In today’s recent session, 5.22 million shares of the Alphatec Holdings Inc (NASDAQ:ATEC) have been traded, and its beta is 1.15. Most recently the company’s share price was $11.67, and it changed around -$0.06 or -0.51% from the last close, which brings the market valuation of the company to $1.68B. ATEC at last check was trading at a discount to its 52-week high of $14.88, offering almost -27.51% off that amount. The share price’s 52-week low was $4.88, which indicates that the recent value has risen by an impressive 58.18% since then.
Alphatec Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.25. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 1 recommended ATEC as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Alphatec Holdings Inc is expected to report earnings per share of -0.12 for the current quarter.
Alphatec Holdings Inc (NASDAQ:ATEC) trade information
Instantly ATEC has been showing red trend so far today with a performance of -0.51% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 12.79 on recent trading dayincreased the stock’s daily price by 8.76%. The company’s shares are currently up 27.12% year-to-date, but still up 5.52% over the last five days. On the other hand, Alphatec Holdings Inc (NASDAQ:ATEC) is 1.83% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $19, which translates to bulls needing to increase their stock price by 38.58% from its current value. Analyst projections state that ATEC is forecast to be at a low of $19 and a high of $19.
Alphatec Holdings Inc (ATEC) estimates and forecasts
The year-over-year growth rate is expected to be 19.74%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 167.57M in revenue for the current quarter. 9 analysts expect Alphatec Holdings Inc to make 178.13M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 138.48M and 145.57M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 21.01%. Forecasts for the next quarter put sales growth at 22.36%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.77%.
Alphatec Holdings Inc (NASDAQ:ATEC)’s Major holders
VANGUARD GROUP INC, with 4.0829% or 5.76 million shares worth $60.15 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
American Century Small Cap Growth Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 3.94 shares worth $45.45 million, making up 2.73% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 3.04 shares worth around $35.14 million, which represents about 2.11% of the total shares outstanding.
