Atlassian Corporation Plc (NASDAQ:TEAM) went up by 3.37% from its latest closing price compared to the recent 1-year high of $387.48. The company’s stock price has collected 2.02% of gains in the last five trading sessions. Press Release reported on 09/09/21 that Atlassian Appoints Michelle Zatlyn, Cloudflare Co-Founder, President, and COO, to Board of Directors
Is It Worth Investing in Atlassian Corporation Plc (NASDAQ :TEAM) Right Now?
Plus, the 36-month beta value for TEAM is at 0.84. Opinions of the stock are interesting as 12 analysts out of 22 who provided ratings for Atlassian Corporation Plc declared the stock was a “buy,” while 2 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $346.76, which is -$54.81 below the current price. TEAM currently public float of 136.74M and currently shorts hold a 2.94% ratio of that float. Today, the average trading volume of TEAM was 1.06M shares.
TEAM’s Market Performance
TEAM stocks went up by 2.02% for the week, with a monthly jump of 15.22% and a quarterly performance of 58.42%, while its annual performance rate touched 130.63%. The volatility ratio for the week stands at 2.22% while the volatility levels for the past 30 days are set at 2.36% for Atlassian Corporation Plc. The simple moving average for the period of the last 20 days is 7.84% for TEAM stocks with a simple moving average of 52.81% for the last 200 days.
Analysts’ Opinion of TEAM
Many brokerage firms have already submitted their reports for TEAM stocks, with Wolfe Research repeating the rating for TEAM by listing it as a “Outperform.” The predicted price for TEAM in the upcoming period, according to Wolfe Research is $400 based on the research report published on August 30th of the current year 2021.
Cowen, on the other hand, stated in their research note that they expect to see TEAM reach a price target of $260. The rating they have provided for TEAM stocks is “Market Perform” according to the report published on July 22nd, 2021.
Wells Fargo gave a rating of “Overweight” to TEAM, setting the target price at $270 in the report published on April 14th of the current year.
TEAM Trading at 22.19% from the 50-Day Moving Average
After a stumble in the market that brought TEAM to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.49% of gains for the given period.
Volatility was left at 2.36%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares surge +16.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +48.21% upper at present.
During the last 5 trading sessions, TEAM rose by +2.02%, which changed the moving average for the period of 200-days by +79.98% in comparison to the 20-day moving average, which settled at $363.84. In addition, Atlassian Corporation Plc saw 66.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TEAM
Current profitability levels for the company are sitting at:
- +3.24 for the present operating margin
- +83.40 for the gross margin
The net margin for Atlassian Corporation Plc stands at -33.33. The total capital return value is set at 5.15, while invested capital returns managed to touch -105.97. Equity return is now at value -178.00, with -20.10 for asset returns.
Based on Atlassian Corporation Plc (TEAM), the company’s capital structure generated 205.26 points at debt to equity in total, while total debt to capital is 67.24. Total debt to assets is 20.55, with long-term debt to equity ratio resting at 72.60. Finally, the long-term debt to capital ratio is 23.78.
When we switch over and look at the enterprise to sales, we see a ratio of 30.40, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 13.41 and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.