Alteryx (NYSE:AYX) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -0.070-0.070 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.020. The company issued revenue guidance of $565 million-$575 million, compared to the consensus revenue estimate of $560.25 million.Alteryx also updated its FY21 guidance to ($0.07) to $0.07 EPS.
Shares of AYX stock traded down $2.72 during trading hours on Tuesday, reaching $76.39. The company had a trading volume of 2,810,281 shares, compared to its average volume of 1,537,187. The company has a debt-to-equity ratio of 1.49, a quick ratio of 4.03 and a current ratio of 4.03. The stock has a fifty day moving average of $84.12 and a 200-day moving average of $109.62. The company has a market capitalization of $5.11 billion, a price-to-earnings ratio of -282.93, a PEG ratio of 87.28 and a beta of 0.85. Alteryx has a 12-month low of $74.72 and a 12-month high of $185.75.
Alteryx (NYSE:AYX) last released its quarterly earnings data on Tuesday, May 4th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.15. Alteryx had a positive return on equity of 3.27% and a negative net margin of 3.20%. The firm had revenue of $118.76 million for the quarter, compared to analysts’ expectations of $106.08 million. During the same period in the prior year, the firm posted ($0.10) earnings per share. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. On average, analysts forecast that Alteryx will post -0.1 EPS for the current year.
A number of research analysts recently commented on the company. Morgan Stanley assumed coverage on Alteryx in a report on Thursday, April 1st. They issued an equal weight rating and a $93.00 price objective on the stock. Cowen decreased their price objective on Alteryx from $155.00 to $150.00 and set an outperform rating on the stock in a report on Tuesday, January 5th. Loop Capital decreased their price objective on Alteryx from $140.00 to $110.00 in a report on Tuesday, January 5th. Rosenblatt Securities restated a buy rating on shares of Alteryx in a research note on Tuesday, April 27th. Finally, DA Davidson decreased their price target on Alteryx from $137.00 to $115.00 and set a neutral rating on the stock in a research note on Tuesday, January 5th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $153.92.
In other news, Director Dean Stoecker sold 42,500 shares of the stock in a transaction on Thursday, February 18th. The stock was sold at an average price of $111.73, for a total value of $4,748,525.00. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Christopher M. Lal sold 640 shares of the stock in a transaction on Thursday, April 15th. The shares were sold at an average price of $87.02, for a total value of $55,692.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 86,721 shares of company stock worth $8,992,427. Insiders own 13.58% of the company’s stock.
Alteryx Company Profile
Alteryx, Inc provides end-to-end analytics platform for data analysts and scientists worldwide. Its analytic process automation software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a 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; 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.
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