Alteryx Inc (NYSE:AYX) has been given an average rating of “Buy” by the ten analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $25.33.
Several equities research analysts recently issued reports on the stock. Cowen reaffirmed an “outperform” rating and issued a $34.00 price objective (up previously from $29.00) on shares of Alteryx in a research note on Thursday, February 22nd. Bank of America lifted their price objective on shares of Alteryx from $28.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, February 22nd. Zacks Investment Research lowered shares of Alteryx from a “buy” rating to a “hold” rating in a research note on Thursday, November 16th. KeyCorp reaffirmed an “overweight” rating and issued a $35.00 price objective (up previously from $29.00) on shares of Alteryx in a research note on Thursday, February 22nd. Finally, Goldman Sachs Group lowered shares of Alteryx from a “buy” rating to a “neutral” rating and set a $29.00 price objective for the company. in a research note on Wednesday, January 31st.
In related news, CRO Robert Scott Jones sold 40,226 shares of Alteryx stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $33.88, for a total value of $1,362,856.88. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Dean Stoecker sold 40,000 shares of Alteryx stock in a transaction on Friday, December 29th. The stock was sold at an average price of $25.62, for a total transaction of $1,024,800.00. The disclosure for this sale can be found here. Insiders sold a total of 292,452 shares of company stock worth $8,688,541 in the last quarter.
Alteryx (NYSE:AYX) traded up $0.72 during mid-day trading on Friday, hitting $38.42. 228,766 shares of the company traded hands, compared to its average volume of 721,542. Alteryx has a 1-year low of $14.61 and a 1-year high of $38.88. The firm has a market cap of $2,273.12 and a price-to-earnings ratio of -89.35.
Alteryx (NYSE:AYX) last released its quarterly earnings data on Wednesday, February 21st. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.05. Alteryx had a negative net margin of 13.30% and a negative return on equity of 8.64%. The business had revenue of $38.60 million during the quarter, compared to analyst estimates of $35.89 million. During the same quarter in the previous year, the business earned ($0.11) EPS. Alteryx’s quarterly revenue was up 54.6% compared to the same quarter last year. research analysts predict that Alteryx will post -0.41 EPS for the current year.
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Alteryx Company Profile
Alteryx, Inc is a United States-based provider of self-service data analytics software. The Company offers various products, such as Alteryx Designer, Alteryx Server and Alteryx Analytics Gallery. Alteryx Designer is a repeatable workflow for self-service data analytics. Alteryx Designer allows data analysts by combining data preparation, data blending, and analytics-predictive, statistical and spatial-using the same user interface.
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