Headlines about Alteryx (NYSE:AYX) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alteryx earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the company an impact score of 44.6719134543543 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s analysis:
Several research firms have recently issued reports on AYX. Zacks Investment Research cut Alteryx from a “buy” rating to a “hold” rating in a research report on Wednesday. KeyCorp reissued a “buy” rating and issued a $24.00 target price on shares of Alteryx in a research report on Friday, September 22nd. Finally, Bank of America initiated coverage on Alteryx in a research report on Monday, October 16th. They issued a “buy” rating and a $26.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $22.50.
Shares of Alteryx (NYSE AYX) traded up $0.87 during mid-day trading on Friday, hitting $26.97. The stock had a trading volume of 623,200 shares, compared to its average volume of 684,153. The stock has a market cap of $1,600.00 and a P/E ratio of -48.16. Alteryx has a fifty-two week low of $14.61 and a fifty-two week high of $29.16.
Alteryx (NYSE:AYX) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.10. The business had revenue of $34.16 million for the quarter, compared to analysts’ expectations of $32.06 million. Alteryx had a negative return on equity of 19.62% and a negative net margin of 18.68%. The company’s revenue was up 52.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.07) EPS. equities research analysts forecast that Alteryx will post -0.33 earnings per share for the current year.
In other Alteryx news, CRO Robert Scott Jones sold 1,470 shares of the stock in a transaction on Friday, November 17th. The stock was sold at an average price of $25.94, for a total transaction of $38,131.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Qualified Master Fund L. Abdiel bought 75,000 shares of the stock in a transaction on Tuesday, December 5th. The shares were bought at an average price of $25.54 per share, for a total transaction of $1,915,500.00. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 201,470 shares of company stock worth $5,209,132.
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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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