Alteryx (NYSE: AYX) is an information science and analytics software program firm, specializing in
Alteryx (NYSE: AYX) is an information science and analytics software program firm, specializing in self-service analytics. Whereas the inventory has rallied by over 60% year-to-date, it noticed a major selloff over the past week, with its inventory value falling by roughly 15%. Buyers seem to have turned extra cautious with high-growth shares, amid macroeconomic uncertainty with the continued commerce struggle and issues {that a} recession could possibly be imminent. Whereas the corporate has been posting fast development (65% CAGR over the past three years), its multiples stay excessive, buying and selling at 16x projected 2019 revenues. Individually, a weaker than anticipated outlook supplied at cloud-software main Workday’s analyst day occasion final week can also be more likely to have damage sentiment within the broader software program house. Under, we check out how the corporate fared over the previous few years and its outlook for 2019 and 2020.
View our interactive dashboard evaluation on Why Alteryx Stock Declined 15% Over The Last Week
How does Alteryx’s Income Progress in 2018 examine with that in prior durations and what’s the forecast?
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