Avid Bioservices Inc. (CDMO)
Avid Bioservices Statistics
Share Statistics
Avid Bioservices has 63.96M shares outstanding. The number of shares has increased by 0.76% in one year.
| Shares Outstanding | 63.96M |
| Shares Change (YoY) | 0.76% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | n/a |
| Failed to Deliver (FTD) Shares | 581 |
| FTD / Avg. Volume | 0.04% |
Short Selling Information
The latest short interest is 11.4M, so 17.83% of the outstanding shares have been sold short.
| Short Interest | 11.4M |
| Short % of Shares Out | 17.83% |
| Short % of Float | 18.1% |
| Short Ratio (days to cover) | 8.79 |
Valuation Ratios
The PE ratio is -3.43 and the forward PE ratio is -113.55. Avid Bioservices's PEG ratio is 0.
| PE Ratio | -3.43 |
| Forward PE | -113.55 |
| PS Ratio | 3.45 |
| Forward PS | 2.8 |
| PB Ratio | 7.92 |
| P/FCF Ratio | -23.12 |
| PEG Ratio | 0 |
Enterprise Valuation
Avid Bioservices has an Enterprise Value (EV) of 651.94M.
| EV / Sales | 4.66 |
| EV / EBITDA | -56.78 |
| EV / EBIT | 59.53 |
| EV / FCF | -31.26 |
Financial Position
The company has a current ratio of 1.47, with a Debt / Equity ratio of 3.41.
| Current Ratio | 1.47 |
| Quick Ratio | 1.04 |
| Debt / Equity | 3.41 |
| Debt / EBITDA | -18.1 |
| Debt / FCF | -9.97 |
| Interest Coverage | -4.31 |
Financial Efficiency
Return on Equity is -231.16% and Return on Invested Capital is -36.32%.
| Return on Equity | -231.16% |
| Return on Assets | -41.82% |
| Return on Invested Capital | -36.32% |
| Revenue Per Employee | $377,118.6 |
| Profits Per Employee | $-379,388.14 |
| Employee Count | 371 |
| Asset Turnover | 0.42 |
| Inventory Turnover | 4.37 |
Taxes
| Income Tax | 113.83M |
| Effective Tax Rate | -422.72% |
Stock Price Statistics
The stock price has increased by 82.87% in the last 52 weeks. The beta is 1.41, so Avid Bioservices's price volatility has been higher than the market average.
| Beta | 1.41 |
| 52-Week Price Change | 82.87% |
| 50-Day Moving Average | 12.36 |
| 200-Day Moving Average | 10.28 |
| Relative Strength Index (RSI) | 66.47 |
| Average Volume (20 Days) | 1,584,407 |
Income Statement
In the last 12 months, Avid Bioservices had revenue of 139.91M and earned -140.75M in profits. Earnings per share was -2.23.
| Revenue | 139.91M |
| Gross Profit | 7.32M |
| Operating Income | -18.68M |
| Net Income | -140.75M |
| EBITDA | -11.48M |
| EBIT | -22.59M |
| Earnings Per Share (EPS) | -2.23 |
Balance Sheet
The company has 38.11M in cash and 207.83M in debt, giving a net cash position of -169.73M.
| Cash & Cash Equivalents | 38.11M |
| Total Debt | 207.83M |
| Net Cash | -169.73M |
| Retained Earnings | -571.87M |
| Total Assets | 323.48M |
| Working Capital | 22.35M |
Cash Flow
In the last 12 months, operating cash flow was 10.95M and capital expenditures -31.8M, giving a free cash flow of -20.85M.
| Operating Cash Flow | 10.95M |
| Capital Expenditures | -31.8M |
| Free Cash Flow | -20.85M |
| FCF Per Share | -0.33 |
Margins
Gross margin is 5.23%, with operating and profit margins of -13.35% and -100.6%.
| Gross Margin | 5.23% |
| Operating Margin | -13.35% |
| Pretax Margin | -19.25% |
| Profit Margin | -100.6% |
| EBITDA Margin | -8.21% |
| EBIT Margin | -13.35% |
| FCF Margin | -14.9% |
Dividends & Yields
CDMO does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -29.19% |
| FCF Yield | -4.32% |
Analyst Forecast
The average price target for CDMO is $12.25, which is -1.9% lower than the current price. The consensus rating is "Hold".
| Price Target | $12.25 |
| Price Target Difference | -1.9% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
Stock Splits
The last stock split was on Jul 10, 2017. It was a backward split with a ratio of 1:7.
| Last Split Date | Jul 10, 2017 |
| Split Type | backward |
| Split Ratio | 1:7 |
Scores
| Altman Z-Score | -0.58 |
| Piotroski F-Score | 3 |