A share price of Alkami Technology Inc [ALKT] is currently trading at $36.26, up 0.89%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALKT shares have gain 2.72% over the last week, with a monthly amount drifted -9.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alkami Technology Inc [NASDAQ: ALKT] stock has seen the most recent analyst activity on January 23, 2024, when Goldman downgraded its rating to a Neutral and also boosted its price target to $27 from $23. Previously, Stephens downgraded its rating to Equal-Weight on December 07, 2023, and elevated its price target to $24. On July 12, 2023, Goldman initiated with a Buy rating and assigned a price target of $21 on the stock. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $21 on June 27, 2023. Craig Hallum initiated its recommendation with a Buy and recommended $25 as its price target on June 08, 2023. JP Morgan started tracking with a Overweight rating for this stock on May 09, 2023, and assigned it a price target of $15. In a note dated September 15, 2022, Stephens initiated an Overweight rating and provided a target price of $18 on this stock.
Alkami Technology Inc experienced fluctuations in its stock price throughout the past year between $22.65 and $42.29. Currently, Wall Street analysts expect the stock to reach $45.67 within the next 12 months. Alkami Technology Inc [NASDAQ: ALKT] shares were valued at $36.26 at the most recent close of the market. An investor can expect a potential return of 25.95% based on the average ALKT price forecast.
Analyzing the ALKT fundamentals
Trailing Twelve Months sales for Alkami Technology Inc [NASDAQ:ALKT] were 315.56M which represents 26.89% growth. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.14 and Total Capital is -0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 35.47 points at the first support level, and at 34.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.86, and for the 2nd resistance point, it is at 37.46.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alkami Technology Inc [NASDAQ:ALKT] is 3.27. As well, the Quick Ratio is 3.27, while the Cash Ratio is 1.69. Considering the valuation of this stock, the price to sales ratio is 11.55, the price to book ratio is 10.77.
Transactions by insiders
Recent insider trading involved Stephen Carl Bohanon, Officer, that happened on Jan 15 ’25 when 40000.0 shares were purchased. Chief Financial Officer, HILL W BRYAN completed a deal on Jan 13 ’25 to sell 100000.0 shares. Meanwhile, Chief Financial Officer HILL W BRYAN sold 100000.0 shares on Dec 16 ’24.
