
| Sep 7, 2023 | Jul 1, 2023 | -0.04 | 0.00 | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 7, 2024 | RBC Capital | down | Outperform | Sector Perform |
| Nov 7, 2024 | William Blair | reit | — | Market Perform |
| Sep 10, 2024 | RBC Capital | main | Outperform | Outperform |
| Sep 10, 2024 | Stephens & Co. | reit | Overweight | Overweight |
| Sep 10, 2024 | William Blair | reit | — | Market Perform |
| Jul 3, 2024 | RBC Capital | reit | Outperform | Outperform |
About Avid Bioservices, Inc.
Avid Bioservices, Inc. operates as a contract development and manufacturing organization for the biotechnology and biopharmaceutical industries in the United States. It provides process development and current good manufacturing practice clinical and commercial manufacturing services of biologics, including clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing, regulatory submission and support, upstream and downstream development and optimization, analytical methods development, cell line development, testing, and characterization services. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was incorporated in 1981 and is based in Tustin, California.
- Sector
- Healthcare
- Industry
- Biotechnology
- Country
- United States
- Website
- avidbio.com
News
- Kimball Electronics, Inc. Announces Date For Reporting First Quarter Fiscal Year 2027 Financial Results
- Samsung Biologics Reports Third Quarter 2026 Financial Results
- Scinai CEO Updates Shareholders on CDMO Growth and Extended Runway Following Completed Financing
- With Section 232 Tariffs Reshaping Biotech, Valion Bio's Velocity Bioworks Capitalizes on Domestic CDMO Surge
- Scinai Expands CDMO Business with $5.1 Million Development and Clinical Manufacturing Agreement
- BioHarvest Advances Proprietary Olive Cell Asset to Commercial Readiness, Opening New CDMO Licensing Opportunity
- Marker Therapeutics Highlights Expanded Manufacturing Support of CDMO Partner Following Formation of Kincellis Advanced Therapies
- Piramal Pharma Solutions Advances Sustainability Efforts with Solar Power Plant Addition at Morpeth, UK Site
- Scinai Concludes PC111 Arrangements and Refocuses Capital on NanoAb Platform and Growing CDMO Business
- Samsung Biologics publishes prospectus for PolyPeptide public tender offer
Your note
Sign in to keep a note on CDMO — it syncs with the Stock Master app.
Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ALEGRIA ESTHER M | Director | Conversion of Exercise of derivative security | Dec 12, 2024 | 37,746 |
| CARLEONE JOSEPH | Director | Conversion of Exercise of derivative security | Dec 12, 2024 | 130,324 |
| GREEN NICHOLAS STEWART | Chief Executive Officer | Sale | Oct 9, 2024 | 226,653 |
| HANCOCK RICHARD BROOKE | Director | Conversion of Exercise of derivative security | Dec 12, 2024 | 144,319 |
| HART DANIEL RYAN | Chief Financial Officer | Sale | Apr 29, 2024 | 82,221 |
| KWIETNIAK MATTHEW R | Officer | Sale | Oct 13, 2024 | 25,407 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 8.22% | 5,259,199 | 64.53M | Sep 29, 2024 |
| Millennium Management Llc | 6.55% | 4,189,003 | 51.40M | Sep 29, 2024 |
| Vanguard Group Inc | 6.01% | 3,846,383 | 47.20M | Sep 29, 2024 |
| Point72 Asset Management, L.P. | 5.97% | 3,815,806 | 46.82M | Sep 29, 2024 |
| AltraVue Capital, LLC | 5.94% | 3,797,813 | 46.60M | Sep 29, 2024 |
| State Street Corporation | 4.69% | 3,002,503 | 36.84M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 3.20% | 2,048,596 | 25.14M | Sep 29, 2024 |
| iShares Russell 2000 ETF | 2.48% | 1,584,621 | 19.44M | Oct 30, 2024 |
| Fidelity Strategic Advisors Small-Mid Cap Fund | 2.10% | 1,344,470 | 16.50M | Jul 30, 2024 |
| SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF | 2.06% | 1,315,453 | 16.14M | Sep 29, 2024 |
| Fidelity Rutland Square Tr II-Strategic Advisers U.S. Total Stock Fd | 1.76% | 1,125,676 | 13.81M | Oct 30, 2024 |
| Vanguard Extended Market Index Fund | 1.55% | 988,820 | 12.13M | Sep 29, 2024 |