NYSE:AVLR - Avalara Stock Price, Forecast & News

Avalara trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVLR."

Avalara Inc (NYSE:AVLR) released its quarterly earnings data on Tuesday, November, 5th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.19. The business had revenue of $98.50 million for the quarter, compared to analyst estimates of $93.13 million. Avalara had a negative net margin of 15.13% and a negative return on equity of 15.51%. The business's revenue for the quarter was up 41.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.14) EPS. View Avalara's Earnings History.

Avalara is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Avalara.

14 analysts have issued twelve-month price targets for Avalara's stock. Their forecasts range from $5.40 to $105.00. On average, they expect Avalara's share price to reach $86.18 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price. View Analyst Price Targets for Avalara.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avalara in the last year. There are currently 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Avalara.

News headlines about AVLR stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Avalara earned a daily sentiment score of -2.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Avalara.

Avalara saw a decrease in short interest in the month of December. As of December 13th, there was short interest totalling 1,770,000 shares, a decrease of 19.2% from the November 28th total of 2,190,000 shares. Based on an average trading volume of 872,600 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.6% of the shares of the company are sold short. View Avalara's Current Options Chain.

Some companies that are related to Avalara include Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Check Point Software Technologies (CHKP), Symantec (SYMC), NortonLifeLock (NLOK), Paycom Software (PAYC), Atlassian (TEAM), Twilio (TWLO), SS&C Technologies (SSNC), Okta (OKTA), Citrix Systems (CTXS) and Tableau Software (DATA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Avalara investors own include Alibaba Group (BABA), NVIDIA (NVDA), Twilio (TWLO), Walmart (WMT), Johnson & Johnson (JNJ), Advanced Micro Devices (AMD), Micron Technology (MU), Cisco Systems (CSCO), Roku (ROKU) and Okta (OKTA).

(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 served as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets and Stifel were co-managers.

Avalara's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Huntington National Bank (0.03%), Sanders Morris Harris LLC (0.01%), Cerebellum GP LLC (0.01%), Alpine Global Management LLC (0.01%), Advisors Capital Management LLC (0.01%) and Sciencast Management LP (0.00%). Company insiders that own Avalara stock include Alesia Lee Pinney, Benjamin J Goux, Chelsea R Stoner, Daniel E Manning, Edward A Gilhuly, Jared R Vogt, Justin Sadrian, Pincus & Co Warburg, Scott M Mcfarlane and William Ingram. View Institutional Ownership Trends for Avalara.

AVLR stock was sold by a variety of institutional investors in the last quarter, including Cerebellum GP LLC and Canton Hathaway LLC. Company insiders that have sold Avalara company stock in the last year include Alesia Lee Pinney, Benjamin J Goux, Chelsea R Stoner, Daniel E Manning, Edward A Gilhuly, Justin Sadrian, Pincus & Co Warburg, Scott M Mcfarlane and William Ingram. View Insider Buying and Selling for Avalara.

AVLR stock was bought by a variety of institutional investors in the last quarter, including Huntington National Bank, Sanders Morris Harris LLC, Alpine Global Management LLC, Advisors Capital Management LLC and Sciencast Management LP. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of AVLR stock can currently be purchased for approximately $84.65.

Avalara has a market capitalization of $6.51 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.

The official website for Avalara is http://www.avalara.com/.

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]