Wall Street brokerages expect Alteryx Inc (NYSE:AYX) to report earnings of ($0.05) per share for the current quarter, Zacks reports. Six analysts have issued estimates for Alteryx’s earnings, with the highest EPS estimate coming in at ($0.04) and the lowest estimate coming in at ($0.06). Alteryx reported earnings of $0.02 per share in the same quarter last year, which indicates a negative year over year growth rate of 350%. The company is expected to announce its next quarterly earnings report on Thursday, November 8th.

According to Zacks, analysts expect that Alteryx will report full year earnings of ($0.25) per share for the current fiscal year, with EPS estimates ranging from ($0.26) to ($0.24). For the next year, analysts forecast that the company will post earnings of ($0.15) per share, with EPS estimates ranging from ($0.21) to ($0.08). Zacks’ EPS calculations are a mean average based on a survey of research analysts that cover Alteryx.

Alteryx (NYSE:AYX) last issued its quarterly earnings data on Wednesday, August 8th. The company reported ($0.09) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.01. The firm had revenue of $46.80 million during the quarter, compared to analyst estimates of $43.79 million. Alteryx had a negative return on equity of 9.44% and a negative net margin of 9.44%. The business’s quarterly revenue was up 54.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.09) earnings per share.

A number of brokerages have recently weighed in on AYX. KeyCorp restated a “buy” rating on shares of Alteryx in a research report on Wednesday, August 8th. Oppenheimer began coverage on Alteryx in a research report on Friday, June 22nd. They set an “outperform” rating and a $48.00 price objective for the company. Citigroup began coverage on Alteryx in a research report on Friday, June 22nd. They set an “outperform” rating and a $48.00 price objective for the company. Rosenblatt Securities began coverage on Alteryx in a research report on Monday, July 9th. They set a “buy” rating for the company. Finally, Needham & Company LLC raised their price objective on Alteryx from $51.00 to $57.00 and gave the company a “buy” rating in a research report on Tuesday, August 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $48.70.

Shares of Alteryx stock opened at $58.98 on Friday. The stock has a market cap of $3.59 billion, a PE ratio of -190.26 and a beta of 0.04. The company has a quick ratio of 2.71, a current ratio of 2.71 and a debt-to-equity ratio of 0.91. Alteryx has a twelve month low of $18.80 and a twelve month high of $63.18.

In related news, Chairman Dean Stoecker sold 40,000 shares of Alteryx stock in a transaction dated Thursday, September 13th. The stock was sold at an average price of $61.25, for a total value of $2,450,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CRO Robert Scott Jones sold 4,168 shares of Alteryx stock in a transaction dated Thursday, July 5th. The stock was sold at an average price of $40.00, for a total value of $166,720.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,463,986 shares of company stock valued at $190,021,190. 39.01% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AYX. Whale Rock Capital Management LLC purchased a new position in Alteryx in the first quarter worth about $40,538,000. Sandler Capital Management purchased a new position in Alteryx in the second quarter worth about $29,515,000. BlackRock Inc. grew its position in Alteryx by 47.8% in the second quarter. BlackRock Inc. now owns 2,027,578 shares of the company’s stock worth $77,373,000 after acquiring an additional 655,701 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in Alteryx in the second quarter worth about $12,649,000. Finally, Bank of America Corp DE grew its position in Alteryx by 1,038.4% in the second quarter. Bank of America Corp DE now owns 279,498 shares of the company’s stock worth $10,666,000 after acquiring an additional 254,946 shares in the last quarter. Institutional investors own 42.94% of the company’s stock.

About Alteryx

Alteryx, Inc operates a self-service data analytics software platform that enables organizations to enhance business outcomes and the productivity of their business analysts. Its software platform includes Alteryx Designer for data preparation, blending, and analytics that could be deployable in the cloud and on premise; Alteryx Server, a secure and scalable server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models to production; and Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository.

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