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Atlassian Corporation (NASDAQ: TEAM) closed the day trading at $179.85 up 0.75% from the previous closing price of $178.52. In other words, the price has increased by $0.75 from its previous closing price. On the day, 0.78 million shares were traded. TEAM stock price reached its highest trading level at $181.97 during the session, while it also had its lowest trading level at $178.59.
Ratios:
For a better understanding of TEAM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.01.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 08 ’24 when Cannon-Brookes Michael sold 8,241 shares for $178.93 per share. The transaction valued at 1,474,601 led to the insider holds 284,040 shares of the business.
Farquhar Scott sold 8,241 shares of TEAM for $1,474,599 on May 08 ’24. The Co-CEO, Co-Founder now owns 284,040 shares after completing the transaction at $178.93 per share. On May 07 ’24, another insider, Cannon-Brookes Michael, who serves as the Co-CEO, Co-Founder of the company, sold 8,241 shares for $183.46 each. As a result, the insider received 1,511,930 and left with 292,281 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 46814597120 and an Enterprise Value of 45575024640. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.24 while its Price-to-Book (P/B) ratio in mrq is 41.31. Its current Enterprise Value per Revenue stands at 10.939 whereas that against EBITDA is -1489.137.
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 -8.24%, while the 200-Day Moving Average is calculated to be -10.89%.
Shares Statistics:
Over the past 3-months, TEAM traded about 1.69M shares per day on average, while over the past 10 days, TEAM traded about 2338600 shares per day. A total of 260.30M shares are outstanding, with a floating share count of 157.38M. Insiders hold about 39.54% of the company’s shares, while institutions hold 53.70% stake in the company. Shares short for TEAM as of 1713139200 were 4403247 with a Short Ratio of 2.61, compared to 1710460800 on 4169323. Therefore, it implies a Short% of Shares Outstanding of 4403247 and a Short% of Float of 2.77.
Earnings Estimates
The firm’s stock currently is rated by 23.0 analysts. On average, analysts expect EPS of $0.61 for the current quarter, with a high estimate of $0.9 and a low estimate of $0.45, while EPS last year was $0.57. The consensus estimate for the next quarter is $0.7, with high estimates of $0.8 and low estimates of $0.54.
Analysts are recommending an EPS of between $3.17 and $2.72 for the fiscal current year, implying an average EPS of $2.88. EPS for the following year is $3.28, with 26.0 analysts recommending between $4.5 and $2.85.
Revenue Estimates
24 analysts predict $1.13B in revenue for the current quarter. It ranges from a high estimate of $1.17B to a low estimate of $1.12B. As of the current estimate, Atlassian Corporation’s year-ago sales were $939.1MFor the next quarter, 24 analysts are estimating revenue of $1.16B. There is a high estimate of $1.19B for the next quarter, whereas the lowest estimate is $1.12B.
A total of 28 analysts have provided revenue estimates for TEAM’s current fiscal year. The highest revenue estimate was $4.39B, while the lowest revenue estimate was $4.28B, resulting in an average revenue estimate of $4.35B. In the same quarter a year ago, actual revenue was $3.53BBased on 28 analysts’ estimates, the company’s revenue will be $5.16B in the next fiscal year. The high estimate is $5.39B and the low estimate is $5B.
