The stock has a 36-month beta value of 0.82. Opinions on the stock are mixed, with 14 analysts rating it as a “buy,” 6 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for TEAM is 156.21M, and at present, short sellers hold a 1.64% of that float. On December 26, 2024, the average trading volume of TEAM was 2.15M shares.
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TEAM) stock’s latest price update
The stock of Atlassian Corporation (NASDAQ: TEAM) has increased by 2.42 when compared to last closing price of 251.40.Despite this, the company has seen a loss of -4.56% in its stock price over the last five trading days. fool.com reported 2024-12-24 that The software space has generally been a great place to look for winning stocks over the past decade or so. But some investors are unaware of many of the software stocks out there.
TEAM’s Market Performance
Atlassian Corporation (TEAM) has seen a -4.56% fall in stock performance for the week, with a -1.19% decline in the past month and a 59.04% surge in the past quarter. The volatility ratio for the week is 4.66%, and the volatility levels for the past 30 days are at 3.33% for TEAM. The simple moving average for the last 20 days is -3.79% for TEAM’s stock, with a simple moving average of 35.45% for the last 200 days.
Analysts’ Opinion of TEAM
Many brokerage firms have already submitted their reports for TEAM stocks, with Macquarie repeating the rating for TEAM by listing it as a “Neutral.” The predicted price for TEAM in the upcoming period, according to Macquarie is $290 based on the research report published on December 12, 2024 of the current year 2024.
KeyBanc Capital Markets, 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 “Overweight” according to the report published on November 01st, 2024.
BMO Capital Markets gave a rating of “Market Perform” to TEAM, setting the target price at $255 in the report published on November 01st of the current year.
TEAM Trading at 7.92% 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 unable to rebound, for now settling with -10.58% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 4.66%, as shares sank -1.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.73% upper at present.
During the last 5 trading sessions, TEAM fell by -4.56%, which changed the moving average for the period of 200-days by +19.41% in comparison to the 20-day moving average, which settled at $267.64. In addition, Atlassian Corporation saw 8.25% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TEAM starting from BHARADWAJ ANUTTHARA, who sale 1,520 shares at the price of $254.76 back on Dec 20 ’24. After this action, BHARADWAJ ANUTTHARA now owns 211,991 shares of Atlassian Corporation, valued at $387,239 using the latest closing price.
Cannon-Brookes Michael, the CEO, Co-Founder of Atlassian Corporation, sale 7,948 shares at $255.22 during a trade that took place back on Dec 20 ’24, which means that Cannon-Brookes Michael is holding 47,688 shares at $2,028,513 based on the most recent closing price.
Stock Fundamentals for TEAM
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.81 for the gross margin
The net margin for Atlassian Corporation stands at -0.09. The total capital return value is set at -0.05. Equity return is now at value -43.52, with -8.65 for asset returns.
Based on Atlassian Corporation (TEAM), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 1.32. The debt to equity ratio resting at 1.0. The interest coverage ratio of the stock is -3.91.
Currently, EBITDA for the company is 57.35 million with net debt to EBITDA at 232.14. When we switch over and look at the enterprise to sales, we see a ratio of 14.56. The receivables turnover for the company is 9.44for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
To sum up, Atlassian Corporation (TEAM) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.