Alteryx (NYSE:AYX) Hits New 12-Month Low at $47.85

Alteryx, Inc. (NYSE:AYXGet Rating)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $47.85 and last traded at $47.58, with a volume of 2449 shares trading hands. The stock had previously closed at $50.97.

Several equities analysts have recently commented on AYX shares. JMP Securities decreased their target price on Alteryx from $159.00 to $127.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 16th. Citigroup upped their target price on Alteryx from $86.00 to $95.00 in a research report on Wednesday, May 4th. Loop Capital upped their target price on Alteryx from $60.00 to $67.00 in a research report on Wednesday, May 4th. Truist Financial decreased their target price on Alteryx from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Thursday, March 24th. Finally, Rosenblatt Securities decreased their target price on Alteryx from $100.00 to $87.00 and set a “buy” rating on the stock in a research report on Wednesday, February 16th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, Alteryx has a consensus rating of “Buy” and an average price target of $83.64.

The stock has a fifty day simple moving average of $62.52 and a two-hundred day simple moving average of $61.12. The stock has a market cap of $3.21 billion, a price-to-earnings ratio of -14.04 and a beta of 0.73. The company has a debt-to-equity ratio of 3.43, a quick ratio of 1.71 and a current ratio of 1.71.

Alteryx (NYSE:AYXGet Rating) last issued its earnings results on Tuesday, May 3rd. The company reported ($0.40) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.19. The firm had revenue of $157.94 million for the quarter, compared to the consensus estimate of $145.88 million. Alteryx had a negative return on equity of 46.53% and a negative net margin of 42.51%. The company’s revenue was up 33.0% compared to the same quarter last year. During the same quarter last year, the business posted ($0.45) EPS. Equities analysts expect that Alteryx, Inc. will post -2.51 earnings per share for the current fiscal year.

Several hedge funds have recently modified their holdings of AYX. Capital World Investors lifted its stake in shares of Alteryx by 11.2% in the 1st quarter. Capital World Investors now owns 8,029,902 shares of the company’s stock valued at $574,379,000 after acquiring an additional 806,018 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Alteryx by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 5,522,028 shares of the company’s stock valued at $394,991,000 after acquiring an additional 14,129 shares during the last quarter. Bares Capital Management Inc. lifted its stake in shares of Alteryx by 0.9% in the 4th quarter. Bares Capital Management Inc. now owns 4,729,876 shares of the company’s stock valued at $286,157,000 after acquiring an additional 44,324 shares during the last quarter. Mackenzie Financial Corp lifted its stake in shares of Alteryx by 3.8% in the 1st quarter. Mackenzie Financial Corp now owns 2,473,630 shares of the company’s stock valued at $176,939,000 after acquiring an additional 91,182 shares during the last quarter. Finally, LA Financiere DE L Echiquier lifted its stake in shares of Alteryx by 16.0% in the 4th quarter. LA Financiere DE L Echiquier now owns 1,276,155 shares of the company’s stock valued at $77,208,000 after acquiring an additional 175,689 shares during the last quarter. 71.04% of the stock is currently owned by hedge funds and other institutional investors.

Alteryx Company Profile (NYSE:AYX)

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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