Alteryx (NYSE:AYX) Target Raised by Goldman Sachs Group Inc to $216.00

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Alteryx stock has undergone multiple analysts rating changes in the recent past.  Alteryx stock Target Raised by   Goldman Sachs Group Inc on 6/29/2020. In a note to investors, the firm issued a new target price of $216.00. The analysts previously had $164.00 target price. Goldman Sachs Group Inc’s price target would indicate a potential upside of 35.85% from the stock’s previous close.

Shares of Alteryx traded down -$2.14 on Monday, reaching $160.28. 831837 shares of the stock traded hands, compared to its average volume of 1557129. Shares of were trading at $160.28 on Monday. The firm’s 50 day moving average is $135.53 and its 200 day moving average is 117.84.Alteryx  has a 12 month low of $156.55 and a 12 month high of $168.56. While on yearly highs and lows, Alteryx today has traded high as $163.31 and has touched $156.55 on the downward trend.

Alteryx Earnings and What to expect: 

Alteryx last released its quarterly earnings data on May 6th, 2020. The reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by $0.01. The firm earned $108.80 million during the quarter, compared to analysts’ expectations of $105.64 million. Its revenue was up 43.2% on a year-over-year basis. Alteryx has generated $0.56 earnings per share over the last year and currently has a price-to-earnings ratio of 3,204.0. Alteryx has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, July 29th, 2020 based off prior year’s report dates.

Earnings for Alteryx are expected to grow in the coming year, from ($0.13) to $0.45 per share. The P/E ratio of Alteryx is 3,171.40, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.07. The P/E ratio of Alteryx is 3,171.40, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.50. Alteryx has a P/B Ratio of 24.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 13.58%
  • On 6/15/2020 Insider Christopher M. Lal Sell 5,840 at average share price of $142.21 which equates to $830,506.40 in money value.
  • On 6/15/2020 CEO Dean Stoecker Sell 30,000 at average price of  $142.02 with total value of : Not Data Available
  • On 6/10/2020 Director Timothy I. Maudlin Sell 10,000 at average price of  $142.31 with total value of : $1,423,100.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Alteryx

  • 5/22/2020 – Alteryx had its price target raised by analysts at Needham & Company LLC from $140.00 to $164.00. They now have a “buy” rating on the stock. ()
  • 5/19/2020 – Alteryx was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $160.00 price target on the stock, up previously from $90.00. ()
  • 5/7/2020 – Alteryx had its price target lowered by analysts at Wedbush from $146.00 to $138.00. They now have an “outperform” rating on the stock. ()
  • 5/7/2020 – Alteryx had its price target lowered by analysts at DA Davidson from $145.00 to $110.00. They now have a “neutral” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Goldman Sachs Group Inc: 

  • 6/29/2020 – Bill.com is now covered by analysts at Goldman Sachs Group Inc. They set a “buy” rating and a $34.00 price target on the stock. ()
  • 6/29/2020 – Zuora had its price target raised by analysts at Goldman Sachs Group Inc from $10.00 to $11.00. ()
  • 6/29/2020 – Zendesk had its price target raised by analysts at Goldman Sachs Group Inc from $96.00 to $113.00. ()
  • 6/29/2020 – Workiva had its price target raised by analysts at Goldman Sachs Group Inc from $41.00 to $52.00. ()
  • See More Analyst Rating at: RATING

Alteryx (NYSE:AYX) Moving Average Technical Analysis

5 day Moving Average is $161.77 And 5 day price change is -6.25 (-3.75%)  with average volume for 5 day average is 1,222,686. While technical analysis for average 20 days shows significant difference, 20 day moving average is  150.26 and 20 day price change is 14.33 (0.0981) and average 20 day moving volume is 1,454,307. 50 day moving average is 135.53  and 50 day price change is 39.07 ( 0.322)  and with average volume for 50 days is : 1,752,539. 200 day moving average is 117.84  and 200 day price change is 46.39 (0.4069)  and with average volume for 200 days is : 1,868,748.

See More Analyst Rating at: RATING