Atlassian Corp Plc Stock Today

TEAM Stock  USD 197.01  2.58  1.33%   

Performance

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Odds Of Distress

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Atlassian Corp is selling at 197.01 as of the 19th of March 2024; that is 1.33 percent up since the beginning of the trading day. The stock's lowest day price was 195.0. Atlassian Corp has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Atlassian Corp Plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2022 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
10th of December 2015
Category
Technology
Classification
Information Technology
Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Atlassian Corporation was founded in 2002 and is headquartered in Sydney, Australia. Atlassian Corp operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 157.36 M outstanding shares of which 3.67 M shares are at this time shorted by private and institutional investors with about 1.84 trading days to cover. More on Atlassian Corp Plc

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Atlassian Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Atlassian Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Atlassian Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOScott Farquhar
Old Names[Team International Marketing SA, Team Tankers International Ltd]
Business ConcentrationApplication Software, Software - Application, Information Technology, Stock Exchange Of, NASDAQ 100 Technology, Nasdaq 100, NASDAQ 100 Pre, NASDAQ Composite, SET Total Return, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Atlassian Corp report their recommendations after researching Atlassian Corp's financial statements, talking to executives and customers, or listening in on Atlassian Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Atlassian Corp Plc. The Atlassian consensus assessment is calculated by taking the average forecast from all of the analysts covering Atlassian Corp.
Financial Strength
Based on the analysis of Atlassian Corp's profitability, liquidity, and operating efficiency, Atlassian Corp Plc may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Atlassian Corp Plc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.50.77
Way Down
Pretty Stable
Gross Profit Margin0.660.74
Fairly Down
Pretty Stable
Total Current Liabilities1.3 B2.3 B
Way Down
Slightly volatile
Non Current Liabilities Total1.7 B1.6 B
Sufficiently Up
Slightly volatile
Total AssetsB4.7 B
Sufficiently Up
Slightly volatile
Total Current Assets3.3 B3.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating ActivitiesB998.3 M
Sufficiently Up
Slightly volatile
Atlassian Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Atlassian Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Atlassian Corp's financial leverage. It provides some insight into what part of Atlassian Corp's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Atlassian Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Atlassian Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Atlassian Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.28 B in liabilities with Debt to Equity (D/E) ratio of 3.92, implying the company greatly relies on financing operations through barrowing. Atlassian Corp Plc has a current ratio of 1.17, suggesting that it may have difficulties to pay its financial obligations when due. Debt can assist Atlassian Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Atlassian Corp'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 Atlassian Corp Plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atlassian to invest in growth at high rates of return. When we think about Atlassian Corp's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

1.73 Million
Atlassian Corp Plc (TEAM) is traded on NASDAQ Exchange in USA. It is located in 341 George Street, Sydney, NSW, Australia, 2000 and employs 10,726 people. Atlassian Corp is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 51.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Atlassian Corp's market, we take the total number of its shares issued and multiply it by Atlassian Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Atlassian Corp Plc conducts business under Software sector and is part of Information Technology industry. The entity has 157.36 M outstanding shares of which 3.67 M shares are at this time shorted by private and institutional investors with about 1.84 trading days to cover. Atlassian Corp Plc currently holds about 1.47 B in cash with 868.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.77.
Check Atlassian Corp Probability Of Bankruptcy
Ownership Allocation
Atlassian Corp Plc retains a total of 157.36 Million outstanding shares. The majority of Atlassian Corp Plc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Atlassian Corp Plc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Atlassian Corp. Please pay attention to any change in the institutional holdings of Atlassian Corp Plc as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Atlassian Ownership Details

Atlassian Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Atlassian Corp jumping above the current price in 90 days from now is more than 93.0%. The Atlassian Corp Plc probability density function shows the probability of Atlassian Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7667. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Atlassian Corp will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Atlassian Corp Plc is significantly underperforming NYSE Composite.
  Odds Below 197.01HorizonTargetOdds Above 197.01
6.53%90 days
 197.01 
93.42%
Based on a normal probability distribution, the odds of Atlassian Corp to move above the current price in 90 days from now is more than 93.0 (This Atlassian Corp Plc probability density function shows the probability of Atlassian Stock to fall within a particular range of prices over 90 days) .

Atlassian Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Atlassian Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Atlassian Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Atlassian Corp's value.
InstituionRecorded OnShares
Franklin Resources Inc2023-12-31
M
Clearbridge Advisors, Llc2023-09-30
M
Hhg Plc2023-12-31
M
Wellington Management Company Llp2023-12-31
1.8 M
Morgan Stanley - Brokerage Accounts2023-09-30
1.8 M
Geode Capital Management, Llc2023-09-30
1.8 M
Fmr Inc2023-09-30
1.6 M
Renaissance Technologies Corp2023-12-31
1.6 M
First Trust Advisors L.p.0031-12-31
1.6 M
Vanguard Group Inc2023-09-30
14.9 M
T. Rowe Price Associates, Inc.2023-12-31
10.2 M
View Atlassian Corp Diagnostics

Atlassian Corp Historical Income Statement

Atlassian Corp Plc Income Statement is one of the three primary financial statements used for reporting Atlassian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Atlassian Corp Plc revenue and expense. Atlassian Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Atlassian Corp's Research Development is very stable compared to the past year. As of the 19th of March 2024, Cost Of Revenue is likely to grow to about 765.3 M, though Operating Income is likely to grow to (295.2 M). View More Fundamentals

Atlassian Stock Against Markets

Picking the right benchmark for Atlassian Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Atlassian Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Atlassian Corp is critical whether you are bullish or bearish towards Atlassian Corp Plc at a given time. Please also check how Atlassian Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atlassian Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Atlassian Corp Corporate Directors

Atlassian Corp corporate directors refer to members of an Atlassian Corp board of directors. The board of directors generally takes responsibility for the Atlassian Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Atlassian Corp's board members must vote for the resolution. The Atlassian Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard WongIndependent DirectorProfile
Sasan GoodarziIndependent DirectorProfile
Shona BrownDirectorProfile
Steven SordelloIndependent DirectorProfile

How to buy Atlassian Stock?

Before investing in Atlassian Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Atlassian Corp. To buy Atlassian Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Atlassian Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Atlassian Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Atlassian Corp Plc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Atlassian Corp Plc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Atlassian Corp Plc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Atlassian Stock please use our How to Invest in Atlassian Corp guide.

Already Invested in Atlassian Corp Plc?

The danger of trading Atlassian Corp Plc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Atlassian Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Atlassian Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Atlassian Corp Plc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Atlassian Corp Plc is a strong investment it is important to analyze Atlassian Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlassian Corp's future performance. For an informed investment choice regarding Atlassian Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Atlassian Corp Plc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Atlassian Corp Plc information on this page should be used as a complementary analysis to other Atlassian Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Atlassian Corp's price analysis, check to measure Atlassian Corp'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 Atlassian Corp is operating at the current time. Most of Atlassian Corp's value examination focuses on studying past and present price action to predict the probability of Atlassian Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlassian Corp's price. Additionally, you may evaluate how the addition of Atlassian Corp to your portfolios can decrease your overall portfolio volatility.
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Is Atlassian Corp'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 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
(1.50)
Revenue Per Share
15.106
Quarterly Revenue Growth
0.215
Return On Assets
(0.03)
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.
Please note, there is a significant difference between Atlassian Corp's value and its price as these two are different measures arrived at by different 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.