At the time of writing, Alphatec Holdings Inc [ATEC] stock is trading at $10.88, up 9.13%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ATEC shares have gain 16.12% over the last week, with a monthly amount glided 12.75%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Alphatec Holdings Inc fluctuated between $4.88 and $17.34. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Alphatec Holdings Inc [NASDAQ: ATEC] shares were valued at $10.88 at the most recent close of the market. An investor can expect a potential return of 37.87% based on the average ATEC price forecast.
Analyzing the ATEC fundamentals
According to Alphatec Holdings Inc [NASDAQ:ATEC], the company’s sales were 572.74M for trailing twelve months, which represents an 27.44% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-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 10.11 points at the first support level, and at 9.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.54, and for the 2nd resistance point, it is at 12.21.
Ratios To Look Out For
It is important to note that Alphatec Holdings Inc [NASDAQ:ATEC] has a current ratio of 2.32. As well, the Quick Ratio is 1.15, while the Cash Ratio is 0.52. Considering the valuation of this stock, the price to sales ratio is 2.69.
Transactions by insiders
Recent insider trading involved Sponsel David, EVP, SALES, that happened on Dec 11 ’24 when 62018.0 shares were sold. Officer, DAVID SPONSEL completed a deal on Dec 11 ’24 to buy 0.12 million shares. Meanwhile, CEO Miles Patrick sold 50000.0 shares on Nov 21 ’24.
