How does AVTA's PS Ratio compare to its peers?

AVTA is good value based on its Price-To-Sales Ratio (1.3x) compared to the peer average (17.5x).

How does AVTA's PS Ratio compare vs other companies in the US Capital Markets Industry?

AVTA is good value based on its Price-To-Sales Ratio (1.3x) compared to the US Capital Markets industry average (2.8x).

What is AVTA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AVTA is good value based on its Price-To-Sales Ratio (1.3x) compared to the estimated Fair Price-To-Sales Ratio (1.5x).

What is the Fair Price of AVTA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate AVTA's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Avantax (Nasdaq:AVTA) - Stock Price, News & Analysis

AVTA Stock Overview

AVTA fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	2/6
Financial Health	2/6
Dividends	0/6

Rewards

Earnings are forecast to grow 184.14% per year

Became profitable this year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Avantax, Inc. Competitors

BrightSphere Investment Group

NYSE:BSIG

US$1.2b

Noah Holdings

NYSE:NOAH

US$761.8m

Central Securities

NYSEAM:CET

US$1.3b

Associated Capital Group

NYSE:AC

US$773.5m

Price History & Performance

Summary of all time highs, changes and price drops for Avantax
Historical stock prices
Current Share Price	US$25.99
52 Week High	US$30.23
52 Week Low	US$19.13
Beta	1.09
11 Month Change	0.85%
3 Month Change	25.62%
1 Year Change	6.21%
33 Year Change	99.31%
5 Year Change	-18.91%
Change since IPO	3.96%

Recent updates

Shareholders Are Thrilled That The Blucora (NASDAQ:BCOR) Share Price Increased 154%

Feb 19

Read This Before Selling Blucora, Inc. (NASDAQ:BCOR) Shares

Nov 30

Shareholder Returns

	AVTA	US Capital Markets	US Market
7D	0.2%	3.0%	2.2%
1Y	6.2%	57.6%	31.6%

Return vs Industry: AVTA underperformed the US Capital Markets industry which returned 8% over the past year.

Return vs Market: AVTA underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is AVTA's price volatile compared to industry and market?
AVTA volatility
AVTA Average Weekly Movement	8.0%
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: AVTA has not had significant price volatility in the past 3 months.

Volatility Over Time: AVTA's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1983	727	Chris Walters	www.avantax.com

Avantax, Inc. provides wealth management solutions to consumers, small business owners, tax professionals, financial professionals, and certified public accounting firms in the United States. The company offers an integrated platform of technical, practice, compliance, operations, sales, and product support tools that enable to offer tax-advantaged planning, investing, and wealth management services. It also provides financial planning and advisory services, and retirement plan solutions.

Avantax, Inc. Fundamentals Summary

How do Avantax's earnings and revenue compare to its market cap?
AVTA fundamental statistics
Market cap	US$957.11m
Earnings (TTM)	US$239.00k
Revenue (TTM)	US$729.64m

4,003x

P/E Ratio

1.3x

P/S Ratio

Is AVTA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVTA income statement (TTM)
Revenue	US$729.64m
Cost of Revenue	US$440.26m
Gross Profit	US$289.39m
Other Expenses	US$289.15m
Earnings	US$239.00k

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.0065
Gross Margin	39.66%
Net Profit Margin	0.033%
Debt/Equity Ratio	68.9%

How did AVTA perform over the long term?

See historical performance and comparison

AVTA Stock Overview

Rewards

Risk Analysis

Avantax, Inc. Competitors

NYSE:BSIG

US$1.2b

NYSE:NOAH

US$761.8m

NYSEAM:CET

US$1.3b

NYSE:AC

US$773.5m

Price History & Performance

Recent News & Updates

Avantax, Inc. Files Form 15

Avantax, Inc.(NasdaqGS:AVTA) dropped from S&P Composite 1500

Aretec Group, Inc. completed the acquisition of Avantax, Inc. (NasdaqGS:AVTA) from a group of shareholders.

Aretec Group, Inc. completed the acquisition of Avantax, Inc. (NasdaqGS:AVTA) from a group of shareholders.

Consensus EPS estimates fall by 43%

New major risk - Financial position

Recent updates

Avantax, Inc. Files Form 15

Avantax, Inc.(NasdaqGS:AVTA) dropped from S&P Composite 1500

Aretec Group, Inc. completed the acquisition of Avantax, Inc. (NasdaqGS:AVTA) from a group of shareholders.

Aretec Group, Inc. completed the acquisition of Avantax, Inc. (NasdaqGS:AVTA) from a group of shareholders.

Consensus EPS estimates fall by 43%

New major risk - Financial position

Third quarter 2023 earnings: EPS misses analyst expectations

Price target decreased by 8.0% to US$28.67

Aretec Group, Inc. entered into an agreement to acquire Avantax, Inc. (NasdaqGS:AVTA) for $960 million.

New major risk - Financial position

Second quarter 2023 earnings: EPS misses analyst expectations

Avantax, Inc. to Report Q2, 2023 Results on Aug 09, 2023

Avantax Reportedly Working with Adviser to Explore Possible Sale

President exercised options and sold US$128k worth of stock

Avantax Promotes Jennifer Hutchins to Co-Chief Investment Officer

Avantax, Inc. Appoints Bruce Tuckey and Dave Renko as Regional Recruiting Director

Avantax, Inc. Provides Earnings Guidance for the Full Year 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Insider recently sold US$247k worth of stock

Avantax, Inc. Provides Earnings Guidance for the Full Year 2023

Full year 2022 earnings released: EPS: US$0.065 (vs US$0.16 in FY 2021)

Avantax, Inc. Appoints Melissa Loner as Chief Compliance Officer

Avantax, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Avantax, Inc. Announces Executive Changes

DS Admiral Bidco, LLC acquired TaxACT Holdings, Inc. from Blucora, Inc. (NasdaqGS:BCOR).

Blucora, Inc. (NasdaqGS:BCOR) announces an Equity Buyback for $450 million worth of its shares.

Independent Director recently bought US$119k worth of stock

Price target increased to US$29.00

High number of new directors

Price target increased to US$28.00

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

DS Admiral Bidco, LLC entered into a Stock Purchase Agreement to acquire TaxACT Holdings, Inc. from Blucora, Inc. (NasdaqGS:BCOR) for approximately $720 million.

Consensus forecasts updated

Blucora, Inc. Provides Earnings Guidance for the Year Ending December 31, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Blucora, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Blucora, Inc.(NasdaqGS:BCOR) dropped from Russell 2000 Value Index

Consensus forecasts updated

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Blucora, Inc. Provides Earnings Guidance for the Full Year of Fiscal Year 2022

High number of new directors

Blucora, Inc. to Report Q1, 2022 Results on May 04, 2022

High number of new directors

President of Wealth Management exercised options to buy US$253k worth of stock.

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Blucora, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2022

Blucora, Inc. to Report Q4, 2021 Results on Feb 16, 2022

Independent Director recently bought US$825k worth of stock

Third quarter 2021 earnings released: US$0.57 loss per share (vs US$0.55 loss in 3Q 2020)

Price target increased to US$25.33

Independent Director John MacIlwaine has left the company

Independent Director John MacIlwaine has left the company

Ancora Holdings Issues Letter to the Board of Directors of Blucora

Second quarter 2021 earnings released: EPS US$0.65 (vs US$1.04 in 2Q 2020)

Blucora, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2021

Blucora: Investor Day Highlights Improved Medium-Term Outlook

Price target increased to US$23.00

Consensus EPS estimates increase to -US$0.10