Atricure Inc [ATRC] stock is trading at $34.08, up 1.61%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ATRC shares have gain 2.47% over the last week, with a monthly amount drifted -1.65%, 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.
Atricure Inc [ATRC] stock has fluctuated between $18.94 and $43.11 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 $34.08 at the most recent close of the market. An investor can expect a potential return of 45.45% based on the average ATRC price forecast.
Analyzing the ATRC fundamentals
Atricure Inc [NASDAQ:ATRC] reported sales of 480.08M for the trailing twelve months, which represents a growth of 13.57%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.08 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 33.53 points at the first support level, and at 32.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.40, and for the 2nd resistance point, it is at 34.71.
Ratios To Look Out For
For context, Atricure Inc’s Current Ratio is 4.11. Also, the Quick Ratio is 2.88, while the Cash Ratio stands at 1.63. Considering the valuation of this stock, the price to sales ratio is 3.51, the price to book ratio is 3.71.
Transactions by insiders
Recent insider trading involved VINAYAK DORAISWAMY, Officer, that happened on May 28 ’25 when 2500.0 shares were purchased. Director, Prange Karen completed a deal on Mar 05 ’25 to sell 6100.0 shares. Meanwhile, Director Prange Karen bought 6100.0 shares on Mar 05 ’25.
