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Avalara, Inc. (AVLR)

NYSE - NYSE Delayed Price. Currency in USD
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169.03+2.58 (+1.55%)
At close: 1:00PM EST
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Short-term KST

Short-term KST

Previous Close166.45
Bid0.00 x 900
Ask0.00 x 800
Day's Range165.49 - 171.80
52 Week Range55.50 - 175.67
Avg. Volume626,765
Market Cap14.295B
Beta (5Y Monthly)0.72
PE Ratio (TTM)N/A
EPS (TTM)-0.64
Earnings DateFeb 10, 2021 - Feb 15, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est188.92
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • Benzinga

    Analyzing Avalara's Unusual Options Activity

    Shares of Avalara (NYSE: AVLR) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $165.97. * Sentiment: BEARISH * Option Type: TRADE * Trade Type: CALL * Expiration Date: 2021-02-19 * Strike Price: $170.00 * Volume: 1300 * Open Interest: 12Three Ways Options Activity Is 'Unusual'One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset.Contracts with a strike price far from the underlying price are also considered unusual because they are defined as being "out of the money". This occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made because the underlying asset value is expected to change dramatically in the future, and the buyer or seller can take advantage of a greater profit margin.Understanding Sentiment Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price.Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity.Using These Strategies To Trade Options Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.For more information to understand options alerts, visit https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alertsSee more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Friday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Bank of America: 3 Strong Value Stocks to Buy Now

    Bank of America: 3 Strong Value Stocks to Buy Now

    The prospect of a COVID-19 vaccine hitting the market in coming months – rather than years – and chance it offers to control the novel virus, has investors in a mood to buy, and fueled the market gains. The S&P 500 is up more than 10% so far in November. So which stocks should you be looking at now?Bank of America analysts have tagged three tech-oriented stocks as likely gainers. All three fit a profile: they boast a Strong Buy analyst consensus rating, and BofA sees their upside potentials starting at 30% and heading up from there. Wix.com, Ltd. (WIX)We’ll start with Wix, the DIY of website construction. Since it hit the scene 14 years ago, this company has built a reputation as the one-stop shop for website construction, building its business on the ‘freemium’ model, offering customers – who are not necessarily website experts – the ability to build and maintain a site – for free. More advanced tools and support are available through the subscription service. It’s a viable model, filling a real need, as evidenced by the company’s $700-plus million in annual revenue.More to the point, WIX shares are up 95% year-to-date, with the growth really taking off in May. Wix’s quarterly revenues have also showed a pattern of increase through 2020, with sequential gains in Q1, Q2, and Q3. The Q3 number hit $254 million.Covering Wix for BofA, 5-star analyst Nat Schindler writes, “We see a big opportunity for Wix to continue its strong momentum as businesses shift online. Wix's commitment to maintain its aggressive marketing push should ultimately lead to a significant revenue expansion opportunity in out years… we expect 2020 marketing efforts will leave Wix in a strong position heading into 2021.”In line with his comments, Schindler rates WIX a Buy, and his $350 price target implies an upside of 47% for the next 12 months. (To watch Schindler’s track record, click here)Overall, Wix’s shares have a Strong Buy analyst consensus based on 8 reviews, breaking down to 7 Buys and 1 Hold. The stock is selling for $238.27, and its $323.13 average price target suggests room for 35% upside growth next year. (See Wix stock analysis on TipRanks)Peloton Interactive (PTON)Next up, Peloton, is an upscale exercise equipment manufacturer. Peloton’s home exercise bikes offer users opportunity to connect online to classes, instructors, music, and other content designed to make spinning more endurable at home. Exercise is a necessity, but we all know how difficult it can be to stick to regimen solo; Peloton uses connected tech to fill the gap for well-heeled customers willing to spend extra to stay in shape and comply with social lockdown rules.5-star analyst Justin Post, rated 26 overall in the TipRanks database, wrote the Bank of America note on Peloton, and he sees both a solid position now and a clear path forward for the company.“[We] think Peloton is building a content advantage that starts with its premium instructors. Peloton’s deal with Beyoncé will add new premium content, and we can envision deals with other recording artists and sports personalities… We also note that the 25-34 group is the fastest growing segment for Peloton bike consumers, a huge opportunity for Peloton. When bike demand eventually slows, Peloton can lower bike ASPs, launch CPO (Certified Pre-owned) bikes and add more targeted content partnerships, which should further unlock demand in this age group,” Post wrotePost gives the stock a $150 price target, implying a 49% one-year upside, and rates it a Buy. (To watch Post’s track record, click here)The Strong Buy analyst consensus rating on Peloton is based on no fewer than 22 Buy reviews, which outweigh 3 Holds and 1 Sell. PTON’s average price target is $133.12, suggesting a 32% upside form the current trading price of $100.30. (See PTON stock analysis on TipRanks)Avalara, Inc. (AVLR)Last but not least is Avalara, a provider of cloud-based software for automating business tax compliance. Tax codes – especially across international borders or other jurisdictional boundaries – are complicated, and Avalara bill itself as a solution for small- and mid-sized businesses remain in compliance with various laws. The company’s platform integrates business, tax, and accounting apps for customers around the world. And at a time when it may not be possible for a small business to just phone up the tax guy and make an appointment to go over the books, an automated solution can be a lifesaver.In his note of the stock for BofA, Brad Sills, another of the firm’s 5-star analysts, sees what he describes as a ‘long runway for growth.’“Billings reaccelerated to 30%+ from 22% in Q2, and indicates that Avalara is a beneficiary of omnichannel sales adoption in SMBs, which drives more complexity in sales tax calculation and filings. While the quarter benefitted from some pent-up demand, we believe these underlying demand drivers are sustainable long term, given increased tax compliance pressure from states and local governments,” Sills commented. Sills rates AVLR shares as a Buy, calling it his top pick. His $200 price target indicates confidence in 32% growth going forward. (To watch Sills’ track record, click here)All in all, Avalara’s Strong Buy rating from the analyst consensus is unanimous, with 10 Buys behind it. The stock is selling for $151, and its $186.3 average price target implies an upside of ~22% for the next 12 months. (See AVLR stock analysis at TipRanks)To find good ideas for tech stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

  • Avalara Announces Code-Focused Virtual Event for Developers: Avalara NEXT
    Business Wire

    Avalara Announces Code-Focused Virtual Event for Developers: Avalara NEXT

    Avalara (NYSE:AVLR), a leading provider of tax compliance automation software for businesses of all sizes, today announced its first code-focused event for global tax compliance designed exclusively for developers — Avalara NEXT. The completely virtual conference will take place January 27, 2021. Bringing together developers at the forefront of global commerce and tax technology, Avalara NEXT offers digital attendees the opportunity to learn about Avalara’s new products, APIs, tools, and best practices to help developers easily build tax compliance into their business applications.