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The price of Atlassian Corporation (NASDAQ: TEAM) closed at $189.35 in the last session, down -0.81% from day before closing price of $190.89. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 1.63 million shares were traded. TEAM stock price reached its highest trading level at $193.0 during the session, while it also had its lowest trading level at $187.24.
Ratios:
We take a closer look at TEAM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.70. 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.
On August 02, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $200 to $230.
Robert W. Baird Downgraded its Outperform to Neutral on August 02, 2024, whereas the target price for the stock was revised from $230 to $175.
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 Oct 15 ’24 when Cannon-Brookes Michael sold 7,948 shares for $191.80 per share. The transaction valued at 1,524,465 led to the insider holds 421,244 shares of the business.
Farquhar Scott sold 7,948 shares of TEAM for $1,524,464 on Oct 15 ’24. The Director now owns 421,244 shares after completing the transaction at $191.80 per share. On Oct 14 ’24, another insider, Cannon-Brookes Michael, who serves as the CEO, Co-Founder of the company, sold 7,948 shares for $193.70 each. As a result, the insider received 1,539,517 and left with 429,192 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 49238953984 and an Enterprise Value of 48146739200. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.30 while its Price-to-Book (P/B) ratio in mrq is 47.77. Its current Enterprise Value per Revenue stands at 11.046 whereas that against EBITDA is -1255.816.
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 $135.29. The 50-Day Moving Average of the stock is 16.63%, while the 200-Day Moving Average is calculated to be 1.81%.
Shares Statistics:
According to the various share statistics, TEAM traded on average about 1.92M shares per day over the past 3-months and 1929690 shares per day over the past 10 days. A total of 159.54M shares are outstanding, with a floating share count of 155.05M. Insiders hold about 40.37% of the company’s shares, while institutions hold 52.93% stake in the company. Shares short for TEAM as of 1727654400 were 3334205 with a Short Ratio of 1.74, compared to 1724976000 on 2467240. Therefore, it implies a Short% of Shares Outstanding of 3334205 and a Short% of Float of 2.09.
