Is Atlassian Corp Stock a Good Investment?
Atlassian Corp Investment Advice | TEAM |
- Examine Atlassian Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Atlassian Corp's leadership team and their track record. Good management can help Atlassian Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Atlassian Corp's business and its evolving consumer preferences.
- Compare Atlassian Corp's performance and market position to its competitors. Analyze how Atlassian Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Atlassian Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Atlassian Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Atlassian Corp Plc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Atlassian Corp Plc is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Atlassian Corp Stock
Researching Atlassian Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 1.52. Atlassian Corp Plc had not issued any dividends in recent years. The entity had 9:8 split on the March 5, 2012.
To determine if Atlassian Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Atlassian Corp's research are outlined below:
| Atlassian Corp Plc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 4.36 B. Net Loss for the year was (300.52 M) with profit before overhead, payroll, taxes, and interest of 2.91 B. | |
| Atlassian Corp Plc has a poor financial position based on the latest SEC disclosures | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from aol.com: Trump team signs formal transition agreement with Biden White House after delays |
Atlassian Corp Quarterly Liabilities And Stockholders Equity |
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Atlassian Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Atlassian Corp Plc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Atlassian Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Atlassian Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Atlassian Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-07-27 | 2017-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2017-01-19 | 2016-12-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2016-05-05 | 2016-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2018-04-19 | 2018-03-31 | 0.08 | 0.1 | 0.02 | 25 | ||
2017-04-27 | 2017-03-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2020-10-29 | 2020-09-30 | 0.27 | 0.3 | 0.03 | 11 | ||
2019-04-17 | 2019-03-31 | 0.18 | 0.21 | 0.03 | 16 | ||
2017-10-19 | 2017-09-30 | 0.09 | 0.12 | 0.03 | 33 |
Know Atlassian Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Atlassian Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Atlassian Corp Plc backward and forwards among themselves. Atlassian Corp's institutional investor refers to the entity that pools money to purchase Atlassian Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Citadel Advisors Llc | 2024-09-30 | 2.9 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2.6 M | Jpmorgan Chase & Co | 2024-06-30 | 2.3 M | Fmr Inc | 2024-09-30 | 2.2 M | Geode Capital Management, Llc | 2024-09-30 | 2.1 M | First Trust Advisors L.p. | 2024-06-30 | 1.9 M | T. Rowe Price Investment Management,inc. | 2024-09-30 | 1.9 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.9 M | Srs Investment Management, Llc | 2024-09-30 | 1.8 M | Vanguard Group Inc | 2024-09-30 | 16.4 M | Blackrock Inc | 2024-06-30 | 10.8 M |
Atlassian Corp's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 68.29 B.Market Cap |
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Atlassian Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.08) | (0.09) | |
| Return On Capital Employed | (0.04) | (0.04) | |
| Return On Assets | (0.06) | (0.06) | |
| Return On Equity | (0.29) | (0.31) |
Determining Atlassian Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Atlassian Corp is a good buy. For example, gross profit margin measures Atlassian Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Atlassian Corp's profitability and make more informed investment decisions.
