Alteryx Inc. (NYSE:AYX) has a beta value of 0.7 and has seen 1,093,006 shares traded in the last trading session. The company, currently valued at $5.31 Billion, closed the last trade at $79.11 per share which meant it lost -$2.64 on the day or -3.23% during that session. The AYX stock price is -134.8% off its 52-week high price of $185.75 and 2.6% above the 52-week low of $77.05. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.59 Million shares traded. The 3-month trading volume is 1.7 Million shares.
The consensus among analysts is that Alteryx Inc. (AYX) is an Overweight stock at the moment, with a recommendation rating of 2.2. 1 analysts rate the stock as a Sell, while none rate it as Overweight. 6 out of 19 have rated it as a Hold, with 12 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.23.
Alteryx Inc. (NYSE:AYX) trade information
Despite being -3.23% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the AYX stock price touched $88.41- or saw a rise of 10.52%. Year-to-date, Alteryx Inc. shares have moved -35.04%, while the 5-day performance has seen it change -9.6%. Over the past 30 days, the shares of Alteryx Inc. (NYSE:AYX) have changed -6.53%. Short interest in the company has seen 4.09 Million shares shorted with days to cover at 2.41.
Wall Street analysts have a consensus price target for the stock at $133.19, which means that the shares’ value could jump 68.36% from current levels. The projected low price target is $73 while the price target rests at a high of $166. In that case, then, we find that the current price level is +109.83% off the targeted high while a plunge would see the stock lose -7.72% from current levels.
Alteryx Inc. (AYX) estimates and forecasts
Figures show that Alteryx Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -41.16% over the past 6 months, with this year growth rate of -96.81%, compared to -0.9% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -130% and -1150% for the next quarter. Revenue growth from the last financial year stood is estimated to be +13.1%.
18 analysts offering their estimates for the company have set an average revenue estimate of $106.11 Million for the current quarter. 18 have an estimated revenue figure of $111.37 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $108.83 Million for this quarter, and analysts expect sales will grow by -2.5% for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +2.9% over the past 5 years. Earnings growth for 2021 is a modest -193.3% while over the next 5 years, the company’s earnings are expected to increase by 10.7%.
Alteryx Inc. (NYSE:AYX)’s Major holders
Insiders own 1.32% of the company shares, while shares held by institutions stand at 87.81% with a share float percentage of 88.98%. Investors are also buoyed by the number of investors in a company, with Alteryx Inc. having a total of 501 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 4.77 Million shares worth more than $581.21 Million. As of December 30, 2020, Vanguard Group Inc. (The) held 8.08% of shares outstanding.
The other major institutional holder is Capital World Investors, with the holding of over 4.62 Million shares as of December 30, 2020. The firm’s total holdings are worth over $562.25 Million and represent 7.82% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Smallcap World Fund and Brown Capital Management Small Company Fund. As of December 30, 2020, the former fund manager holds about 3.99% shares in the company for having 2359300 shares of worth $287.34 Million while later fund manager owns 2.14 Million shares of worth $260.49 Million as of December 30, 2020, which makes it owner of about 3.62% of company’s outstanding stock.