Avalara Stock Forecast, Price & News

Avalara (NYSE:AVLR) Frequently Asked Questions

Is Avalara a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avalara in the last twelve months. There are currently 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Avalara stock.
View analyst ratings for Avalara or view top-rated stocks.

How has Avalara's stock been impacted by COVID-19?

Avalara's stock was trading at $73.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AVLR stock has increased by 42.1% and is now trading at $103.92.
View which stocks have been most impacted by COVID-19.

Are investors shorting Avalara?

Avalara saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,770,000 shares, an increase of 19.7% from the November 30th total of 3,150,000 shares. Based on an average daily trading volume, of 715,800 shares, the short-interest ratio is currently 5.3 days. Currently, 4.5% of the company's stock are sold short.
View Avalara's Short Interest.

When is Avalara's next earnings date?

Avalara is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Avalara.

How were Avalara's earnings last quarter?

Avalara, Inc. (NYSE:AVLR) issued its quarterly earnings data on Thursday, November, 4th. The company reported ($0.03) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.07) by $0.04. The company earned $181.17 million during the quarter, compared to analyst estimates of $170.34 million. Avalara had a negative net margin of 15.60% and a negative trailing twelve-month return on equity of 7.30%. The firm's revenue for the quarter was up 41.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.13) EPS.
View Avalara's earnings history.

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

Avalara updated its FY 2021 earnings guidance on Thursday, December, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $687 million-$689 million, compared to the consensus revenue estimate of $675.21 million.

What price target have analysts set for AVLR?

11 Wall Street analysts have issued 12 month price objectives for Avalara's shares. Their forecasts range from $175.00 to $220.00. On average, they expect Avalara's share price to reach $198.73 in the next year. This suggests a possible upside of 91.2% from the stock's current price.
View analysts' price targets for Avalara or view top-rated stocks among Wall Street analysts.

Who are Avalara's key executives?

Avalara's management team includes the following people:

• Scott M. McFarlane, Chairman & Chief Executive Officer
• Amit Mathradas, President & Chief Operating Officer (LinkedIn Profile)
• Ross Tennenbaum, Chief Financial Officer & Treasurer (LinkedIn Profile)
• Daniel Fields, Chief Technology Officer & Executive VP
• Liz Armbruester, Senior Vice President-Global Compliance

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 Veeva Systems (VEEV), Unity Software (U), Okta (OKTA), Cloudflare (NET), ANSYS (ANSS), Palantir Technologies (PLTR), MongoDB (MDB), DocuSign (DOCU), HubSpot (HUBS), SS&C Technologies (SSNC), Paycom Software (PAYC), ZoomInfo Technologies (ZI), Tyler Technologies (TYL), Splunk (SPLK) and Take-Two Interactive Software (TTWO).
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.com (CRM), Splunk (SPLK) and PayPal (PYPL).

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 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 Riverbridge Partners LLC (0.88%), Barton Investment Management (0.33%), Capital Investment Services of America Inc. (0.06%), DNB Asset Management AS (0.01%), IFM Investors Pty Ltd (0.01%) and Pure Financial Advisors LLC (0.01%). Company insiders that own Avalara stock include Alesia Lee Pinney, Amit Mathradas, Chelsea R Stoner, Daniel E Manning, 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 institutional investors are selling Avalara stock?

AVLR stock was sold by a variety of institutional investors in the last quarter, including Symmetry Partners LLC, Icon Wealth Partners LLC, Pure Financial Advisors LLC, and Spire Wealth Management. Company insiders that have sold Avalara company stock in the last year include Alesia Lee Pinney, Amit Mathradas, Daniel E Manning, Kathleen Zwickert, Rajeev Singh, Ross Tennenbaum, and Scott M Mcfarlane.
View insider buying and selling activity for Avalara or view top insider-selling stocks.

Which institutional investors are buying Avalara stock?

AVLR stock was bought by a variety of institutional investors in the last quarter, including Capital Investment Services of America Inc., Riverbridge Partners LLC, Barton Investment Management, Exchange Traded Concepts LLC, Lattice Capital Management LLC, Vigilare Wealth Management, Pendal Group Ltd, and IFM Investors Pty Ltd.
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 $103.92.

How much money does Avalara make?

Avalara has a market capitalization of $9.03 billion and generates $500.57 million in revenue each year. The company earns $-49.18 million in net income (profit) each year or ($1.17) on an earnings per share basis.

How many employees does Avalara have?

Avalara employs 3,351 workers across the globe.

What is Avalara's official website?

The official website for Avalara is www.avalara.com.

Where are Avalara's headquarters?

Avalara is headquartered at 255 SOUTH KING STREET SUITE 1800, SEATTLE WA, 98104.

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].