Atlassian Corp's Earnings Breakdown by Geography
Evaluate Atlassian Corp's management efficiency
Atlassian Corp Plc has return on total asset (ROA) of (0.0179) % which means that it has lost $0.0179 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4352) %, meaning that it created substantial loss on money invested by shareholders. Atlassian Corp's management efficiency ratios could be used to measure how well Atlassian Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to drop to -0.09. In addition to that, Return On Capital Employed is likely to grow to -0.04. At this time, Atlassian Corp's Total Assets are very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 2.2 B, while Other Current Assets are likely to drop about 58.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.99 | 4.19 | |
| Tangible Book Value Per Share | (2.14) | (2.03) | |
| Enterprise Value Over EBITDA | 789.18 | 492.20 | |
| Price Book Value Ratio | 44.72 | 50.50 | |
| Enterprise Value Multiple | 789.18 | 492.20 | |
| Price Fair Value | 44.72 | 50.50 | |
| Enterprise Value | 40.7 B | 24.4 B |
Evaluating the management effectiveness of Atlassian Corp allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Atlassian Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 0.711 |
Basic technical analysis of Atlassian Stock
As of the 28th of November, Atlassian Corp shows the Mean Deviation of 1.94, risk adjusted performance of 0.1919, and Downside Deviation of 1.65. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Atlassian Corp, as well as the relationship between them. Please confirm Atlassian Corp Plc treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Atlassian Corp Plc is priced correctly, providing market reflects its regular price of 262.46 per share. Given that Atlassian Corp has jensen alpha of 0.5677, we suggest you to validate Atlassian Corp Plc's prevailing market performance to make sure the company can sustain itself at a future point.Atlassian Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Atlassian Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Atlassian Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Atlassian Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Atlassian Corp's Outstanding Corporate Bonds
Atlassian Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Atlassian Corp Plc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Atlassian bonds can be classified according to their maturity, which is the date when Atlassian Corp Plc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Atlassian Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Atlassian Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1919 | |||
| Market Risk Adjusted Performance | 0.53 | |||
| Mean Deviation | 1.94 | |||
| Semi Deviation | 1.17 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 414.74 | |||
| Standard Deviation | 3.11 | |||
| Variance | 9.64 | |||
| Information Ratio | 0.1991 | |||
| Jensen Alpha | 0.5677 | |||
| Total Risk Alpha | 0.2496 | |||
| Sortino Ratio | 0.3755 | |||
| Treynor Ratio | 0.52 | |||
| Maximum Drawdown | 22.97 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.9 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 1.36 | |||
| Expected Short fall | (2.60) | |||
| Skewness | 3.18 | |||
| Kurtosis | 17.84 |
| Risk Adjusted Performance | 0.1919 | |||
| Market Risk Adjusted Performance | 0.53 | |||
| Mean Deviation | 1.94 | |||
| Semi Deviation | 1.17 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 414.74 | |||
| Standard Deviation | 3.11 | |||
| Variance | 9.64 | |||
| Information Ratio | 0.1991 | |||
| Jensen Alpha | 0.5677 | |||
| Total Risk Alpha | 0.2496 | |||
| Sortino Ratio | 0.3755 | |||
| Treynor Ratio | 0.52 | |||
| Maximum Drawdown | 22.97 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.9 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 1.36 | |||
| Expected Short fall | (2.60) | |||
| Skewness | 3.18 | |||
| Kurtosis | 17.84 |
Consider Atlassian Corp's intraday indicators
Atlassian Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Atlassian Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Atlassian Corp Corporate Filings
F4 | 26th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 13th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Atlassian Stock media impact
Far too much social signal, news, headlines, and media speculation about Atlassian Corp that are available to investors today. That information is available publicly through Atlassian media outlets and privately through word of mouth or via Atlassian internal channels. However, regardless of the origin, that massive amount of Atlassian data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Atlassian Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Atlassian Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Atlassian Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Atlassian Corp alpha.
Atlassian Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Atlassian Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Atlassian Corp Plc Historical Investor Sentiment
Investor biases related to Atlassian Corp's public news can be used to forecast risks associated with an investment in Atlassian. The trend in average sentiment can be used to explain how an investor holding Atlassian can time the market purely based on public headlines and social activities around Atlassian Corp Plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Atlassian Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Atlassian Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Atlassian Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Atlassian Corp.
Atlassian Corp Corporate Management
| Tiffany To | Senior Platform | Profile | |
| Erika Fisher | Chief Officer | Profile | |
| Robert Chatwani | Chief Officer | Profile | |
| Gene Liu | Principal Controller | Profile | |
| Joe Binz | CFO Officer | Profile |
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlassian Corp. If investors know Atlassian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlassian Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.722 | Earnings Share (1.52) | Revenue Per Share 17.587 | Quarterly Revenue Growth 0.215 | Return On Assets (0.02) |
The market value of Atlassian Corp Plc is measured differently than its book value, which is the value of Atlassian that is recorded on the company's balance sheet. Investors also form their own opinion of Atlassian Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlassian Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlassian Corp's market value can be influenced by many factors that don't directly affect Atlassian Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Atlassian Corp's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Atlassian Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.