A share price of Alphatec Holdings Inc [ATEC] is currently trading at $6.90, up 0.73%. An important factor to consider is whether the stock is rising or falling in short-term value. The ATEC shares have gain 20.21% over the last week, with a monthly amount glided 3.92%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Alphatec Holdings Inc [NASDAQ: ATEC] stock has seen the most recent analyst activity on August 01, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight. Previously, Barclays started tracking the stock with Overweight rating on July 08, 2024, and set its price target to $19. On February 09, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $26 on the stock. Needham reiterated its Buy rating and increased its price target to $18 on December 19, 2023. ROTH MKM initiated its recommendation with a Buy and recommended $22 as its price target on October 20, 2023. Jefferies started tracking with a Buy rating for this stock on October 12, 2022, and assigned it a price target of $12. In a note dated September 12, 2022, Morgan Stanley initiated an Overweight rating and provided a target price of $13 on this stock.
Alphatec Holdings Inc experienced fluctuations in its stock price throughout the past year between $5.57 and $17.34. Currently, Wall Street analysts expect the stock to reach $16.93 within the next 12 months. Alphatec Holdings Inc [NASDAQ: ATEC] shares were valued at $6.90 at the most recent close of the market. An investor can expect a potential return of 145.36% based on the average ATEC price forecast.
Analyzing the ATEC fundamentals
Trailing Twelve Months sales for Alphatec Holdings Inc [NASDAQ:ATEC] were 540.28M which represents 24.51% growth. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.34%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -4.54 and Total Capital is -0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 12.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.74 points at the first support level, and at 6.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.04, and for the 2nd resistance point, it is at 7.17.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alphatec Holdings Inc [NASDAQ:ATEC] is 2.22. On the other hand, the Quick Ratio is 1.21, and the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 1.79, the price to book ratio is 57.67.
Transactions by insiders
Recent insider trading involved Bakst Evan, Director, that happened on Aug 23 ’24 when 35000.0 shares were purchased. Director, Pelizzon David R completed a deal on Aug 23 ’24 to buy 16978.0 shares. Meanwhile, Director Pelizzon David R bought 8818.0 shares on Aug 22 ’24.
