Alteryx stock: buy or sell?
August 23rd, 2019
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:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|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 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%).
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.
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 $119.60How 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:
|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 ShareSince last February, when Alteryx published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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.
|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 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.
|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 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:
|Market cap||$6.5 B||$19.3 B|
|Total shares||46.5 M||94.3 M|
|Float shares||45.1 M||93.5 M|
|- Institutional holdings (%)||115.9%||83.9%|
|- Insider holdings (%)||1.2%||2.8%|
|Shares in short selling||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$138.25 - $144.61|
|Average true range||$5.68|
|50d mov avg||$120.07|
|100d mov avg||$103.92|
|200d mov avg||$85.49|
Alteryx performanceTo 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:
|PANWPalo Alto Network...||-5.41%||-11.10%||-9.26%|