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NASDAQ: CDMO
Avid Bioservices Inc Stock

$6.83+0.15 (+2.25%)
Updated Apr 24, 2024
CDMO Price
$6.83
Fair Value Price
N/A
Market Cap
$433.57M
52 Week Low
$4.07
52 Week High
$18.86
P/E
-24.39x
P/B
2.41x
P/S
3.14x
PEG
N/A
Dividend Yield
N/A
Revenue
$136.74M
Earnings
-$17.98M
Gross Margin
7.5%
Operating Margin
-13.14%
Profit Margin
-13.2%
Debt to Equity
1.53
Operating Cash Flow
$13M
Beta
1.29
Next Earnings
Jun 19, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CDMO Overview

Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. The company produces monoclonal antibodies and recombinant proteins; and offers services, including CGMP clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing, and regulatory submission and support. It also provides various process development services, such as upstream and downstream development and optimization, analytical methods development, testing, and characterization. The company serves biotechnology and biopharmaceutical industries. 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 headquartered in Tustin, California.

Zen Score

Industry Average (23)
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Due Diligence Checks

CDMO is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CDMO is good value based on its book value relative to its share price (2.41x), compared to the US Biotechnology industry average (5.86x)
P/B vs Industry Valuation
CDMO is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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CDMO News

Valuation

CDMO fair value

Fair Value of CDMO stock based on Discounted Cash Flow (DCF)
Price
$6.83
Fair Value
$8.36
Undervalued by
18.26%
CDMO is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CDMO price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-24.39x
Industry
15.69x
Market
41.27x

CDMO price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.41x
Industry
5.86x
CDMO is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CDMO's financial health

Profit margin

Revenue
$33.8M
Net Income
-$6.0M
Profit Margin
-17.8%
CDMO's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
CDMO's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$455.2M
Liabilities
$275.1M
Debt to equity
1.53
CDMO's short-term liabilities ($222.89M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CDMO's short-term assets ($103.59M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CDMO's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
CDMO's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$3.7M
Investing
-$4.5M
Financing
$85.0k
CDMO's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CDMO vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
CDMO$433.57M+2.25%-24.39x2.41x
KALV$436.65M-7.67%-3.31x4.93x
EDIT$437.70M-2.01%-2.65x1.25x
OCS$439.06M+0.08%-3.55x4.12x
TSHA$439.49M-7.11%-2.45x5.86x

Avid Bioservices Stock FAQ

What is Avid Bioservices's quote symbol?

(NASDAQ: CDMO) Avid Bioservices trades on the NASDAQ under the ticker symbol CDMO. Avid Bioservices stock quotes can also be displayed as NASDAQ: CDMO.

If you're new to stock investing, here's how to buy Avid Bioservices stock.

What is the 52 week high and low for Avid Bioservices (NASDAQ: CDMO)?

(NASDAQ: CDMO) Avid Bioservices's 52-week high was $18.86, and its 52-week low was $4.07. It is currently -63.79% from its 52-week high and 67.77% from its 52-week low.

How much is Avid Bioservices stock worth today?

(NASDAQ: CDMO) Avid Bioservices currently has 63,479,794 outstanding shares. With Avid Bioservices stock trading at $6.83 per share, the total value of Avid Bioservices stock (market capitalization) is $433.57M.

Avid Bioservices stock was originally listed at a price of $76.65 in Dec 31, 1997. If you had invested in Avid Bioservices stock at $76.65, your return over the last 26 years would have been -91.09%, for an annualized return of -8.88% (not including any dividends or dividend reinvestments).

How much is Avid Bioservices's stock price per share?

(NASDAQ: CDMO) Avid Bioservices stock price per share is $6.83 today (as of Apr 24, 2024).

What is Avid Bioservices's Market Cap?

(NASDAQ: CDMO) Avid Bioservices's market cap is $433.57M, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Avid Bioservices's market cap is calculated by multiplying CDMO's current stock price of $6.83 by CDMO's total outstanding shares of 63,479,794.
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