The price of Alphatec Holdings Inc. (NASDAQ: ATEC) closed at $14.74 in the last session, down -1.86% from day before closing price of $15.02. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 563317 shares were traded. ATEC stock price reached its highest trading level at $15.11 during the session, while it also had its lowest trading level at $14.60.
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We take a closer look at ATEC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 2.10.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 15 when Hunsaker Craig E sold 58,238 shares for $15.29 per share. The transaction valued at 890,459 led to the insider holds 1,227,456 shares of the business.
Pritzker Jennifer N. bought 2,400 shares of ATEC for $37,368 on May 10. The 10% Owner now owns 55,600 shares after completing the transaction at $15.57 per share. On May 10, another insider, Pritzker Jennifer N., who serves as the 10% Owner of the company, bought 2,000 shares for $15.71 each. As a result, the insider paid 31,420 and bolstered with 7,000 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATEC now has a Market Capitalization of 1.79B and an Enterprise Value of 2.10B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.54. Its current Enterprise Value per Revenue stands at 5.40 whereas that against EBITDA is -21.36.
Stock Price History:
Over the past 52 weeks, ATEC has reached a high of $17.13, while it has fallen to a 52-week low of $5.73. The 50-Day Moving Average of the stock is 15.40, while the 200-Day Moving Average is calculated to be 12.02.
According to the various share statistics, ATEC traded on average about 1.09M shares per day over the past 3-months and 1.01M shares per day over the past 10 days. A total of 109.75M shares are outstanding, with a floating share count of 68.08M. Insiders hold about 8.40% of the company’s shares, while institutions hold 51.00% stake in the company. Shares short for ATEC as of Apr 27, 2023 were 7.78M with a Short Ratio of 7.73M, compared to 6.88M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.56% and a Short% of Float of 9.61%.
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.28 for the current quarter, with a high estimate of -$0.21 and a low estimate of -$0.36, while EPS last year was -$0.36. The consensus estimate for the next quarter is -$0.27, with high estimates of -$0.22 and low estimates of -$0.35.
Analysts are recommending an EPS of between -$1.01 and -$1.36 for the fiscal current year, implying an average EPS of -$1.15. EPS for the following year is -$0.8, with 7 analysts recommending between -$0.47 and -$1.19.
According to 8 analysts, the current quarter’s revenue is expected to be $109.89M. It ranges from a high estimate of $111.3M to a low estimate of $106.19M. As of the current estimate, Alphatec Holdings Inc.’s year-ago sales were $84.15M, an estimated increase of 30.60% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $109.61M, an increase of 22.00% less than the figure of $30.60% in the same quarter last year. There is a high estimate of $112M for the next quarter, whereas the lowest estimate is $107.4M.
A total of 9 analysts have provided revenue estimates for ATEC’s current fiscal year. The highest revenue estimate was $453.8M, while the lowest revenue estimate was $449.94M, resulting in an average revenue estimate of $451.05M. In the same quarter a year ago, actual revenue was $350.87M, up 28.60% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $541.5M in the next fiscal year. The high estimate is $566.07M and the low estimate is $524.91M. The average revenue growth estimate for next year is up 20.10% from the average revenue estimate for this year.