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Trade Avantax - AVTA CFD

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Market information is presented
as of 2023-11-28

  • Summary
Trading Conditions
Spread 0.13
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.026207 %
Charges from full value of position ($-4.98)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.026207%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee 0.003985 %
Charges from full value of position ($0.76)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
0.003985%
Overnight fee time 22:00 (UTC)
Min traded quantity 1
Currency USD
Margin 5%
Stock exchange United States of America
Commission on trade 0%

*Information provided by Capital.com

Avantax Inc ESG Risk Ratings

High Medium Low Negligible

‘C’ score indicates satisfactory relative ESG performance and moderate degree of transparency in reporting material ESG data publicly.

More ESG coverage

Key Stats
Prev. Close* 25.93
Open* 25.92
1-Year Change* 6.84%
Day's Range* 25.92 - 25.93
52 wk Range 19.13-30.23
Average Volume (10 days) 464.22K
Average Volume (3 months) 14.45M
Market Cap 954.53M
P/E Ratio 1,955.51
Shares Outstanding 36.81M
Revenue 729.64M
EPS 0.01
Dividend (Yield %) N/A
Beta 1.05
Next Earnings Date Feb 13, 2024

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

Date Close Change Change (%) Open High Low
Nov 27, 2023 25.93 0.00 0.00% 25.93 25.93 25.93
Nov 24, 2023 25.93 0.01 0.04% 25.92 25.93 25.92
Nov 22, 2023 25.90 0.01 0.04% 25.89 25.91 25.88
Nov 21, 2023 25.88 0.00 0.00% 25.88 25.89 25.88
Nov 20, 2023 25.87 0.00 0.00% 25.87 25.89 25.87
Nov 17, 2023 25.87 -0.01 -0.04% 25.88 25.88 25.86
Nov 16, 2023 25.87 0.00 0.00% 25.87 25.89 25.87
Nov 15, 2023 25.86 -0.02 -0.08% 25.88 25.89 25.86
Nov 14, 2023 25.88 0.00 0.00% 25.88 25.89 25.87
Nov 13, 2023 25.87 0.01 0.04% 25.86 25.88 25.85
Nov 10, 2023 25.85 0.03 0.12% 25.82 25.85 25.81
Nov 9, 2023 25.84 0.00 0.00% 25.84 25.85 25.83
Nov 8, 2023 25.83 0.00 0.00% 25.83 25.85 25.82
Nov 7, 2023 25.85 0.00 0.00% 25.85 25.85 25.83
Nov 6, 2023 25.84 0.02 0.08% 25.82 25.86 25.82
Nov 3, 2023 25.76 -0.04 -0.16% 25.80 25.88 25.75
Nov 2, 2023 25.77 -0.01 -0.04% 25.78 25.81 25.73
Nov 1, 2023 25.77 0.04 0.16% 25.73 25.81 25.73
Oct 31, 2023 25.74 0.01 0.04% 25.73 25.75 25.71
Oct 30, 2023 25.72 0.02 0.08% 25.70 25.74 25.68

Avantax Events

Time (UTC) Country Event
Tuesday, February 13, 2024

Time (UTC)

10:59

Country

US

Event

Q4 2023 Avantax Inc Earnings Release
Q4 2023 Avantax Inc Earnings Release

Forecast

-

Previous

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View all events
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total revenue 666.496 658.213 546.189 717.945 560.456
Revenue 666.496 658.213 546.189 717.945 560.456
Cost of Revenue, Total 444.918 466.464 388.063 362.772 263.719
Gross Profit 221.578 191.749 158.126 355.173 296.737
Total Operating Expense 677.834 711.255 867.899 714.68 493.779
Selling/General/Admin. Expenses, Total 190.669 166.496 135.815 204.734 171.485
Research & Development 8.701 8.19 5.743 30.931 19.332
Depreciation / Amortization 37.732 37.307 36.568 42.836 37.955
Unusual Expense (Income) -4.186 32.798 301.71 73.407 1.288
Operating Income -11.338 -53.042 -321.71 3.265 66.677
Interest Income (Expense), Net Non-Operating -0.475 -0.422 -0.053 -19.943 -13.161
Other, Net -4.617 -0.228 -1.636
Net Income Before Taxes -11.813 -53.464 -326.38 -16.906 51.88
Net Income After Taxes 3.121 -43.505 -368.045 48.148 51.569
Minority Interest 0 -0.935
Net Income Before Extra. Items 3.121 -43.505 -368.045 48.148 50.634
Total Extraordinary Items 417.126 51.262 25.29 0 0
Net Income 420.247 7.757 -342.755 48.148 50.634
Income Available to Common Excl. Extra. Items 3.121 -43.505 -368.045 48.148 50.634
Income Available to Common Incl. Extra. Items 420.247 7.757 -342.755 48.148 50.634
Diluted Net Income 420.247 7.757 -342.755 48.148 50.634
Diluted Weighted Average Shares 49.183 48.578 47.978 49.282 49.381
Diluted EPS Excluding Extraordinary Items 0.06346 -0.89557 -7.67112 0.97699 1.02537
Diluted Normalized EPS 0.07503 -0.31035 -3.58359 1.94518 1.0513
Jun 2023 Mar 2023 Dec 2022 Sep 2022 Jun 2022
Total revenue 186.928 177.98 666.496 171.696 162.669
Revenue 186.928 177.98 666.496 171.696 162.669
Cost of Revenue, Total 110.847 108.252 444.918 109.18 114.446
Gross Profit 76.081 69.728 221.578 62.516 48.223
Total Operating Expense 176.576 179.603 677.834 185.514 165.663
Selling/General/Admin. Expenses, Total 53.758 58.582 190.669 58.263 46.603
Research & Development 2.191 2.721 8.701 7.474 2.302
Depreciation / Amortization 9.819 9.926 37.732 10.181 9.104
Unusual Expense (Income) -0.039 0.122 -4.186 0.416 -6.792
Operating Income 10.352 -1.623 -11.338 -13.818 -2.994
Interest Income (Expense), Net Non-Operating -5.7 -0.684 -0.475 -9.447 -0.212
Other, Net 1.002 1.578 -0.302 0
Net Income Before Taxes 5.654 -0.729 -11.813 -23.567 -3.206
Net Income After Taxes 3.581 -0.248 3.121 -21.841 0.847
Net Income Before Extra. Items 3.581 -0.248 3.121 -21.841 0.847
Net Income 3.581 1.673 420.247 -21.841 39.425
Income Available to Common Excl. Extra. Items 3.581 -0.248 3.121 -21.841 0.847
Income Available to Common Incl. Extra. Items 3.581 1.673 420.247 -21.841 39.425
Diluted Net Income 3.581 1.673 420.247 -21.841 39.425
Diluted Weighted Average Shares 39.201 44.645 49.183 47.847 48.69
Diluted EPS Excluding Extraordinary Items 0.09135 -0.00555 0.06346 -0.45648 0.0174
Dividends per Share - Common Stock Primary Issue 0 0 0 0
Diluted Normalized EPS 0.16278 0.10705 0.07503 -0.41025 -0.05732
Total Extraordinary Items 1.921 417.126 38.578
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total Current Assets 323.751 200.279 200.668 139.143 131.812
Cash and Short Term Investments 263.928 134.824 150.762 86.45 85.366
Cash 0 0.637 5.63 0.842
Cash & Equivalents 263.928 134.824 150.125 80.82 84.524
Short Term Investments
Total Receivables, Net 44.796 46.979 39.585 40.344 38.691
Accounts Receivable - Trade, Net 24.117 21.906 12.736 16.266 15.721
Prepaid Expenses 13.808 13.138 9.643 11.787 7.755
Other Current Assets, Total 1.219 5.338 0.678 0.562
Total Assets 963.515 1071.94 1064.19 1137.57 997.725
Property/Plant/Equipment, Total - Net 72.402 94.104 81.955 28.857 12.389
Property/Plant/Equipment, Total - Gross 103.343 125.246 105.667 48.029
Accumulated Depreciation, Total -30.941 -31.142 -23.712 -19.172
Goodwill, Net 266.279 454.821 454.821 662.375 548.685
Intangibles, Net 266.002 302.289 322.179 290.211 294.603
Other Long Term Assets, Total 35.081 20.45 4.569 16.986 10.236
Total Current Liabilities 142.294 111.722 101.116 93.532 48.28
Accounts Payable 7.531 8.216 9.29 10.969 3.798
Accrued Expenses 113.31 37.961 24.227 22.676 19.026
Notes Payable/Short Term Debt 0 0 0 0 0
Current Port. of LT Debt/Capital Leases 0 1.812 1.784 11.228 0
Other Current Liabilities, Total 21.453 63.733 65.815 48.659 25.456
Total Liabilities 220.317 730.321 751.902 494.057 390.13
Total Long Term Debt 0 553.134 552.553 381.485 260.39
Long Term Debt 0 553.134 552.553 381.485 260.39
Deferred Income Tax 20.819 20.124 30.663 0 40.394
Minority Interest 0 24.945
Other Liabilities, Total 57.204 45.341 67.57 19.04 16.121
Total Equity 743.198 341.622 312.29 643.515 607.595
Common Stock 0.005 0.005 0.005 0.005 0.005
Additional Paid-In Capital 1636.13 1619.81 1598.23 1586.97 1569.72
Retained Earnings (Accumulated Deficit) -829.542 -1249.79 -1257.55 -914.791 -961.689
Unrealized Gain (Loss)
Other Equity, Total 0 -0.272 -0.446
Total Liabilities & Shareholders’ Equity 963.515 1071.94 1064.19 1137.57 997.725
Total Common Shares Outstanding 48.079 48.831 48.177 47.753 48.044
Treasury Stock - Common -63.399 -28.399 -28.399 -28.399 0
Sep 2023 Jun 2023 Mar 2023 Dec 2022 Sep 2022
Total Current Assets 186.236 186.977 211.495 323.751 156.943
Cash and Short Term Investments 106.435 109.791 144.955 263.928 91.104
Cash
Cash & Equivalents 106.435 109.791 144.955 263.928 91.104
Total Receivables, Net 46.857 47.132 46.786 44.796 46.169
Accounts Receivable - Trade, Net 24.68 25.127 25.671 24.117 25.683
Prepaid Expenses 30.651 28.522 18.243 13.808 10.64
Other Current Assets, Total 2.293 1.532 1.511 1.219 9.03
Total Assets 825.679 821.64 847.27 963.515 1025.59
Property/Plant/Equipment, Total - Net 68.058 69.919 70.958 72.402 94.839
Goodwill, Net 266.279 266.279 266.279 266.279 454.821
Intangibles, Net 256.867 259.125 261.072 266.002 288.61
Other Long Term Assets, Total 48.239 39.34 37.466 35.081 30.376
Total Current Liabilities 89.763 78.952 146.618 142.294 62.575
Accounts Payable 3.771 2.172 4.319 7.531 3.804
Accrued Expenses 36.86 28.591 106.259 113.31 36.565
Notes Payable/Short Term Debt 0 0 0 0 0
Current Port. of LT Debt/Capital Leases 11.813 10.125 5.313 0 0
Other Current Liabilities, Total 37.319 38.064 30.727 21.453 22.206
Total Liabilities 421.992 410.44 379.226 220.317 653.999
Total Long Term Debt 248.388 251.399 157.68 0 521.094
Long Term Debt 248.388 251.399 157.68 0 521.094
Deferred Income Tax 15.584 16.084 21.013 20.819 19.546
Other Liabilities, Total 68.257 64.005 53.915 57.204 50.784
Total Equity 403.687 411.2 468.044 743.198 371.59
Common Stock 0.004 0.004 0.004 0.005 0.005
Additional Paid-In Capital 1391.7 1387.59 1384.33 1636.13 1632.57
Retained Earnings (Accumulated Deficit) -825.783 -824.288 -827.869 -829.542 -1197.58
Treasury Stock - Common -149.193 -140.046 -88.422 -63.399 -63.399
Total Liabilities & Shareholders’ Equity 825.679 821.64 847.27 963.515 1025.59
Total Common Shares Outstanding 36.807 37.118 39.095 48.079 47.774
Other Equity, Total -13.043 -12.061
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Net income/Starting Line 420.247 7.757 -342.755 48.148 51.569
Cash From Operating Activities 106.622 20.556 35.332 92.804 105.548
Cash From Operating Activities 37.732 37.307 36.568 44.208 38.59
Deferred Taxes 1.695 -8.909 41.145 -67.549 -3.039
Non-Cash Items -403.008 38.536 276.995 70.373 15.855
Cash Taxes Paid 5.986 3.056 1.776 3.106 1.806
Cash Interest Paid 32.442 28.897 24.279 18.852 15.335
Changes in Working Capital 49.956 -54.135 23.379 -2.376 2.573
Cash From Investing Activities 665.84 -38.592 -140.707 -169.594 -7.633
Capital Expenditures -14.892 -20.999 -20.366 -10.501 -7.633
Other Investing Cash Flow Items, Total 680.732 -17.593 -120.341 -159.093 0
Cash From Financing Activities -609.163 -14.177 160.939 77.836 -74.804
Financing Cash Flow Items -17.737 -15.719 -1.163 -31.54 -9.677
Issuance (Retirement) of Stock, Net -30.082 3.856 2.355 -21.8 14.873
Issuance (Retirement) of Debt, Net -561.344 -2.314 159.747 131.176 -80
Foreign Exchange Effects 0.038 -0.056
Net Change in Cash 163.299 -32.213 55.564 1.084 23.055
Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022
Net income/Starting Line 1.673 420.247 52.204 74.045 34.62
Cash From Operating Activities 0.988 106.622 61.916 85.663 17.841
Cash From Operating Activities 9.926 37.732 35.131 22.769 9.074
Deferred Taxes 0.194 1.695 -0.578 -0.999 -0.652
Non-Cash Items 8.803 -403.008 20.905 11.791 -11.232
Cash Taxes Paid 0 5.986 2.408 1.958 0.85
Cash Interest Paid 0.108 32.442 23.005 14.301 7.107
Changes in Working Capital -19.608 49.956 -45.746 -21.943 -13.969
Cash From Investing Activities -2.349 665.84 -20.897 -13.648 -5.482
Capital Expenditures -2.543 -14.892 -17.154 -11.79 -3.846
Other Investing Cash Flow Items, Total 0.194 680.732 -3.743 -1.858 -1.636
Cash From Financing Activities -117.612 -609.163 -84.739 -35.542 -32.463
Financing Cash Flow Items -3.337 -17.737 -16.638 -2.134 -1.569
Issuance (Retirement) of Stock, Net -275.818 -30.082 -32.195 -32.502 -30.441
Issuance (Retirement) of Debt, Net 161.543 -561.344 -35.906 -0.906 -0.453
Net Change in Cash -118.973 163.299 -43.72 36.473 -20.104
Investor Name Investor Type Percent Outstanding Shares Held Shares change Holdings Date Turnover Rating
BlackRock Institutional Trust Company, N.A. Investment Advisor 15.6883 5775021 -518069 2023-06-30 LOW
The Vanguard Group, Inc. Investment Advisor/Hedge Fund 11.6061 4272317 -282789 2023-06-30 LOW
P2 Capital Partners, LLC Hedge Fund 6.2481 2300000 0 2023-06-30 LOW
Van Berkom & Associates Inc. Investment Advisor 5.9699 2197578 409581 2023-06-30 LOW
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund 4.4712 1645915 -130983 2023-06-30 LOW
State Street Global Advisors (US) Investment Advisor/Hedge Fund 4.1049 1511041 -54193 2023-06-30 LOW
Invesco Advisers, Inc. Investment Advisor 3.9705 1461576 19679 2023-06-30 LOW
Simcoe Capital Management, LLC Hedge Fund 3.4244 1260573 -451002 2023-06-30 MED
Renaissance Technologies LLC Hedge Fund 2.4892 916300 -132700 2023-06-30 HIGH
Engine Capital Management, LP Investment Advisor/Hedge Fund 2.3766 874857 874357 2023-06-30 HIGH
NewEdge Wealth, LLC Investment Advisor 2.3017 847299 407028 2023-06-30 LOW
Jacobs Levy Equity Management, Inc. Investment Advisor/Hedge Fund 2.2165 815904 42050 2023-06-30 MED
Geode Capital Management, L.L.C. Investment Advisor/Hedge Fund 2.1184 779817 -96361 2023-06-30 LOW
Walters Christopher William Individual Investor 1.8985 698856 547581 2023-10-13 MED
NO STREET GP LP Investment Advisor 1.8973 698400 -436600 2023-06-30 MED
Boston Partners Investment Advisor/Hedge Fund 1.3049 480357 5125 2023-06-30 LOW
INVESCO Asset Management Limited Investment Advisor/Hedge Fund 1.1787 433891 -4621 2023-06-30 LOW
Norges Bank Investment Management (NBIM) Sovereign Wealth Fund 1.1 404940 114600 2022-12-31 LOW
Northern Trust Investments, Inc. Investment Advisor/Hedge Fund 1.0054 370083 -47672 2023-06-30 LOW
Charles Schwab Investment Management, Inc. Investment Advisor 0.8105 298336 -21557 2023-06-30 LOW

Avantax Company profile

About Blucora Inc

Blucora, Inc. is a provider of tax-focused wealth management services and software. Its segments include the Wealth Management segment and the Tax Software segment. The Wealth Management segment consists of the operations of Avantax Wealth Management, which provides tax-focused wealth management solutions for financial professionals, tax professionals, certified public accounting (CPA) firms, and their clients; and Avantax Planning Partners, which operates as an employee-based registered investment advisor and wealth management business that partners with CPA firms in order to provide their consumer and small business clients with financial planning and advisory services, as well as retirement plan solutions through Avantax Retirement Plan Services. The Tax Software business consists of the operations of TaxAct, Inc. and provides digital tax preparation services, packaged tax software, and ancillary services for consumers, small business owners, and tax professionals.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Blucora Inc revenues increased 17% to $885.2M. Net income totaled $7.8M vs. loss of $342.8M. Revenues reflect Welath Management segment increase of 21% to $658.2M, Tax Preparation segment increase of 9% to $227M. Net Income reflects Corporate Level Activity segment loss decrease of 66% to $133.5M, Tax Preparation segment income increase of 65% to $81.9M.

Equity composition

Common Stock $.0001 Par, 04/11, 900M auth., 36,425,934 issd. Insiders own 0.71%. IPO: 12/98, 5M shs. @ $15 by Hambrecht & Quist. PO 3/99, 3.2M shs. (1.9M by Co.) @ $89.50 by H&Q. 9/02, 1-for-10 reverse;4/00, 1/00, 5/99, 2-for-1 splits. *10/00, Acquired Go2Net @ 1.82 shares (57,109,569 shs.). FY'01 Q's are reclassified.

Industry: Wealth Management

3200 Olympus Blvd.
Suite 100
DALLAS
TEXAS 75019
US

News

A weaker Dollar drives gold higher

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13:49, 28 November 2023

Q3 US Earnings Recap: Profits surprise to the upside, but outlook remains uncertain

US earnings for the third quarter were far better than expected. However, uncertainty about the outlook for company profits continues. We review the quarterly earnings and look ahead to what the markets expect from S&P 500 companies going forward.

13:20, 28 November 2023

RBNZ Preview: Rates expected to remain unchanged at final meeting of 2023

The RBNZ meets for the final time this year on Wednesday, 29th of November, 2023. We preview what to expect and how it could impact the New Zealand Dollar.

13:04, 28 November 2023

Crude prices slide on OPEC+ uncertainty

Crude prices have chopped sideways amid signs of turmoil within OPEC+. We look at the fundamentals of the oil market and the technical levels of WTI.

12:55, 28 November 2023
GBP

UK AUTUMN BUDGET: Will Hunt cut taxes? How will GBP react this time around?

UK Chancellor Hunt will deliver the 2023 autumn statement to MPs on Wednesday 22 November.

10:48, 21 November 2023

Gold Rises as Traders price-in Fed Rate Cuts

Gold prices have declined despite a drop in Treasury yields and a weaker US Dollar. We look at the key drivers and technical levels for the gold price.

13:17, 20 November 2023
Gold bars

XAU/USD Latest: Gold advances as weaker data weighs on US yields

Gold moves higher as softer economic data weighs on US yields and the dollar

13:43, 17 November 2023

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