In the last trading session, 1.21 million shares of the Alphatec Holdings Inc (NASDAQ:ATEC) were traded, and its beta was 1.18. Most recently the company’s share price was $10.32, and it changed around -$0.17 or -1.62% from the last close, which brings the market valuation of the company to $1.30B. ATEC currently trades at a discount to its 52-week high of $14.54, offering almost -40.89% off that amount. The share price’s 52-week low was $4.88, which indicates that the current value has risen by an impressive 52.71% since then. We note from Alphatec Holdings Inc’s average daily trading volume that its 10-day average is 1.8 million shares, with the 3-month average coming to 2.01 million.
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 showed a red trend with a performance of -1.62% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.70 on recent trading dayincreased the stock’s daily price by 3.55%. The company’s shares are currently up 12.42% year-to-date, but still up 10.49% over the last five days. On the other hand, Alphatec Holdings Inc (NASDAQ:ATEC) is -4.09% down in the 30-day period. We can see from the shorts that 9.82 million shares have been sold at a short interest cover period of 5.71 day(s).
The consensus price target as assigned by Wall Street analysts is $19, which translates to bulls needing to increase their stock price by 45.68% 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%.
ATEC Dividends
Alphatec Holdings Inc’s next quarterly earnings report is expected to be released on 2025-Feb-25.
Alphatec Holdings Inc (NASDAQ:ATEC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 25.18% of Alphatec Holdings Inc shares, and 59.93% of them are in the hands of institutional investors. The stock currently has a share float of 80.11%. Alphatec Holdings Inc stock is held by 303.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.8116% of the shares, which is about 8.29 million shares worth $86.66 million.
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.
SMALL CAP GROWTH FUND and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 3.94 shares worth $40.61 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 $31.4 million, which represents about 2.11% of the total shares outstanding.
