Atlassian Corporation (TEAM) Performance and Fundamentals Dashboard tells a completely different story

With 1.47 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.04 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $249.92 whereas the lowest price it dropped to was $241.82. The 52-week range on TEAM shows that it touched its highest point at $258.69 and its lowest point at $135.29 during that stretch. It currently has a 1-year price target of $254.41. Beta for the stock currently stands at 0.75.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TEAM was down-trending over the past week, with a drop of -2.90%, but this was up by 26.61% over a month. Three-month performance surged to 57.47% while six-month performance rose 40.42%. The stock gained 31.89% in the past year, while it has gained 3.19% so far this year. A look at the trailing 12-month EPS for TEAM yields -1.51 with Next year EPS estimates of 4.05. For the next quarter, that number is 0.75. This implies an EPS growth rate of 10.92% for this year and 24.62% for next year. EPS is expected to grow by 25.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 15.38%.

Float and Shares Shorts:

At present, 159.54 million TEAM shares are outstanding with a float of 155.82 million shares on hand for trading. On 2024-10-31, short shares totaled 3.32 million, which was 128.0 higher than short shares on 1727654400. In addition to Mr. Michael Cannon-Brookes as the firm’s Co-Founder, CEO & Director, Ms. Anutthara Bharadwaj serves as its President.

Institutional Ownership:

Through their ownership of 0.90870005 of TEAM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, TEAM reported revenue of $1187781000.0 and operating income of -$31978000.0. The EBITDA in the recently reported quarter was -$19000.0 and diluted EPS was -$0.48.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TEAM since 15 analysts follow the stock currently. There are 12 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TEAM analysts setting a high price target of 420.0 and a low target of 180.0, the average target price over the next 12 months is 257.21292. Based on these targets, TEAM could surge 71.11% to reach the target high and fall by -26.67% to reach the target low. Reaching the average price target will result in a growth of 4.79% from current levels.

Analysts have provided yearly estimates in a range of $3.03194 being high and $2.75269 being low. For TEAM, this leads to a yearly average estimate of $2.85242. The surprise factor in the prior quarter was $0.6. Based on analyst estimates, the high estimate for the next quarter is $1.05 and the low estimate is $0.79. The average estimate for the next quarter is thus $0.87.