The stock of Atlassian Corporation (TEAM) has seen a 0.46% increase in the past week, with a -12.21% drop in the past month, and a 45.51% flourish in the past quarter. The volatility ratio for the week is 3.82%, and the volatility levels for the past 30 days are at 3.46% for TEAM. The simple moving average for the past 20 days is -5.03% for TEAM’s stock, with a 27.16% simple moving average for the past 200 days.
Is It Worth Investing in Atlassian Corporation (NASDAQ: TEAM) Right Now?
The 36-month beta value for TEAM is at 0.85. Analysts have varying views on the stock, with 14 analysts rating it as a “buy,” 6 rating it as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for TEAM is 155.35M, and currently, shorts hold a 1.65% of that float. The average trading volume for TEAM on January 10, 2025 was 2.15M shares.
TEAM) stock’s latest price update
Atlassian Corporation (NASDAQ: TEAM) has seen a decline in its stock price by -1.36 in relation to its previous close of 247.85. However, the company has experienced a 0.46% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-01-09 that TEAM Anywhere/SAN FRANCISCO–(BUSINESS WIRE)–Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced that it will release financial results for its second quarter of fiscal year 2025 ended December 31, 2024 after market close on Thursday, January 30, 2025. Atlassian will host a conference call to discuss the financial results at 2:00 P.M. Pacific Time. In conjunction with its earnings press release, Atlassian will post a shareho.
Analysts’ Opinion of TEAM
Many brokerage firms have already submitted their reports for TEAM stocks, with Truist repeating the rating for TEAM by listing it as a “Buy.” The predicted price for TEAM in the upcoming period, according to Truist is $300 based on the research report published on January 07, 2025 of the current year 2025.
Macquarie, on the other hand, stated in their research note that they expect to see TEAM reach a price target of $290. The rating they have provided for TEAM stocks is “Neutral” according to the report published on December 12th, 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to TEAM, setting the target price at $260 in the report published on November 01st of the previous year.
TEAM Trading at -1.81% 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 -15.10% of loss for the given period.
Volatility was left at 3.46%, however, over the last 30 days, the volatility rate increased by 3.82%, as shares sank -10.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.54% upper at present.
During the last 5 trading sessions, TEAM rose by +0.46%, which changed the moving average for the period of 200-days by +26.99% in comparison to the 20-day moving average, which settled at $257.44. In addition, Atlassian Corporation saw 0.46% 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 Cannon-Brookes Michael, who sale 7,948 shares at the price of $243.35 back on Jan 08 ’25. After this action, Cannon-Brookes Michael now owns 445,088 shares of Atlassian Corporation, valued at $1,934,185 using the latest closing price.
Farquhar Scott, the Director of Atlassian Corporation, sale 7,948 shares at $243.35 during a trade that took place back on Jan 08 ’25, which means that Farquhar Scott is holding 445,088 shares at $1,934,184 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 13.81. 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
In conclusion, Atlassian Corporation (TEAM) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
