The closing price of Atlassian Corporation (NASDAQ: TEAM) was $214.65 for the day, up 4.84% from the previous closing price of $204.74. In other words, the price has increased by $+9.91 from its previous closing price. On the day, 2269255 shares were traded.
Ratios:
Our analysis of TEAM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.30.
On December 18, 2023, CapitalOne started tracking the stock assigning a Equal Weight rating and target price of $238.CapitalOne initiated its Equal Weight rating on December 18, 2023, with a $238 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 10 ’24 when Cannon-Brookes Michael sold 8,241 shares for $201.81 per share. The transaction valued at 1,663,131 led to the insider holds 448,860 shares of the business.
Farquhar Scott sold 8,241 shares of TEAM for $1,663,128 on Apr 10 ’24. The Co-CEO, Co-Founder now owns 448,860 shares after completing the transaction at $201.81 per share. On Apr 09 ’24, another insider, Cannon-Brookes Michael, who serves as the Co-CEO, Co-Founder of the company, sold 8,241 shares for $203.83 each. As a result, the insider received 1,679,760 and left with 457,101 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, TEAM now has a Market Capitalization of 55.67B and an Enterprise Value of 55.33B. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.31 while its Price-to-Book (P/B) ratio in mrq is 61.53. Its current Enterprise Value per Revenue stands at 14.21 whereas that against EBITDA is -358.02.
Stock Price History:
Over the past 52 weeks, TEAM has reached a high of $258.69, while it has fallen to a 52-week low of $128.02. The 50-Day Moving Average of the stock is 206.08, while the 200-Day Moving Average is calculated to be 200.42.
Shares Statistics:
TEAM traded an average of 1.74M shares per day over the past three months and 1.39M shares per day over the past ten days. A total of 259.41M shares are outstanding, with a floating share count of 155.17M. Insiders hold about 40.18% of the company’s shares, while institutions hold 53.87% stake in the company. Shares short for TEAM as of Mar 15, 2024 were 4.17M with a Short Ratio of 2.96, compared to 4.12M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.61% and a Short% of Float of 2.66%.
Earnings Estimates
The firm’s stock currently is rated by 23 analysts. On average, analysts expect EPS of $0.62 for the current quarter, with a high estimate of $0.77 and a low estimate of $0.56, while EPS last year was $0.54. The consensus estimate for the next quarter is $0.58, with high estimates of $0.79 and low estimates of $0.49.
Analysts are recommending an EPS of between $2.94 and $2.43 for the fiscal current year, implying an average EPS of $2.58. EPS for the following year is $3.13, with 25 analysts recommending between $3.84 and $2.72.
Revenue Estimates
A total of 27 analysts have provided revenue estimates for TEAM’s current fiscal year. The highest revenue estimate was $4.29B, while the lowest revenue estimate was $4.22B, resulting in an average revenue estimate of $4.24B. In the same quarter a year ago, actual revenue was $3.53B, up 20.00% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $5.09B in the next fiscal year. The high estimate is $5.42B and the low estimate is $4.97B. The average revenue growth estimate for next year is up 20.10% from the average revenue estimate for this year.
