Currently, Atricure Inc [ATRC] is trading at $31.31, down -4.89%. An important factor to consider is whether the stock is rising or falling in short-term value. The ATRC shares have lost -1.63% over the last week, with a monthly amount drifted -13.63%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Oppenheimer upgraded its rating to Outperform on April 23, 2024, and kept the price target unchanged to $32. On October 23, 2023, JMP Securities initiated with a Mkt Outperform rating and assigned a price target of $60 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $56 on September 29, 2023. Oppenheimer downgraded its rating to a Perform. Needham reiterated a Buy rating for this stock on December 18, 2020, and upped its price target to $63. In a note dated November 06, 2020, Needham reiterated an Buy rating on this stock and revised its target price from $63 to $53.
This stock has fluctuated between a low of $18.94 and a high of $43.11 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $49.57 within the next 12 months. Atricure Inc [NASDAQ: ATRC] shares were valued at $31.31 at the most recent close of the market. An investor can expect a potential return of 58.32% based on the average ATRC price forecast.
Analyzing the ATRC fundamentals
Trailing Twelve Months sales for Atricure Inc [NASDAQ:ATRC] were 465.31M which represents 16.64% growth. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.1 and Total Capital is -0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.
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 30.53 points at the first support level, and at 29.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.12, and for the 2nd resistance point, it is at 32.93.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Atricure Inc [NASDAQ:ATRC] is 3.65. On the other hand, the Quick Ratio is 2.62, and the Cash Ratio is 1.67. Considering the valuation of this stock, the price to sales ratio is 3.29, the price to book ratio is 3.32.
Transactions by insiders
Recent insider trading involved Prange Karen, Director, that happened on Mar 05 ’25 when 6100.0 shares were sold. Director, Prange Karen completed a deal on Mar 05 ’25 to buy 6100.0 shares. Meanwhile, Director Yuen Maggie sold 3500.0 shares on Aug 15 ’24.
