Shares of software company AvePoint (AVPT 1.43%) are down 12.7% as of midsession Monday in response to the release of third-quarter numbers and fourth-quarter guidance that aren't quite good enough. So what For the three-month stretch ending in September, AvePoint lost $28.7 million -- or $0.05 per share -- on sales of $53.9 million.
Full Answer
Is AvePoint stock over or undervalued?
· Why has AVPT stock fallen after the merger? AvePoint decided to go public through a SPAC merger instead of taking the traditional IPO route. The company explored a traditional IPO and choose the...
Does AvePoint have an upside of 148% from its current price?
· Shares of software company AvePoint ( AVPT 1.43%) are down 12.7% as of midsession Monday in response to the release of third-quarter numbers and fourth-quarter guidance that aren't quite good...
What are AvePoint's earnings expected to grow this year?
· Stock quotes by finanzen.net; Why AvePoint Is Down More Than 12% Today. MotleyFool . Nov. 15, 2021, 01:41 PM. Shares of software company AvePoint (NASDAQ: AVPT) are down 12.7% as of midsession ...
Who owns AvePoint Inc (AVE)?
· 7 brokerages have issued 12-month price objectives for AvePoint's shares. Their forecasts range from $7.00 to $15.00. On average, they expect AvePoint's stock price to reach …
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· Performance Outlook. 2W-6W. 6W-9M. 9M+. While AvePoint, Inc. ( NASDAQ:AVPT) might not be the most widely known stock at the moment, it received a lot of attention from a …
Why is AvePoint stock down?
AvePoint Stock Down After Q4 Revenue Miss, Guides Q1 And FY22 Revenue Below Consensus.
Is AvePoint stock a buy?
AvePoint has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Is AVPT a good stock to buy?
The financial health and growth prospects of AVPT, demonstrate its potential to underperform the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.
Is AvePoint undervalued?
Is AvePoint overvalued? According to Wall Street analysts AvePoint's price is currently Undervalued.
Will AvePoint stock recover?
AvePoint's Long-Term Outlook. Although AvePoint's stock declined significantly during 2021, the valuation is now at a reasonable level for a long-term position in my opinion. AvePoint has a likelihood of achieving strong double-digit revenue gains in 2022 and potentially for multiple years after that.
Is Cswc a good stock?
Capital Southwest Corp (NASDAQ:CSWC) The 6 analysts offering 12-month price forecasts for Capital Southwest Corp have a median target of 28.25, with a high estimate of 30.00 and a low estimate of 24.00. The median estimate represents a +21.14% increase from the last price of 23.32.
How do I buy stock Avepoints?
How to buy shares in AvepointCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
What is APXT stock?
(“Apex” or “the Company”) ( NASDAQ: APXT), a publicly traded special purpose acquisition company, encourages every stockholder to vote their shares in favor of... Apex Technology Acquisition Corp. (NASDAQ: APXT, “Apex”), a publicly-traded special purpose acquisition company, and AvePoint, Inc.
Is AvePoint a buy right now?
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AvePoint in the last twelve months. There are currently 1 hold ra...
When is AvePoint's next earnings date?
AvePoint is scheduled to release its next quarterly earnings announcement on Thursday, June 16th 2022. View our earnings forecast for AvePoint .
How were AvePoint's earnings last quarter?
AvePoint, Inc. (NASDAQ:AVPT) issued its quarterly earnings results on Monday, August, 9th. The company reported ($3.09) earnings per share (EPS) fo...
What guidance has AvePoint issued on next quarter's earnings?
AvePoint updated its FY 2022 earnings guidance on Thursday, March, 17th. The company provided earnings per share guidance of for the period. The co...
What price target have analysts set for AVPT?
7 analysts have issued 12-month price objectives for AvePoint's shares. Their forecasts range from $10.00 to $17.00. On average, they expect AvePoi...
Who are AvePoint's key executives?
AvePoint's management team includes the following people: Mr. Xunkai Gong , Co-founder, Exec. Chairman, Pres & CEO ( LinkedIn Profile ) Dr. Tian...
Who are some of AvePoint's key competitors?
