TEAM - Atlassian Corporation Plc
| Previous Close | 103.75 |
| Open | 104.25 |
| Bid | 104.62 x 800 |
| Ask | 104.81 x 2900 |
| Day's Range | 103.87 - 105.62 |
| 52 Week Range | 54.57 - 117.06 |
| Volume | 620,595 |
| Avg. Volume | 1,608,437 |
| Market Cap | 25.292B |
| Beta (3Y Monthly) | 1.63 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.81 |
| Earnings Date | Apr 17, 2019 - Apr 22, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 116.53 |
- American City Business Journals•yesterday
Modern Workplaces: Atlassian offers beer on tap, a reflection room with a foot wash basin and more
San Francisco-based enterprise software company packs a range of features in its expansive Financial District headquarters.
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- TheStreet.com•5 days ago
Taiwan Semi's Upbeat Outlook Is Welcome News for Chip Stocks -- Tech Check
rose 2.3% on Thursday after delivering a Q1 report that wasn't spectacular, but also didn't do anything to upend the view (now held by many) that chip industry sales are in the process of bottoming. Revenue, which was already known thanks to monthly sales reports, fell 16% annually in dollars, while EPS missed a FactSet analyst consensus by $0.02. The company also reiterated its full-year outlook for slight revenue growth, and its full-year capital spending budget of $10 billion to $11 billion.
Motley Fool•5 days agoAtlassian's Adjusted Earnings Soar
The software company continues to grow at a robust pace.
- Motley Fool•5 days ago
Why Sleep Number, Skechers, and Atlassian Slumped Today
These stocks were left out of the broader market's rally.
- InvestorPlace•5 days ago
The Zoom IPO Goes Boom
I've met with Zoom Video Communications' (NASDAQ:ZM) CEO and founder Eric Yuan several times. He's soft spoken and humble. He also has a laser focus on his customers (keep in mind that the company's Net Promoter Score (NPS) is over 70, which is exceptional).Source: Shutterstock No doubt, Yuan's efforts have paid off in a big way. Today the company launched its IPO and yes, it's a mega offering. The ZOOM IPO priced 20.9 million shares at $36, which was after there were two increases in the range. In the deal, Salesforce.com (NYSE:CRM) agreed to invest $100 million. ZOOM also has some other notable strategic investors like Atlassian (NASDAQ:TEAM) and Dropbox (NASDAQ:DBX).The valuation? Well, the ZOOM IPO is now at $15.8 billion, with the stock up 75% on its opening. By comparison, the valuation was $1 billion in early 2017.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe ZOOM IPO comes on a day when Pinterest (NYSE:PINS) pulled off its own offering. That company priced 75 million shares at $19 and so far in today's trading, the stock is up 22%.And it's a good bet we'll see more new IPOs come to market in the coming months, such as Uber, Slack and Palantir. Background on the ZOOM IPOAs a college student in China during the 1980s, Yuan wanted to use technology to communicate with his girlfriend (by the way, she is now his wife!) This is why he was so attracted to WebEx, which he jointed as a founding engineer in 1997. He got a quick education on what it's like to be a part of a hyper growth company. * 5 Dividend Stocks Perfect for Retirees But when Cisco (NASDAQ:CSCO) acquired WebEx, things changed -- and not for the better. Yuan provided many ideas to improve the product but there was tepid interest. So in 2011, he left to start Zoom.His obsession was with creating the best product possible. As a result, there was little energy devoted to marketing. In fact, it was not until a few years ago that Zoom put together a marketing team.As of now, Zoom is a full-on platform that allows for rich video, voice, chat and content sharing. It is a native cloud system -- that involves a custom multimedia router -- which has demonstrated much better performance than legacy applications. The goal: to make Zoom meetings better than in-person meetings.Now, a key to the success of Zoom is that it is inherently viral. According to the S-1: "Our rapid adoption is driven by a virtuous cycle of positive user experiences. Individuals typically begin using our platform when a colleague or associate invites them to a Zoom meeting. When attendees experience our platform and realize the benefits, they often become paying customers to unlock additional functionality."This has translated into strong financials. From fiscal 2017 to 2019, revenues soared from $60.8 million to $330.5 million. Oh, and ZOOM is profitable. Last year, the net income came to $7.6 million and cash flow from operations was a hefty $51.3 million.The market opportunity is also enormous. Based on research from IDC, the spending on ZOOM's main categories are forecasted to reach $43.1 billion by 2022. Bottom Line on the ZOOM IPOWhile Zoom is a great company and is likely to see continued robust growth, the valuation remains at nosebleed levels. Consider that the price-to-sales multiple is around 47X. Actually, this is at levels for red-hot cannabis stocks!OK then, so what now for the ZOOM IPO? It's really tough to tell. However, it seems clear that the stock is priced for perfection. And yes, this can set investors up for disappointment. Just look at what happened with the Snap (NYSE:SNAP) IPO.In other words, when looking at ZOOM right now, it's best to be cautious.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post The Zoom IPO Goes Boom appeared first on InvestorPlace.
