CDMO logo

Avid Bioservices (CDMO) Stock

Profile

Sector:

Healthcare

Industry:

Biotechnology

Country:

United States

IPO:

04 April 1994

Indexes:

Not included

Description:

Avid Bioservices is a Contract Development and Manufacturing Organization (CDMO) that specializes in biopharmaceuticals. They provide services for the development and production of biologic drugs, including monoclonal antibodies and proteins, helping companies bring their therapies to market efficiently and effectively.

Key Details

Price

$12.35

Annual Revenue

$139.91 M(-6.27% YoY)

Annual EPS

-$2.23(-54490.24% YoY)

Annual ROE

-112.58%

Beta

1.50

Events Calendar

Earnings

Next earnings date:

Dec 06, 2024

Recent quarterly earnings:

Sept 09, 2024

Recent annual earnings:

July 02, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

July 10, 2017

Analyst ratings

Recent major analysts updates

07 Nov '24 William Blair
Market Perform
07 Nov '24 RBC Capital
Sector Perform
10 Sept '24 William Blair
Market Perform
10 Sept '24 Stephens & Co.
Overweight
10 Sept '24 RBC Capital
Outperform
03 July '24 RBC Capital
Outperform
30 Apr '24 RBC Capital
Outperform
11 Mar '24 Stephens & Co.
Overweight
07 Mar '24 RBC Capital
Outperform
08 Dec '23 RBC Capital
Outperform

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Dividend

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Efficiency

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Institutional Ownership

Punch and Associates sends letter to Board of Directors of Avid Bioservices, Inc.
Punch and Associates sends letter to Board of Directors of Avid Bioservices, Inc.
Punch and Associates sends letter to Board of Directors of Avid Bioservices, Inc.
CDMO
businesswire.com14 November 2024

MINNEAPOLIS--(BUSINESS WIRE)--Punch & Associates intends to vote AGAINST proposed acquisition of Avid Bioservices, Inc. by GHO Capital and Ampersand Capital.

Semi-Solid Dosage CDMO Market Report 2024-2030: The Lubrizol Corporation, Cambrex Corporation, and Contract Pharmaceuticals Dominate the Competitive Landscape
Semi-Solid Dosage CDMO Market Report 2024-2030: The Lubrizol Corporation, Cambrex Corporation, and Contract Pharmaceuticals Dominate the Competitive Landscape
Semi-Solid Dosage CDMO Market Report 2024-2030: The Lubrizol Corporation, Cambrex Corporation, and Contract Pharmaceuticals Dominate the Competitive Landscape
CDMO
globenewswire.com13 November 2024

Dublin, Nov. 13, 2024 (GLOBE NEWSWIRE) -- The "Semi-Solid Dosage CDMO Market Size, Share & Trends Analysis by Route of Administration (Topical, Transdermal, Others), Product, Service, End-use, and Country, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The global semi-solid Dosage CDMO market is expected to reach USD 67.4 billion by 2030, and anticipated to grow at a CAGR of 11.80% from 2024 to 2030.

Shareholder Alert: Ademi LLP Investigates Whether Avid Bioservices, Inc. Is Obtaining a Fair Price for Its Public Shareholders
Shareholder Alert: Ademi LLP Investigates Whether Avid Bioservices, Inc. Is Obtaining a Fair Price for Its Public Shareholders
Shareholder Alert: Ademi LLP Investigates Whether Avid Bioservices, Inc. Is Obtaining a Fair Price for Its Public Shareholders
CDMO
businesswire.com08 November 2024

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Avid (NASDAQ: CDMO) for possible breaches of fiduciary duty and other violations of law in its transaction with GHO and Ampersand. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, stockholders of Avid will receive only $12.50 per share in an all-cash transaction valued at approximatel.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Avid Bioservices, Inc.
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Avid Bioservices, Inc.
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Avid Bioservices, Inc.
CDMO
prnewswire.com07 November 2024

NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Avid Bioservices, Inc. (NASDAQ: CDMO) and its board of directors concerning the proposed acquisition of the company by GHO Capital Partners LLP and Ampersand Capital Partners. Stockholders will receive $12.50 for each share of Avid Bioservices stock that they hold.

CDMO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Avid Bioservices to GHO Capital Partners and Ampersand Capital Partners
CDMO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Avid Bioservices to GHO Capital Partners and Ampersand Capital Partners
CDMO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Avid Bioservices to GHO Capital Partners and Ampersand Capital Partners
CDMO
globenewswire.com07 November 2024

MONSEY, New York, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Avid Bioservices (Nasdaq: CDMO) (“Avid”) to GHO Capital Partners (“GHO”) and Ampersand Capital Partners (“Ampersand”) for $12.50 per share in cash. The sale price is below the price target for Avid of $14.00 per share of Wall Street analyst Paul Knight of KeyBanc (source: TipRanks).

