Analysts expect that Alteryx Inc (NYSE:AYX) will post earnings per share of ($0.20) for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Alteryx’s earnings, with estimates ranging from ($0.21) to ($0.20). The company is expected to announce its next earnings report after the market closes on Wednesday, May 10th.
According to Zacks, analysts expect that Alteryx will report full year earnings of ($0.60) per share for the current fiscal year, with EPS estimates ranging from ($0.60) to ($0.59). For the next fiscal year, analysts anticipate that the company will post earnings of ($0.49) per share, with EPS estimates ranging from ($0.51) to ($0.47). Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Alteryx.
A number of research firms have issued reports on AYX. Goldman Sachs Group Inc began coverage on Alteryx in a research report on Tuesday, April 18th. They issued a “buy” rating and a $20.00 target price on the stock. Pacific Crest started coverage on Alteryx in a research report on Tuesday, April 18th. They issued an “overweight” rating and a $20.00 target price on the stock. JMP Securities started coverage on Alteryx in a research note on Tuesday, April 18th. They set an “outperform” rating and a $20.00 price target on the stock. Cowen and Company started coverage on Alteryx in a research note on Tuesday, April 18th. They set an “outperform” rating and a $21.00 price target on the stock. Finally, William Blair reissued an “outperform” rating and set a $17.00 price target on shares of Alteryx in a research note on Tuesday, April 18th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $19.50.
Shares of Alteryx (NYSE:AYX) traded down 3.23% during midday trading on Tuesday, hitting $17.97. 70,285 shares of the stock traded hands. Alteryx has a 1-year low of $14.61 and a 1-year high of $19.39. The company’s market capitalization is $587.13 million. The stock has a 50 day moving average of $16.13 and a 200 day moving average of $16.13.
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In other news, major shareholder Iconiq Strategic Partners Ii, acquired 675,000 shares of the firm’s stock in a transaction dated Wednesday, March 29th. The stock was purchased at an average price of $14.00 per share, for a total transaction of $9,450,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Large investors have recently added to or reduced their stakes in the stock. Kornitzer Capital Management Inc. KS bought a new stake in shares of Alteryx during the first quarter valued at about $3,500,000. Tygh Capital Management Inc. bought a new stake in shares of Alteryx during the first quarter valued at about $313,000. Finally, Ameriprise Financial Inc. bought a new stake in shares of Alteryx during the first quarter valued at about $438,000.
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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