Headlines about Alteryx (NYSE:AYX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Alteryx earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the company an impact score of 44.5715521195235 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern’s rankings:
- $39.54 Million in Sales Expected for Alteryx Inc (AYX) This Quarter (americanbankingnews.com)
- Insider Selling: Alteryx Inc (AYX) Insider Sells 37,100 Shares of Stock (americanbankingnews.com)
- Insider Selling: Alteryx Inc (AYX) Chairman Sells 40,000 Shares of Stock (americanbankingnews.com)
- Technical Snapshots for Investors – Alteryx Inc (NYSE: AYX) – Alpha Beta Stock (alphabetastock.com)
- Alteryx, Inc. (AYX) Moves Back And Forth on Volatility Analysis – Investing News Update (investingbizz.com)
AYX has been the topic of several research analyst reports. KeyCorp reaffirmed a “sector weight” rating on shares of Alteryx in a research report on Wednesday. Zacks Investment Research lowered Alteryx from a “hold” rating to a “sell” rating in a report on Monday, February 26th. Cowen reaffirmed an “outperform” rating and set a $34.00 price objective (up previously from $29.00) on shares of Alteryx in a report on Thursday, February 22nd. Bank of America boosted their target price on Alteryx from $28.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, February 22nd. Finally, Goldman Sachs downgraded Alteryx from a “buy” rating to a “neutral” rating and set a $29.00 target price on the stock. in a research report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Alteryx has a consensus rating of “Buy” and a consensus price target of $25.80.
Alteryx (NYSE:AYX) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.05. Alteryx had a negative return on equity of 8.51% and a negative net margin of 13.30%. The firm had revenue of $38.60 million during the quarter, compared to the consensus estimate of $35.89 million. During the same quarter in the prior year, the business posted ($0.11) earnings per share. Alteryx’s revenue for the quarter was up 54.6% on a year-over-year basis. analysts expect that Alteryx will post -0.41 EPS for the current year.
In related news, Chairman Dean Stoecker sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $25.62, for a total value of $1,024,800.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Christopher M. Lal sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $35.03, for a total value of $525,450.00. The disclosure for this sale can be found here. In the last three months, insiders sold 369,552 shares of company stock worth $11,493,787.
Alteryx Company Profile
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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