NYSE:AVLR - Avalara Stock Price, News, & Analysis

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$29.74 -0.11 (-0.37 %)
(As of 12/13/2018 06:06 AM ET)
Previous Close$29.85
Today's Range$29.69 - $30.85
52-Week Range$28.09 - $59.40
Volume1.16 million shs
Average Volume254,479 shs
Market Capitalization$1.99 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Avalara, Inc. provides transaction tax compliance cloud-based solutions 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. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Returns for tax return preparation, filing, and remittance; and Avalara Compliance Document Management solution, which creates, validates, stores, and manages sales tax exemption and reseller certificates. It also provides professional services, including nexus studies and analysis, voluntary compliance initiatives, tax registrations, and specialized tax research; MatrixMaster, a product taxability database for retail operations; Avalara CloudConnect, a hardware device; VAT Expert, a web-based solution that checks the validity of customer and supplier VAT numbers and provides VAT determinations in the form of invoices; and Brazilian tax compliance solutions that address the Brazilian transaction tax regimes. 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:AVLR
Previous Symbol
CUSIPN/A
Phone206-826-4900

Debt

Debt-to-Equity RatioN/A
Current Ratio1.20
Quick Ratio1.20

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$213.15 million
Price / Sales9.28
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees1,495
Outstanding Shares66,500,000
Market Cap$1.99 billion
OptionableOptionable

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) announced its earnings results on Wednesday, November, 7th. The company reported ($0.20) EPS for the quarter, missing the Zacks' consensus estimate of ($0.18) by $0.02. The business had revenue of $69.50 million for the quarter, compared to analyst estimates of $66.27 million. Avalara's revenue was up 25.7% compared to the same quarter last year. View Avalara's Earnings History.

When is Avalara's next earnings date?

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

What price target have analysts set for AVLR?

6 equities research analysts have issued twelve-month target prices for Avalara's shares. Their forecasts range from $38.00 to $47.00. On average, they expect Avalara's stock price to reach $42.50 in the next year. This suggests a possible upside of 42.9% from the stock's current price. View Analyst Price Targets for Avalara.

What is the consensus analysts' recommendation for Avalara?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avalara in the last year. There are currently 3 hold ratings and 3 buy ratings 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. " (12/10/2018)
  • 2. KeyCorp analysts commented, "We attended an Avalara user group meeting last Thursday in San Francisco. Two things stood out from discussions with customers and partners: 1) the Wayfair ruling is not only driving interest across new customers, but there is also an incremental upsell opportunity with existing customers; and 2) we came away surprised by the number of large enterprises in attendance. This event reinforces our confidence in the market opportunity tied to sales tax compliance and the potential upside levers to Avalara’s model over the next four quarters. Wayfair ruling could increase the land and expand opportunities. Last week’s user event exposed a strong desire to automate sales tax functions to help ensure compliance with the quickly changing tax landscape." (10/14/2018)

Has Avalara been receiving favorable news coverage?

News coverage about AVLR stock has been trending neutral on Thursday, according to InfoTrie Sentiment. The research firm 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 0.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near future.

Who are some of Avalara's key competitors?

Who are Avalara's key executives?

Avalara's management team includes the folowing people:
  • Mr. Scott M. McFarlane, Co-Founder, Chairman, CEO & Pres (Age 60)
  • Mr. William D. Ingram, CFO & Treasurer (Age 61)
  • Mr. Pascal Van Dooren, Exec. VP & Chief Revenue Officer (Age 51)
  • Mr. Jared R. Vogt, Founder - Special Projects & Director (Age 49)
  • Mr. Daniel E. Manning, Chief Accounting Officer (Age 47)

When did Avalara IPO?

(AVLR) raised $150 million in an 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.

When did Avalara's lock-up period expire?

Avalara's lock-up period expired on Wednesday, December 12th. Avalara had issued 7,500,000 shares in its public offering on June 15th. The total size of the offering was $180,000,000 based on an initial share price of $24.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the expiration of the lock-up period.

Who are Avalara's major shareholders?

Avalara's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.51%), Vanguard Group Inc. (1.17%), EastBay Asset Management LLC (0.91%), FMR LLC (0.26%), Osterweis Capital Management Inc. (0.21%) and Point72 Asset Management L.P. (0.20%). 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 Laurion Capital Management LP, Franklin Resources Inc., FMR LLC, Marshall Wace North America L.P. and Cambridge Investment Research Advisors Inc.. 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 EastBay Asset Management LLC, BlackRock Inc., Vanguard Group Inc., Osterweis Capital Management Inc., Point72 Asset Management L.P., Essex Investment Management Co. LLC, Janus Henderson Group PLC and Bank of New York Mellon Corp. 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, Scottrade, Fidelity and Charles Schwab.

What is Avalara's stock price today?

One share of AVLR stock can currently be purchased for approximately $29.74.

How big of a company is Avalara?

Avalara has a market capitalization of $1.99 billion and generates $213.15 million in revenue each year. Avalara employs 1,495 workers across the globe.

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:  2.7 out of 5 (star star)
Outperform Votes:  47 (Vote Outperform)
Underperform Votes:  40 (Vote Underperform)
Total Votes:  87
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 12/13/2018 by MarketBeat.com Staff

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