Cracking The Code: Understanding Analyst Reviews For Alteryx

10 analysts have shared their evaluations of Alteryx AYX during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $45.65, along with a high estimate of $60.00 and a low estimate of $30.00. This current average reflects an increase of 18.57% from the previous average price target of $38.50.

Investigating Analyst Ratings: An Elaborate Study

The perception of Alteryx by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Alteryx. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Alteryx compared to the broader market.
• Price Targets: Gaining insights, analysts provide estimates for the future value of Alteryx's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into Alteryx's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Alteryx analyst ratings.

All You Need to Know About Alteryx

Alteryx Inc is a software company that provides self-service data analytics software. Alteryx delivers easy end-to-end automation of data engineering, analytics, reporting, machine learning, and data science processes, enabling enterprises everywhere to democratize data analytics across their organizations for a broad range of use cases. The company generates its revenue from the sale of a subscription-based software platform.

Alteryx's Economic Impact: An Analysis

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Positive Revenue Trend: Examining Alteryx's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.91% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Alteryx's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -21.55%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Alteryx's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -84.03%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -2.95%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 19.19, caution is advised due to increased financial risk.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.