On Tuesday, Atlassian Corporation (NASDAQ: TEAM) was 0.54% up from the session before settling in for the closing price of $192.83. A 52-week range for TEAM has been $135.29 – $258.69.
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Annual sales at Technology sector company grew by 29.28% over the past five years. When this article was written, the company’s average yearly earnings per share was at 7.35%. With a float of $155.09 million, this company’s outstanding shares have now reached $159.54 million.
Let’s look at the performance matrix of the company that is accounted for 12157 employees. In terms of profitability, gross margin is 81.4%, operating margin of -2.61%, and the pretax margin is -1.96%.
Atlassian Corporation (TEAM) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Atlassian Corporation stocks. The insider ownership of Atlassian Corporation is 40.35%, while institutional ownership is 52.74%. The most recent insider transaction that took place on Oct 21 ’24, was worth 1,527,435. In this transaction CEO, Co-Founder of this company sold 7,948 shares at a rate of $192.18, taking the stock ownership to the 389,452 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Director sold 7,948 for $192.18, making the entire transaction worth $1,527,435. This insider now owns 389,452 shares in total.
Atlassian Corporation (TEAM) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.65 earnings per share (EPS) during the time that was better than consensus figure (set at 0.53) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.30% during the next five years compared to 15.38% growth over the previous five years of trading.
Atlassian Corporation (NASDAQ: TEAM) Trading Performance Indicators
You can see what Atlassian Corporation (TEAM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.57. Likewise, its price to free cash flow for the trailing twelve months is 35.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit 0.64 in the next quarter and is forecasted to reach 4.01 in one year’s time.
Technical Analysis of Atlassian Corporation (TEAM)
Atlassian Corporation (NASDAQ: TEAM) saw its 5-day average volume 1.52 million, a negative change from its year-to-date volume of 1.78 million. As of the previous 9 days, the stock’s Stochastic %D was 87.12%. Additionally, its Average True Range was 5.97.
During the past 100 days, Atlassian Corporation’s (TEAM) raw stochastic average was set at 96.10%, which indicates a significant increase from 93.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.97% in the past 14 days, which was lower than the 45.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $166.52, while its 200-day Moving Average is $185.34. Nevertheless, the first resistance level for the watch stands at $196.43 in the near term. At $198.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $202.03. If the price goes on to break the first support level at $190.83, it is likely to go to the next support level at $187.79. Assuming the price breaks the second support level, the third support level stands at $185.23.
Atlassian Corporation (NASDAQ: TEAM) Key Stats
There are 260,298K outstanding shares of the company, which has a market capitalization of 50.41 billion. As of now, sales total 4,359 M while income totals -300,520 K. Its latest quarter income was 1,132 M while its last quarter net income were -196,920 K.
