Avalara (AVLR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $93.48 to $93.48
• 50-Day Range: $91.36 to $93.48
• 52-Week Range: $66.39 to $188.43
• Volume: N/A
• Average Volume: 2.19 million shs
• Market Capitalization: $8.28 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Avalara Stock Analysis - MarketRank™

Avalara scored higher than 9% of companies evaluated by MarketBeat, and ranked 626th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Avalara.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Avalara are expected to grow in the coming year, from ($1.57) to ($1.38) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Avalara is -52.52, 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. Sector

The P/E ratio of Avalara is -52.52, 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 Ratio

Avalara has a P/B Ratio of 7.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AVLR.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Avalara does not currently pay a dividend.

Dividend Growth

Avalara does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.32

Short Interest

There is no current short interest data available for AVLR.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Avalara this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Avalara insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.40% of the stock of Avalara is held by insiders.

Percentage Held by Institutions

90.68% of the stock of Avalara is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AVLR Stock Analysis - Frequently Asked Questions

How were Avalara's earnings last quarter?

Avalara, Inc. (NYSE:AVLR) announced its quarterly earnings data on Thursday, November, 4th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.04. The company's revenue was up 41.7% on a year-over-year basis.

Does Avalara have any subsidiaries?

The following companies are subsidiaries of Avalara: 3CE Technologies, CrowdReason LLC, Track1099, DAVO Technologies, INPOSIA, Impendulo Limited, Business Licenses, and more.

When did Avalara IPO?

Avalara (AVLR) raised $150 million in an initial public offering (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 other stocks do shareholders of Avalara own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Avalara investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Splunk (SPLK), Datadog (DDOG), MongoDB (MDB), Cloudflare (NET) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 11/04/2021
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NYSE:AVLR
• CUSIP: N/A
• CIK: 1348036
• Web: www.avalara.com
• Phone: (206) 826-4900
• Fax: N/A
• Employees: 4,465
• Year Founded: 2004

Profitability

• EPS (Most Recent Fiscal Year): ($1.78)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-125,230,000.00
• Net Margins: -19.76%
• Pretax Margin: -19.03%
• Return on Equity: -12.44%
• Return on Assets: -4.81%

Debt

• Debt-to-Equity Ratio: 0.94
• Current Ratio: 3.18
• Quick Ratio: 3.18

Sales & Book Value

• Annual Sales: $698.98 million
• Price / Sales: 11.84
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.81 per share
• Price / Book: 7.92

Miscellaneous

• Outstanding Shares: 88,558,000
• Free Float: 86,433,000
• Market Cap: $8.28 billion
• Optionable: Optionable
• Beta: 0.99