Some companies that are related to AvePoint include Lightspeed POS (LSPD) , Alteryx (AYX) , Jamf (JAMF) , Datto (MSP) , BOX (BOX) , BlackLine...
What is AvePoint's stock symbol?
AvePoint trades on the NASDAQ under the ticker symbol "AVPT."
Who are AvePoint's major shareholders?
AvePoint's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sixth Street Partners Manageme...
Investors are responding to the release of Q3 numbers, though they're making a judgment without a great deal of fiscal context
James Brumley is former stockbroker with a large Wall Street firm, and a former trading analyst for a small, options-based newsletter. After twenty years of professional experience in and around the market, his approach is one that combines fundamentals, sentiment, and common sense.
What happened
Shares of software company AvePoint ( NASDAQ:AVPT) are down 12.7% as of midsession Monday in response to the release of third-quarter numbers and fourth-quarter guidance that aren't quite good enough.
So what
For the three-month stretch ending in September, AvePoint lost $28.7 million -- or $0.05 per share -- on sales of $53.9 million. Analysts were modeling revenue of $52.6 million. Non-GAAP (adjusted) operating profits came in at $4 million, or roughly $0.02 per share, versus analyst estimates of $0.01 per share.
Now what
AvePoint is not only a young company but also a newly minted stock. It became the publicly traded entity we know today only late last year via its merger with a special purpose acquisition company, or SPAC. It's tough to determine a fair, sustainable price for a stock against such a backdrop.
What is the NASDAQ symbol for AvePoint?
AvePoint trades on the NASDAQ under the ticker symbol "AVPT."
What is the P/B ratio of AvePoint?
AvePoint has a P/B Ratio of 69.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Does AvePoint pay dividends?
AvePoint does not currently pay a dividend.
What's the opportunity in AvePoint?
The stock seems fairly valued at the moment according to my valuation model. It’s trading around 6.14% above my intrinsic value, which means if you buy AvePoint today, you’d be paying a relatively reasonable price for it.
Can we expect growth from AvePoint?
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price.
What this means for you
Are you a shareholder? AVPT’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company.
AvePoint Inc Stock Forecast
Over the next 52 weeks, AvePoint Inc has on average historically risen by 41.8 % based on the past 1 years of stock performance.
Will AvePoint Inc Stock Go Up Next Year?
Over the next 52 weeks, AvePoint Inc has on average historically risen by 41.8% based on the past 1 years of stock performance.
AvePoint Inc Stock Price History
Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and AVPT is experiencing selling pressure, which indicates risk of future bearish movement.
Stock Predictions
Is AvePoint Inc stock public? Yes, AvePoint Inc is a publicly traded company.
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover.
What's Happening With AvePoint Inc Stock Today?
AvePoint Inc (AVPT) stock is lower by -6.31% while the S&P 500 has risen 0.57% as of 11:48 AM on Monday, Aug 30. AVPT has fallen -$0.62 from the previous closing price of $9.82 on volume of 530,381 shares. Over the past year the S&P 500 has risen 29.56% while AVPT has fallen -9.72%. AVPT lost -$1.15 per share the over the last 12 months.
How much money did AvePoint receive?
AvePoint received approximately $492 million in gross proceeds comprised of Apex's $352 million of cash held in trust following de minimis public stockholder redemptions and $140 million from an ordinary share private investment in public equity (PIPE), excluding transaction fees. The PIPE was anchored by investors including but not limited to Federated Hermes Kaufman Small Cap Fund, Franklin Templeton, Phoenix Insurance Limited and Singapore -based global investor EDBI.
Who is the CEO of AvePoint?
AvePoint's senior management team, including CEO TJ Jiang, will continue to lead the combined company. Jeff Epstein and Brad Koenig, Co-CEOs of Apex, will join AvePoint's Board of Directors as a director and an advisor, respectively.
How many cloud users does AvePoint have?
More than 7 million cloud users, including a quarter of the Fortune 500, rely on AvePoint's solutions. AvePoint's SaaS solutions are also available to managed service providers, so they can better support and manage their small and mid-sized business customers.