Alteryx Inc (AYX) Expected to Announce Earnings of -$0.11 Per Share

Equities analysts predict that Alteryx Inc (NYSE:AYX) will post earnings of ($0.11) per share for the current quarter, Zacks reports. Five analysts have issued estimates for Alteryx’s earnings, with the lowest EPS estimate coming in at ($0.11) and the highest estimate coming in at ($0.10). Alteryx reported earnings of ($0.09) per share during the same quarter last year, which indicates a negative year over year growth rate of 22.2%. The firm is scheduled to issue its next earnings report after the market closes on Wednesday, August 8th.

According to Zacks, analysts expect that Alteryx will report full year earnings of ($0.23) per share for the current year, with EPS estimates ranging from ($0.24) to ($0.20). For the next year, analysts anticipate that the company will post earnings of ($0.14) per share, with EPS estimates ranging from ($0.20) to ($0.11). Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Alteryx.

Alteryx (NYSE:AYX) last released its quarterly earnings data on Wednesday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.06. The company had revenue of $42.82 million during the quarter, compared to analysts’ expectations of $39.86 million. Alteryx had a negative net margin of 11.67% and a negative return on equity of 8.69%. The firm’s quarterly revenue was up 50.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.08) EPS.



Several equities research analysts have recently weighed in on AYX shares. KeyCorp upped their price target on shares of Alteryx from $40.00 to $53.00 and gave the stock an “overweight” rating in a research report on Friday. Rosenblatt Securities started coverage on shares of Alteryx in a research report on Monday, July 9th. They issued a “buy” rating for the company. JMP Securities upped their price target on shares of Alteryx from $37.00 to $45.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 12th. Citigroup started coverage on shares of Alteryx in a research report on Friday, June 22nd. They issued an “outperform” rating and a $48.00 price target for the company. Finally, Oppenheimer started coverage on shares of Alteryx in a research report on Friday, June 22nd. They issued an “outperform” rating and a $48.00 price target for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the stock. Alteryx has a consensus rating of “Buy” and a consensus price target of $41.56.

In related news, CFO Kevin Rubin sold 8,500 shares of the stock in a transaction that occurred on Monday, July 16th. The shares were sold at an average price of $42.03, for a total transaction of $357,255.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Dean Stoecker sold 20,000 shares of the stock in a transaction that occurred on Monday, July 9th. The shares were sold at an average price of $40.12, for a total transaction of $802,400.00. The disclosure for this sale can be found here. In the last three months, insiders have purchased 620,000 shares of company stock valued at $21,349,000 and have sold 252,613 shares valued at $9,161,124. Corporate insiders own 39.01% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Metropolitan Life Insurance Co. NY purchased a new stake in Alteryx during the fourth quarter valued at approximately $192,000. Seven Eight Capital LP purchased a new stake in Alteryx during the first quarter valued at approximately $222,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Alteryx during the fourth quarter valued at approximately $256,000. California Public Employees Retirement System acquired a new position in Alteryx during the 1st quarter valued at approximately $256,000. Finally, MetLife Investment Advisors LLC acquired a new position in Alteryx during the 4th quarter valued at approximately $279,000. 36.28% of the stock is owned by institutional investors.

Alteryx traded up $1.27, hitting $43.15, during trading hours on Friday, Marketbeat reports. The company had a trading volume of 860,365 shares, compared to its average volume of 727,370. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of -139.48 and a beta of -0.82. Alteryx has a 1 year low of $18.64 and a 1 year high of $44.00.

Alteryx Company Profile

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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