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

$70.85
+1.40 (+2.02 %)
(As of 06/18/2019 10:48 AM ET)
Today's Range
$70.00
Now: $70.85
$71.05
50-Day Range
$57.59
MA: $67.73
$73.57
52-Week Range
$28.09
Now: $70.85
$75.33
Volume341,935 shs
Average Volume1.61 million shs
Market Capitalization$4.96 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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$1.65 per share

Profitability

Net Income$-75,550,000.00

Miscellaneous

Employees1,592
Market Cap$4.96 billion
Next Earnings Date8/8/2019 (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) announced its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.15. The business earned $85 million during the quarter, compared to analyst estimates of $78.67 million. Avalara had a negative net margin of 23.56% and a negative return on equity of 32.45%. Avalara's revenue for the quarter was up 38.4% 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 Thursday, August 8th 2019. View Earnings Estimates for Avalara.

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

Avalara updated its FY 2019 earnings guidance on Tuesday, May, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $346-349 million, compared to the consensus revenue estimate of $332.48 million.Avalara also updated its Q2 2019 guidance to EPS.

What price target have analysts set for AVLR?

7 equities research analysts have issued 1-year target prices for Avalara's stock. Their forecasts range from $42.00 to $85.00. On average, they anticipate Avalara's stock price to reach $60.8571 in the next year. This suggests that the stock has a possible downside of 14.1%. View Analyst Price Targets for Avalara.

What is the consensus analysts' recommendation for Avalara?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avalara in the last year. There are currently 1 hold rating and 6 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. " (5/13/2019)
  • 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?

News headlines about AVLR stock have been trending very negative on Tuesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. 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 -3.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Avalara.

Are investors shorting Avalara?

Avalara saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 2,612,000 shares, an increase of 8.0% from the April 15th total of 2,419,400 shares. Based on an average trading volume of 974,500 shares, the days-to-cover ratio is presently 2.7 days. Currently, 5.0% of the shares of the stock 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 Micron Technology (MU), NVIDIA (NVDA), Roku (ROKU), Alibaba Group (BABA), Bank of America (BAC), Intelsat (I), Twilio (TWLO), First Data (FDC), Advanced Micro Devices (AMD) and Square (SQ).

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 initial public offering 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.

Who are Avalara's major shareholders?

Avalara's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Battery Partners IX LLC (7.31%), Kayne Anderson Rudnick Investment Management LLC (3.96%), Kayne Anderson Rudnick Investment Management LLC (3.72%), TimesSquare Capital Management LLC (2.60%), Janus Henderson Group PLC (2.29%) and FMR LLC (0.58%). 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 Battery Partners IX LLC, Clarius Group LLC, CCG Wealth Management LLC and TD Asset Management Inc.. 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 Kayne Anderson Rudnick Investment Management LLC, Kayne Anderson Rudnick Investment Management LLC, TimesSquare Capital Management LLC, Janus Henderson Group PLC, FMR LLC, US Bancorp DE, Artisan Partners Limited Partnership and ClariVest Asset 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 $70.85.

How big of a company is Avalara?

Avalara has a market capitalization of $4.96 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:  2.7 out of 5 (star star)
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  190
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 6/18/2019 by MarketBeat.com Staff

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