Atlassian Corp (NASDAQ: TEAM) has reported E.P.S. of $-0.15 for its second fiscal quarter (ending December 31) versus $-0.33 for the same period a year ago — a decline of -55%. For the latest four quarters through December 31, E.P.S. were $-1.33 versus $-1.49 for the same period a year ago — a decline of -11%.
Recent Price Action
Atlassian Corp (NASDAQ: TEAM) stock closed at $266.95 on 1/30/25 after a modest decline of -1.6%. Moreover, exceptionally high trading volume at 217% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
Atlassian has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Atlassian has a poor Appreciation Score of 27 but a very high Power Rating of 91, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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