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AYX

AlteryxNYSE:AYX Stock Report

Last Price

US$53.09

Market Cap

US$3.6b

7D

-9.0%

1Y

-57.8%

Updated

21 Jan, 2022

Data

Company Financials +
AYX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

AYX Stock Overview

Alteryx, Inc. provides end-to-end analytics platform for data analysts and scientists worldwide.

Alteryx Competitors

salesforce.com

NYSE:CRM

US$215.4b

ANSYS

NasdaqGS:ANSS

US$28.4b

Paycom Software

NYSE:PAYC

US$18.0b

RingCentral

NYSE:RNG

US$15.6b

Price History & Performance

Summary of all time highs, changes and price drops for Alteryx
Historical stock prices
Current Share PriceUS$53.09
52 Week HighUS$140.36
52 Week LowUS$53.05
Beta0.64
1 Month Change-16.84%
3 Month Change-27.04%
1 Year Change-57.81%
3 Year Change-24.05%
5 Year Changen/a
Change since IPO242.52%

Recent News & Updates

Jan 13

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.

Jan 05

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.

Dec 17

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.

Dec 04
Does Alteryx (NYSE:AYX) Have A Healthy Balance Sheet?

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...

Shareholder Returns

AYXUS SoftwareUS Market
7D-9.0%-5.5%-6.1%
1Y-57.8%6.1%4.2%

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.

Price Volatility

Is AYX's price volatile compared to industry and market?
AYX volatility
AYX Average Weekly Movement6.7%
Software Industry Average Movement8.6%
Market Average Movement6.7%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.4%

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

FoundedEmployeesCEOWebsite
19971,786Mark Andersonhttps://www.alteryx.com

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

How do Alteryx's earnings and revenue compare to its market cap?
AYX fundamental statistics
Market CapUS$3.58b
Earnings (TTM)-US$120.10m
Revenue (TTM)US$522.86m

6.8x

P/S Ratio

-29.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AYX income statement (TTM)
RevenueUS$522.86m
Cost of RevenueUS$49.98m
Gross ProfitUS$472.88m
ExpensesUS$592.98m
Earnings-US$120.10m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 15, 2022

Earnings per share (EPS)-1.78
Gross Margin90.44%
Net Profit Margin-22.97%
Debt/Equity Ratio184.4%

How did AYX perform over the long term?

See historical performance and comparison

Valuation

Is Alteryx undervalued compared to its fair value and its price relative to the market?

>50%

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).


Future Growth

How is Alteryx forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

17.5%

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%).


Past Performance

How has Alteryx performed over the past 5 years?

-19.1%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Mark Anderson (59 yo)

1.25yrs

Tenure

US$21,275,454

Compensation

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.


Leadership Team

Experienced Management: AYX's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: AYX's board of directors are considered experienced (4.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alteryx, Inc.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Alteryx, Inc.
  • 3345 Michelson Drive
  • Suite 400
  • Irvine
  • California
  • 92612
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:46
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.