Atlassian Cls A Ord (NASDAQ:TEAM) shares traded -0.27% down during most recent session to reach at the closing price of $125.88. The stock exchanged hands 1.07 Million shares versus average trading capacity of 1.79 Million shares, yielding a market cap of $29.82 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $117.2 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Atlassian Cls A Ord (NASDAQ:TEAM) high price target of $130 and with a conservative view have low price target of $93.
“Downgrades” Atlassian Cls A Ord (NASDAQ:TEAM) in a research note issued to investors on 5/29/19 to Neutral.
Additionally on 5/23/19 “Upgrades” Atlassian Cls A Ord (NASDAQ:TEAM) to Equal-Weight setting price target at $145 and on 5/09/19 “Upgrades” the stock to Buy at $125. Furthermore on 4/11/19 “Maintained” the stock to Outperform at $120.
On the other hand the company has Relative Strength Index (RSI 14) of 56.13 along with Average True Range (ATR 14) of 4.43, Consequently Atlassian Cls A Ord (NASDAQ:TEAM)’s weekly and monthly volatility is 3.05%, 3.70% respectively. The company’s beta value is at 1.53.
In terms of Buy, Sell or Hold recommendations, Atlassian Cls A Ord (NASDAQ:TEAM) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Atlassian Cls A Ord (NASDAQ:TEAM)’s minimum EPS for the current quarter is at $0.15 and can go high up to $0.16. The consensus mean EPS for the current quarter is at $0.16 derived from a total of 19 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.13 earnings per share for the same quarter during last year.
Previously Atlassian Cls A Ord (NASDAQ:TEAM) reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The company posted an earnings surprise of 16.7%.
Atlassian Cls A Ord (NASDAQ:TEAM)’s revenue estimates for the current quarter are $330.6 Million according to 18 number of analysts, for the current quarter the company has high revenue estimates of $331.8 Million in contradiction of low revenue estimates of $330 Million. For the current year the company’s revenue estimates are $1.21 Billion compared to low analyst estimates of $1.21 Billion and high estimates of $1.21 Billion according to 19 number of analysts.
Currently Atlassian Cls A Ord (NASDAQ:TEAM)’s shares owned by insiders are 1.11%, whereas shares owned by institutional owners are 87.3%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 1.2%.
Atlassian Cls A Ord (NASDAQ:TEAM)’s trailing twelve month revenues are $1.12 Billion, whereas its price to sales ratio for the same period is 26.64. Its book value per share for the most recent quarter is $2.9 while its price to book ratio for the same period is 43.41, as for as the company’s cash per share for the most recent quarter is $7.49, however its price to cash per share ratio for the same period is 16.81. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.