News stories about Alteryx (NYSE:AYX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alteryx earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.5739395853622 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Alteryx, Inc. (AYX) Downgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- Cramer’s lightning round: Sell Mallinckrodt after its ‘nutty’ acquisition of Acthar (finance.yahoo.com)
- Lightning Round: Jim Cramer Advises His Viewers On Mallinckrodt, GoPro And More (benzinga.com)
- Cramer's lightning round: Sell Mallinckrodt after its 'nutty' acquisition of Acthar (finance.yahoo.com)
- Cramer's lightning round: Don't buy Mallinckrodt after it… (finance.yahoo.com)
A number of analysts have recently issued reports on AYX shares. Zacks Investment Research raised shares of Alteryx from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a report on Tuesday, August 8th. Cowen and Company reaffirmed an “outperform” rating and set a $23.00 price objective (up from $21.00) on shares of Alteryx in a report on Thursday, August 3rd. Bank of America Corporation lifted their price objective on shares of Alteryx from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Finally, KeyCorp reaffirmed a “buy” rating and set a $24.00 price objective on shares of Alteryx in a report on Friday, September 22nd. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $21.70.
Shares of Alteryx (NYSE AYX) opened at $26.00 on Friday. Alteryx has a fifty-two week low of $14.61 and a fifty-two week high of $27.02.
Alteryx (NYSE:AYX) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.10. The business had revenue of $34.16 million during the quarter, compared to the consensus estimate of $32.06 million. Alteryx had a negative net margin of 18.68% and a negative return on equity of 19.62%. The firm’s revenue for the quarter was up 52.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.07) earnings per share. sell-side analysts predict that Alteryx will post -0.33 earnings per share for the current year.
In other Alteryx news, Chairman Dean Stoecker sold 600,000 shares of the business’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $20.24, for a total value of $12,144,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Reuters Corp /Can/ Thomson sold 2,000,000 shares of the business’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $20.24, for a total transaction of $40,480,000.00. The disclosure for this sale can be found here. Over the last three months, insiders acquired 2,272,500 shares of company stock valued at $47,909,900 and sold 7,700,000 shares valued at $155,848,000.
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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