Atlanticus Holdings Corp [ATLC] stock is trading at $58.61, down -1.68%. 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 ATLC shares have gain 9.57% over the last week, with a monthly amount drifted -1.99%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Atlanticus Holdings Corp [NASDAQ: ATLC] stock has seen the most recent analyst activity on November 13, 2024, when Stephens initiated its Overweight rating and assigned the stock a price target of $54. Previously, BTIG Research started tracking the stock with Buy rating on June 07, 2024, and set its price target to $45. On May 22, 2024, Keefe Bruyette initiated with a Mkt Perform rating and assigned a price target of $33 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $50 on June 16, 2023. JMP Securities started tracking with a Mkt Outperform rating for this stock on September 21, 2021, and assigned it a price target of $82. In a note dated June 14, 2021, B. Riley Securities initiated an Buy rating and provided a target price of $60 on this stock.
Atlanticus Holdings Corp [ATLC] stock has fluctuated between $23.09 and $64.70 over the past year. Currently, Wall Street analysts expect the stock to reach $43.5 within the next 12 months. Atlanticus Holdings Corp [NASDAQ: ATLC] shares were valued at $58.61 at the most recent close of the market. An investor can expect a potential drop of -25.78% based on the average ATLC price forecast.
Analyzing the ATLC fundamentals
Atlanticus Holdings Corp [NASDAQ:ATLC] reported sales of 1.27B for the trailing twelve months, which represents a growth of 19.10%. Gross Profit Margin for this corporation currently stands at 0.92% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.21 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.04.
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 57.73 points at the first support level, and at 56.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.19, and for the 2nd resistance point, it is at 61.77.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 1.89 and price to earnings (TTM) ratio is 13.17.
Transactions by insiders
Recent insider trading involved Saunders Mitchell, Chief Accounting Officer, that happened on Nov 22 ’24 when 16004.0 shares were sold. Officer, Saunders Mitchell completed a deal on Nov 22 ’24 to buy 16004.0 shares. Meanwhile, Director HUDSON DEAL W sold 613.0 shares on Nov 15 ’24.
