Atlassian Corporation (NASDAQ: TEAM) closed the day trading at $193.14 up 0.59% from the previous closing price of $192.00. In other words, the price has increased by $+1.14 from its previous closing price. On the day, 918918 shares were traded.
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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 31.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.64. 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.
On December 01, 2023, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $185.Scotiabank initiated its Sector Perform rating on December 01, 2023, with a $185 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 Mar 26 ’24 when Cannon-Brookes Michael sold 8,241 shares for $193.29 per share. The transaction valued at 1,592,869 led to the insider holds 16,482 shares of the business.
Farquhar Scott sold 8,241 shares of TEAM for $1,592,867 on Mar 26 ’24. The Co-CEO, Co-Founder now owns 16,482 shares after completing the transaction at $193.29 per share. On Mar 25 ’24, another insider, Cannon-Brookes Michael, who serves as the Co-CEO, Co-Founder of the company, sold 8,241 shares for $192.21 each. As a result, the insider received 1,584,010 and left with 24,723 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 50.10B and an Enterprise Value of 49.76B. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.87 while its Price-to-Book (P/B) ratio in mrq is 55.37. Its current Enterprise Value per Revenue stands at 12.78 whereas that against EBITDA is -322.01.
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 215.52, while the 200-Day Moving Average is calculated to be 199.14.
Shares Statistics:
Over the past 3-months, TEAM traded about 1.73M shares per day on average, while over the past 10 days, TEAM traded about 2.07M shares per day. A total of 259.41M shares are outstanding, with a floating share count of 156.01M. Insiders hold about 39.86% of the company’s shares, while institutions hold 53.90% stake in the company. Shares short for TEAM as of Feb 29, 2024 were 3.67M with a Short Ratio of 2.41, compared to 3.21M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.42% and a Short% of Float of 2.34%.
Earnings Estimates
Current recommendations for the stock of the company come from 23 analysts. On average, analysts expect EPS of $0.62 for the current quarter, with a high estimate of $0.77 and a low estimate of $0.56, while EPS last year was $0.54. The consensus estimate for the next quarter is $0.58, with high estimates of $0.79 and low estimates of $0.49.
Analysts are recommending an EPS of between $2.94 and $2.43 for the fiscal current year, implying an average EPS of $2.58. EPS for the following year is $3.13, with 25 analysts recommending between $3.84 and $2.72.
Revenue Estimates
A total of 27 analysts have provided revenue estimates for TEAM’s current fiscal year. The highest revenue estimate was $4.29B, while the lowest revenue estimate was $4.22B, resulting in an average revenue estimate of $4.24B. In the same quarter a year ago, actual revenue was $3.53B, up 20.00% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $5.09B in the next fiscal year. The high estimate is $5.42B and the low estimate is $4.97B. The average revenue growth estimate for next year is up 20.10% from the average revenue estimate for this year.
