Avalara Stock Price, News & Analysis (NYSE:AVLR)

$79.07
-0.02 (-0.03 %)
(As of 09/23/2019 06:53 AM ET)
Today's Range
$77.06
Now: $79.07
$80.85
50-Day Range
$71.90
MA: $82.10
$90.85
52-Week Range
$28.09
Now: $79.07
$94.31
Volume2.67 million shs
Average Volume1.16 million shs
Market Capitalization$5.97 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.59
Avalara, Inc provides cloud-based solutions for transaction tax compliance worldwide. It offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
CIKN/A
Phone206-826-4900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$272.10 million
Book Value$1.65 per share

Profitability

Net Income$-75,550,000.00

Miscellaneous

Employees1,592
Market Cap$5.97 billion
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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Avalara (NYSE:AVLR) Frequently Asked Questions

What is Avalara's stock symbol?

Avalara trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVLR."

How were Avalara's earnings last quarter?

Avalara Inc (NYSE:AVLR) issued its quarterly earnings results on Wednesday, August, 7th. The company reported ($0.03) EPS for the quarter, topping the Zacks' consensus estimate of ($0.11) by $0.08. The business had revenue of $91.30 million for the quarter, compared to analyst estimates of $84.63 million. Avalara had a negative return on equity of 23.05% and a negative net margin of 20.13%. Avalara's quarterly revenue was up 42.9% compared to the same quarter last year. During the same period last year, the company posted ($0.19) earnings per share. View Avalara's Earnings History.

When is Avalara's next earnings date?

Avalara is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Avalara.

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

Avalara updated its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $92.5-93.5 million, compared to the consensus revenue estimate of $86.42 million.

What price target have analysts set for AVLR?

12 Wall Street analysts have issued twelve-month price objectives for Avalara's shares. Their forecasts range from $5.40 to $105.00. On average, they anticipate Avalara's share price to reach $84.7636 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for Avalara.

What is the consensus analysts' recommendation for Avalara?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avalara in the last year. There are currently 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Avalara.

What are Wall Street analysts saying about Avalara stock?

Here are some recent quotes from research analysts about Avalara stock:
  • 1. According to Zacks Investment Research, "Avalara Inc. is a provider of cloud-based tax compliance solutions. It offers businesses of all sizes achieve compliance with transaction taxes including sales and use, VAT, excise, communications and other tax types. Avalara Inc. is based in Seattle, United States. " (7/26/2019)
  • 2. KeyCorp analysts commented, "We are raising estimates on improving demand fundamentals and increasing our price target to $54 from $48. We would continue to Overweight AVLR as one of the top cloud software ideas to own for 2019 based on a multi-year growth opportunity within sales tax compliance." (2/12/2019)

Has Avalara been receiving favorable news coverage?

Press coverage about AVLR stock has trended somewhat negative on Monday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Avalara earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Avalara.

Are investors shorting Avalara?

Avalara saw a increase in short interest in August. As of August 31st, there was short interest totalling 1,753,700 shares, an increase of 5.9% from the July 31st total of 1,655,800 shares. Based on an average daily volume of 1,170,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 2.8% of the company's stock are sold short. View Avalara's Current Options Chain.

Who are some of Avalara's key competitors?

What other stocks do shareholders of Avalara own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Avalara investors own include Alibaba Group (BABA), Walmart (WMT), Johnson & Johnson (JNJ), Twilio (TWLO), Micron Technology (MU), Bank of America (BAC), Advanced Micro Devices (AMD), Cisco Systems (CSCO), NVIDIA (NVDA) and Roku (ROKU).

Who are Avalara's key executives?

Avalara's management team includes the folowing people:
  • Mr. Scott M. McFarlane, Co-Founder, Chairman & CEO (Age 62)
  • Mr. William D. Ingram, CFO & Treasurer (Age 62)
  • Mr. Pascal Van Dooren, Exec. VP of International (Age 51)
  • Mr. Amit Mathradas, Pres & COO (Age 44)
  • Mr. Daniel E. Manning, Chief Accounting Officer (Age 48)

When did Avalara IPO?

(AVLR) raised $150 million in an initial public offering (IPO) on Friday, June 15th 2018. The company issued 7,500,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan Securities and BofA Merrill Lynch served as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets and Stifel were co-managers.

Who are Avalara's major shareholders?

Avalara's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.75%), Kayne Anderson Rudnick Investment Management LLC (3.97%), Whale Rock Capital Management LLC (3.72%), BlackRock Inc. (3.33%), Janus Henderson Group PLC (3.16%) and Janus Henderson Group PLC (3.16%). Company insiders that own Avalara stock include Alesia Lee Pinney, Benjamin J Goux, Chelsea R Stoner, Daniel E Manning, Edward A Gilhuly, Jared R Vogt, Pincus & Co Warburg, Scott M Mcfarlane and William Ingram. View Institutional Ownership Trends for Avalara.

Which institutional investors are selling Avalara stock?

AVLR stock was sold by a variety of institutional investors in the last quarter, including Warburg Pincus LLC, Vista Equity Partners Management LLC, Price T Rowe Associates Inc. MD, Invesco Ltd., Landscape Capital Management L.L.C., Trexquant Investment LP, Clarius Group LLC and Royal Bank of Canada. Company insiders that have sold Avalara company stock in the last year include Alesia Lee Pinney, Benjamin J Goux, Chelsea R Stoner, Daniel E Manning, Edward A Gilhuly, Pincus & Co Warburg, Scott M Mcfarlane and William Ingram. View Insider Buying and Selling for Avalara.

Which institutional investors are buying Avalara stock?

AVLR stock was acquired by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, Vanguard Group Inc., William Blair Investment Management LLC, Renaissance Technologies LLC, Morgan Stanley, Dorsey Asset Management LLC, Janus Henderson Group PLC and Janus Henderson Group PLC. View Insider Buying and Selling for Avalara.

How do I buy shares of Avalara?

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

What is Avalara's stock price today?

One share of AVLR stock can currently be purchased for approximately $79.07.

How big of a company is Avalara?

Avalara has a market capitalization of $5.97 billion and generates $272.10 million in revenue each year. The company earns $-75,550,000.00 in net income (profit) each year or ($1.08) on an earnings per share basis. Avalara employs 1,592 workers across the globe.View Additional Information About Avalara.

What is Avalara's official website?

The official website for Avalara is http://www.avalara.com/.

How can I contact Avalara?

Avalara's mailing address is 255 SOUTH KING STREET SUITE 1800, SEATTLE WA, 98104. The company can be reached via phone at 206-826-4900 or via email at [email protected]


MarketBeat Community Rating for Avalara (NYSE AVLR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  146 (Thanks for Voting!)
Underperform Votes:  111 (Thanks for Voting!)
Total Votes:  257
MarketBeat's community ratings are surveys of what our community members think about Avalara and other stocks. Vote "Outperform" if you believe AVLR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVLR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/23/2019 by MarketBeat.com Staff

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