Alkami Technology Stock Today

ALKT Stock  USD 39.28  0.41  1.03%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 47

 
High
 
Low
About Average
Alkami Technology is selling for under 39.28 as of the 28th of November 2024; that is 1.03 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 39.15. Alkami Technology has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Alkami Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
14th of April 2021
Category
Technology
Classification
Information Technology
Alkami Technology, Inc. offers a cloud-based digital banking platform in the United States. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas. Alkami Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 100.5 M outstanding shares of which 1.23 M shares are presently shorted by private and institutional investors with about 0.84 trading days to cover. More on Alkami Technology

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Alkami Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOAlex Shootman
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.720.6624
Significantly Up
Slightly volatile
Gross Profit Margin0.410.5442
Way Down
Slightly volatile
Total Current Liabilities33.7 M39.4 M
Fairly Down
Slightly volatile
Non Current Liabilities Total60.7 M35.5 M
Way Up
Slightly volatile
Total Assets358 M399.8 M
Moderately Down
Slightly volatile
Total Current Assets210.6 M148.6 M
Significantly Up
Slightly volatile
Debt Levels
Alkami Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alkami Technology's financial leverage. It provides some insight into what part of Alkami Technology's total assets is financed by creditors.
Liquidity
Alkami Technology currently holds 19.26 M in liabilities with Debt to Equity (D/E) ratio of 0.25, which may suggest the company is not taking enough advantage from borrowing. Alkami Technology has a current ratio of 6.83, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Alkami Technology's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

139.37 Million
Alkami Technology (ALKT) is traded on NASDAQ Exchange in USA. It is located in 5601 Granite Parkway, Plano, TX, United States, 75204 and employs 917 people. Alkami Technology is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.99 B. Alkami Technology conducts business under Software sector and is part of Information Technology industry. The entity has 100.5 M outstanding shares of which 1.23 M shares are presently shorted by private and institutional investors with about 0.84 trading days to cover. Alkami Technology currently holds about 213.35 M in cash with (17.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.34.
Check Alkami Technology Probability Of Bankruptcy
Ownership Allocation
Alkami Technology holds a total of 100.5 Million outstanding shares. Over half of Alkami Technology's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Alkami Ownership Details

Alkami Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
1.1 M
Driehaus Capital Management Llc2024-06-30
1.1 M
State Street Corp2024-06-30
M
Manufacturers Life Insurance Co2024-09-30
862.8 K
Bamco Inc2024-09-30
670.1 K
Lord, Abbett & Co Llc2024-09-30
584.5 K
Royal Bank Of Canada2024-06-30
575.5 K
Northern Trust Corp2024-09-30
535.9 K
Charles Schwab Investment Management Inc2024-09-30
534.4 K
General Atlantic Llc2024-09-30
15.5 M
Vanguard Group Inc2024-09-30
6.6 M
View Alkami Technology Diagnostics

Alkami Technology Historical Income Statement

At this time, Alkami Technology's Net Interest Income is comparatively stable compared to the past year. Interest Income is likely to gain to about 7.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 57.1 M in 2024. View More Fundamentals

Alkami Stock Against Markets

Alkami Technology Corporate Management

Prerna SachdevaChief OfficerProfile
Stephen BohanonChief CoFounderProfile
Douglas LinebargerChief SecretaryProfile
Bryan HillCFO TreasurerProfile
Jeff JohnsonDirector DevelProfile
Gagan KanjliaChief OfficerProfile
Douglas JDChief SecretaryProfile

Already Invested in Alkami Technology?

The danger of trading Alkami Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alkami Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alkami Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alkami Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Alkami Stock Analysis

When running Alkami Technology's price analysis, check to measure Alkami Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alkami Technology is operating at the current time. Most of Alkami Technology's value examination focuses on studying past and present price action to predict the probability of Alkami Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkami Technology's price. Additionally, you may evaluate how the addition of Alkami Technology to your portfolios can decrease your overall portfolio volatility.