Atlassian Corporation (NASDAQ: TEAM) kicked off on Tuesday, up 0.47% from the previous trading day, before settling in for the closing price of $261.00. Over the past 52 weeks, TEAM has traded in a range of $135.29-$269.40.
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Annual sales at Technology sector company grew by 29.28% over the past five years. While this was happening, its average annual earnings per share was recorded 10.92%. With a float of $155.87 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 81.38%, operating margin of -2.77%, and the pretax margin is -2.29%.
Atlassian Corporation (TEAM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Atlassian Corporation is 40.38%, while institutional ownership is 51.35%. The most recent insider transaction that took place on Nov 25 ’24, was worth 2,099,863. In this transaction Director of this company sold 7,948 shares at a rate of $264.20, taking the stock ownership to the 190,752 shares. Before that another transaction happened on Nov 25 ’24, when Company’s CEO, Co-Founder sold 7,948 for $264.20, making the entire transaction worth $2,099,869. This insider now owns 190,752 shares in total.
Atlassian Corporation (TEAM) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.73 earnings per share (EPS), higher than consensus estimate (set at 0.63) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.92% 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
Take a look at Atlassian Corporation’s (TEAM) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.01. Likewise, its price to free cash flow for the trailing twelve months is 51.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 4.05 in one year’s time.
Technical Analysis of Atlassian Corporation (TEAM)
Atlassian Corporation (NASDAQ: TEAM) saw its 5-day average volume 1.97 million, a positive change from its year-to-date volume of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 82.89%. Additionally, its Average True Range was 8.36.
During the past 100 days, Atlassian Corporation’s (TEAM) raw stochastic average was set at 94.65%, which indicates a significant increase from 83.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.15% in the past 14 days, which was lower than the 52.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $200.51, while its 200-day Moving Average is $184.30. Nevertheless, the first resistance level for the watch stands at $264.50 in the near term. At $266.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $268.92. If the price goes on to break the first support level at $260.08, it is likely to go to the next support level at $257.94. Assuming the price breaks the second support level, the third support level stands at $255.66.
Atlassian Corporation (NASDAQ: TEAM) Key Stats
The company with the Market Capitalisation of 68.56 billion has total of 260,433K Shares Outstanding. Its annual sales at the moment are 4,359 M in contrast with the sum of -300,520 K annual income. Company’s last quarter sales were recorded 1,188 M and last quarter income was -123,770 K.
