Avaya Holdings Corp. (AVYA) will probably climb 44.75 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $32 price as 12-month high target. This represents a whopping 97.78 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $21, which represents a return potential of 29.79 percent when compared to the closing price of the stock of $16.18 on Wednesday, February 13. The lowest price target for the stock is $17.5 — slightly more than 8.16 percent from AVYA’s current share price.
The stock is currently hovering around the first support level of $15.73. Below this, the next support is placed in the zone of $15.29. Till the time, the AVYA stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 46.92 on daily chart, which may remain a cause for concern. If the price breaks below $15.29 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $16.41 mark may result into a pull-back move towards $16.65 level.
On 13th of February, Avaya Holdings Corp. (NYSE:AVYA) shares ended higher after a volatile session. The shares accumulated 0.71 points or 4.59 percent at $16.18 with a heavy trade volume of 1.471 million shares. After opening the session at $15.6, the shares went as high as $16.2 and as low as $15.52, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $1.77 billion and now has 109.66 million shares outstanding. Avaya Holdings Corp. (AVYA) stock has gained 3.85 percent of market value in 21 trading days.
AVYA stock has a trailing 3-year beta of 0, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $27.28 a share in the trailing twelve months. The stock’s value has surged 11.13 percent year to date (YTD) against a decline of -22.95 percent in 12 month’s time. The company’s shares still trade -31.9 percent away from its 1-year high of $23.76 and 15.9 percent up from 52-week low of $13.96. The average consensus rating on the company is 2.5, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.
Shares of Avaya Holdings Corp. (AVYA) are trading at a P/E ratio of 30.84 times earnings reported for the past 12 months. The industry AVYA operates in has an average P/E of 17.54. Its P/E ratio went as low as 0.82X and as high as 0.82 over the 5-year span. Further, it is sporting a 0.62 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1.79. 52.8 percent is the gross profit margin for Avaya Holdings Corp. and operating margin sits at 0 percent. Along with this, the net profit margin is 0 percent.
Let’s take a look at some insider activity at Avaya Holdings Corp. (NYSE:AVYA) and see the pattern.