Alteryx stock: buy or sell?

AYX stock price: $126.07 0.05% At close on January 17th, 2020

Updated on:
January 17th, 2020

3

Shares of Alteryx closed yesterday at $126.07 and stayed stable a neutral 0.05%. Friday was the 3rd climbing session in a row, soaring 4.71%.

Alteryx, Inc. provides self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts.

Should I buy Alteryx stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Alteryx stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean AYX will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Alteryx stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 15 ratings published for AYX stock in the last 30 days.

The general sentiment of these ratings is bullish for AYX stock, with 12 positive ratings.
Is AYX a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-13Compass Pointn/aBuy
2019-8-1Wedbushn/aNeutral
2019-8-1KeyCorpn/aOverweight
2019-8-1Bank of AmericaBuyBuy
2019-7-30Needham & Company LLCBuyBuy
2019-6-7Goldman Sachs Groupn/aBuy
2019-6-26Cowenn/aOutperform
2019-6-17Oppenheimern/aOutperform
2019-6-14KeyCorpPositiveOverweight
2019-6-14KeyCorpPositiveOverweight
2019-6-12Needham & Company LLCBuyPositive
2019-6-12DA DavidsonPositiveNeutral
2019-5-2KeyCorpOverweightOverweight
2019-5-2Bank of AmericaBuyBuy
2019-3-1CitigroupBuyBuy

Alteryx stock analysis

Daily outlook

Shares of Alteryx ended yesterday at $126.07 and stayed stable a neutral 0.05%.

Alteryx stayed steady a neutral 0.05% and closed at $126.07. In the last 16 days when AYX stock price broke up the SMA200d line, it gained $26.00 (25.98%). From a daily perspective, AYX is in a short term uptrend after plotting its last bottom ($97.28, on Dec 30th) higher than the previous bottom, and its last top ($127.63, on Wednesday) also over the previous top. Now trading in between its last bottom and last top AYX might consolidate in a plain range, waiting to break out over $127.63 or down under $97.28. On September, AYX hit new all time highs, pushing higher previous ATH of $147.24 recorded on September. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

AYX stock chart (daily)

Weekly outlook

After boosting an astounding 10.89% in a week last week, Alteryx closed this week at $126.07 and rocketed a brilliant 5.15%. Early December AYX plunged a dreadful -13.16% in just one week. Counting this, it's been 5 green weeks in a row, gaining $30.54 or 28.25%.

Since last week when AYX stock price broke up the SMA40w line, it gained $19.24 (18.01%). Far behind is the all-time high Alteryx recorded early September and since then the price is -14.70% below that top.

AYX stock chart (weekly)

Alteryx stock price history

Alteryx IPO was on March 24th, 2017 at $17.25 per share1. Since then, AYX stock surged a 630.80%, with a yearly average of 315.40%. If you had invested $1,000 in Alteryx stock in 2017, it would worth $6,308.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Alteryx stock historical price chart

AYX stock reached all-time highs on September with a price of $147.79.

Alteryx stock price target is $119.60

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 14 price forecasts for AYX stock posted in the last month:
AYX stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-1WedbushReiterates$93.00$123.0032.3%
2019-8-1KeyCorpRaises Target$123.00$145.0017.9%
2019-8-1Bank of AmericaRaises Target$126.00$140.0011.1%
2019-7-30Needham & Company LLCRaises Target$120.00$139.0015.8%
2019-6-7Goldman Sachs GroupInitiatesn/a$111.00-
2019-6-26CowenRaises Target$112.00$137.0022.3%
2019-6-17OppenheimerRaises Target$93.00$120.0029%
2019-6-14KeyCorpReiterates$100.00$123.0023%
2019-6-14KeyCorpRaises Target$100.00$123.0023%
2019-6-12Needham & Company LLCReiterates$108.00$120.0011.1%
2019-6-12DA DavidsonRaises Targetn/a$95.00-
2019-5-2KeyCorpRaises Target$85.00$100.0017.6%
2019-5-2Bank of AmericaReiterates$90.00$105.0016.7%
2019-3-1CitigroupRaises Target$85.00$93.009.4%
(in average)$102.90$119.6016.0%
Moving in a range from $145.00 and $93.00, the price target for Alteryx stock is $119.60. In average, analysts' outlook on AYX price forecast is positive, improving the prediction by a 16.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on February, Alteryx . As soon as we get its actual EPS from the earnings report, we will extend this report.
AYX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.12n/a
2017-Q3-n/a-0.06n/a
2017-Q42018-02-21-0.06-0.02n/a
2018-Q12018-05-09-0.1-0.07n/a
2018-Q22018-08-08-0.15-0.15n/a
2018-Q32018-11-07-0.10.03n/a
2018-Q42019-02-27-0.08-0.08n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw an amazing growth of 92.67% to $253.57 M dollars. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) climbed a 24.35% to 11.05%.

AYX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$38 M-$-20.33 M-53.5%-
2015$54 M41.69%$-21.45 M-39.9%5.51%
2016$86 M59.40%$-24.26 M-28.3%13.09%
2017$132 M53.41%$-17.50 M-13.3%-27.86%
2018$254 M92.67%$28 M11.1%-260.12%

Quarterly financial results

Alteryx posted $109.77 M in sales for 2018-Q4, a 102.61% improvement compared to previous quarter. Reported quarter earnings marked $38.75 million with a profit margin of 35.30%. Profit margin rocketed a 35.75% compared to previous quarter when profit margin was -0.45%. When comparing sales to same quarter last year, Alteryx sales marked a super good gain and boosted a 184.48%. Looking back to recent quarterly results, Alteryx posted 6 positive quarters in a row.
AYX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$30 M-$-7 M-23.1%-
2017-Q3$34 M12.65%$-3 M-9.7%-52.80%
2017-Q4$39 M12.98%$-2 M-4.0%-53.35%
2018-Q1$43 M10.97%$-5 M-12.1%236.97%
2018-Q2$47 M9.28%$-5 M-11.3%2.10%
2018-Q3$54 M15.78%$0 M-0.5%-95.39%
2018-Q4$110 M102.61%$39 M35.3%-15,979.10%
2019-Q1$76 M-30.75%$6 M7.8%-84.74%

Alteryx ownership

When you are planning to buy shares of a stock, it's always worth to overview its ownership structure.

Alteryx shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.64% of all shares.

Bearish positions for AYX stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related companies:

AYX
Market cap$6.5 B
Total shares51.8 M
Float shares47.3 M
  - Institutional holdings (%)91.1%
  - Insider holdings (%)1.6%
Shares in short selling0.0%

Alteryx summary

Friday, January 17th, 2020
Open$127.21
Close$126.07
Day range$124.86 - $127.73
Previous close$126.01
Session gain0.05%
Average true range$4.65
50d mov avg$105.51
100d mov avg$108.82
200d mov avg$106.64
Daily patternlt06a
Weekly pattern lb11c

Alteryx performance

To better understand Alteryx performance you must becnhmark its gains with other related stocks in same sector or industry. For Alteryx, the benchmark is made against .
Stock3m6m12m
AYXAlteryx32.15%7.52%71.48%

Alteryx competitors

Unfortunately, we could not find any public company that could be defined as Alteryx competitor. This doesn't mean Alteryx does not have any competitor in the market, it's just we could not detected it.