William Blair Weighs in on Alteryx Inc’s Q1 2017 Earnings (AYX)
Alteryx Inc (NYSE:AYX) – Investment analysts at William Blair issued their Q1 2017 earnings per share (EPS) estimates for Alteryx in a note issued to investors on Tuesday. William Blair analyst B. Suri forecasts that the company will earn ($0.21) per share for the quarter. William Blair currently has a “Outperform” rating and a $17.00 target price on the stock. William Blair also issued estimates for Alteryx’s Q2 2017 earnings at ($0.17) EPS, Q3 2017 earnings at ($0.12) EPS, Q4 2017 earnings at ($0.11) EPS, FY2017 earnings at ($0.60) EPS and FY2018 earnings at ($0.51) EPS.
Other equities analysts also recently issued research reports about the company. Goldman Sachs Group Inc started coverage on Alteryx in a report on Tuesday. They issued a “buy” rating and a $20.00 target price on the stock. JPMorgan Chase & Co. started coverage on Alteryx in a report on Tuesday. They set a “neutral” rating and a $18.00 price target for the company. Raymond James Financial, Inc. started coverage on Alteryx in a report on Tuesday. They set an “outperform” rating and a $20.00 price target for the company. JMP Securities started coverage on Alteryx in a report on Tuesday. They set an “outperform” rating and a $20.00 price target for the company. Finally, Cowen and Company started coverage on Alteryx in a report on Tuesday. They set an “outperform” rating and a $21.00 price target for the company. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Alteryx has a consensus rating of “Buy” and an average price target of $19.50.
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Alteryx (NYSE:AYX) opened at 16.52 on Thursday. Alteryx has a 12-month low of $14.61 and a 12-month high of $17.50. The firm’s 50-day moving average is $16.09 and its 200 day moving average is $16.09. The stock’s market capitalization is $539.76 million.
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In other news, major shareholder Iconiq Strategic Partners Ii, bought 675,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 29th. The stock was acquired at an average cost of $14.00 per share, for a total transaction of $9,450,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
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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