Alteryx - AYX Stock Forecast, Price & News

Alteryx, Inc. operates in analytic process automation business in the Asia-Pacific, Europe, the Middle East, Africa, Latin America, and internationally. The company's analytics platform enables organizations to enhance business outcomes and the productivity of their business analysts, data scientists, citizen data scientists, and data engineers. Its analytics platform comprises Alteryx Designer, a data profiling, preparation, blending, analytics, data science, and process automation product; Alteryx Server, a server-based product to manage, automate, and govern processes and applications in a web-based environment; Alteryx Intelligence Suite, an augmented machine learning, auto-modeling, and text mining product; Alteryx Connect, a collaborative data exploration platform; 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. The company's platform also offers cloud-native products comprising Alteryx Designer Cloud, a browser-based version of Alteryx Designer product; Alteryx Machine Learning, an automated machine learning product to build, validate, iterate, and explore machine learning models; Alteryx Auto Insights, an analytics solution that automates insights for business users; and Alteryx Trifacta, an open and interactive cloud platform for data engineers and analysts to collaboratively profile, prepare, and pipeline data for analytics and machine learning. In addition, it provides technical support, instruction, and customer services. It serves retail, food services, consumer products, telecom and cable, media and entertainment, professional services, financial services, energy and utilities, public sector, manufacturing, travel and hospitality, healthcare and insurance, and technology industries. The company was founded in 1997 and is headquartered in Irvine, California.

Alteryx Stock Up 3.1 %

Alteryx stock opened at $68.65 on Monday. Alteryx has a 1-year low of $43.45 and a 1-year high of $81.30. The company has a debt-to-equity ratio of 4.61, a quick ratio of 1.57 and a current ratio of 1.57. The stock's fifty day moving average is $52.23 and its two-hundred day moving average is $58.41.

Alteryx (NYSE:AYX - Get Rating) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.46) earnings per share for the quarter, beating analysts' consensus estimates of ($0.60) by $0.14. Alteryx had a negative return on equity of 75.48% and a negative net margin of 48.42%. During the same period in the previous year, the firm earned ($0.49) EPS. On average, equities research analysts anticipate that Alteryx will post -2.75 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Needham & Company LLC decreased their price target on Alteryx from $86.00 to $57.00 and set a "buy" rating on the stock in a research note on Friday, July 29th. Cowen upped their price target on Alteryx to $75.00 in a research note on Tuesday, August 9th. Cowen increased their price objective on Alteryx from $75.00 to $90.00 in a research note on Wednesday, May 4th. Rosenblatt Securities increased their price objective on Alteryx from $75.00 to $77.00 and gave the company a "buy" rating in a research note on Wednesday, August 3rd. Finally, Morgan Stanley increased their price objective on Alteryx from $73.00 to $79.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 3rd. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Alteryx currently has a consensus rating of "Moderate Buy" and an average target price of $79.20.