AYX

Alteryx Inc - Ordinary Shares - Class A

TMT


Presented:07/10/2023
Price:$43.94
Cap:$3.10B
Current Price:$48.26
Cap:$3.46B

Presented

Date07/10/2023
Price$43.94
Market Cap$3.10B
Ent Value$4.69B
P/E RatioN/A
Book Value$1.78
Div Yield0%
Shares O/S70.45M
Ave Daily Vol1,883,691
Short Int5.76%

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: Altyerx Inc. (AYX), Snowflake Inc. (SNOW)

Highlights

The presenter is long shares of Alteryx (AYX), an unloved stock due in part to a messy accounting transition in 2019-2020, which caused confusion among investors and a lack of trust in management. The stock now trades at 4x ARR amidst this negative sentiment against a historical double-digit multiple. He sees a high-quality asset with strong financials, including high gross margins, low services mix, and over 120% net retention. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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