Alteryx stock: buy or sell?

AYX stock price: $139.03 -2.30% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

4

Shares of Alteryx closed today at $139.03 after topping to a new all time high ($144.61) even it couldn't close with gains and fell a fatal -2.30%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 2 buy setups are elegible for Alteryx stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Alteryx stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we detected 15 ratings published for AYX stock in the last month.

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 closed today at $139.03 after marking a new all time high ($144.61) even it couldn't close with gains and fell a fatal -2.30%.

After marking all time highs today, Alteryx fell -2.30% today to $139.03. From a daily perspective, AYX is in a short term uptrend after plotting its last bottom ($120.45, on Aug/7) higher than the previous bottom, and its last top ($136.34, on Aug/13) 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 $136.34 or down under $120.45. Since price and SMA50d lines crossed up on June, AYX climbed $53.61 (62.76%).

AYX stock chart (daily)

Weekly outlook

Alteryx touched new all time highs back again this week, marking to $144.61. Shares ended at $139.03 and rose 3.93% during the week. Counting this, it's been 5 climbing weeks in a row, soaring a 18.94%. Late July AYX rocketed an extraordinary 6.64% in just one week.

AYX shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early June, AYX climbed unceasignly breaking out to new all time highs. Since late December 2018 when SMA10w and SMA20w crossed up, AYX price gained $89.15 per share (178.73%). Late December 2018 AYX price bounced up over the SMA of 20 weeks that acted as support stopping new slides.

AYX stock chart (weekly)

Alteryx stock price history

Alteryx stock went public on March 24th, 2017 with a price of $17.251. Since then, AYX stock grew a 706.00%, with an average of 353.00% per year. If you had invested $1,000 in Alteryx stock in 2017, it would worth $7,060.00 today.

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

Alteryx stock historical price chart

AYX stock reached all-time highs today with a price of $144.61.

Alteryx stock price target is $119.60

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' AYX stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 14 price targets 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%
The price target for Alteryx stock is $119.60, moving in a range between $145.00 and $93.00. In average, analysts' outlook on AYX price target is positive, upgrading the target by a 16.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last February, when Alteryx published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
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

In 2018, Alteryx annual sales boosted an astounding 92.67% to $253.57 million USD from $131.61 marked in 2017. Likewise, its income margin (compared to revenues) skyrocketed to 11.05%, that is $28.02 million.

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 reported $109.77 million 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 boosted a 35.75% compared to previous quarter when profit margin was -0.45%. When comparing turnover to same quarter last year, Alteryx sales marked a super good increase and rocketed a 184.48%. Looking back to recent quarterly results, Alteryx posted 6 negative 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 review its ownership structure.

Alteryx shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.21% of all shares.

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

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

AYXPANW
Market cap$6.5 B$19.3 B
Total shares46.5 M94.3 M
Float shares45.1 M93.5 M
  - Institutional holdings (%)115.9%83.9%
  - Insider holdings (%)1.2%2.8%
Shares in short selling0.0%0.0%

Alteryx summary

Friday, August 23rd, 2019
Open$142.30
Close$139.03
Day range$138.25 - $144.61
Previous close$142.30
Session gain-2.30%
Average true range$5.68
50d mov avg$120.07
100d mov avg$103.92
200d mov avg$85.49
Daily patternlt06a
Weekly pattern lb03c

Alteryx performance

To better understand Alteryx performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Alteryx to Array:
Stock3m6m12m
AYXAlteryx61.12%88.80%146.42%
PANWPalo Alto Network...-5.41%-11.10%-9.26%

Alteryx competitors

Creating a list of competitors for Alteryx it's a hard job. We selected just one public company that in our opinion is related to and can be considered Alteryx competitor: