Avid Bioservices Inc
General ticker "CDMO" information:
- Sector: Health Care
- Industry: Biotechnology
- Capitalization: $793.3M
Avid Bioservices Inc follows the US Stock Market performance with the rate: 53.9%.
Estimated limits based on current volatility of 0.1%: low 12.49$, high 12.50$
Factors to consider:
- Company does not operate outside North America (retrieved using AI)
- Earnings for 6 months up through Q2 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-04-30 to 2026-04-30
- 2024-04-30 to 2025-04-30 estimated range: [4.80$, 9.62$]
- 2025-04-30 to 2026-04-30 estimated range: [4.76$, 9.55$]
Financial Metrics affecting the CDMO estimates:
- Negative: Non-GAAP EPS, $ of -0.30 <= 0
- Negative: negative Operating income
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of -24.29 <= 2.98
- Positive: Inventory ratio change, % of -10.57 <= -1.08
Short-term CDMO quotes
Long-term CDMO plot with estimates
Financial data
| YTD | 2022-04-30 | 2023-04-30 | 2024-04-30 |
|---|---|---|---|
| Operating Revenue | $119.60MM | $149.27MM | $139.91MM |
| Operating Expenses | $104.17MM | $145.66MM | $158.59MM |
| Operating Income | $15.42MM | $3.60MM | $-18.68MM |
| Non-Operating Income | $-2.76MM | $-1.60MM | $-8.25MM |
| Interest Expense | $2.68MM | $2.60MM | $4.34MM |
| Income(Loss) | $12.66MM | $2.00MM | $-26.93MM |
| Taxes | $-115.01MM | $1.44MM | $113.83MM |
| Profit(Loss)* | $127.67MM | $0.56MM | $-140.75MM |
| Stockholders Equity | $174.53MM | $189.47MM | $60.89MM |
| Inventory | $26.06MM | $43.91MM | $30.38MM |
| Assets | $429.84MM | $451.05MM | $336.56MM |
| Operating Cash Flow | $9.46MM | $-12.89MM | $10.95MM |
| Capital expenditure | $56.41MM | $77.64MM | $31.80MM |
| Investing Cash Flow | $-56.41MM | $-77.64MM | $-31.80MM |
| Financing Cash Flow | $3.20MM | $2.90MM | $20.07MM |
| Earnings Per Share** | $2.08 | $0.01 | $-2.23 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.