Atlassian Corporation Plc [TEAM] has traded in a range of $110.01 to $234.44 in the last 1 year. As of this writing, the stock is at $228.07, up 1.36%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, TEAM shares are 0.45% up with the monthly amount drift of 19.17% and seems well in a long time frame.
On 29, October 2020, Atlassian Announces First Quarter Fiscal Year 2021 Results. According to news published on Yahoo Finance, Quarterly revenue of $459.5 million, growth of 26% year-over-year.
Analyst Birdseye View:
The most recent analyst activity for Atlassian Corporation Plc [NASDAQ:TEAM] stock was on October 30, 2020, when it was Downgrade with a Hold rating from Truist. Before that, on October 30, 2020, Canaccord Genuity Recapitulated a Buy rating and elevated its amount target to $255. On September 16, 2020, Piper Sandler Initiated an Overweight rating and boosted its price target on this stock to $212. On May 15, 2020, Citigroup Initiated a Buy rating and increased its price target to $252. On January 28, 2020, Wells Fargo Initiated an Overweight rating. On January 27, 2020, Wells Fargo Initiated an Overweight rating. On January 24, 2020, Canaccord Genuity Reiterated a Buy rating and boosted its target amount on this stock from $150 to $165. On January 24, 2020, BMO Capital Markets Reiterated a Market perform rating and improved its amount target to $165.
In the past 52 weeks of trading, this stock has oscillated between a low of $110.01 and a peak of $234.44. Right now, the middling Wall Street analyst 12-month amount mark is $222.50. At the most recent market close, shares of Atlassian Corporation Plc [NASDAQ:TEAM] were valued at $228.07. According to the average price forecast, investors can expect a potential return of 2.85%.
Atlassian Corporation Plc [NASDAQ:TEAM] most recently reported quarterly sales of 459.51 billion, which represented growth of 26.40%. This publicly-traded organization’s revenue is $328,953 per employee, while its income is -$71,460 per employee. This company’s Gross Margin is currently 83.60%, its Operating Margin is 1.80%, its Pretax Margin is -21.45, and its Net Margin is -21.72. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -10.21, -61.48, 1.77 and -51.17 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 66.73 and the whole liability to whole assets at 29.63. It shows enduring liability to the whole principal at 13.29 and enduring liability to assets at 0.06 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 223.27 points at 1st support level, the second support level is making up to 221.52. But as of 1st resistance point, this stock is sitting at 228.17 and at 231.32 for 2nd resistance point.
Atlassian Corporation Plc [TEAM] reported its earnings at $0.3 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.27/share signifying the difference of 0.03 and 11.10% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.25 calling estimates for $0.21/share with the difference of 0.04 depicting the surprise of 19.00%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Atlassian Corporation Plc [NASDAQ:TEAM] is 0.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.71. Now if looking for a valuation of this stock’s amount to sales ratio it’s 27.34 and it’s amount to book ratio is 77.54.