|Bid||71.32 x 1200|
|Ask||72.69 x 800|
|Day's range||71.33 - 74.49|
|52-week range||66.66 - 154.83|
|Beta (5Y monthly)||0.69|
|PE ratio (TTM)||N/A|
|Earnings date||03 Nov 2021 - 08 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||99.64|
"Software is eating the world," said noted venture capitalist Marc Andreessen back in 2011. Judging by the booming revenue growth and stock market appreciation of many software stocks over the past decade, he was most certainly right. Well, several older software players are currently going through business model changes.
Down nearly 60% from its all-time high and 40% year to date, Alteryx (NYSE: AYX) has not seen the recent returns that its tech brethren have enjoyed. Given these disappointing returns, it would be reasonable to assume Alteryx's core business is in trouble. Alteryx's revenue increased 25% over last year's second-quarter numbers.
Guidance is a word that can make or break the earnings report. Despite scoring a much better earnings report recently, shares of Alteryx, Inc. (NYSE:AYX)slumped to levels not seen in over 2 years due to, once again, unfavorable full-year revenue guidance.