Oxford Biomedica rebrands as OXB reinforcing transformation into leading global cell and gene therapy CDMO
Oxford Biomedica rebrands as OXB reinforcing transformation into leading global cell and gene therapy CDMO
Oxford Biomedica rebrands as OXB reinforcing transformation into leading global cell and gene therapy CDMO
CDMO
globenewswire.com18 September 2024

Oxford Biomedica rebrands as OXB reinforcing transformation into leading global cell and gene therapy CDMO

Avid Bioservices to Participate in Craig-Hallum Bioprocessing Conference
Avid Bioservices to Participate in Craig-Hallum Bioprocessing Conference
Avid Bioservices to Participate in Craig-Hallum Bioprocessing Conference
CDMO
globenewswire.com12 September 2024

TUSTIN, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ: CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced that the company will participate in the upcoming Craig-Hallum Bioprocessing Conference. Nick Green, president and chief executive officer, and Pramthesh Patel, Ph.D., vice president of process development, will be the featured speakers in a fireside chat at the conference, which will take place virtually on September 19, 2024.

Avid Bioservices, Inc. (CDMO) Q1 2025 Earnings Call Transcript
Avid Bioservices, Inc. (CDMO) Q1 2025 Earnings Call Transcript
Avid Bioservices, Inc. (CDMO) Q1 2025 Earnings Call Transcript
CDMO
seekingalpha.com09 September 2024

Avid Bioservices, Inc. (NASDAQ:CDMO ) Q1 2025 Earnings Conference Call September 9, 2024 4:30 PM ET Company Participants Tim Brons - IR, Vida Strategic Partners Nick Green - President and CEO Dan Hart - CFO Matt Kwietniak - Chief Commercial Officer Conference Call Participants Sean Dodge - RBC Capital Markets Matt Hewitt - Craig-Hallum Capital Group Paul Knight - KeyBanc Capital Markets Max Smock - William Blair Operator Good day and thank you for standing by. Welcome to the Avid Bioservices First Quarter Fiscal Year 2025 Financial Results Conference Call.

Avid Bioservices to Report Financial Results for First Quarter of Fiscal Year 2025 After Market Close on September 9, 2024
Avid Bioservices to Report Financial Results for First Quarter of Fiscal Year 2025 After Market Close on September 9, 2024
Avid Bioservices to Report Financial Results for First Quarter of Fiscal Year 2025 After Market Close on September 9, 2024
CDMO
globenewswire.com03 September 2024

TUSTIN, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality services to biotechnology and pharmaceutical companies, today announced that it will report financial results for the first quarter of fiscal year 2025 on September 9, 2024, after market close and will host a webcast at 1:30 PM Pacific Time (4:30 PM Eastern Time). Members of Avid's senior management will discuss financial results for the first quarter and review recent corporate developments.

Lifecore Biomedical Announces Chief Financial Officer Transition
Lifecore Biomedical Announces Chief Financial Officer Transition
Lifecore Biomedical Announces Chief Financial Officer Transition
CDMO
globenewswire.com29 August 2024

Experienced CDMO Industry Financial Executive Ryan Lake Appointed CFO Experienced CDMO Industry Financial Executive Ryan Lake Appointed CFO

FAQ

  • What is the primary business of Avid Bioservices?
  • What is the ticker symbol for Avid Bioservices?
  • Does Avid Bioservices pay dividends?
  • What sector is Avid Bioservices in?
  • What industry is Avid Bioservices in?
  • What country is Avid Bioservices based in?
  • When did Avid Bioservices go public?
  • Is Avid Bioservices in the S&P 500?
  • Is Avid Bioservices in the NASDAQ 100?
  • Is Avid Bioservices in the Dow Jones?
  • When was Avid Bioservices's last earnings report?
  • When does Avid Bioservices report earnings?
  • Should I buy Avid Bioservices stock now?

What is the primary business of Avid Bioservices?

Avid Bioservices is a Contract Development and Manufacturing Organization (CDMO) that specializes in biopharmaceuticals. They provide services for the development and production of biologic drugs, including monoclonal antibodies and proteins, helping companies bring their therapies to market efficiently and effectively.

What is the ticker symbol for Avid Bioservices?

The ticker symbol for Avid Bioservices is NASDAQ:CDMO

Does Avid Bioservices pay dividends?

No, Avid Bioservices does not pay dividends

What sector is Avid Bioservices in?

Avid Bioservices is in the Healthcare sector

What industry is Avid Bioservices in?

Avid Bioservices is in the Biotechnology industry

What country is Avid Bioservices based in?

Avid Bioservices is headquartered in United States

When did Avid Bioservices go public?

Avid Bioservices's initial public offering (IPO) was on 04 April 1994

Is Avid Bioservices in the S&P 500?

No, Avid Bioservices is not included in the S&P 500 index

Is Avid Bioservices in the NASDAQ 100?

No, Avid Bioservices is not included in the NASDAQ 100 index

Is Avid Bioservices in the Dow Jones?

No, Avid Bioservices is not included in the Dow Jones index

When was Avid Bioservices's last earnings report?

Avid Bioservices's most recent earnings report was on 9 September 2024

When does Avid Bioservices report earnings?

The next expected earnings date for Avid Bioservices is 6 December 2024

Should I buy Avid Bioservices stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions