AVANTAX INC (AVTA) Forecast, Price Target & Analyst Ratings

NASDAQ:AVTA • US0952291005

Current stock price

25.99 USD
-0.01 (-0.04%)
At close:
25.995 USD
+0.01 (+0.02%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for AVANTAX INC (AVTA).

Forecast Snapshot

Consensus Price Target

Price Target
$29.24
+ 12.50% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 13, 2024
Period
Q4 / 2023
EPS Estimate
$0.20
Revenue Estimate
199.97M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
76.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$29.24
Upside
+ 12.50%
From current price of $25.99 to mean target of $29.24, Based on 10 analyst forecasts
Low
$26.26
Median
$30.60
High
$31.50

Price Target Revisions

1 Month
0.00%
3 Months
-1.15%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for AVTA. The average price target is 29.24 USD. This implies a price increase of 12.5% is expected in the next year compared to the current price of 25.99.
The average price target has been revised downward by 1.15% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

AVTA Current Analyst RatingAVTA Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

AVTA Historical Analyst RatingsAVTA Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -13 -12 -11 -10 -9 -8 -7 -6 -5 -4 -3 -2 -1 0 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
76.00%
AVTA was analyzed by 10 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about AVTA.
In the previous month the buy percentage consensus was at a similar level.
AVTA was analyzed by 10 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-09-12Cantor FitzgeraldDowngrade Overweight -> Neutral
2023-09-12Barrington ResearchDowngrade Outperform -> Market Perform
2023-09-11William BlairDowngrade Outperform -> Market Perform
2023-08-11Cantor FitzgeraldMaintains Overweight -> Overweight
2023-08-11BenchmarkMaintains Buy -> Buy
2023-08-10Barrington ResearchReiterate Outperform -> Outperform
2023-06-27Barrington ResearchReiterate Outperform -> Outperform
2023-06-01Barrington ResearchReiterate Outperform -> Outperform
2023-04-14Barrington ResearchReiterate Outperform
2023-02-17Barrington ResearchReiterate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 13, 2024
Period
Q4 / 2023
EPS Estimate
$0.20
Revenue Estimate
199.97M
Revenue Q2Q
15.99%
EPS Q2Q
763.00%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
0.19%
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
N/A

Next Earnings Summary

AVTA is expected to report earnings on 2/13/2024. The consensus EPS estimate for the next earnings is 0.2 USD and the consensus revenue estimate is 199.97M USD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2024

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024
Revenue
YoY % growth
AVTA revenue by date.AVTA revenue by date.
546.2M
-23.92%		658.2M
20.51%		666.5M
1.26%		767.09M
15.09%		832.42M
8.52%
EBITDA
YoY % growth
AVTA ebitda by date.AVTA ebitda by date.
16.6M
-86.27%		17.1M
3.01%		22.2M
29.82%		126.28M
468.83%		135.96M
7.67%
EBIT
YoY % growth
AVTA ebit by date.AVTA ebit by date.
-20M
-126.08%		-20.2M
-1.00%		-15.5M
23.27%		40.416M
360.75%		64.887M
60.55%
Operating Margin
AVTA operating margin by date.AVTA operating margin by date.
-3.66%-3.07%-2.33%5.27%7.79%
EPS
YoY % growth
AVTA eps by date.AVTA eps by date.
1.11
-46.89%		1.77
59.46%		1.82
2.82%		0.43
-76.46%		0.89
107.14%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		0.20
763.00%		0.21
2,242.00%		0.22
149.33%		0.26
737.50%		0.27
35.90%
Revenue
Q2Q % growth		199.97M
15.99%		200.61M
12.70%		205.76M
10.09%		211.78M
10.13%		217.1M
8.57%
EBITDA
Q2Q % growth		33.796M
-23.71%		32.309M
284.63%		33.417M
11.02%		34.438M
4.99%		34.83M
3.06%
EBIT
Q2Q % growth		17.081M
158.80%		15.32M
1,121.33%		15.605M
50.05%		17.18M
587.20%		18.218M
6.66%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AVTA Yearly Revenue VS EstimatesAVTA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
AVTA Yearly EPS VS EstimatesAVTA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.5 1 1.5 2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

AVANTAX INC / AVTA Forecast FAQ

What do analysts expect the price target to be for AVANTAX INC (AVTA)?

10 analysts have analysed AVTA and the average price target is 29.24 USD. This implies a price increase of 12.5% is expected in the next year compared to the current price of 25.99.

What is the next earnings date for AVTA stock?

AVANTAX INC (AVTA) will report earnings on 2024-02-13, after the market close.

What are the consensus estimates for AVTA stock next earnings?

The consensus EPS estimate for the next earnings of AVANTAX INC (AVTA) is 0.2 USD and the consensus revenue estimate is 199.97M USD.