As of Friday close, Alteryx Inc.’s (NYSE:AYX) stock was down -$0.09, moving down -0.25 percent to $36.64. The average number of shares traded per day over the past five days has been 2,122,260 shares. 2 times new highs have been achieved over the past 5 days, with a $1.79 gain in that time frame. In the last twenty days, the average volume was 2,489,325, while in the previous 50 days, it was 2,469,496.
Since last month, AYX stock rose 25.52%. Shares of the company fell to $28.15 on 08/23/23, the lowest level in the past month. A 52-week high of $70.63 was reached on 02/14/23 after having rallying from a 52-week low of $27.92. Since the beginning of this year, AYX’s stock price has dropped by -27.69% or -$14.03, and marked a new high 13 times. However, the stock has declined by -48.12% since its 52-week high.
AYX stock investors should be aware that Alteryx Inc. (AYX) stock had its last reported insider trading activity 113 days ago on Jun 02. Natali Chris, the Chief Accounting Officer of the company, disposed of 1,000 shares for $43.31 on Jun 02. It resulted in a $43,310 divestment by the insider. Schloss Eileen sold 4,500 shares at an average price of $65.47 on Mar 08. The insider now owns 6,715 shares following the transaction. On Nov 30, President & CRO Hansen Paula sold 6,500 shares at $44.10 apiece. The transaction was valued at $286,650.
Valuation Metrics
The stock’s beta is 0.44. Besides these, the trailing price-to-sales (P/S) ratio of 2.94, the price-to-book (PB) ratio of 49.51.
Financial Health
In the three months ended June 29, Alteryx Inc.’s quick ratio stood at 2.60, while its current ratio was 2.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 23.75, and the total debt-to-equity ratio was 23.75. On the profitability front, the trailing twelve-month gross margin is 85.90% percent. In the year ended June 29, EBITDA margin amounted to -23.36%, whereas operating margins totaled -34.20%. Based on annual data, AYX earned $737.57 million in gross profit and brought in $855.35 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -29.00%. Return on equity (ROE) for the past 12 months was -248.70%.
In Alteryx Inc.’s quarter-end financial report for June 29, it reported total debt of $1.24 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. AYX’s revenue rose 3.93% to $199.09 million during the quarter, while net income inched up to $188.0 million. While analysts expected Alteryx Inc. to report -$0.67 quarterly earnings, the actual figure was -$0.37 per share, beating the consensus estimate by 44.80%. During the quarter, the company generated -$105.93 million in EBITDA. The liabilities of Alteryx Inc. were 1.68 billion at the end of its most recent quarter ended June 29, and its total debt was $1.29 billion. The value of shareholders’ equity is $71.05 million.
Technical Picture
This quick technical analysis looks at Alteryx Inc.’s (AYX) price momentum. With a historical volatility rate of 33.81%, the RSI 9-day stood at 68.23% on 22 September.
With respect to its five-day moving average, the current Alteryx Inc. price is up by +5.14% percent or $1.79. At present, AYX shares trade +28.56% above its 20-day simple moving average and -3.45% percent below its 100-day simple moving average. However, the stock is currently trading approximately -13.48% below its SMA50 and -11.67% below its SMA200.
Stochastic coefficient K was 90.25% and Stochastic coefficient D was 88.65%, while ATR was 1.36. Given the Stochastic reading of 91.18% for the 14-day period, the RSI (14) reading has been calculated as 62.31%. As of today, the MACD Oscillator reading stands at 0.58, while the 14-day reading stands at 1.19.
Analyst Ratings
Morgan Stanley upgraded its rating on Alteryx Inc. (NYSE: AYX) to an Overweight in a note to investors on September 18, 2023. The analysts firm previously had an Equal-weight rating on the stock.Alteryx Inc. (AYX) has been rated Overweight by analysts. According to 0 brokerage firms, AYX is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Alteryx Inc. stock as buy, with 11 recommending it as overweight.
With a median target price of $45.00, the current consensus forecast for the stock is $30.00 – $64.00. Based on these forecasts, analysts predict Alteryx Inc. (AYX) will achieve an average price target of $47.11.
