Deeper Dive: Understanding Alphatec Holdings Inc (ATEC) Through its Various Ratios

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The price of Alphatec Holdings Inc (NASDAQ: ATEC) closed at $10.60 in the last session, down -21.94% from day before closing price of $13.58. In other words, the price has decreased by -$21.94 from its previous closing price. On the day, 9.06 million shares were traded. ATEC stock price reached its highest trading level at $12.12 during the session, while it also had its lowest trading level at $10.59.

Ratios:

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 1.49 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 8.84 whereas as Long-Term Debt/Eq ratio is at 8.71.

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:

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 Apr 24 ’24 when Koning John Todd sold 37,500 shares for $12.82 per share. The transaction valued at 480,750 led to the insider holds 393,356 shares of the business.

Bakst Evan bought 15,000 shares of ATEC for $202,950 on Mar 14 ’24. The Director now owns 15,000 shares after completing the transaction at $13.53 per share. On Mar 07 ’24, another insider, Blackford Quentin S., who serves as the Director of the company, bought 20,000 shares for $12.83 each. As a result, the insider paid 256,600 and bolstered with 572,605 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 1481943680 and an Enterprise Value of 2319886592. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.90 while its Price-to-Book (P/B) ratio in mrq is 40.20. Its current Enterprise Value per Revenue stands at 4.534 whereas that against EBITDA is -26.602.

Stock Price History:

The Beta on a monthly basis for ATEC is 1.48, which has changed by -0.13004482 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. 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 -20.61%, while the 200-Day Moving Average is calculated to be -22.86%.

Shares Statistics:

According to the various share statistics, ATEC traded on average about 1.71M shares per day over the past 3-months and 1276070 shares per day over the past 10 days. A total of 139.25M shares are outstanding, with a floating share count of 96.36M. Insiders hold about 31.08% of the company’s shares, while institutions hold 66.51% stake in the company. Shares short for ATEC as of 1713139200 were 12088715 with a Short Ratio of 7.08, compared to 1710460800 on 11019024. Therefore, it implies a Short% of Shares Outstanding of 12088715 and a Short% of Float of 12.04.

Earnings Estimates

The current rating of Alphatec Holdings Inc (ATEC) is the result of assessments by 7.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of -$0.29 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.34, while EPS last year was -$0.43. The consensus estimate for the next quarter is -$0.26, with high estimates of -$0.18 and low estimates of -$0.35.

Analysts are recommending an EPS of between -$0.71 and -$1.34 for the fiscal current year, implying an average EPS of -$1.09. EPS for the following year is -$0.76, with 6.0 analysts recommending between -$0.17 and -$1.32.

Revenue Estimates

According to 10 analysts, the current quarter’s revenue is expected to be $144.83M. It ranges from a high estimate of $147.6M to a low estimate of $140.6M. As of the current estimate, Alphatec Holdings Inc’s year-ago sales were $116.92MFor the next quarter, 10 analysts are estimating revenue of $146.17M. There is a high estimate of $148.7M for the next quarter, whereas the lowest estimate is $143.1M.

A total of 11 analysts have provided revenue estimates for ATEC’s current fiscal year. The highest revenue estimate was $604.6M, while the lowest revenue estimate was $594.9M, resulting in an average revenue estimate of $596.39M. In the same quarter a year ago, actual revenue was $482.26MBased on 10 analysts’ estimates, the company’s revenue will be $717.06M in the next fiscal year. The high estimate is $753.3M and the low estimate is $702M.

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