Last Updated: 16 Sep 2024
Executive Summary
Avepoint Inc. (AVPT) is a publicly traded company listed on the NASDAQ exchange. The company operates in the real estate and construction sector, specifically in the blank checks industry. As of the latest available data, AVPT has a market capitalization of $2.22 billion, with approximately 186.7 million shares outstanding. The latest stock price is $11.90.
Company Overview
Avepoint Inc. provides software and services for data management and governance. The company's solutions help organizations manage and protect their data assets, including structured and unstructured data, across on-premises, cloud, and hybrid environments. Avepoint's customers include Fortune 500 companies, government agencies, and educational institutions.
Fundamental Analysis
Revenue: Avepoint's revenue for the trailing twelve months (TTM) was $299.8 million, representing a 20.2% increase year-over-year.
Earnings: The company reported a net loss of $14.9 million for the TTM, resulting in a diluted EPS of -$0.08.
Profitability: Avepoint's gross profit margin for the TTM was 55.8%, while its operating margin was -2.7%. The company's net profit margin was -4.8%.
Valuation: Based on the latest stock price of $11.90, Avepoint trades at a price-to-sales (P/S) ratio of 7.41 and a price-to-book (P/B) ratio of 10.79.
Technical Analysis
Trend: The stock is currently trading above its 50-day and 200-day moving averages, indicating a bullish trend.
Support and Resistance: The stock has immediate support at $11.50 and resistance at $12.50.
Momentum: The relative strength index (RSI) is currently at 62, indicating that the stock is slightly overbought.
Short Term Outlook
In the short term, Avepoint's stock is expected to continue trading within the current range of $11.50 to $12.50. The company's upcoming earnings report could provide a catalyst for a breakout in either direction.
Long Term Outlook
Avepoint's long-term outlook is positive. The company is well-positioned to benefit from the growing demand for data management and governance solutions. As organizations continue to adopt cloud and hybrid environments, Avepoint's solutions will become increasingly valuable.
Analyst Recommendations
According to the latest analyst consensus, Avepoint Inc. has a rating of "Buy" with an average target price of $12.58. One analyst has a "Strong Buy" rating, four have "Buy" ratings, two have "Hold" ratings, and none have "Sell" or "Strong Sell" ratings.
