AYX

Alteryx Inc

TMT


Presented:05/15/2019
Price:$88.04
Cap:$5.51B
Current Price:$48.26
Cap:$3.46B

Presented

Date05/15/2019
Price$88.04
Market Cap$5.51B
Ent Value$5.47B
P/E Ratio356.87x
Book Value$5.22
Div Yield0%
Shares O/S62.54M
Ave Daily Vol1,201,397
Short Int12.96%

Current

Price$48.26
Market Cap$3.46B
Alteryx, Inc. engages in the provision of self-service data analytics software. Its subscription-based platform allows organizations to prepare, blend, and analyze data from a multitude of sources and benefit from data-driven decisions. The company was founded by Dean A. Stoecker, Olivia Duane-Adams, and Edward P. Harding, Jr. in March 1997 and is headquartered in Irvine, CA.

Publicly traded companies mentioned herein: Alteryx Inc (AYX), Microsoft Corp (MSFT), Tableau Software Inc (DATA)

Highlights

The presenter is short shares of Alteryx Inc (AYX), which many investors have been negative on since the beginning of 2018 based on the Tableau Prep rollout. Although Tableau’s product hadn’t been strong enough to allow the thesis to play out, the presenter believes this will begin to change in 2019 and will accelerate in 2020, as Tableau Prep and Microsoft’s Power BI will make it difficult for AYX to hit current growth rate expectations. As this story plays out, he expects its multiple to contract and its share price to fall from its current ~$88 to $60 – $65.

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Idea Discussion

Commentor 1 - 2 weeks ago

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