Andrew Lux - AtriCure Sr. VP of Operations and Quality Assurance

ATRC Stock  USD 23.39  0.06  0.26%   

SVP

Dr. Andrew L. Lux, Ph.D., is Senior Vice President Operations and Quality of AtriCure Inc. Dr. Lux previously served as our Vice President and Chief Operating Officer from 2012 to 2013. Prior to joining AtriCure, Dr. Lux served in leadership capacities at both small and large companies. From 2010 to 2012, Dr. Lux served as the Senior Vice President of Manufacturing and Operations for IntriMed Technologies, a startup business focused on contract manufacturing of implantable medical devices. From 2008 to 2010, Dr. Lux was the Vice President of Research and Development, Operations and Service for WaterHealth International, Inc., a business focused on the water purificationdisinfections markets. From 2006 to 2008, Dr. Lux was the General Manager for Medtronic, Inc.s spinal division in Warsaw, Indiana, where he was responsible for the United States based manufacturing organization providing spinal implant and orthopedic instrumentation products. Prior to 2006, Dr. Lux served in a variety of executive capacities for medical device organizations including Baxter Healthcare, Inc., Medtronic, Inc., Johnson Johnson and General Electric Company since 2013.
Age 64
Tenure 11 years
Professional MarksMBA
Address 7555 Innovation Way, Mason, OH, United States, 45040
Phone513 755 4100
Webhttps://www.atricure.com
Lux received his M.S. and Ph.D. from M.I.T. and his M.B.A. from Case Western Reserve University.

AtriCure Management Efficiency

The company has return on total asset (ROA) of (0.0324) % which means that it has lost $0.0324 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.066) %, meaning that it created substantial loss on money invested by shareholders. AtriCure's management efficiency ratios could be used to measure how well AtriCure manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to -0.1. In addition to that, Return On Capital Employed is expected to decline to -0.06. At present, AtriCure's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 365.1 M, whereas Other Assets are forecasted to decline to 0.95.
The company currently holds 74.49 M in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. AtriCure has a current ratio of 3.59, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist AtriCure until it has trouble settling it off, either with new capital or with free cash flow. So, AtriCure's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AtriCure sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AtriCure to invest in growth at high rates of return. When we think about AtriCure's use of debt, we should always consider it together with cash and equity.
AtriCure, Inc. develops, manufactures, and sells devices for the surgical ablation of cardiac tissue and systems, and intercostal nerves to medical centers in the United States, Europe, Asia, and internationally. The company was incorporated in 2000 and is headquartered in Mason, Ohio. Atricure operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 875 people. AtriCure (ATRC) is traded on NASDAQ Exchange in USA. It is located in 7555 Innovation Way, Mason, OH, United States, 45040 and employs 1,200 people. AtriCure is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

AtriCure Leadership Team

Elected by the shareholders, the AtriCure's board of directors comprises two types of representatives: AtriCure inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AtriCure. The board's role is to monitor AtriCure's management team and ensure that shareholders' interests are well served. AtriCure's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AtriCure's outside directors are responsible for providing unbiased perspectives on the board's policies.
Salvatore Privitera, CTO
Patricia Kennedy, Vice President General Manager - International
Deborah Yount, Chief Officer
JD CCEP, Chief Officer
CCEP CCEP, Chief Officer
Regina Groves, Independent Director
Scott Drake, Independent Director
Mark Collar, Independent Director
Valerie StorchWillhaus, Vice Communications
Michael Carrel, CEO and President and Director
Mark Lanning, Independent Director
Richard Johnston, Independent Chairman of the Board
Robert White, Independent Director
Sven Wehrwein, Independent Director
Angela CPA, Chief Officer
Elizabeth Krell, Independent Director
Andrew Lux, Sr. VP of Operations and Quality Assurance
Tonya SPHR, VP HR
Vinayak Doraiswamy, Chief Officer
Michael Hooven, Founder and Director
Karen Robards, Independent Director
Salvatore JD, Chief Officer
Justin Noznesky, Senior Vice President Marketing and Business Development
Douglas Seith, Chief Officer
Andrew Wade, CFO, Senior Vice President
Kristine Johnson, Independent Director
Amalio MD, Ex Officer

AtriCure Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AtriCure a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with AtriCure

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AtriCure position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AtriCure will appreciate offsetting losses from the drop in the long position's value.

Moving together with AtriCure Stock

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Moving against AtriCure Stock

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The ability to find closely correlated positions to AtriCure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AtriCure when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AtriCure - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AtriCure to buy it.
The correlation of AtriCure is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AtriCure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AtriCure moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AtriCure can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AtriCure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AtriCure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atricure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atricure Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AtriCure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running AtriCure's price analysis, check to measure AtriCure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AtriCure is operating at the current time. Most of AtriCure's value examination focuses on studying past and present price action to predict the probability of AtriCure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AtriCure's price. Additionally, you may evaluate how the addition of AtriCure to your portfolios can decrease your overall portfolio volatility.
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Is AtriCure's industry 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 AtriCure. If investors know AtriCure 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 AtriCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
8.621
Quarterly Revenue Growth
0.21
Return On Assets
(0.03)
Return On Equity
(0.07)
The market value of AtriCure is measured differently than its book value, which is the value of AtriCure that is recorded on the company's balance sheet. Investors also form their own opinion of AtriCure's value that differs from its market value or its book value, called intrinsic value, which is AtriCure'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 AtriCure's market value can be influenced by many factors that don't directly affect AtriCure's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AtriCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if AtriCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AtriCure'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.