- CNBC•5 days ago
Stocks making the biggest moves midday: Pinterest, Zoom, Blackstone & more
Shares of the videoconferencing software company Zoom surged 72.2% on Thursday, its first day of trading. The bump gave Zoom a market cap of $16.7 billion. Pinterest PINS — Pinterest surged more than 28% in its first day of trading.
- Investopedia•5 days ago
Atlassian Breaks Down From Support After Mixed Guidance
Atlassian reported better-than-expected third quarter financial results, but its fourth quarter profit forecast missed consensus estimates.
- Motley Fool•5 days ago
Why Atlassian Stock Fell Thursday
Despite better-than-expected fiscal third-quarter results, shares are down.
- Thomson Reuters StreetEvents•5 days ago
Edited Transcript of TEAM earnings conference call or presentation 17-Apr-19 9:00pm GMT
Q3 2019 Atlassian Corp PLC Earnings Call
Motley Fool•5 days agoAtlassian Corporation Plc (TEAM) Q3 2019 Earnings Call Transcript
TEAM earnings call for the period ending March 31, 2019.
Motley Fool•6 days agoAtlassian's Strong Growth Continues
There's a lot to like in the productivity software specialist's third-quarter update.
- Zacks•6 days ago
Atlassian Corporation PLC (TEAM) Q3 Earnings and Revenues Top Estimates
Atlassian Corporation PLC (TEAM) delivered earnings and revenue surprises of 16.67% and 1.70%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- CNBC•6 days ago
Stocks making the biggest moves after hours: Las Vegas Sands, Pier 1, Atlassian and more
Check out the companies making headlines after the bell:Shares of Las Vegas Sands LVS jumped more than 4% in extended trading Wednesday following the release of the company's first-quarter earnings.
- Investor's Business Daily•6 days ago
Atlassian Earnings Top Views, But Stock Falls As Profit Guidance Misses
Atlassian earnings and revenue for its fiscal third quarter beat analyst estimates. Atlassian stock fell in after-hours trading as the company's June-quarter profit guidance missed views.
- MarketWatch•6 days ago
Atlassian stock drops as earnings outlook misses
Atlassian Inc. shares dropped in the extended session Wednesday after the team-collaboration software company's earnings outlook fell short of Wall Street estimates. Atlassian shares fell 8% after hours, following a 1.6% decline to close the regular session at $111.19. The company said it expects adjusted fiscal fourth-quarter earnings of 16 cents a share on revenue of $329 million to $331 million. Analysts surveyed by FactSet expect 19 cents a share on revenue of $327.6 million. The company reported a fiscal third-quarter loss of $202.8 million, or 85 cents a share, compared with $15.8 million, or 7 cents a share, in the year-ago period. Adjusted earnings were 21 cents a share. Revenue rose to $309.3 million from $224.3 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 18 cents a share on revenue of $304.7 million.
- Business Wire•6 days ago
Atlassian Announces Third Quarter Fiscal Year 2019 Results
Quarterly revenue of $309.3 million, up 38% year-over-year
- Motley Fool•6 days ago
Zoom Video Raises Range on IPO Ahead of Thursday Launch
This under-the-radar tech unicorn has one unusual advantage compared to most of the companies to go public recently.
- ACCESSWIRE•6 days ago
Atlassian Corp. Plc Class A to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / April 17, 2019 / Atlassian Corp. Plc Class A (NASDAQ: TEAM ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on April 17, 2019 at 5:00 ...
- Investor's Business Daily•7 days ago
Software Stocks To Buy And Watch; Valuations Of SaaS Companies Soar
Software stocks jumped in the first quarter of 2019, repeating a pattern from the prior two years. The big question is whether premium valuations can be sustained amid worries over growth.
- Investor's Business Daily•8 days ago
Stock Market Slips; This Dow Jones Stock Sells Off On Earnings
The Dow Jones industrials lost about 50 points in today's stock market. Blue chip stock Goldman Sachs weighed on the Dow 30.
- Investor's Business Daily•10 days ago
Q1 Earnings: StoneCo, Atlassian, Paylocity Among 19 Stocks Expecting 50% To 4,200% Growth
As Q1 earnings season gets underway, discover 19 stocks, including Atlassian, Paylocity, StoneCo, DocuSign, and Xilinx that expect 50%-4,200% growth.
- Zacks•11 days ago
Atlassian Corporation PLC (TEAM) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Atlassian Corporation PLC (TEAM) closed at $112.68, marking a -1.54% move from the previous day.
- Benzinga•11 days ago
5 Stock Picks From Top-Rated TipRanks Analyst Richard Davis
Investors are faced with so much conflicting information that it can be hard to know which expert opinions to take seriously. Even among Wall Street analysts, there is a wide range of performance. If you’ve ...
