Analysts await Avid Technology, Inc. (NASDAQ:AVID) to report earnings on Mar, 15 for the fiscal quarter ending Dec 2015.

They expect $0.37 EPS, up 83.78% or $0.31 from last year’s $0.06 per share.

At the moment 4 analysts are watching Avid Technology, Inc. (NASDAQ:AVID), 2 rate it “Buy”, 1 “Outperform”, 1 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Mar-16, 4 analysts have a mean sales target of 123.67 million. For the quarter ending Jun-16, 4 analysts have a mean sales target of 119.30 million whilst for the year ending Dec-16, 4 analysts have a mean target of 525.58 million.

In terms of earnings per share, 2 analysts have a 0.16 EPS mean target for the quarter ending Mar-16, for the quarter ending Jun-16, 2 analysts have a 0.18 EPS mean target and for the quarter ending Jun-16 there are 2 estimates of 1.09 EPS.

Total shares held by institutions as of the most recent company filings are 40,210,930 with a reported 6,645,643 bought and 3,604,738 sold. These holdings make up 69.28% of the company’s outstanding shares.

The stock increased 0.00% or $0 during the last trading session, hitting $7.80. Avid Technology, Inc. (NASDAQ:AVID) has fallen 11.41% over the past 6 months and is downtrending.