Uncategorized

Movers to Watch For: Atlassian Corporation Plc (NASDAQ:TEAM) and C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

Atlassian Corporation Plc (NASDAQ:TEAM)

Atlassian Corporation Plc is engaged in designing, developing, licensing and maintaining of software and the provisioning of software hosting services. The Company’s products include JIRA for team planning and project management; Confluence for team content creation and sharing; HipChat for team messaging and communications; Bitbucket for team code sharing and management and JIRA Service Desk for team services and support applications. It offers tools for software developers consists of FishEye, Bamboo and SourceTree. Atlassian Corporation Plc is headquartered in Sydney, Australia.

Atlassian Corporation Plc (NASDAQ:TEAM)’s Financial Overview

Atlassian Corporation Plc (NASDAQ) declined -0.32% yesterday to close its trading session at $95.5. The company has 1 year Price Target of $91.15. Atlassian Corporation Plc has 52-Week high of $98.21 and 52-Week Low of $47.74. The stock touched its 52-Week High on 98.21 and 52-Week Low on 47.74. The stock traded with the volume of 1.17 Million shares yesterday. The firm shows the market capitalization of $23.21 Billion.

Atlassian Corporation Plc (NASDAQ) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.2/share against the analyst consensus estimate of $0.19/share. The difference between the actual and expected EPS is $0.01 a share with a surprise factor of 5.3%.

The firm is trading with SMA20 of 11.7 Percent, SMA50 of 19.38 Percent and SMA200 of 30.15 percent. Atlassian Corporation Plc has P/S value of 24.49 while its P/B value stands at 31.62. Similarly, the company has Return on Assets of -18.2 percent, Return on Equity of -41.3 percent and Return on Investment of -3.5 Percent. The company shows Gross Margin and Operating Margin of 81.2 percent and -3.3 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.1 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 12 analysts offering 12-month price forecasts for Atlassian Corp PLC have a median target of 92.00, with a high estimate of 108.00 and a low estimate of 82.00. The median estimate represents a -3.66% decrease from the last price of 95.50.

Atlassian Corporation Plc is expected* to report earnings on 01/17/2019 after market close. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.02. The reported EPS for the same quarter last year was $-0.07.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

C.H. Robinson Worldwide, Inc. (C.H. Robinson) ( NASDAQ) is one of the third-party logistics companies in North America. C.H. Robinson is a global provider of multimodal transportation services and logistics solutions an delivering innovative supply chain solutions to customer worldwide. The company maintains the single largest network of motor carrier capacity in North America through contracts with motor carriers, and it operates through a network of offices in North America, South America and Europe. C.H. Robinson (CHRW) is headquartered in Eden Prairie, Minnesota.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)’s Financial Outlook

The 19 analysts offering 12-month price forecasts for C.H. Robinson Worldwide Inc have a median target of 96.00, with a high estimate of 114.00 and a low estimate of 67.00. The median estimate represents a +12.36% increase from the last price of 85.44.

C.H. Robinson Worldwide, Inc. is expected* to report earnings on 01/29/2019 after market close. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 10 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.2. The reported EPS for the same quarter last year was $0.99.

According to Zacks Investment Research, C.H. Robinson Worldwide, Inc. has a Consensus Recommendation of 2.22. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0.85% and closed its last trading session at $85.44. The company has the market capitalization of $11.79 Billion. The stock has 52-week high of $101.2 and 52-Week low of $78.83. The firm touched its 52-Week high on 101.20 and 52-Week low on 78.83. The company has volume of 955272 shares. The company has a total of 137.99 Million shares outstanding.

C.H. Robinson Worldwide, Inc. (NASDAQ) in the last quarter reported its actual EPS of $1.25/share where the analyst estimated EPS was $1.17/share. The difference between the actual and Estimated EPS is $0.08. This shows a surprise factor of 6.8 percent.

The company has YTD performance of 1.61 percent. Beta for C.H. Robinson Worldwide, Inc. stands at 0.67 while its ATR (average true range) is 2.3. The company has Weekly Volatility of 2.10%% and Monthly Volatility of 2.73%%.

C.H. Robinson Worldwide, Inc. has distance from 20-day Simple Moving Average (SMA20) of 2.21%, Distance from 50-Day Simple Moving Average of -2.02 percent and Distance from 200-Day Simple Moving Average of -5.74%.

The Company currently has ROA (Return on Assets) of 14.4 percent, Return on Equity (ROE) of 42 Percent and Return on Investment (ROI) of 18.1% with Gross margin of 15.9 percent and Operating & Profit margin of 5.3% and 3.8% respectively.