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Tuesday, March 21, 2023

Investing In Alteryx Inc. (NYSE: AYX): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Alteryx Inc. (AYX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.37, or 0.54%, to $68.26. The Alteryx Inc. has recorded 23,196 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Alteryx Announces Upsizing and Pricing of $450 Million of Senior Unsecured Notes Due 2028.

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Stocks Info

The company is listed on the NYSE and operates within the Software – Application industry segment. At the end of the last regular session, the stock closed at $67.89 and fluctuated between $68.48 as its day high and $65.35 as its day low. The current market capitalization of Alteryx Inc. is $4.54B. A total of 1.62 million shares were traded on the day, compared to an average of 1.14M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AYX has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 4,671 shares. Over the last 12 months, there were 26 BUYs and 33 SELLs from insiders. Insiders purchased 434,485 shares during that period but sold 193,091.

In the most recent transaction, Hansen Paula sold 6,500 shares of AYX for 44.10 per share on Nov 30. After the transaction, the President & CRO now owns 105,793 company shares. In a previous transaction on Mar 11, Stoecker Dean sold 20,000 shares at 61.87 per share. AYX shares that Director owns now total 0.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AYX in the last 3 months, the mean price target is $77.33 with high estimates of $95.00 and low estimates of $63.00. In terms of 52-week highs and lows, AYX has a high of $76.35 and a low of $39.55.

As of this writing, AYX has an earnings estimate of -$0.31 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $0.01 per share and a lower estimate of -$0.46. The company reported an EPS of -$0.05 in the last quarter, which was 54.50% higher than expectations of -$0.11.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 19 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AYX is Underweight with a score of 4.19. A total of 10 analysts rated the stock as Buy while 1 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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