Alteryx (NYSE:AYX) Announces Earnings Results

Alteryx (NYSE:AYX) issued its quarterly earnings data on Thursday. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.43, Bloomberg Earnings reports. Alteryx had a positive return on equity of 1.09% and a negative net margin of 3.31%. The firm had revenue of $156.45 million during the quarter, compared to analyst estimates of $131.00 million.

Shares of AYX traded up $13.70 during mid-day trading on Friday, hitting $158.00. The stock had a trading volume of 3,968,111 shares, compared to its average volume of 1,538,629. The company has a market cap of $9.30 billion, a PE ratio of -877.73, a PEG ratio of 8.60 and a beta of 0.90. The company’s fifty day simple moving average is $125.29 and its two-hundred day simple moving average is $116.11. The company has a quick ratio of 5.22, a current ratio of 5.22 and a debt-to-equity ratio of 1.69. Alteryx has a fifty-two week low of $64.52 and a fifty-two week high of $158.62.

In related news, CEO Dean Stoecker sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $95.61, for a total value of $2,868,300.00. Following the sale, the chief executive officer now owns 98,576 shares of the company’s stock, valued at approximately $9,424,851.36. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Christopher M. Lal sold 1,460 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $100.00, for a total value of $146,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 130,515 shares of company stock valued at $14,316,177. Insiders own 19.82% of the company’s stock.

AYX has been the subject of a number of recent analyst reports. Cowen raised their price objective on Alteryx from $147.00 to $165.00 and gave the company an “outperform” rating in a research note on Friday. Zacks Investment Research upgraded Alteryx from a “hold” rating to a “strong-buy” rating and set a $167.00 price objective for the company in a research note on Wednesday, February 5th. JMP Securities raised their price objective on Alteryx to $162.00 and gave the company an “outperform” rating in a research note on Friday. ValuEngine lowered Alteryx from a “hold” rating to a “sell” rating in a research note on Tuesday, February 4th. Finally, Needham & Company LLC raised their price objective on Alteryx from $140.00 to $151.00 and gave the company a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, five have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $137.15.

About Alteryx

Alteryx, Inc operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts, data scientists, and citizen data scientists worldwide. Its 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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Earnings History for Alteryx (NYSE:AYX)

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