As of close of business last night, Alphatec Holdings Inc’s stock clocked out at $13.19, up 0.69% from its previous closing price of $13.10. On the day, 957512 shares were traded.
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 1.99 and its Current Ratio is at 2.86. In the meantime, Its Debt-to-Equity ratio is 5.33 whereas as Long-Term Debt/Eq ratio is at 5.26.
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 Mar 14 ’24 when Bakst Evan bought 15,000 shares for $13.53 per share. The transaction valued at 202,950 led to the insider holds 15,000 shares of the business.
Blackford Quentin S. bought 20,000 shares of ATEC for $256,600 on Mar 07 ’24. The Director now owns 572,605 shares after completing the transaction at $12.83 per share. On Mar 06 ’24, another insider, Marshall Tyson Eliot, who serves as the GENERAL COUNSEL & CORP. SEC. of the company, sold 9,225 shares for $13.16 each. As a result, the insider received 121,401 and left with 295,870 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 23.51.
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.
Shares Statistics:
A total of 139.25M shares are outstanding, with a floating share count of 95.06M. Insiders hold about 31.10% of the company’s shares, while institutions hold 66.92% stake in the company.
Earnings Estimates
As of right now, VALTECH SE analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $16.95, with high estimates of $150.21 and low estimates of $2.20.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
