Top-Rated Stocks NYSE:AVLR Avalara Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Avalara, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $73.74 -1.07 (-1.43%) (As of 06/29/2022 11:08 AM ET) Add Compare Share Today's Range$73.34▼$75.9650-Day Range$68.03▼$90.5052-Week Range$66.39▼$191.67Volume10,460 shsAverage Volume1.12 million shsMarket Capitalization$6.48 billionP/E RatioN/ADividend YieldN/APrice Target$150.93 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AVLR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Avalara and its competitors with MarketBeat's FREE daily newsletter. Email Address AVLR Stock Forecast (MarketRank)Overall MarketRank™2.30 out of 5 starsComputer And Technology Sector309th out of 937 stocksPrepackaged Software Industry87th out of 303 stocksAnalyst Opinion: 3.5Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 - 3.5 Analyst's Opinion Consensus RatingAvalara has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 14 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $150.93, Avalara has a forecasted upside of 104.8% from its current price of $73.70.Amount of Analyst CoverageAvalara has only been the subject of 2 research reports in the past 90 days. Previous Next 4.9 Community Rank Outperform VotesAvalara has received 264 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAvalara has received 96 “underperform” votes. (Add your “underperform” vote.)Community SentimentAvalara has received 73.33% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldAvalara does not currently pay a dividend.Dividend GrowthAvalara does not have a long track record of dividend growth. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Avalara insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,509,543.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Avalara is held by insiders.Percentage Held by Institutions92.20% of the stock of Avalara is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Avalara are expected to grow in the coming year, from ($1.38) to ($1.29) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Avalara is -50.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Avalara is -50.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAvalara has a P/B Ratio of 6.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Avalara (NYSE:AVLR)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.Read More AVLR Stock News HeadlinesJune 21, 2022 | finance.yahoo.comRent Responsibly Announces 2022 Partners and New Virtual Conference - Yahoo FinanceJune 15, 2022 | americanbankingnews.comScott M. Mcfarlane Sells 20,000 Shares of Avalara, Inc. (NYSE:AVLR) StockJune 8, 2022 | pymnts.comElastic Path Launches eCommerce Merchandising and Cataloging Platform - PYMNTS.comJune 1, 2022 | finance.yahoo.comDigital River Produces Triple Digit Growth in Q1 - Yahoo FinanceMay 26, 2022 | benzinga.comAvalara's Return on Invested Capital Overview - Benzinga - BenzingaMay 26, 2022 | finance.yahoo.comIs Avalara, Inc. (NYSE:AVLR) Trading At A 39% Discount?May 17, 2022 | finance.yahoo.comAvalara's (AVLR) New Product Simplifies Exemption Certificate CollectionMay 16, 2022 | businesswire.comAvalara Transfer Pricing Reports for Accountants Automates Transfer Pricing Documentation - Business WireMay 16, 2022 | finance.yahoo.comAvalara Transfer Pricing Reports for Accountants Automates Transfer Pricing DocumentationMay 16, 2022 | finance.yahoo.comAvalara Exemption Certificate Management Pro Drives Compliance Automation with Next-Generation TechnologyMay 11, 2022 | bizjournals.comAvalara names former Redfin, Amazon exec as chief people officer - The Business JournalsMay 11, 2022 | nasdaq.comModel N (MODN) Tops Q2 Earnings Estimates on Revenue Growth - NasdaqMay 9, 2022 | businesswire.comAvalara MyLodgeTax Pro Simplifies Tax Compliance for Short-Term Rental Property Managers - Business WireSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:AVLR CUSIPN/A CIK1348036 Webwww.avalara.com Phone(206) 826-4900FaxN/AEmployees4,465Year FoundedN/ACompany Calendar Last Earnings5/05/2022Today6/29/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$150.93 High Stock Price Forecast$200.00 Low Stock Price Forecast$100.00 Forecasted Upside/Downside+104.7%Consensus RatingModerate Buy Rating Score (0-4)2.93333333333333 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)($1.470010) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-125.23 million Net Margins-17.04% Pretax Margin-16.87% Return on Equity-9.62% Return on Assets-4.18% Debt Debt-to-Equity Ratio0.93 Current Ratio3.15 Quick Ratio3.15 Sales & Book Value Annual Sales$698.98 million Price / Sales9.27 Cash FlowN/A Price / Cash FlowN/A Book Value$11.81 per share Price / Book6.24Miscellaneous Outstanding Shares87,860,000Free Float85,576,000Market Cap$6.48 billion OptionableOptionable Beta0.93 Avalara Frequently Asked Questions Should I buy or sell Avalara stock right now? 