Alteryx, Inc. provides self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts. The company was founded in 1997 and is based in Irvine, California.
AYX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for AYX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Alteryx Inc ranked in the 8th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Alteryx Inc, consider:
Alteryx Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 0.25. This coverage rate is greater than that of only 24.61% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Alteryx Inc experienced a tax rate of about 134% over the past twelve months; relative to its sector (Technology), this tax rate is higher than 96.34% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as AYX, try EVOP, IIVI, SMTX, SONO, and APPF.
Shares of Alteryx (NYSE: AYX) moved higher Wednesday in tandem with other growth stocks as investors kicked off the third quarter on an upbeat note. As a result, the stock closed up 6.7% on Wednesday. Despite a continuing surge in coronavirus cases, investors blew off those concerns and focused on a report from Pfizer that delivered early positive data from an ongoing phase 1/2 trial for a coronavirus vaccine.
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Recent results from Alteryx (AYX) suggested challenges for the business in navigating the current pandemic. The company not only pulled full-year guidance for the year, but the guidance that was given for Q2 suggested a fairly sharp and material slowdown from the revenue growth that the business delivered in Q1....