Avantax, Inc. (AVTA)
After hours:
| Previous close | 25.55 |
| Open | 25.58 |
| Bid | 25.38 x 1800 |
| Ask | 25.73 x 1400 |
| Day's range | 25.50 - 25.64 |
| 52-week range | 17.94 - 30.23 |
| Volume | |
| Avg. volume | 502,682 |
| Market cap | 938.327M |
| Beta (5Y monthly) | 1.28 |
| PE ratio (TTM) | 510.40 |
| EPS (TTM) | 0.05 |
| Earnings date | 30 Oct 2023 - 03 Nov 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 09 Jan 2008 |
| 1y target est | 28.67 |
Motley FoolWhy Avantax Stock Soared 29% This Week
Shares of Avantax (NASDAQ: AVTA) are up 29% this week as of Thursday's close, according to data provided by S&P Global Market Intelligence, after the tax-focused financial planning and wealth management firm agreed to be acquired by privately held Cetera Financial Group. In a press release dated Monday, Sept. 11, Avantax announced it has entered into a definitive agreement to be acquired by Cetera in an all-cash transaction valued at roughly $1.2 billion, net of Avantax's debt. More specifically, holders of Avantax common stock will receive $26 per share in cash -- a roughly 30% premium from Avantax's closing price on Sept. 8, 2023 -- subject to required withholding taxes.
Motley FoolWhy Avantax Stock Was Down 19.9% This Week
Wealth management and financial planning firm Avantax (NASDAQ:AVTA) saw its share price fall 19.9% this week, as of 1:30 p.m. ET on Friday, according to S&P Global Market Intelligence. The stock price had been down as much as 23.8% during the week. It was a mixed bag for the markets this week as the S&P 500 was down 0.4%, the Dow Jones Industrial Average was up 0.6%, and the Nasdaq Composite had fallen 1.8% for the week, as of 1:30 p.m. ET on Friday.
ZacksAvantax (AVTA) Q2 Earnings and Revenues Miss Estimates
Avantax (AVTA) delivered earnings and revenue surprises of -47.06% and 0.52%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
