-$0.60 EPS Expected for Alteryx, Inc. (NYSE:AYX) This Quarter

Wall Street analysts expect that Alteryx, Inc. (NYSE:AYXGet Rating) will report ($0.60) earnings per share for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for Alteryx’s earnings. The highest EPS estimate is ($0.58) and the lowest is ($0.62). Alteryx reported earnings per share of ($0.08) in the same quarter last year, which suggests a negative year-over-year growth rate of 650%. The company is scheduled to announce its next earnings results on Monday, January 1st.

On average, analysts expect that Alteryx will report full year earnings of ($0.54) per share for the current fiscal year, with EPS estimates ranging from ($0.64) to ($0.50). For the next year, analysts forecast that the firm will report earnings of $0.01 per share, with EPS estimates ranging from ($0.89) to $0.50. Zacks’ EPS calculations are an average based on a survey of research analysts that that provide coverage for Alteryx.

Alteryx (NYSE:AYXGet Rating) last issued its earnings results on Tuesday, May 3rd. The company reported ($0.40) EPS for the quarter, beating the consensus estimate of ($0.59) by $0.19. Alteryx had a negative net margin of 42.51% and a negative return on equity of 46.53%. The firm had revenue of $157.94 million during the quarter, compared to the consensus estimate of $145.88 million. During the same quarter in the prior year, the firm earned ($0.45) earnings per share. The business’s quarterly revenue was up 33.0% on a year-over-year basis.

Several equities research analysts have commented on AYX shares. FBN Securities started coverage on shares of Alteryx in a research note on Monday, May 23rd. They issued an “outperform” rating and a $80.00 target price for the company. Truist Financial lowered their target price on shares of Alteryx from $90.00 to $85.00 and set a “buy” rating for the company in a research note on Thursday, March 24th. Rosenblatt Securities lowered their target price on shares of Alteryx from $100.00 to $87.00 and set a “buy” rating for the company in a research note on Wednesday, February 16th. JMP Securities reduced their price target on shares of Alteryx from $159.00 to $127.00 and set an “outperform” rating for the company in a report on Wednesday, February 16th. Finally, Zacks Investment Research upgraded shares of Alteryx from a “sell” rating to a “hold” rating in a report on Tuesday, April 19th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, Alteryx has an average rating of “Buy” and an average target price of $83.64.

In other Alteryx news, Director Dean Stoecker sold 20,000 shares of the company’s stock in a transaction on Friday, March 11th. The shares were sold at an average price of $61.87, for a total transaction of $1,237,400.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 13.84% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Rhumbline Advisers raised its position in shares of Alteryx by 3.0% in the fourth quarter. Rhumbline Advisers now owns 54,006 shares of the company’s stock valued at $3,267,000 after purchasing an additional 1,571 shares during the period. Thrivent Financial for Lutherans bought a new position in Alteryx during the third quarter worth about $1,667,000. Clearline Capital LP increased its position in Alteryx by 269.3% during the fourth quarter. Clearline Capital LP now owns 114,624 shares of the company’s stock worth $6,935,000 after acquiring an additional 83,589 shares during the period. Washington Harbour Partners LP bought a new position in Alteryx during the third quarter worth about $51,750,000. Finally, Two Sigma Advisers LP increased its position in Alteryx by 8.1% during the third quarter. Two Sigma Advisers LP now owns 119,700 shares of the company’s stock worth $8,750,000 after acquiring an additional 9,000 shares during the period. 71.04% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:AYX traded down $1.30 during trading hours on Friday, hitting $57.58. The stock had a trading volume of 484,099 shares, compared to its average volume of 880,907. Alteryx has a one year low of $49.67 and a one year high of $90.57. The company has a debt-to-equity ratio of 3.43, a quick ratio of 1.71 and a current ratio of 1.71. The company has a market cap of $3.93 billion, a price-to-earnings ratio of -15.86 and a beta of 0.73. The business’s 50 day moving average is $64.41 and its 200-day moving average is $61.65.

About Alteryx (Get Rating)

Alteryx, Inc provides end-to-end analytics platform for data analysts and scientists worldwide. Its analytic process automation software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications.

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