Atricure Inc [ATRC] stock prices are up 0.10% to $29.05 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ATRC shares have gain 6.41% over the last week, with a monthly amount glided 19.30%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Atricure Inc [NASDAQ: ATRC] stock has seen the most recent analyst activity on April 23, 2024, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $32 for it. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on October 23, 2023, and set its price target to $60. On September 29, 2023, UBS initiated with a Buy rating and assigned a price target of $56 on the stock. Oppenheimer downgraded its rating to a Perform. Needham reiterated its recommendation of a Buy and raised its price target to $63 on December 18, 2020. Needham reiterated a Buy rating for this stock on November 06, 2020, and downed its price target to $53. In a note dated April 07, 2020, Oppenheimer initiated an Outperform rating and provided a target price of $45 on this stock.
The stock price of Atricure Inc [ATRC] has been fluctuating between $18.94 and $44.64 over the past year. Currently, Wall Street analysts expect the stock to reach $49.57 within the next 12 months. Atricure Inc [NASDAQ: ATRC] shares were valued at $29.05 at the most recent close of the market. An investor can expect a potential return of 70.64% based on the average ATRC price forecast.
Analyzing the ATRC fundamentals
The Atricure Inc [NASDAQ:ATRC] reported sales of 429.95M for trailing twelve months, representing a surge of 15.21%. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.09 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
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 28.71 points at the first support level, and at 28.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.51, and for the 2nd resistance point, it is at 29.97.
Ratios To Look Out For
It’s worth pointing out that Atricure Inc [NASDAQ:ATRC]’s Current Ratio is 4.13. On the other hand, the Quick Ratio is 2.93, and the Cash Ratio is 1.73. Considering the valuation of this stock, the price to sales ratio is 3.29, the price to book ratio is 3.06.
Transactions by insiders
Recent insider trading involved Yuen Maggie, Director, that happened on Aug 15 ’24 when 3500.0 shares were sold. Director, Yuen Maggie completed a deal on Aug 15 ’24 to buy 3500.0 shares. Meanwhile, Chief Technical Officer Privitera Salvatore bought 5000.0 shares on May 30 ’24.
