NYSE:AVLR - Avalara Stock Price, News & Analysis

$85.32
+0.94 (+1.11 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$83.00
Now: $85.32
$86.88
50-Day Range
$71.72
MA: $82.18
$90.85
52-Week Range
$28.09
Now: $85.32
$94.31
Volume1.90 million shs
Average Volume928,651 shs
Market Capitalization$6.44 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$5.99 per share

Profitability

Net Income$-75,550,000.00

Miscellaneous

Employees1,592
Market Cap$6.44 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) posted its quarterly earnings data on Wednesday, August, 7th. The company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.11) by $0.08. The firm had revenue of $91.30 million for the quarter, compared to analyst estimates of $84.63 million. Avalara had a negative net margin of 20.13% and a negative return on equity of 23.05%. Avalara's quarterly revenue was up 42.9% on a year-over-year basis. During the same period last year, the firm posted ($0.19) EPS. 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?

10 analysts have issued 1 year price targets for Avalara's stock. Their forecasts range from $5.40 to $105.00. On average, they anticipate Avalara's stock price to reach $81.3778 in the next year. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Avalara.

What is the consensus analysts' recommendation for Avalara?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avalara in the last year. There are currently 9 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 been trending negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Avalara earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave news 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 near future. View News Stories for Avalara.

Are investors shorting Avalara?

Avalara saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 1,655,800 shares, a decrease of 27.0% from the June 30th total of 2,269,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 3.9% of the shares of the company 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), Johnson & Johnson (JNJ), Cisco Systems (CSCO), NVIDIA (NVDA), Home Depot (HD), Twilio (TWLO), Walmart (WMT), Thermo Fisher Scientific (TMO), Verizon Communications (VZ) and Honeywell International (HON).

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 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 acted 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 a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.75%), Whale Rock Capital Management LLC (3.72%), BlackRock Inc. (3.33%), Janus Henderson Group PLC (3.16%), Janus Henderson Group PLC (3.16%) and William Blair Investment Management LLC (2.70%). Company insiders that own Avalara stock include Alesia Lee Pinney, Benjamin J Goux, 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 US Bancorp DE. Company insiders that have sold Avalara company stock in the last year include Alesia Lee Pinney, Benjamin J Goux, 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 bought 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, Scottrade, Fidelity and Charles Schwab.

What is Avalara's stock price today?

One share of AVLR stock can currently be purchased for approximately $85.32.

How big of a company is Avalara?

Avalara has a market capitalization of $6.44 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:  128 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  226
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 8/17/2019 by MarketBeat.com Staff

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