AYX Stock Overview
Alteryx, Inc. provides end-to-end analytics platform for data analysts and scientists worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$53.09|
|52 Week High||US$140.36|
|52 Week Low||US$53.05|
|1 Month Change||-16.84%|
|3 Month Change||-27.04%|
|1 Year Change||-57.81%|
|3 Year Change||-24.05%|
|5 Year Change||n/a|
|Change since IPO||242.52%|
Recent News & Updates
Alteryx: Turnaround Gaining Steam, Buy While It's Cheap
Alteryx is a data analytics company that partners with many leading companies such as Snowflake. Alteryx’ growth slowdown started nearly two years ago, and the CEO transition occurred a bit over a year ago. Alteryx has reorganized its sales motion and has been on an acquisition rampage recently to accelerate its move from on-premise to cloud by two years. Given Alteryx’ high margins, consistent ARR growth and large addressable market, the stock could deliver strong returns over time from its current point (~6x ARR). Several comparisons further confirm that Alteryx is valued much cheaper than other software companies.
Alteryx: Analyzing Its Transition And Evaluating The Shares
Alteryx has spent much of 2021 in the investor doghouse with the shares down by about 50% over the past year. That share price performance belies some encouraging news in terms of the company's operating performance, with ARR growth accelerating to 29% last quarter. In addition, customer churn has reduced to its lowest level since 2019, and salesforce turnover has also diminished notably. Since the retirement of the company founder in the fall of 2020, much of the senior management team is new to the company. The company has introduced a Designer Cloud and Intelligence Suite (AI) to take advantage of the still enormous market opportunities in its space.
Alteryx: Embracing The SaaS Transition
Shares of Alteryx have crumbled nearly 50% year-to-date. The company is embarking on a long-needed shift to a subscription-based, cloud-first business model. The company has among the highest margins in the software industry, routinely clocking in at or above 90%. Data integration use cases will become more proliferated as more businesses incorporate big data into day-to-day processes.
Does Alteryx (NYSE:AYX) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|AYX||US Software||US Market|
Return vs Industry: AYX underperformed the US Software industry which returned 9.6% over the past year.
Return vs Market: AYX underperformed the US Market which returned 6.6% over the past year.
|AYX Average Weekly Movement||6.7%|
|Software Industry Average Movement||8.6%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: AYX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: AYX's weekly volatility (7%) has been stable over the past year.
About the Company
Alteryx, Inc. provides end-to-end analytics platform for data analysts and scientists worldwide. Its analytic process automation software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications. The company also offers Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository; Alteryx Analytics Hub, a server-based product that provides a centralized and governed, web-based experience for process automation, collaboration, and analytics; Alteryx Intelligence Suite, a hub for machine learning and artificial intelligence capabilities for automated modeling, optical character recognition, and natural language processing; and Alteryx Community, which allow users to gain valuable insights in its platform.
Alteryx Fundamentals Summary
|AYX fundamental statistics|
Is AYX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AYX income statement (TTM)|
|Cost of Revenue||US$49.98m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 15, 2022
|Earnings per share (EPS)||-1.78|
|Net Profit Margin||-22.97%|
How did AYX perform over the long term?See historical performance and comparison
Is Alteryx undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AYX ($53.09) is trading below our estimate of fair value ($106.28)
Significantly Below Fair Value: AYX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AYX is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: AYX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AYX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AYX is overvalued based on its PB Ratio (8.7x) compared to the US Software industry average (4.9x).
How is Alteryx forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AYX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: AYX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: AYX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: AYX's revenue (15.4% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: AYX's revenue (15.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AYX's Return on Equity is forecast to be low in 3 years time (3.1%).
How has Alteryx performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AYX is currently unprofitable.
Growing Profit Margin: AYX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AYX is unprofitable, and losses have increased over the past 5 years at a rate of 19.1% per year.
Accelerating Growth: Unable to compare AYX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AYX is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20.5%).
Return on Equity
High ROE: AYX has a negative Return on Equity (-29.34%), as it is currently unprofitable.
How is Alteryx's financial position?
Financial Position Analysis
Short Term Liabilities: AYX's short term assets ($767.9M) exceed its short term liabilities ($289.5M).
Long Term Liabilities: AYX's short term assets ($767.9M) do not cover its long term liabilities ($775.0M).
Debt to Equity History and Analysis
Debt Level: AYX's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: AYX's debt to equity ratio has increased from 0% to 184.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AYX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AYX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.6% per year.
What is Alteryx current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AYX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AYX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AYX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AYX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AYX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Anderson (59 yo)
Mr. Mark F. Anderson serves as Chief Executive Officer of Alteryx, Inc since October 5, 2020. Mr. Anderson serves as Venture Partner at Lightspeed Venture Partners since joining in 2020. He has been a Dire...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD21.28M) is above average for companies of similar size in the US market ($USD5.23M).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Experienced Management: AYX's management team is considered experienced (3 years average tenure).
Experienced Board: AYX's board of directors are considered experienced (4.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alteryx, Inc.'s employee growth, exchange listings and data sources
- Name: Alteryx, Inc.
- Ticker: AYX
- Exchange: NYSE
- Founded: 1997
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$3.581b
- Shares outstanding: 67.45m
- Website: https://www.alteryx.com
Number of Employees
- Alteryx, Inc.
- 3345 Michelson Drive
- Suite 400
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 23:46|
|End of Day Share Price||2022/01/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.