A share price of Alphatec Holdings Inc [ATEC] is currently trading at $10.06, down -1.47%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATEC shares have gain 22.24% over the last week, with a monthly amount glided 92.35%, 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 $4.88 and $17.34. Currently, Wall Street analysts expect the stock to reach $16.94 within the next 12 months. Alphatec Holdings Inc [NASDAQ: ATEC] shares were valued at $10.06 at the most recent close of the market. An investor can expect a potential return of 68.39% based on the average ATEC price forecast.
Analyzing the ATEC fundamentals
Trailing Twelve Months sales for Alphatec Holdings Inc [NASDAQ:ATEC] were 572.74M which represents 27.44% growth. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at -0.24%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -3.52 and Total Capital is -0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -392.59.
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 9.89 points at the first support level, and at 9.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.32, and for the 2nd resistance point, it is at 10.57.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alphatec Holdings Inc [NASDAQ:ATEC] is 2.32. Further, the Quick Ratio stands at 1.15, while the Cash Ratio is 0.52. Considering the valuation of this stock, the price to sales ratio is 2.45.
Transactions by insiders
Recent insider trading involved Miles Patrick, CEO, that happened on Nov 21 ’24 when 50000.0 shares were sold. CEO, Miles Patrick completed a deal on Nov 20 ’24 to sell 50000.0 shares. Meanwhile, Director PATRICK MILES bought 100000.0 shares on Nov 20 ’24.
