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AVTA / Avantax: Very Undervalued Stock, Selling Assets, And With An Activist

Avantax: Very Undervalued Stock, Selling Assets, And With An Activist
Avantax expects revenue growth in 2023 and has implemented aggressive actions to enhance its valuation, including a Dutch tender offer and a stock repurchase program. The company offers integrated tax-focused wealth management services and platforms, and its strategy is expected to attract more clients and investors as recurrent revenue increases. Risks for Avantax include a decline in the stock market, underperformance of investments, and difficulty in attracting and retaining financial professionals. Read More
Posted: Jun 25 2023, 02:00
Author Name: Seeking Alpha
Views: 101971

AVTA News  

Why Avantax Stock Soared 29% This Week

By The Motley Fool
September 14, 2023

Why Avantax Stock Soared 29% This Week

On Monday, Avantax announced it has agreed to be acquired by Cetera Holdings in an all-cash transaction worth $1.2 billion. The deal still requires ap more_horizontal

Cetera to Aquire Avantax in $1.2 Billion Cash Deal

By Investopedia
September 11, 2023

Cetera to Aquire Avantax in $1.2 Billion Cash Deal

Avantax (AVTA), a leader in tax-focused financial planning and wealth management, has agreed to be acquired by financial advisor, Cetera, in a deal va more_horizontal

Avantax to go private in deal valued at $1.2B

By Market Watch
September 11, 2023

Avantax to go private in deal valued at $1.2B

Avantax Inc. AVTA, +0.50% stock was up 2.6% in premarket trades Monday after it said it agreed to be acquired by Cetera Financial Group for $26 a shar more_horizontal

The 3 Most Undervalued Financial Services Stocks to Buy Now: August 2023

By InvestorPlace
August 15, 2023

The 3 Most Undervalued Financial Services Stocks to Buy Now: August 2023

There are many options to invest in the financial sector of the capital markets. It can be quite difficult and cumbersome to look for the best investm more_horizontal

Why Avantax Stock Was Down 19.9% This Week

By The Motley Fool
August 11, 2023

Why Avantax Stock Was Down 19.9% This Week

Avantax rebranded from Blucora in Q1 and is now a pure-play wealth manager. Earnings were down in the second quarter, but revenue was up. more_horizontal

Avantax (AVTA) Q2 Earnings and Revenues Miss Estimates

By Zacks Investment Research
August 9, 2023

Avantax (AVTA) Q2 Earnings and Revenues Miss Estimates

Avantax (AVTA) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings more_horizontal

Avantax to Announce Second Quarter 2023 Financial Results Wednesday, August 9, 2023

By GlobeNewsWire
July 31, 2023

Avantax to Announce Second Quarter 2023 Financial Results Wednesday, August 9, 2023

DALLAS, July 31, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA), a leading provider of tax-focused wealth management services, that empowers p more_horizontal

SYF or AVTA: Which Is the Better Value Stock Right Now?

By Zacks Investment Research
July 18, 2023

SYF or AVTA: Which Is the Better Value Stock Right Now?

Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Synchrony (SYF) or Avantax (AVTA). But whi more_horizontal


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