Alteryx, Inc. (NYSE:AYX) Receives Average Rating of “Moderate Buy” from Analysts

Alteryx, Inc. (NYSE:AYX – Get Rating) has been presented an average ranking of “Average Invest in” by the sixteen investigate companies that are covering the firm, Marketbeat Scores studies. 4 analysts have rated the stock with a keep advice and seven have assigned a acquire recommendation to the company. The common 1-year cost aim among analysts that have issued scores on the inventory in the last calendar year is $72.44.

A amount of analysts have weighed in on the inventory. Wedbush started coverage on shares of Alteryx in a study report on Wednesday, December 14th. They issued a “neutral” score and a $50.00 goal rate on the stock. Truist Monetary reaffirmed a “purchase” ranking and established a $80.00 price concentrate on on shares of Alteryx in a exploration note on Friday, November 11th. Needham & Organization LLC dropped their value goal on shares of Alteryx from $80.00 to $62.00 and established a “obtain” score for the business in a analysis take note on Wednesday, November 2nd. Piper Sandler dropped their selling price goal on shares of Alteryx from $70.00 to $62.00 and established an “overweight” ranking for the company in a exploration note on Thursday, October 20th. Eventually, Citigroup lifted their rate goal on shares of Alteryx from $73.00 to $75.00 in a exploration observe on Wednesday, November 2nd.

Insiders Put Their Bets

In other Alteryx information, insider Paula Hansen bought 6,500 shares of the firm’s inventory in a transaction on Wednesday, November 30th. The shares have been sold at an typical selling price of $44.10, for a total price of $286,650.00. Adhering to the completion of the sale, the insider now directly owns 105,793 shares in the firm, valued at $4,665,471.30. The transaction was disclosed in a filing with the Securities & Trade Fee, which is obtainable at the SEC web site. Corporate insiders personal 13.84{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} of the company’s stock.

Institutional Inflows and Outflows

Hedge resources have recently produced improvements to their positions in the business enterprise. Ancora Advisors LLC acquired a new placement in shares of Alteryx during the to start with quarter valued at about $29,000. Ellevest Inc. ordered a new situation in Alteryx during the 3rd quarter value about $32,000. Harvest Fund Administration Co. Ltd purchased a new placement in Alteryx in the course of the very first quarter truly worth about $50,000. Skandinaviska Enskilda Banken AB publ boosted its holdings in Alteryx by 147.5{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} in the course of the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 985 shares of the firm’s stock worthy of $55,000 right after purchasing an supplemental 587 shares during the very last quarter. Finally, PNC Fiscal Services Group Inc. boosted its holdings in Alteryx by 14.9{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} during the first quarter. PNC Economical Products and services Team Inc. now owns 1,583 shares of the firm’s inventory value $114,000 right after paying for an extra 205 shares through the very last quarter. 74.23{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} of the stock is at the moment owned by institutional investors and hedge money.

Alteryx Stock Overall performance

Shares of Alteryx stock opened at $49.20 on Monday. Alteryx has a fifty-two 7 days low of $39.55 and a fifty-two week high of $76.35. The organization has a credit card debt-to-equity ratio of 5.07, a latest ratio of 1.60 and a swift ratio of 1.60. The organization has a market capitalization of $3.40 billion, a P/E ratio of -10.31 and a beta of .56. The firm’s 50 working day shifting ordinary cost is $46.55 and its two-hundred day transferring typical cost is $52.87.

Alteryx (NYSE:AYX – Get Rating) previous issued its earnings success on Tuesday, November 1st. The firm documented ($.95) earnings for every share for the quarter, missing analysts’ consensus estimates of ($.65) by ($.30). Alteryx had a detrimental net margin of 44.55{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} and a unfavorable return on equity of 103.88{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471}. The organization experienced profits of $215.71 million during the quarter, when compared to analyst estimates of $192.11 million. On common, equities analysts forecast that Alteryx will put up -2.94 earnings for every share for the present-day fiscal 12 months.

About Alteryx

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Alteryx, Inc operates in analytic method automation organization in the Asia-Pacific, Europe, the Middle East, Africa, Latin The us, and internationally. The firm’s analytics platform allows companies to boost small business outcomes and the efficiency of their business enterprise analysts, facts scientists, citizen data researchers, and details engineers.

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Analyst Recommendations for Alteryx (NYSE:AYX)

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