-$0.03 Earnings Per Share Expected for Alteryx Inc (AYX) This Quarter

Analysts forecast that Alteryx Inc (NYSE:AYX) will report earnings per share (EPS) of ($0.03) for the current quarter, Zacks reports. Four analysts have issued estimates for Alteryx’s earnings, with estimates ranging from ($0.03) to ($0.02). The company is scheduled to issue its next earnings results after the market closes on Wednesday, February 21st.

On average, analysts expect that Alteryx will report full year earnings of ($0.17) per share for the current year, with EPS estimates ranging from ($0.19) to ($0.16). For the next financial year, analysts forecast that the company will report earnings of ($0.20) per share, with EPS estimates ranging from ($0.40) to ($0.07). Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Alteryx.

Alteryx (NYSE:AYX) last issued its earnings results on Thursday, November 9th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.10. Alteryx had a negative return on equity of 19.62% and a negative net margin of 18.68%. The company had revenue of $34.16 million for the quarter, compared to analysts’ expectations of $32.06 million. During the same period last year, the business earned ($0.07) EPS. Alteryx’s quarterly revenue was up 52.1% compared to the same quarter last year.

AYX has been the topic of a number of recent research reports. Zacks Investment Research cut Alteryx from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. Bank of America increased their target price on Alteryx from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Goldman Sachs Group cut Alteryx from a “buy” rating to a “neutral” rating and set a $29.00 target price on the stock. in a report on Wednesday, January 31st. Finally, KeyCorp reiterated an “overweight” rating and issued a $29.00 target price (up from $24.00) on shares of Alteryx in a report on Thursday, November 9th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Alteryx currently has a consensus rating of “Buy” and an average target price of $23.40.

In related news, CEO Dean Stoecker sold 20,000 shares of the stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $28.16, for a total value of $563,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Robert Scott Jones sold 1,470 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $25.94, for a total value of $38,131.80. The disclosure for this sale can be found here. Insiders sold a total of 241,470 shares of company stock valued at $6,306,932 over the last three months.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Suntrust Banks Inc. raised its position in Alteryx by 22.1% in the 4th quarter. Suntrust Banks Inc. now owns 32,121 shares of the company’s stock valued at $811,000 after buying an additional 5,816 shares during the last quarter. American International Group Inc. raised its position in Alteryx by 165.5% in the 4th quarter. American International Group Inc. now owns 15,823 shares of the company’s stock valued at $400,000 after buying an additional 9,864 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in Alteryx by 317.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 107,401 shares of the company’s stock valued at $2,714,000 after buying an additional 81,701 shares during the last quarter. BlackRock Inc. increased its position in shares of Alteryx by 92.0% during the 4th quarter. BlackRock Inc. now owns 1,329,504 shares of the company’s stock valued at $33,596,000 after purchasing an additional 636,948 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Alteryx by 112.0% during the 4th quarter. Bank of New York Mellon Corp now owns 72,841 shares of the company’s stock valued at $1,840,000 after purchasing an additional 38,487 shares during the last quarter. 28.31% of the stock is owned by institutional investors and hedge funds.

Alteryx (NYSE AYX) opened at $25.54 on Friday. Alteryx has a twelve month low of $14.61 and a twelve month high of $31.60.

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Alteryx Company Profile

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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