04-22-2021, 11:39 AM
AYX is grossly undervalued
<!-- SC_OFF --><div class="md"><p>Alteryx added $43 million in net-new ARR in Q4 to end the quarter at $493 million, up 32% y/y - much faster than its revenue growth, and giving the company great visibility into its $555-$565 million revenue target for the upcoming year. Alteryx has also noted that it targets to end FY21 with $625 million in ARR, representing 27% y/y growth. The company also drove significant cash flow growth in 2020. Full-year operating cash flows of $74.8 million grew 119% y/y, and represented a respectable 15.1% OCF margin that still leaves room for improvement in the coming year.</p> <p>VERDICT: I'm banking on a macro rebound and IT departments' willingness to take on large transformational projects in 2021 as key drivers for a rebound in Alteryx stock. I think the opportunity to invest in Alteryx at <10x forward revenues and at half of where it was trading last year is a unique opportunity to bet on a fantastic big data stock. I also feel it in my balls that this is going to be a big one. 145 dollar price target for the FY!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/multibager"> /u/multibager </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/mvrwv9/ayx_is_grossly_undervalued/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/mvrwv9/ayx_is_grossly_undervalued/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Alteryx added $43 million in net-new ARR in Q4 to end the quarter at $493 million, up 32% y/y - much faster than its revenue growth, and giving the company great visibility into its $555-$565 million revenue target for the upcoming year. Alteryx has also noted that it targets to end FY21 with $625 million in ARR, representing 27% y/y growth. The company also drove significant cash flow growth in 2020. Full-year operating cash flows of $74.8 million grew 119% y/y, and represented a respectable 15.1% OCF margin that still leaves room for improvement in the coming year.</p> <p>VERDICT: I'm banking on a macro rebound and IT departments' willingness to take on large transformational projects in 2021 as key drivers for a rebound in Alteryx stock. I think the opportunity to invest in Alteryx at <10x forward revenues and at half of where it was trading last year is a unique opportunity to bet on a fantastic big data stock. I also feel it in my balls that this is going to be a big one. 145 dollar price target for the FY!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/multibager"> /u/multibager </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/mvrwv9/ayx_is_grossly_undervalued/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/mvrwv9/ayx_is_grossly_undervalued/">[comments]</a></span>Kind Regards R