Alteryx (NYSE:AYX) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter. Alteryx has set its Q3 guidance at ($0.06-0.04) EPS and its FY18 guidance at ($0.27-0.24) EPS.Parties interested in registering for the company’s conference call can do so using this link.
Alteryx (NYSE:AYX) last announced its quarterly earnings data on Wednesday, August 8th. The company reported ($0.09) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.01. The firm had revenue of $46.80 million during the quarter, compared to analysts’ expectations of $43.79 million. Alteryx had a negative return on equity of 9.44% and a negative net margin of 9.44%. The company’s quarterly revenue was up 54.5% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.09) EPS. On average, analysts expect Alteryx to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NYSE AYX opened at $52.97 on Tuesday. The firm has a market capitalization of $3.20 billion, a price-to-earnings ratio of -170.87 and a beta of 0.99. The company has a quick ratio of 2.71, a current ratio of 2.71 and a debt-to-equity ratio of 0.91. Alteryx has a fifty-two week low of $21.15 and a fifty-two week high of $63.18.
In other news, major shareholder Abdiel Capital Management, Llc bought 75,000 shares of the stock in a transaction on Thursday, November 1st. The stock was acquired at an average price of $53.54 per share, with a total value of $4,015,500.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Robert Scott Jones sold 4,166 shares of the company’s stock in a transaction dated Tuesday, October 30th. The stock was sold at an average price of $43.98, for a total value of $183,220.68. The disclosure for this sale can be found here. In the last three months, insiders have bought 194,855 shares of company stock valued at $9,551,233 and have sold 3,475,485 shares valued at $192,064,040. 39.01% of the stock is currently owned by insiders.
A number of research firms have recently commented on AYX. Citigroup set a $81.00 price target on Alteryx and gave the stock a “buy” rating in a report on Tuesday, September 18th. Needham & Company LLC boosted their price target on Alteryx from $51.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, August 14th. KeyCorp reissued a “buy” rating on shares of Alteryx in a report on Wednesday, August 8th. Rosenblatt Securities began coverage on Alteryx in a report on Monday, July 9th. They set a “buy” rating for the company. Finally, Zacks Investment Research raised Alteryx from a “sell” rating to a “hold” rating in a report on Monday, September 24th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $49.50.
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Alteryx, Inc operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts. Its software platform includes Alteryx Designer for data preparation, blending, and analytics that could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable 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; Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models to production; and Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository.
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