Wall Street brokerages expect Alteryx Inc (NYSE:AYX) to post $76.45 million in sales for the current quarter, according to Zacks. Seven analysts have made estimates for Alteryx’s earnings, with the lowest sales estimate coming in at $75.50 million and the highest estimate coming in at $78.80 million. Alteryx reported sales of $46.80 million in the same quarter last year, which indicates a positive year-over-year growth rate of 63.4%. The business is scheduled to issue its next earnings report after the market closes on Wednesday, July 31st.

According to Zacks, analysts expect that Alteryx will report full year sales of $359.95 million for the current year, with estimates ranging from $357.26 million to $370.40 million. For the next year, analysts forecast that the company will report sales of $470.23 million, with estimates ranging from $453.79 million to $489.90 million. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Alteryx.

Alteryx (NYSE:AYX) last issued its quarterly earnings data on Wednesday, May 1st. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.14. Alteryx had a negative net margin of 2.84% and a negative return on equity of 4.90%. The company had revenue of $76.02 million for the quarter, compared to analysts’ expectations of $71.41 million. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. Alteryx’s revenue for the quarter was up 51.0% on a year-over-year basis.

Several analysts recently weighed in on AYX shares. Wedbush reissued a “buy” rating on shares of Liquidia Technologies in a research note on Thursday, May 2nd. Bank of America set a $54.00 price target on shares of Fortis and gave the company a “buy” rating in a research report on Thursday, May 2nd. JMP Securities upped their price target on shares of Qualys from $85.00 to $100.00 and gave the company a “market outperform” rating in a research report on Thursday, May 2nd. Oppenheimer upped their price target on shares of Alteryx from $93.00 to $120.00 and gave the company an “outperform” rating in a research report on Monday, June 17th. Finally, KeyCorp upped their price target on shares of Alteryx from $100.00 to $123.00 and gave the company an “overweight” rating in a research report on Friday, June 14th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $102.97.

In other Alteryx news, CFO Kevin Rubin sold 13,000 shares of the stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of $117.98, for a total value of $1,533,740.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeff Horing sold 37,148 shares of the stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $99.29, for a total transaction of $3,688,424.92. Following the completion of the sale, the director now owns 6,081 shares of the company’s stock, valued at approximately $603,782.49. The disclosure for this sale can be found here. Insiders sold a total of 124,763 shares of company stock worth $12,121,340 in the last 90 days. 19.82% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. boosted its position in Alteryx by 7.9% during the 4th quarter. BlackRock Inc. now owns 2,439,511 shares of the company’s stock valued at $145,077,000 after purchasing an additional 177,683 shares during the period. Bank of New York Mellon Corp boosted its position in Alteryx by 3.9% during the 4th quarter. Bank of New York Mellon Corp now owns 119,166 shares of the company’s stock valued at $7,087,000 after purchasing an additional 4,426 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new position in Alteryx during the 4th quarter valued at approximately $361,000. Advisor Group Inc. boosted its position in Alteryx by 1,390.0% during the 4th quarter. Advisor Group Inc. now owns 14,140 shares of the company’s stock valued at $841,000 after purchasing an additional 13,191 shares during the period. Finally, Northern Trust Corp boosted its position in Alteryx by 2.2% during the 4th quarter. Northern Trust Corp now owns 378,147 shares of the company’s stock valued at $22,488,000 after purchasing an additional 8,146 shares during the period. Hedge funds and other institutional investors own 64.24% of the company’s stock.

Shares of Alteryx stock traded up $1.25 during trading on Friday, hitting $117.25. The company’s stock had a trading volume of 811,294 shares, compared to its average volume of 1,126,775. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.58 and a current ratio of 1.58. Alteryx has a 52 week low of $38.58 and a 52 week high of $121.50. The stock has a market capitalization of $7.33 billion, a PE ratio of -586.25, a price-to-earnings-growth ratio of 49.66 and a beta of 1.24. The firm’s 50-day moving average is $106.06.

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, data scientists, and citizen data scientists worldwide. Its 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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