NASDAQ:ATRC

AtriCure (ATRC) Stock Price, News & Analysis

$20.89
-1.33 (-5.99%)
(As of 05/3/2024 ET)
Today's Range
$20.78
$23.03
50-Day Range
$20.89
$37.78
52-Week Range
$20.19
$59.61
Volume
961,862 shs
Average Volume
881,737 shs
Market Capitalization
$994.16 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$49.78

AtriCure MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
138.3% Upside
$49.78 Price Target
Short Interest
Bearish
6.72% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.06mentions of AtriCure in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$504,932 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.71) to ($0.47) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.89 out of 5 stars

Medical Sector

2359th out of 5,424 stocks

Surgical & Medical Instruments Industry

301st out of 576 stocks

ATRC stock logo

About AtriCure Stock (NASDAQ:ATRC)

AtriCure, Inc. develops, manufactures, and sells devices for surgical ablation of cardiac tissue, exclusion of the left atrial appendage, and temporarily blocking pain by ablating peripheral nerves to medical centers in the United States, Europe, the Asia-Pacific, and internationally. The company offers Isolator Synergy Clamps, single-use disposable radio frequency products; multifunctional pens and linear ablation devices, such as the MAX Pen device that enables surgeons to evaluate cardiac arrhythmias, perform temporary cardiac pacing, sensing, and stimulation, and ablate cardiac tissue with the same device; and the Coolrail device, which enables users to make longer linear lines of ablation. It also provides cryoICE Cryoablation System that enables the user to make linear ablations of varied lengths; EPi-Sense Systems, a single-use disposable device used for the treatment of symptomatic, drug-refractory, and long-standing persistent atrial fibrillation; cryoSPHERE probe, which provides temporary pain relief by applying cryothermic energy to targeted intercoastal peripheral nerves in the ribcage; AtriClip System, an implantable device coupled to a single-use disposable applier; and LARIAT System, a suture-based solution for soft-tissue closure. In addition, the company sells Lumitip dissectors to separate tissues to provide access to key anatomical structures that are targeted for ablation; Glidepath guides for placement of clamps; Subtle Cannula's to support access for EPi-Sense catheters; and various reusable cardiac surgery instruments. It markets and sells its products through independent distributors and direct sales personnel. The company was incorporated in 2000 and is headquartered in Mason, Ohio.

ATRC Stock Price History

ATRC Stock News Headlines

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The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
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The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Atricure’s Growth and Resilience Reinforce Buy Rating
AtriCure (NASDAQ:ATRC) Shares Gap Up to $22.71
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/04/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Current Symbol
NASDAQ:ATRC
CUSIP
04963C20
Employees
1,200
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$49.78
High Stock Price Target
$68.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+138.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-30,440,000.00
Pretax Margin
-7.48%

Debt

Sales & Book Value

Annual Sales
$399.24 million
Book Value
$9.84 per share

Miscellaneous

Free Float
46,827,000
Market Cap
$994.16 million
Optionable
Optionable
Beta
1.41

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ATRC Stock Analysis - Frequently Asked Questions

Should I buy or sell AtriCure stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AtriCure in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ATRC shares.
View ATRC analyst ratings
or view top-rated stocks.

What is AtriCure's stock price target for 2024?

7 analysts have issued 1-year price objectives for AtriCure's shares. Their ATRC share price targets range from $32.00 to $68.00. On average, they predict the company's stock price to reach $49.78 in the next year. This suggests a possible upside of 138.3% from the stock's current price.
View analysts price targets for ATRC
or view top-rated stocks among Wall Street analysts.

How have ATRC shares performed in 2024?

AtriCure's stock was trading at $35.69 at the beginning of 2024. Since then, ATRC shares have decreased by 41.5% and is now trading at $20.89.
View the best growth stocks for 2024 here
.

Are investors shorting AtriCure?

AtriCure saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,250,000 shares, an increase of 9.4% from the March 15th total of 2,970,000 shares. Based on an average trading volume of 668,700 shares, the days-to-cover ratio is presently 4.9 days.
View AtriCure's Short Interest
.

When is AtriCure's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our ATRC earnings forecast
.

How were AtriCure's earnings last quarter?

AtriCure, Inc. (NASDAQ:ATRC) announced its earnings results on Wednesday, May, 1st. The medical device company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by $0.02. The medical device company earned $108.90 million during the quarter, compared to analyst estimates of $106.86 million. AtriCure had a negative net margin of 8.98% and a negative trailing twelve-month return on equity of 7.82%. AtriCure's revenue for the quarter was up 16.5% on a year-over-year basis. During the same period last year, the firm earned ($0.23) EPS.

What ETF holds AtriCure's stock?

iShares U.S. Medical Devices ETF holds 322,356 shares of ATRC stock, representing 0.14% of its portfolio.

What guidance has AtriCure issued on next quarter's earnings?

AtriCure updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of -0.820--0.740 for the period, compared to the consensus EPS estimate of -0.740. The company issued revenue guidance of $459.0 million-$466.0 million, compared to the consensus revenue estimate of $461.3 million.

What is Michael Carrel's approval rating as AtriCure's CEO?

38 employees have rated AtriCure Chief Executive Officer Michael Carrel on Glassdoor.com. Michael Carrel has an approval rating of 100% among the company's employees. This puts Michael Carrel in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 93.0% of employees surveyed would recommend working at AtriCure to a friend.

What other stocks do shareholders of AtriCure own?
Who are AtriCure's major shareholders?

AtriCure's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (1.49%), Assenagon Asset Management S.A. (0.92%), WCM Investment Management LLC (0.46%), BNP Paribas Financial Markets (0.19%), GSA Capital Partners LLP (0.07%) and Diversified Trust Co (0.07%). Insiders that own company stock include Angela L Wirick, Angela L Wirick, David D Jr Grumhaus, Douglas J Seith, Justin J Noznesky, Karen Prange, Karl S Dahlquist, Maggie Yuen, Mark A Collar, Mark A Collar, Regina E Groves, Salvatore Privitera, Scott William Drake, Tonya Austin and Vinayak Doraiswamy.
View institutional ownership trends
.

How do I buy shares of AtriCure?

Shares of ATRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does AtriCure have any subsidiaries?
The following companies are subsidiares of AtriCure: SentreHEART.
Read More
This page (NASDAQ:ATRC) was last updated on 5/5/2024 by MarketBeat.com Staff

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