In the past week, TEAM stock has gone up by 6.45%, with a monthly gain of 5.94% and a quarterly surge of 38.03%. The volatility ratio for the week is 2.58%, and the volatility levels for the last 30 days are 3.06% for Atlassian Corporation The simple moving average for the last 20 days is 6.29% for TEAM’s stock, with a simple moving average of 36.60% for the last 200 days.
Is It Worth Investing in Atlassian Corporation (NASDAQ: TEAM) Right Now?
Moreover, the 36-month beta value for TEAM is 0.85. Analysts have varying opinions on the stock, with 14 analysts rating it as a “buy,” 7 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for TEAM is 155.49M and currently, short sellers hold a 2.68% of that float. On January 23, 2025, TEAM’s average trading volume was 2.10M shares.
TEAM) stock’s latest price update
Atlassian Corporation (NASDAQ: TEAM) has experienced a rise in its stock price by 2.04 compared to its previous closing price of 260.85. However, the company has seen a gain of 6.45% in its stock price over the last five trading days. globenewswire.com reported 2025-01-16 that In 2024, Fred’s Team runners and donors brought in $8,529,723 to accelerate life-changing cancer research at Memorial Sloan Kettering Cancer Center. In 2024, Fred’s Team runners and donors brought in $8,529,723 to accelerate life-changing cancer research at Memorial Sloan Kettering Cancer Center.
Analysts’ Opinion of TEAM
Many brokerage firms have already submitted their reports for TEAM stocks, with Cantor Fitzgerald repeating the rating for TEAM by listing it as a “Neutral.” The predicted price for TEAM in the upcoming period, according to Cantor Fitzgerald is $264 based on the research report published on January 17, 2025 of the current year 2025.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see TEAM reach a price target of $292, previously predicting the price at $255. The rating they have provided for TEAM stocks is “Outperform” according to the report published on January 10th, 2025.
Truist gave a rating of “Buy” to TEAM, setting the target price at $300 in the report published on January 07th of the current year.
TEAM Trading at 3.72% 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 -7.57% of loss for the given period.
Volatility was left at 3.06%, however, over the last 30 days, the volatility rate increased by 2.58%, as shares surge +3.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.69% upper at present.
During the last 5 trading sessions, TEAM rose by +6.38%, which changed the moving average for the period of 200-days by +35.28% in comparison to the 20-day moving average, which settled at $250.40. In addition, Atlassian Corporation saw 9.36% 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 Farquhar Scott, who sale 7,948 shares at the price of $255.71 back on Jan 21 ’25. After this action, Farquhar Scott now owns 381,504 shares of Atlassian Corporation, valued at $2,032,364 using the latest closing price.
Cannon-Brookes Michael, the CEO, Co-Founder of Atlassian Corporation, sale 7,948 shares at $255.71 during a trade that took place back on Jan 21 ’25, which means that Cannon-Brookes Michael is holding 381,504 shares at $2,032,365 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 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 1.1. The debt to equity ratio resting at 1.21. 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 15.02. 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 wrap up, the performance of Atlassian Corporation (TEAM) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
