Atlassian Corporation PLC (TEAM) & Its Peers Critical Analysis
Atlassian Corporation PLC (NASDAQ: TEAM) is one of 121 public companies in the “Software” industry, but how does it contrast to its rivals? We will compare Atlassian Corporation PLC to related businesses based on the strength of its institutional ownership, analyst recommendations, risk, profitability, earnings, valuation and dividends.
This table compares Atlassian Corporation PLC and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Atlassian Corporation PLC||-7.96%||-2.11%||-1.48%|
|Atlassian Corporation PLC Competitors||-44.10%||-25.51%||-9.42%|
Valuation & Earnings
This table compares Atlassian Corporation PLC and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Atlassian Corporation PLC||$619.94 million||-$42.50 million||-212.45|
|Atlassian Corporation PLC Competitors||$2.28 billion||$423.93 million||11.80|
Atlassian Corporation PLC’s rivals have higher revenue and earnings than Atlassian Corporation PLC. Atlassian Corporation PLC is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Institutional and Insider Ownership
77.8% of Atlassian Corporation PLC shares are owned by institutional investors. Comparatively, 57.8% of shares of all “Software” companies are owned by institutional investors. 19.3% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This is a breakdown of current recommendations and price targets for Atlassian Corporation PLC and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Atlassian Corporation PLC||0||4||9||0||2.69|
|Atlassian Corporation PLC Competitors||277||2087||4415||86||2.63|
Atlassian Corporation PLC presently has a consensus price target of $48.44, indicating a potential downside of 4.99%. As a group, “Software” companies have a potential downside of 1.59%. Given Atlassian Corporation PLC’s rivals higher probable upside, analysts plainly believe Atlassian Corporation PLC has less favorable growth aspects than its rivals.
Risk and Volatility
Atlassian Corporation PLC has a beta of 2.8, indicating that its stock price is 180% more volatile than the S&P 500. Comparatively, Atlassian Corporation PLC’s rivals have a beta of 1.01, indicating that their average stock price is 1% more volatile than the S&P 500.
Atlassian Corporation PLC beats its rivals on 7 of the 12 factors compared.
About Atlassian Corporation PLC
Atlassian Corporation Plc is a holding company. The Company offers a range of team collaboration products. The Company offers products, including JIRA, Confluence, HipChat, Bitbucket and JIRA Service Desk, for software developers, information technology (IT) managers and knowledge workers. The Company offers JIRA for team planning and project management; Confluence for team content creation and sharing; HipChat for team real-time messaging and communications; Bitbucket for team code sharing and management, and JIRA Service Desk for team service and support applications. JIRA allows teams to organize their work into projects and customize dashboards for those projects to keep their teams aligned and on track. Confluence provides a system for organizing, sharing and securing content in spaces arranged by team, project, department and others. The Company also offers additional tools for software developers, such as FishEye, Clover, Crowd, Crucible, Bamboo and SourceTree.
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