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In the latest session, Atlassian Corporation (NASDAQ: TEAM) closed at $193.61 down -0.75% from its previous closing price of $195.07. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 1.08 million shares were traded. TEAM stock price reached its highest trading level at $198.86 during the session, while it also had its lowest trading level at $193.52.
Ratios:
For a deeper understanding of Atlassian Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.75. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 17 ’24 when Cannon-Brookes Michael sold 8,241 shares for $196.26 per share. The transaction valued at 1,617,373 led to the insider holds 407,655 shares of the business.
Farquhar Scott sold 8,241 shares of TEAM for $1,617,372 on Apr 17 ’24. The Co-CEO, Co-Founder now owns 407,655 shares after completing the transaction at $196.26 per share. On Apr 16 ’24, another insider, Cannon-Brookes Michael, who serves as the Co-CEO, Co-Founder of the company, sold 8,241 shares for $194.37 each. As a result, the insider received 1,601,833 and left with 415,896 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 50223792128 and an Enterprise Value of 49857216512. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.90 while its Price-to-Book (P/B) ratio in mrq is 55.50. Its current Enterprise Value per Revenue stands at 12.809 whereas that against EBITDA is -415.235.
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 -4.67%, while the 200-Day Moving Average is calculated to be -3.71%.
Shares Statistics:
For the past three months, TEAM has traded an average of 1.78M shares per day and 1581940 over the past ten days. A total of 259.41M shares are outstanding, with a floating share count of 155.22M. Insiders hold about 40.17% of the company’s shares, while institutions hold 53.83% stake in the company. Shares short for TEAM as of 1711584000 were 5158798 with a Short Ratio of 2.90, compared to 1709164800 on 3674895. Therefore, it implies a Short% of Shares Outstanding of 5158798 and a Short% of Float of 3.2899998.
Earnings Estimates
Currently, Atlassian Corporation analysts are dedicated to thoroughly evaluating and rating the performance of Atlassian Corporation (TEAM) in the stock market.The consensus estimate for the next quarter is $24.31, with high estimates of $1.19 and low estimates of $6.96.
Analysts are recommending an EPS of between $Basic Materials and $Industrials for the fiscal current year, implying an average EPS of $Healthcare.
