Streetbeat News

AVTA

Avantax Inc

http://www.blucora.com/

CEO

Christopher Walters

Employees

197

Industry

Data Processing, Hosting, and Related Services

about blucora™ blucora, inc. (nasdaq: bcor) operates a diverse group of internet businesses. its mission is to deliver long-term value to its customers, partners and shareholders through financial discipline, operational expertise, and technology innovation. recently named one of fortune® magazine's 100 fastest-growing companies, blucora's online businesses reach millions of users worldwide every day. blucora is headquartered in bellevue, washington. for more information, please visit www.blucora.com.

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Avantax (NASDAQ:AVTA) reported Q3 earnings of $0.36 per share, beating the analyst consensus estimate of $0.19 by 89.47%. This is a 280% increase over losses of $(0.20) per share from the same period last year. The company also reported quarterly sales of $192.34 million, beating the analyst consensus estimate of $191.90 million by 0.23%. This is a 12.03% increase over sales of $171.70 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 12:35 pm

The article lists four financial stocks that are considered overbought and may collapse this quarter. These include Assurant, Inc. (AIZ), Mercury General Corp (MCY), Universal Insurance Holdings, Inc. (UVE), and Avantax Inc (AVTA). The Relative Strength Index (RSI) values for these stocks are above 70, indicating they are overbought.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 11:33 am

Barrington Research analyst Alexander Paris has downgraded Avantax (NASDAQ:AVTA) from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 4:00 pm

Over the past 3 months, 5 analysts have published their opinion on Avantax (NASDAQ:AVTA) stock. The company has an average price target of $29.1, a decrease of 3.39% from the previous average price target of $30.12. The analysts' ratings range from bullish to indifferent.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 1:01 pm

Cantor Fitzgerald analyst Josh Siegler has downgraded Avantax (NASDAQ:AVTA) from Overweight to Neutral and lowered the price target from $27 to $26.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:28 am

U.S. stocks traded higher with the Nasdaq Composite gaining over 1%. JM Smucker announced an acquisition of Hostess Brands for $5.60 billion in cash & stock. Hostess Brands shares spiked 19% following the announcement. Other notable movements include Crinetics Pharmaceuticals shares shooting up 64% after positive Phase 3 study results, Avantax shares gaining 29% after agreeing to be acquired by Cetera Holdings, and SigmaTron International shares dropping 50% after releasing Q1 earnings.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 6:31 pm

Avantax has entered into an agreement to be acquired by Cetera Holdings for $26 per share in cash. This has led to a rise in Avantax's share price.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 6:02 pm

U.S. stocks traded higher with the Nasdaq Composite gaining around 80 points. Virco Mfg. Corporation's shares jumped around 12% after reporting better-than-expected Q2 earnings. NovaBay Pharmaceuticals, Crinetics Pharmaceuticals, and Avantax shares also surged. SigmaTron International, Tenon Medical, and Granite Ridge Resources shares dropped.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 4:03 pm

William Blair analyst Jeff Schmitt has downgraded Avantax (NASDAQ:AVTA) from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 3:43 pm

Avantax Inc. (NASDAQ:AVTA) has agreed to be acquired by Cetera Holdings for about $1.2 billion in an all-cash deal. Avantax stockholders will receive $26.00 per share in cash, a 30% premium over the September 8, 2023, closing stock price. After the completion, Avantax will become a standalone business unit within the Cetera family.

Portfolio Pulse from Akanksha Bakshi

September 11, 2023 | 2:00 pm

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