Alteryx stock: buy or sell?
January 17th, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-1||Bank of America||Buy||Buy|
|2019-7-30||Needham & Company LLC||Buy||Buy|
|2019-6-7||Goldman Sachs Group||n/a||Buy|
|2019-6-12||Needham & Company LLC||Buy||Positive|
|2019-5-2||Bank of America||Buy||Buy|
Alteryx stock analysis
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.
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.
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 $119.60Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-1||Bank of America||Raises Target||$126.00||$140.00||11.1%|
|2019-7-30||Needham & Company LLC||Raises Target||$120.00||$139.00||15.8%|
|2019-6-7||Goldman Sachs Group||Initiates||n/a||$111.00||-|
|2019-6-12||Needham & Company LLC||Reiterates||$108.00||$120.00||11.1%|
|2019-6-12||DA Davidson||Raises Target||n/a||$95.00||-|
|2019-5-2||Bank of America||Reiterates||$90.00||$105.00||16.7%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%.
|2014||$38 M||-||$-20.33 M-53.5%||-|
|2015||$54 M||41.69%||$-21.45 M-39.9%||5.51%|
|2016||$86 M||59.40%||$-24.26 M-28.3%||13.09%|
|2017||$132 M||53.41%||$-17.50 M-13.3%||-27.86%|
|2018||$254 M||92.67%||$28 M11.1%||-260.12%|
Quarterly financial resultsAlteryx 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.
|2017-Q2||$30 M||-||$-7 M-23.1%||-|
|2017-Q3||$34 M||12.65%||$-3 M-9.7%||-52.80%|
|2017-Q4||$39 M||12.98%||$-2 M-4.0%||-53.35%|
|2018-Q1||$43 M||10.97%||$-5 M-12.1%||236.97%|
|2018-Q2||$47 M||9.28%||$-5 M-11.3%||2.10%|
|2018-Q3||$54 M||15.78%||$0 M-0.5%||-95.39%|
|2018-Q4||$110 M||102.61%||$39 M35.3%||-15,979.10%|
|2019-Q1||$76 M||-30.75%||$6 M7.8%||-84.74%|
Alteryx ownershipWhen 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:
|Market cap||$6.5 B|
|Total shares||51.8 M|
|Float shares||47.3 M|
|- Institutional holdings (%)||91.1%|
|- Insider holdings (%)||1.6%|
|Shares in short selling||0.0%|
|Friday, January 17th, 2020|
|Day range||$124.86 - $127.73|
|Average true range||$4.65|
|50d mov avg||$105.51|
|100d mov avg||$108.82|
|200d mov avg||$106.64|
Alteryx performanceTo 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 .