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Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
NASDAQ:AVTA

Avantax (AVTA) Stock Forecast, Price & News

$25.59
+0.07 (+0.27%)
(As of 09/25/2023 ET)
Compare
Today's Range
$25.52
$25.64
50-Day Range
$19.85
$26.21
52-Week Range
$17.94
$30.23
Volume
306,785 shs
Average Volume
523,718 shs
Market Capitalization
$940.69 million
P/E Ratio
3.49
Dividend Yield
N/A
Price Target
$28.67

Avantax MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
12.0% Upside
$28.67 Price Target
Short Interest
Healthy
3.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
132.43%
From $0.37 to $0.86 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Finance Sector

658th out of 836 stocks

Nondepository Credit Institutions Industry

20th out of 44 stocks


AVTA stock logo

About Avantax (NASDAQ:AVTA) Stock

Avantax, Inc. provides wealth management solutions to consumers, small business owners, tax professionals, financial professionals, and certified public accounting firms in the United States. The company offers an integrated platform of technical, practice, compliance, operations, sales, and product support tools that enable to offer tax-advantaged planning, investing, and wealth management services. It also provides financial planning and advisory services, and retirement plan solutions. The company was formerly known as Blucora, Inc. and changed its name to Avantax, Inc. in January 2023. Avantax, Inc. was founded in 1983 and is headquartered in Dallas, Texas.

AVTA Price History

AVTA Stock News Headlines

WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
Cash Windfall For Avantax Stockholders - Stock Jumps On Buyout Deal
Cetera to Buy Avantax in $1.2 Billion Deal
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
Avantax to go private in deal valued at $1.2B
Avantax to Go Private in $1.2 Billion Deal >AVTA
Avantax Enters into Definitive Agreement to be Acquired by Cetera Holdings
Avantax (NASDAQ: AVTA)
Why Avantax Stock Was Down 19.9% This Week
Barrington Reaffirms Their Buy Rating on Avantax (AVTA)
Avantax: Q2 Earnings Snapshot
Avantax Reports Second Quarter 2023 Results
See More Headlines
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AVTA Company Calendar

Last Earnings
8/09/2023
Today
9/25/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:AVTA
Employees
727
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$28.67
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+12.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$420.25 million
Pretax Margin
1.38%

Debt

Sales & Book Value

Annual Sales
$702.33 million
Cash Flow
$0.85 per share
Book Value
$15.44 per share

Miscellaneous

Free Float
35,514,000
Market Cap
$940.69 million
Optionable
Optionable
Beta
1.28
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Key Executives

  • Mr. Christopher W. Walters (Age 49)
    Pres, CEO & Exec. Director
    Comp: $2.35M
  • Mr. Marc Mehlman (Age 46)
    CFO & Treasurer
    Comp: $1.11M
  • Mr. Todd Christopher Mackay A.B. (Age 48)
    B.A., Pres of Wealth Management
    Comp: $1.02M
  • Jennifer Hutchins
    Co-Chief Investment Officer
  • Mr. Ivan Paul Gruhl C.F.A.
    VP & Co-Chief Investment Officer
  • Mr. Chris McClellen
    Chief Technology Officer
  • Dee Littrell
    Investor Relations
  • Ms. Tabitha T. Bailey (Age 37)
    Chief Legal Officer & Corp. Sec.
  • Ms. Melissa Loner
    VP & Chief Compliance Officer
  • Blynn Austin
    VP of Communications













AVTA Stock - Frequently Asked Questions

Should I buy or sell Avantax stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avantax in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AVTA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVTA, but not buy additional shares or sell existing shares.
View AVTA analyst ratings
or view top-rated stocks.

What is Avantax's stock price forecast for 2023?

4 analysts have issued 1-year price objectives for Avantax's stock. Their AVTA share price forecasts range from $26.00 to $30.00. On average, they predict the company's stock price to reach $28.67 in the next year. This suggests a possible upside of 12.0% from the stock's current price.
View analysts price targets for AVTA
or view top-rated stocks among Wall Street analysts.

How have AVTA shares performed in 2023?

Avantax's stock was trading at $28.90 at the start of the year. Since then, AVTA shares have decreased by 11.5% and is now trading at $25.59.
View the best growth stocks for 2023 here
.

Are investors shorting Avantax?

Avantax saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,120,000 shares, an increase of 34.4% from the August 15th total of 833,500 shares. Based on an average daily volume of 424,100 shares, the short-interest ratio is presently 2.6 days. Currently, 3.2% of the company's shares are short sold.
View Avantax's Short Interest
.

When is Avantax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our AVTA earnings forecast
.

How were Avantax's earnings last quarter?

Avantax, Inc. (NASDAQ:AVTA) posted its quarterly earnings data on Wednesday, August, 9th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.08. The business earned $186.93 million during the quarter, compared to analysts' expectations of $187.91 million. Avantax had a net margin of 49.57% and a negative trailing twelve-month return on equity of 2.52%.

What ETFs hold Avantax's stock?

ETFs with the largest weight of Avantax (NASDAQ:AVTA) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), Syntax Stratified SmallCap ETF (SSLY) and Global X FinTech Thematic ETF (FINX).iShares Micro-Cap ETF (IWC).

What guidance has Avantax issued on next quarter's earnings?

Avantax issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of $1.22-$1.30 for the period, compared to the consensus earnings per share estimate of $0.60. The company issued revenue guidance of $753.00 million-$756.00 million, compared to the consensus revenue estimate of $755.33 million.

What is Avantax's stock symbol?

Avantax trades on the NASDAQ under the ticker symbol "AVTA."

Who are Avantax's major shareholders?

Avantax's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (16.31%), Van Berkom & Associates Inc. (5.69%), Dimensional Fund Advisors LP (4.27%), State Street Corp (4.11%), Renaissance Technologies LLC (2.37%) and Engine Capital Management LP (2.38%).
View institutional ownership trends
.

How do I buy shares of Avantax?

Shares of AVTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Avantax's stock price today?

One share of AVTA stock can currently be purchased for approximately $25.59.

How much money does Avantax make?

Avantax (NASDAQ:AVTA) has a market capitalization of $940.69 million and generates $702.33 million in revenue each year. The company earns $420.25 million in net income (profit) each year or $7.33 on an earnings per share basis.

How many employees does Avantax have?

The company employs 727 workers across the globe.

How can I contact Avantax?

Avantax's mailing address is 3200 Olympus Blvd Suite 100, Dallas TX, 75019. The official website for the company is www.blucora.com. The company can be reached via phone at (972) 870-6400, via email at ir@blucora.com, or via fax at 425-201-6150.

This page (NASDAQ:AVTA) was last updated on 9/26/2023 by MarketBeat.com Staff

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