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Avalara in the last twelve months. There are currently 1 hold rating and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Avalara stock. View analyst ratings for Avalara or view top-rated stocks. What is Avalara's stock price forecast for 2022? 15 brokers have issued twelve-month price targets for Avalara's shares. Their AVLR stock forecasts range from $100.00 to $200.00. On average, they predict Avalara's share price to reach $150.93 in the next year. This suggests a possible upside of 104.8% from the stock's current price. View analysts' price targets for Avalara or view top-rated stocks among Wall Street analysts. How has Avalara's stock price performed in 2022? Avalara's stock was trading at $129.11 on January 1st, 2022. Since then, AVLR shares have decreased by 42.9% and is now trading at $73.70. View the best growth stocks for 2022 here. 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) announced its quarterly earnings data on Thursday, May, 5th. The company reported $0.08 EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.20. The firm earned $204.53 million during the quarter, compared to the consensus estimate of $198.07 million. Avalara had a negative trailing twelve-month return on equity of 9.62% and a negative net margin of 17.04%. The company's revenue for the quarter was up 33.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.30) EPS. 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, 30th. The company provided earnings per share 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. Who are Avalara's key executives? Avalara's management team includes the following people: Mr. Scott M. McFarlane, Co-Founder, Chairman & CEO (Age 65, Pay $1.23M)Mr. Amit Mathradas, Pres & COO (Age 47, Pay $917.1k) (LinkedIn Profile)Mr. Ross Tennenbaum, Exec. VP, CFO & Treasurer (Age 44, Pay $789.72k) (LinkedIn Profile)Ms. Alesia L. Pinney, Exec. VP, Chief Legal Officer & Sec. (Age 58, Pay $643.95k) (LinkedIn Profile)Mr. Jared R. Vogt, Co-Founder & Member of Advisory Board (Age 53)Mr. Daniel E. Manning, Chief Accounting Officer (Age 51) (LinkedIn Profile)Mr. Daniel Fields, Exec. VP & CTO (Age 53)Ms. Jennifer Gianola, VP of Investor RelationsMs. Liz Armbruester, Sr. VP of Global Compliance OperationsMr. 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? Some companies that are related to Avalara include ANSYS (ANSS), Palantir Technologies (PLTR), MongoDB (MDB), Roblox (RBLX), Paycom Software (PAYC), Twilio (TWLO), Check Point Software Technologies (CHKP), SS&C Technologies (SSNC), Cloudflare (NET), Splunk (SPLK), HubSpot (HUBS), Okta (OKTA), Take-Two Interactive Software (TTWO), ZoomInfo Technologies (ZI) and Tyler Technologies (TYL). View all of AVLR's 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 (CRM), Splunk (SPLK) and PayPal (PYPL). When did Avalara IPO? (AVLR) raised $150 million in an initial public offering 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.64%), BlackRock Inc. (7.74%), Wellington Management Group LLP (7.01%), Echo Street Capital Management LLC (2.27%), Bank of America Corp DE (2.27%) and Parnassus Investments LLC (2.13%). 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, Rajeev Singh, 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 Wellington Management Group LLP, Invesco Ltd., Neuberger Berman Group LLC, CWM LLC, TimesSquare Capital Management LLC, Deccan Value Investors L.P., First Trust Advisors LP, and Capital Research Global Investors. Company insiders that have sold Avalara company stock in the last two years include Alesia Lee Pinney, Amit Mathradas, Daniel E Manning, Kathleen Zwickert, Marion R Foote, Rajeev Singh, 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 Echo Street Capital Management LLC, Riverbridge Partners LLC, Bank of America Corp DE, Lord Abbett & CO. LLC, Parnassus Investments LLC, RGM Capital LLC, Wasatch Advisors Inc., and Royce & Associates LP. 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 $73.70. How much money does Avalara make? Avalara (NYSE:AVLR) has a market capitalization of $6.48 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. How can I contact Avalara? Avalara's mailing address is 255 SOUTH KING STREET SUITE 1800, SEATTLE WA, 98104. The official website for Avalara is www.avalara.com. The company can be reached via phone at (206) 826-4900 or via email at [email protected]. This page (NYSE:AVLR) was last updated on 6/29/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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