Alteryx (NYSE:AYX) Rating Reiterated by Rosenblatt Securities

Alteryx (NYSE:AYXGet Free Report)‘s stock had its “neutral” rating reaffirmed by research analysts at Rosenblatt Securities in a note issued to investors on Friday, Benzinga reports. They currently have a $48.25 price target on the stock. Rosenblatt Securities’ price objective suggests a potential upside of 1.09% from the stock’s current price.

A number of other analysts also recently weighed in on AYX. DA Davidson started coverage on Alteryx in a research report on Tuesday, November 14th. They set a “neutral” rating and a $40.00 target price for the company. Citigroup reiterated a “neutral” rating and set a $48.25 target price on shares of Alteryx in a research report on Tuesday, December 19th. Piper Sandler reiterated a “neutral” rating and set a $48.25 target price on shares of Alteryx in a research report on Wednesday. Piper Sandler Companies boosted their price target on Alteryx from $30.00 to $32.00 and gave the stock an “underweight” rating in a report on Tuesday, November 7th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Alteryx in a report on Monday, December 18th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Alteryx currently has a consensus rating of “Hold” and a consensus target price of $47.75.

Check Out Our Latest Report on Alteryx

Alteryx Stock Performance

NYSE:AYX opened at $47.73 on Friday. The stock has a fifty day moving average price of $46.72 and a 200-day moving average price of $38.92. The company has a market cap of $3.43 billion, a price-to-earnings ratio of -18.36 and a beta of 0.50. The company has a debt-to-equity ratio of 4.42, a quick ratio of 1.33 and a current ratio of 1.45. Alteryx has a fifty-two week low of $27.92 and a fifty-two week high of $70.63.

Hedge Funds Weigh In On Alteryx

A number of institutional investors and hedge funds have recently bought and sold shares of AYX. Envestnet Asset Management Inc. increased its stake in shares of Alteryx by 7.1% in the first quarter. Envestnet Asset Management Inc. now owns 4,636 shares of the company’s stock valued at $332,000 after buying an additional 307 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Alteryx by 13.6% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 26,769 shares of the company’s stock valued at $1,915,000 after buying an additional 3,212 shares during the period. Roundview Capital LLC acquired a new stake in shares of Alteryx in the first quarter valued at about $236,000. PNC Financial Services Group Inc. increased its stake in shares of Alteryx by 14.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,583 shares of the company’s stock valued at $114,000 after buying an additional 205 shares during the period. Finally, MetLife Investment Management LLC acquired a new stake in shares of Alteryx in the first quarter valued at about $272,000. Institutional investors and hedge funds own 72.37% of the company’s stock.

Alteryx Company Profile

(Get Free Report)

Alteryx, Inc, together with its subsidiaries, operates in the analytics automation business in the United States and internationally. The company's analytics platform automates tasks for workers across the analytics value chain. Its analytics platform comprises Alteryx Designer, a data profiling, preparation, blending, and analytics product; Alteryx Server, a server-based product for scheduling, sharing, and running analytic processes and applications in a web-based environment; Alteryx Intelligence Suite, a solution that provides automated modeling, optical character recognition, and natural language processing; and Alteryx Connect, a collaborative data exploration platform.

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Analyst Recommendations for Alteryx (NYSE:AYX)

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