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 Performance

AYX traded down $2.87 during trading on Friday, hitting $62.08. The stock had a trading volume of 13,209 shares, compared to its average volume of 1,032,712. The company has a 50 day moving average price of $53.08 and a 200-day moving average price of $58.69. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of -13.82 and a beta of 0.74. Alteryx has a one year low of $43.45 and a one year high of $81.30. The company has a debt-to-equity ratio of 4.61, a current ratio of 1.57 and a quick ratio of 1.57.

Alteryx (NYSE:AYX - Get Rating) last released its quarterly earnings results on Tuesday, August 2nd. The company reported ($0.46) earnings per share (EPS) for the quarter, beating the consensus estimate 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 prior year, the firm posted ($0.49) earnings per share. As a group, research analysts predict that Alteryx will post -2.75 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on AYX shares. FBN Securities started coverage on Alteryx in a research report on Monday, May 23rd. They set an "outperform" rating and a $80.00 price target on the stock. Needham & Company LLC boosted their price target on Alteryx from $68.00 to $80.00 and gave the stock a "buy" rating in a research report on Monday. Cowen boosted their price target on Alteryx to $75.00 in a research report on Tuesday, August 9th. Rosenblatt Securities boosted their price target on Alteryx from $75.00 to $77.00 and gave the stock a "buy" rating in a research report on Wednesday, August 3rd. Finally, Citigroup boosted their price target on Alteryx from $86.00 to $95.00 in a research report on Wednesday, May 4th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $80.73.