NYSE:AVLR

Avalara Stock Forecast, Price & News

$151.01
+8.45 (+5.93 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$141.24
$151.77
50-Day Range
$120.91
$152.59
52-Week Range
$114.22
$185.37
Volume1.07 million shs
Average Volume816,579 shs
Market Capitalization$12.98 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.7
30 days | 90 days | 365 days | Advanced Chart
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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 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 for processing and storing transactions on-site for regularly scheduled uploads to AvaTax; Avalara Licensing, an online platform for business licenses and sales tax registrations; VAT Expert, a Web-based solution that checks the validity of customer and supplier value-added tax (VAT) numbers and provides VAT determinations in the form of invoices; and Brazilian tax compliance solutions that address the Brazilian transaction tax regimes through electronic compliance report validation, electronic invoice authentication and preparation, tax determination, and returns preparation; and Avalara Item Classification, a solution that addresses the process of assigning proper country-specific Harmonized System codes to products. 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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MarketRank

Overall MarketRank

1.55 out of 5 stars

Computer And Technology Sector

341st out of 1,586 stocks

Prepackaged Software Industry

84th out of 311 stocks

Analyst Opinion: 2.5Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Avalara (NYSE:AVLR) Frequently Asked Questions

Is Avalara a buy right now?

13 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 12 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.

What stocks does MarketBeat like better than Avalara?

Wall Street analysts have given Avalara a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Avalara wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Avalara?

Avalara saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 3,310,000 shares, an increase of 56.1% from the April 29th total of 2,120,000 shares. Based on an average daily trading volume, of 881,100 shares, the days-to-cover ratio is presently 3.8 days.
View Avalara's Short Interest
.

When is Avalara's next earnings date?

Avalara is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Avalara
.

How were Avalara's earnings last quarter?

Avalara, Inc. (NYSE:AVLR) released its earnings results on Thursday, May, 6th. The company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.28) by $0.20. The company earned $153.60 million during the quarter, compared to the consensus estimate of $143.12 million. Avalara had a negative trailing twelve-month return on equity of 5.43% and a negative net margin of 11.77%. The business's quarterly revenue was up 37.9% on a year-over-year basis. During the same period last year, the company earned ($0.05) EPS.
View Avalara's earnings history
.

How has Avalara's stock price been impacted by Coronavirus?

Avalara's stock was trading at $73.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AVLR stock has increased by 106.4% and is now trading at $151.01.
View which stocks have been most impacted by COVID-19
.

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

Avalara issued an update on its second quarter 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $153 million-$155 million, compared to the consensus revenue estimate of $148.25 million.

What price target have analysts set for AVLR?

13 equities research analysts have issued 12-month price objectives for Avalara's stock. Their forecasts range from $140.00 to $220.00. On average, they anticipate Avalara's share price to reach $181.13 in the next year. This suggests a possible upside of 19.9% 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:
  • Mr. Scott M. McFarlane, Co-Founder, Chairman & CEO (Age 63, Pay $1.38M)
  • Mr. Amit Mathradas, Pres & COO (Age 46, Pay $1.25M)
  • Mr. Jared R. Vogt, Co-Founder & Member of Advisory Board (Age 52, Pay $1.26M)
  • Ms. Alesia L. Pinney, Exec. VP, Chief Legal Officer, and Sec. (Age 57, Pay $546.43k)
  • Mr. Ross Tennenbaum, CFO & Treasurer (Age 43)
  • Mr. Daniel E. Manning, Chief Accounting Officer (Age 50)
  • Mr. Daniel Fields, Exec. VP & CTO (Age 52)
  • Ms. Jennifer Gianola, VP of Investor Relations
  • Ms. Liz Armbruester, Sr. VP of Global Compliance
  • Mr. Greg Stivers, Sr. VP of Sales

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.

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 NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Square (SQ), Micron Technology (MU), Twilio (TWLO), Roku (ROKU), salesforce.com (CRM), Splunk (SPLK) and PayPal (PYPL).

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 $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.

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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.51%), Price T Rowe Associates Inc. MD (6.68%), Kayne Anderson Rudnick Investment Management LLC (3.88%), Franklin Resources Inc. (3.75%), Janus Henderson Group PLC (3.55%) and Fred Alger Management LLC (2.57%). Company insiders that own Avalara stock include Alesia Lee Pinney, Amit Mathradas, Chelsea R Stoner, Daniel E Manning, Edward A Gilhuly, Justin Sadrian, Kathleen Zwickert, Marion R Foote, Ross Tennenbaum, Scott M Mcfarlane, Scott M Mcfarlane and William Ingram.
View institutional ownership trends for Avalara
.

Which major investors are selling Avalara stock?

AVLR stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Putnam Investments LLC, Morgan Stanley, Kayne Anderson Rudnick Investment Management LLC, Janus Henderson Group PLC, Lord Abbett & CO. LLC, Tensile Capital Management LP, and Wasatch Advisors Inc.. Company insiders that have sold Avalara company stock in the last year include Alesia Lee Pinney, Amit Mathradas, Daniel E Manning, Kathleen Zwickert, Marion R Foote, Ross Tennenbaum, Scott M Mcfarlane, and William Ingram.
View insider buying and selling activity for Avalara
or view top insider-selling stocks.

Which major investors are buying Avalara stock?

AVLR stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Franklin Resources Inc., Fred Alger Management LLC, Bamco Inc. NY, Assenagon Asset Management S.A., Wellington Shields Capital Management LLC, and Ameriprise Financial 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 $151.01.

How much money does Avalara make?

Avalara has a market capitalization of $12.98 billion and generates $500.57 million in revenue each year. The company earns $-49,180,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis.

How many employees does Avalara have?

Avalara employs 3,351 workers across the globe.

What is Avalara's official website?

The official website for Avalara is www.avalara.com.

Where are Avalara's headquarters?

Avalara is headquartered at 255 SOUTH KING STREET SUITE 1800, SEATTLE WA, 98104.

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 6/18/2021 by MarketBeat.com Staff
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