Stock Scorecard



Stock Summary for Avid Bioservices Inc (CDMO) - $6.90 as of 4/25/2024 7:38:18 PM EST

Total Score

7 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for CDMO

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for CDMO

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for CDMO

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for CDMO

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for CDMO

Avid Bioservices ( CDMO ) Quantifies Wrongful Accounting Due to Misclassification of $146 Million of 2026 Notes as Long-Term Liabilities - Hagens Berman - Avid Bioservices ( NASDAQ:CDMO ) 4/25/2024 6:46:00 PM
Avid Bioservices Reports Financial Results for Third Quarter Ended January 31, 2024 4/24/2024 9:25:00 PM
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc. - CDMO 4/12/2024 6:25:00 PM
Avid Bioservices ( CDMO ) Falls Further After Disclosing Intent to Restate Financial Statements Due to Misclassification of $146 Million of 2026 Notes as Long-Term Liabilities - Hagens Berman - Avid Bioservices ( NASDAQ:CDMO ) 4/10/2024 4:46:00 PM
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc. - CDMO 4/4/2024 11:10:00 PM
Investigation into Avid Bioservices, Inc. Underway: Johnson Fistel, LLP Digs into Alleged Securities Law Violations - What Shareholders Need to Know! - Avid Bioservices ( NASDAQ:CDMO ) 4/3/2024 8:45:00 AM
Avid Bioservices ( CDMO ) Falls Further After Disclosing Intent to Restate Financial Statements Due to Misclassification of $146 Million of 2026 Notes as Long-Term Liabilities - Hagens Berman - Avid Bioservices ( NASDAQ:CDMO ) 4/1/2024 7:07:00 PM
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc. - CDMO - Avid Bioservices ( NASDAQ:CDMO ) 3/31/2024 2:58:00 PM
Avid Bioservices ( CDMO ) Falls Further After Disclosing Intent to Restate Financial Statements Due to Misclassification of $146 Million of 2026 Notes as Long-Term Liabilities - Hagens Berman - Avid Bioservices ( NASDAQ:CDMO ) 3/28/2024 4:51:00 PM
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Avid Bioservices, Inc. - CDMO 3/27/2024 9:05:00 PM

Financial Details for CDMO

Company Overview

Ticker CDMO
Company Name Avid Bioservices Inc
Country USA
Description Avid Bioservices, Inc., a contract manufacturing and development organization, provides commercial manufacturing and clinical process development and current good manufacturing practices (CGMP) services focused on mammalian cell culture derived biopharmaceutical pharmaceuticals. The company is headquartered in Tustin, California.
Sector Name LIFE SCIENCES
Industry Name PHARMACEUTICAL PREPARATIONS
Most Recent Quarter 10/31/2023
Next Earnings Date 4/1/2024

Stock Price History

Last Day Price 6.90
Last Day Price Updated 4/25/2024 7:38:18 PM EST
Last Day Volume 1,442,149
Average Daily Volume 1,139,425
52-Week High 21.05
52-Week Low 4.07
Last Price to 52 Week Low 69.53%

Valuation Measures

Trailing PE N/A
Industry PE 101.20
Sector PE 61.73
5-Year Average PE 60.94
Free Cash Flow Ratio 11.13
Industry Free Cash Flow Ratio 12.66
Sector Free Cash Flow Ratio 30.74
Current Ratio Most Recent Quarter 1.35
Total Cash Per Share 0.62
Book Value Per Share Most Recent Quarter 2.90
Price to Book Ratio 2.31
Industry Price to Book Ratio 5.66
Sector Price to Book Ratio 22.08
Price to Sales Ratio Twelve Trailing Months 3.01
Industry Price to Sales Ratio Twelve Trailing Months 5.48
Sector Price to Sales Ratio Twelve Trailing Months 5.16

Share Statistics

Total Shares Outstanding 63,239,000
Market Capitalization 436,349,100
Institutional Ownership N/A

Dividends

Ex-Dividend Date N/A
Last Dividend Amount 0.00
Current Dividend Amount 0.00
Dividend Aristocrat? False
Trailing Annual Dividend Rate 0.00
Trailing Annual Dividend Yield 1.33%
Forward Annual Dividend Rate 0.00
Forward Annual Dividend Yield 0.00%
5-Year Dividend Payments Count 1
3-Year Average Dividend Yield 0.00%
5-Year Average Dividend Yield 0.00%
1-Year Dividend Growth Rate Percentage 0.00%
3-Year Dividend Growth Rate Percentage 0.00%
5-Year Dividend Growth Rate Percentage 0.00%
All-Time Dividend Growth Rate Percentage 0.00%
Dividend Payout Ratio N/A

Income Statement

Quarterly Earnings Growth YOY -79.70%
Annual Earnings Growth -99.56%
Reported EPS 12 Trailing Months -0.18
Reported EPS Past Year -0.18
Reported EPS Prior Year 0.06
Net Income Twelve Trailing Months -11,450,000
Net Income Past Year 560,000
Net Income Prior Year 127,672,000
Quarterly Revenue Growth YOY -26.90%
5-Year Revenue Growth 22.27%

Balance Sheet

Total Cash Most Recent Quarter 38,924,000
Total Cash Past Year 38,542,000
Total Cash Prior Year 126,166,000
Net Cash Position Most Recent Quarter -16,618,000
Net Cash Position Past Year -10,599,000
Long Term Debt Past Year 49,141,000
Long Term Debt Prior Year 43,453,000
Total Debt Most Recent Quarter 55,542,000
Equity to Debt Ratio Past Year 0.79
Equity to Debt Ratio Most Recent Quarter 0.77
Total Stockholder Equity Past Year 189,470,000
Total Stockholder Equity Prior Year 174,526,000
Total Stockholder Equity Most Recent Quarter 183,675,000

Options

Put/Call Ratio 0.00
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.04
MACD Signal -0.05
20-Day Bollinger Lower Band 5.57
20-Day Bollinger Middle Band 6.70
20-Day Bollinger Upper Band 7.84
Beta 1.65
RSI 50.56
50-Day SMA 9.35
200-Day SMA 15.44

System

Modified 4/3/2024 8:37:02 PM EST