An investigation into Alteryx Inc. (NYSE:AYX)’s technical aspects

The price of Alteryx Inc. (NYSE: AYX) closed at $53.71 in the last session, down -0.35% from day before closing price of $53.90. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 512089 shares were traded. AYX stock price reached its highest trading level at $54.86 during the session, while it also had its lowest trading level at $53.00.

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Ratios:

We take a closer look at AYX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 5.62 whereas as Long-Term Debt/Eq ratio is at 5.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wedbush on December 15, 2022, initiated with a Neutral rating and assigned the stock a target price of $50.

On May 23, 2022, FBN Securities started tracking the stock assigning a Outperform rating and target price of $80.

Rosenblatt reiterated its Buy rating for the stock on February 16, 2022, while the target price for the stock was revised from $100 to $87.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 30 when Hansen Paula sold 6,500 shares for $44.10 per share. The transaction valued at 286,650 led to the insider holds 105,793 shares of the business.

Stoecker Dean sold 20,000 shares of AYX for $1,237,333 on Mar 11. The Director now owns 0 shares after completing the transaction at $61.87 per share. On Feb 24, another insider, HORING JEFF, who serves as the Director of the company, bought 56,829 shares for $55.71 each. As a result, the insider paid 3,166,209 and bolstered with 911,829 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 23.66.

Stock Price History:

Over the past 52 weeks, AYX has reached a high of $76.35, while it has fallen to a 52-week low of $39.55. The 50-Day Moving Average of the stock is 47.51, while the 200-Day Moving Average is calculated to be 54.76.

Shares Statistics:

According to the various share statistics, AYX traded on average about 983.80K shares per day over the past 3-months and 847.14k shares per day over the past 10 days. A total of 68.67M shares are outstanding, with a floating share count of 60.36M. Insiders hold about 1.20% of the company’s shares, while institutions hold 86.40% stake in the company. Shares short for AYX as of Oct 13, 2022 were 2.72M with a Short Ratio of 2.85M, compared to 2.75M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.97% and a Short% of Float of 5.21%.

Earnings Estimates

The company has 17 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.12, while EPS last year was -$0.18. The consensus estimate for the next quarter is $0.42, with high estimates of $0.57 and low estimates of $0.32.

Analysts are recommending an EPS of between -$0.45 and -$0.61 for the fiscal current year, implying an average EPS of -$0.52. EPS for the following year is $0.1, with 16 analysts recommending between $0.78 and -$0.37.

Revenue Estimates

A total of 18 analysts have provided revenue estimates for AYX’s current fiscal year. The highest revenue estimate was $781M, while the lowest revenue estimate was $762.06M, resulting in an average revenue estimate of $775.03M. In the same quarter a year ago, actual revenue was $536.13M, up 44.60% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $918.88M in the next fiscal year. The high estimate is $962.37M and the low estimate is $883.9M. The average revenue growth estimate for next year is up 18.60% from the average revenue estimate for this year.