Atlassian Corporation (NASDAQ:TEAM) currently has a daily average trading volume of 1.95M but it saw 1340761 shares traded in last market. With a market cap of 49.08B USD, the company’s current market price of $188.76 came falling about -2.64 while comparing to the previous closing price of $193.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $258.69 and as low as $135.29. In the recent trading on the day, stock has struck highest price mark of $186.99 while lowest mark touched by it was $192.8599.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which upgraded the stock as “Outperform” in its note to investors issued on October 01, 2024, recommending a price target of $200 for it. Goldman upgraded its recommendation for the stock as a “Buy” from “Neutral” on August 02, 2024 while assigning a price target range of $200-$230. Robert W. Baird issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $230 and $175.
Over the week, TEAM’s stock price is moving -0.31% down while it is 16.07% when we observe its performance for the past one month. Year-to-date it is -20.64% down and over the past year, the stock is showing an upside performance of 1.51%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.65 beat the consensus estimate of 0.53 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0.64 while estimate for next year EPS is 3.18. In next quarter, company is expected to be making quarterly sales of $1.23B as analysts are expecting the sales for current fiscal year at $5.07B and seeing the company making $6.08B in sales next year. Moreover, analysts are in estimates of $1.15B for current-quarter revenue.
Currently, Atlassian Corporation’s total number of outstanding shares is 159.54M. Company’s return on investment (ROI) stands at -13.46% and return on equity (ROE) at -35.62%. It has a 47.12 of forward P/E ratio. Stock’s beta reads 0.74. Stock has a price to book (P/B) ratio of 47.62 while price to sale or P/S ratio amounts to 11.26. Its return on asset (ROA) is -6.45% on average.
