As of close of business last night, Alphatec Holdings Inc’s stock clocked out at $13.98, down -8.87% from its previous closing price of $15.34. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 4110830 shares were traded. ATEC stock price reached its highest trading level at $15.01 during the session, while it also had its lowest trading level at $13.50.
Ratios:
To gain a deeper understanding of ATEC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 2.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on February 09, 2024, initiated with a Overweight rating and assigned the stock a target price of $26.
On December 19, 2023, Needham reiterated its Buy rating and also lowered its target price recommendation from $16 to $18.
On October 20, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $22.ROTH MKM initiated its Buy rating on October 20, 2023, with a $22 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 26 when Hunsaker Craig E sold 41,560 shares for $15.05 per share. The transaction valued at 625,478 led to the insider holds 1,188,444 shares of the business.
Sponsel David sold 17,820 shares of ATEC for $273,359 on Feb 21. The EVP, SALES now owns 654,661 shares after completing the transaction at $15.34 per share. On Feb 21, another insider, Lish Scott, who serves as the CHIEF OPERATING OFFICER of the company, sold 11,963 shares for $15.34 each. As a result, the insider received 183,512 and left with 538,240 shares of the company.
Valuation Measures:
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 1.91B and an Enterprise Value of 2.32B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.23. Its current Enterprise Value per Revenue stands at 5.50 whereas that against EBITDA is -21.92.
Stock Price History:
Over the past 52 weeks, ATEC has reached a high of $19.14, while it has fallen to a 52-week low of $8.66. The 50-Day Moving Average of the stock is 15.40, while the 200-Day Moving Average is calculated to be 14.49.
Shares Statistics:
It appears that ATEC traded 1.57M shares on average per day over the past three months and 1.56M shares per day over the past ten days. A total of 106.64M shares are outstanding, with a floating share count of 91.79M. Insiders hold about 32.66% of the company’s shares, while institutions hold 68.08% stake in the company. Shares short for ATEC as of Feb 15, 2024 were 11.19M with a Short Ratio of 7.11, compared to 11.36M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.21% and a Short% of Float of 11.33%.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.24 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.32, while EPS last year was -$0.4. The consensus estimate for the next quarter is -$0.23, with high estimates of -$0.12 and low estimates of -$0.33.
Analysts are recommending an EPS of between -$0.46 and -$1.28 for the fiscal current year, implying an average EPS of -$0.96. EPS for the following year is -$0.59, with 6 analysts recommending between -$0.06 and -$0.93.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $130.54M. It ranges from a high estimate of $135.6M to a low estimate of $125M. As of the current estimate, Alphatec Holdings Inc’s year-ago sales were $109.11M, an estimated increase of 19.60% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $141.2M, an increase of 20.80% over than the figure of $19.60% in the same quarter last year. There is a high estimate of $146.7M for the next quarter, whereas the lowest estimate is $133M.
A total of 11 analysts have provided revenue estimates for ATEC’s current fiscal year. The highest revenue estimate was $597.6M, while the lowest revenue estimate was $545.53M, resulting in an average revenue estimate of $578.08M. In the same quarter a year ago, actual revenue was $482.26M, up 19.90% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $685.21M in the next fiscal year. The high estimate is $740M and the low estimate is $633.36M. The average revenue growth estimate for next year is up 18.50% from the average revenue estimate for this year.
