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After finishing at $251.40 in the prior trading day, Atlassian Corporation (NASDAQ: TEAM) closed at $257.49, up 2.42%. In other words, the price has increased by $2.42 from its previous closing price. On the day, 0.84 million shares were traded. TEAM stock price reached its highest trading level at $257.72 during the session, while it also had its lowest trading level at $251.02.
Ratios:
Our goal is to gain a better understanding of TEAM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.85. 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 1.21 whereas as Long-Term Debt/Eq ratio is at 1.16.
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, Macquarie on December 12, 2024, initiated with a Neutral rating and assigned the stock a target price of $290.
On November 01, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $260.
BMO Capital Markets reiterated its Market Perform rating for the stock on November 01, 2024, while the target price for the stock was revised from $177 to $255.
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 Dec 20 ’24 when BHARADWAJ ANUTTHARA sold 1,520 shares for $254.76 per share. The transaction valued at 387,239 led to the insider holds 211,991 shares of the business.
Cannon-Brookes Michael sold 7,948 shares of TEAM for $2,028,513 on Dec 20 ’24. The CEO, Co-Founder now owns 47,688 shares after completing the transaction at $255.22 per share. On Dec 20 ’24, another insider, Farquhar Scott, who serves as the Director of the company, sold 7,948 shares for $255.22 each. As a result, the insider received 2,028,511 and left with 47,688 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 67058888704 and an Enterprise Value of 66027065344. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.09 while its Price-to-Book (P/B) ratio in mrq is 65.25. Its current Enterprise Value per Revenue stands at 14.452 whereas that against EBITDA is -1510.744.
Stock Price History:
Over the past 52 weeks, TEAM has reached a high of $287.97, while it has fallen to a 52-week low of $135.29. The 50-Day Moving Average of the stock is 7.92%, while the 200-Day Moving Average is calculated to be 35.45%.
Shares Statistics:
The stock has traded on average 2.15M shares per day over the past 3-months and 2129520 shares per day over the last 10 days, according to various share statistics. A total of 160.71M shares are outstanding, with a floating share count of 156.17M. Insiders hold about 40.27% of the company’s shares, while institutions hold 51.39% stake in the company. Shares short for TEAM as of 1732838400 were 2912353 with a Short Ratio of 1.19, compared to 1730332800 on 3323825. Therefore, it implies a Short% of Shares Outstanding of 2912353 and a Short% of Float of 1.8099998999999998.
