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

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$54.51 -1.98 (-3.51 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$56.49
Today's Range$53.44 - $56.50
52-Week Range$28.09 - $59.40
Volume690,939 shs
Average Volume997,517 shs
Market Capitalization$3.79 billion
P/E Ratio-50.47
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

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

Miscellaneous

Employees1,592
Market Cap$3.79 billion
Next Earnings Date5/14/2019 (Estimated)
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 quarterly earnings results on Tuesday, February, 12th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.27) by $0.01. The business had revenue of $76.90 million for the quarter, compared to analysts' expectations of $71.24 million. The business's revenue was up 32.6% on a year-over-year basis. View Avalara's Earnings History.

When is Avalara's next earnings date?

Avalara is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Avalara.

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

Avalara issued an update on its FY 2019 earnings guidance on Tuesday, February, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $328-332 million, compared to the consensus revenue estimate of $319.82 million.Avalara also updated its Q1 2019 guidance to EPS.

What price target have analysts set for AVLR?

6 Wall Street analysts have issued 1-year target prices for Avalara's stock. Their forecasts range from $42.00 to $64.00. On average, they anticipate Avalara's stock price to reach $50.50 in the next year. This suggests that the stock has a possible downside of 7.4%. 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 1 hold rating and 5 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. 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)
  • 2. 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. " (1/1/2019)

Has Avalara been receiving favorable news coverage?

Media headlines about AVLR stock have trended positive this week, InfoTrie reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Avalara earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Avalara?

Avalara saw a decline in short interest in February. As of February 28th, there was short interest totalling 1,828,684 shares, a decline of 45.5% from the February 15th total of 3,358,450 shares. Based on an average trading volume of 1,585,395 shares, the days-to-cover ratio is presently 1.2 days. Approximately 4.2% of the company's shares 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 Intelsat (I), Micron Technology (MU), Bank of America (BAC), Advanced Micro Devices (AMD), Alibaba Group (BABA), First Data (FDC), NVIDIA (NVDA), Square (SQ), Fossil Group (FOSL) and Twilio (TWLO).

Who are Avalara's key executives?

Avalara's management team includes the folowing people:
  • Mr. Scott M. McFarlane, Co-Founder, Chairman, CEO & Pres (Age 61)
  • Mr. William D. Ingram, CFO & Treasurer (Age 62)
  • Mr. Pascal Van Dooren, Exec. VP & Chief Revenue Officer (Age 52)
  • Mr. Daniel E. Manning, Chief Accounting Officer (Age 48)
  • Mr. Daniel Fields, Exec. VP of Engineering & CTO (Age 50)

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 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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.66%), Tensile Capital Management LLC (1.27%), Kayne Anderson Rudnick Investment Management LLC (0.77%), Vista Equity Partners Management LLC (0.35%), FMR LLC (0.27%) and American Century Companies Inc. (0.24%). Company insiders that own Avalara stock include Alesia Lee Pinney, Benjamin J Goux, Edward A Gilhuly, Jared R Vogt, Pincus & Co Warburg and Scott M Mcfarlane. 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 Kayne Anderson Rudnick Investment Management LLC, Essex Investment Management Co. LLC and MetLife Investment Advisors LLC. Company insiders that have sold Avalara company stock in the last year include Alesia Lee Pinney, Benjamin J Goux, Edward A Gilhuly, Pincus & Co Warburg and Scott M Mcfarlane. View Insider Buying and Selling for Avalara.

Which major investors are buying Avalara stock?

AVLR stock was acquired by a variety of institutional investors in the last quarter, including Tensile Capital Management LLC, Vista Equity Partners Management LLC, Bank of New York Mellon Corp, American Century Companies Inc., BlackRock Inc., Clarius Group LLC, Segall Bryant & Hamill LLC and Millennium Management LLC. 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 $54.51.

How big of a company is Avalara?

Avalara has a market capitalization of $3.79 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.

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:  2.6 out of 5 (star star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  72 (Vote Underperform)
Total Votes:  153
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 3/22/2019 by MarketBeat.com Staff

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