Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Atlassian Corporation’s stock clocked out at $316.00, down -0.77% from its previous closing price of $318.45. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 1.46 million shares were traded.
Ratios:
To gain a deeper understanding of TEAM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.98.
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, Cantor Fitzgerald on January 17, 2025, initiated with a Neutral rating and assigned the stock a target price of $264.
On January 10, 2025, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $255 to $292.
Truist Upgraded its Hold to Buy on January 07, 2025, whereas the target price for the stock was revised from $250 to $300.
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 12 ’25 when Cannon-Brookes Michael sold 7,948 shares for $315.74 per share. The transaction valued at 2,509,480 led to the insider holds 254,336 shares of the business.
Farquhar Scott sold 7,948 shares of TEAM for $2,509,478 on Feb 12 ’25. The Director now owns 254,336 shares after completing the transaction at $315.74 per share. On Feb 11 ’25, another insider, Cannon-Brookes Michael, who serves as the CEO, Co-Founder of the company, sold 7,948 shares for $317.55 each. As a result, the insider received 2,523,904 and left with 262,284 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 17.27 while its Price-to-Book (P/B) ratio in mrq is 67.90.
Stock Price History:
Over the past 52 weeks, TEAM has reached a high of $326.00, while it has fallen to a 52-week low of $135.29. The 50-Day Moving Average of the stock is 16.43%, while the 200-Day Moving Average is calculated to be 56.00%.
Shares Statistics:
A total of 163.08M shares are outstanding, with a floating share count of 158.19M. Insiders hold about 39.62% of the company’s shares, while institutions hold 53.86% stake in the company.
