S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:AVLR

Avalara (AVLR) Stock Forecast, Price & News

$80.62
+1.32 (+1.66%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$77.54
$83.15
50-Day Range
$69.98
$107.35
52-Week Range
$67.59
$191.67
Volume
987,919 shs
Average Volume
1.18 million shs
Market Capitalization
$7.08 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
0.94
30 days | 90 days | 365 days | Advanced Chart
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Avalara logo

About Avalara

Avalara, Inc., together with its subsidiaries, provides cloud-based solutions for transaction tax compliance worldwide. The company 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. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Compliance Cloud Returns for tax return preparation, filing, and remittance; which creates, validates, stores, and manages sales tax exemption. It also provides professional services, including nexus studies and back filing services, voluntary compliance initiatives, tax registrations, reverse audits, audit defense, and specialized tax research. The company was formerly known as Advantage Solutions, Inc. and changed its name to Avalara, Inc. in December 2005. Avalara, Inc. was incorporated in 1999 and is headquartered in Seattle, Washington.

Headlines

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Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
4,465
Year Founded
N/A

Sales & Book Value

Annual Sales
$698.98 million
Book Value
$11.79 per share

Profitability

Net Income
$-125.23 million
Pretax Margin
-16.87%

Debt

Price-To-Earnings

Miscellaneous

Free Float
69,322,000
Market Cap
$7.08 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/05/2022
Today
5/21/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.64 out of 5 stars

Computer And Technology Sector

147th out of 924 stocks

Prepackaged Software Industry

32nd out of 297 stocks

Analyst Opinion: 3.5Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 0.6 5 -4 -3 -2 -1 -













Avalara (NYSE:AVLR) Frequently Asked Questions

Is Avalara a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Avalara in the last year. There are currently 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Avalara stock.
View analyst ratings for Avalara
or view top-rated stocks.

When is Avalara's next earnings date?

Avalara is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Avalara
.

How were Avalara's earnings last quarter?

Avalara, Inc. (NYSE:AVLR) released its quarterly earnings data on Thursday, May, 5th. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.20. The firm earned $204.53 million during the quarter, compared to analyst estimates of $198.07 million. Avalara had a negative net margin of 17.04% and a negative trailing twelve-month return on equity of 9.62%. The firm's revenue was up 33.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.30) earnings per share.
View Avalara's earnings history
.

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

Avalara updated its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $208.00 million-$210.00 million, compared to the consensus revenue estimate of $205.65 million.

What price target have analysts set for AVLR?

15 equities research analysts have issued twelve-month target prices for Avalara's shares. Their forecasts range from $100.00 to $200.00. On average, they expect Avalara's stock price to reach $150.93 in the next twelve months. This suggests a possible upside of 87.2% from the stock's current price.
View analysts' price targets for Avalara
or view top-rated stocks among Wall Street analysts.

Who are Avalara's key executives?
Avalara's management team includes the following people:
What is Scott McFarlane's approval rating as Avalara's CEO?

322 employees have rated Avalara CEO Scott McFarlane on Glassdoor.com. Scott McFarlane has an approval rating of 90% among Avalara's employees.

What other stocks do shareholders of Avalara own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Avalara investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Square (SQ), Micron Technology (MU), Twilio (TWLO), Roku (ROKU), Salesforce (CRM), Splunk (SPLK) and PayPal (PYPL).

When did Avalara IPO?

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

What is Avalara's stock symbol?

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

Who are Avalara's major shareholders?

Avalara's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.64%), BlackRock Inc. (7.74%), Wellington Management Group LLP (7.01%), Echo Street Capital Management LLC (2.27%), Parnassus Investments LLC (2.13%) and State Street Corp (1.99%). Company insiders that own Avalara stock include Alesia Lee Pinney, Amit Mathradas, Daniel E Manning, Kathleen Zwickert, Marion R Foote, Rajeev Singh, Ross Tennenbaum, Scott M Mcfarlane, 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 Wellington Management Group LLP, Invesco Ltd., CWM LLC, TimesSquare Capital Management LLC, Deccan Value Investors L.P., First Trust Advisors LP, Capital Research Global Investors, and CIBC Asset Management Inc. Company insiders that have sold Avalara company stock in the last year include Alesia Lee Pinney, Amit Mathradas, Daniel E Manning, Kathleen Zwickert, Rajeev Singh, Ross Tennenbaum, and Scott M Mcfarlane.
View insider buying and selling activity for Avalara
or view top insider-selling stocks.

Which institutional investors are buying Avalara stock?

AVLR stock was purchased by a variety of institutional investors in the last quarter, including Echo Street Capital Management LLC, Riverbridge Partners LLC, Lord Abbett & CO. LLC, Parnassus Investments LLC, RGM Capital LLC, Wasatch Advisors Inc., Royce & Associates LP, and Polar Asset Management Partners Inc..
View insider buying and selling activity for Avalara
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Avalara's stock price today?

One share of AVLR stock can currently be purchased for approximately $80.62.

How much money does Avalara make?

Avalara has a market capitalization of $7.08 billion and generates $698.98 million in revenue each year. The company earns $-125.23 million in net income (profit) each year or ($1.470010) on an earnings per share basis.

How many employees does Avalara have?

Avalara employs 4,465 workers across the globe.

What is Avalara's official website?

The official website for Avalara is 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].

This page was last updated on 5/21/2022 by MarketBeat.com Staff

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