Atlassian Corporation PLC (NASDAQ: TEAM) is one of 116 public companies in the “Software” industry, but how does it contrast to its peers? We will compare Atlassian Corporation PLC to related companies based on the strength of its institutional ownership, valuation, risk, dividends, earnings, profitability and analyst recommendations.
Volatility and Risk
Atlassian Corporation PLC has a beta of 2.8, meaning that its stock price is 180% more volatile than the S&P 500. Comparatively, Atlassian Corporation PLC’s peers have a beta of 0.91, meaning that their average stock price is 9% less volatile than the S&P 500.
This table compares Atlassian Corporation PLC and its peers’ 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||-44.68%||-26.53%||-8.95%|
Earnings & Valuation
This table compares Atlassian Corporation PLC and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Atlassian Corporation PLC||$619.94 million||-$42.50 million||-217.78|
|Atlassian Corporation PLC Competitors||$2.28 billion||$423.93 million||439.48|
Atlassian Corporation PLC’s peers have higher revenue and earnings than Atlassian Corporation PLC. Atlassian Corporation PLC is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This is a summary of recent ratings and target prices for Atlassian Corporation PLC and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Atlassian Corporation PLC||0||4||9||0||2.69|
|Atlassian Corporation PLC Competitors||280||2092||4405||86||2.63|
Atlassian Corporation PLC presently has a consensus target price of $48.44, indicating a potential downside of 7.32%. As a group, “Software” companies have a potential upside of 4.09%. Given Atlassian Corporation PLC’s peers higher probable upside, analysts clearly believe Atlassian Corporation PLC has less favorable growth aspects than its peers.
Institutional & Insider Ownership
74.4% of Atlassian Corporation PLC shares are owned by institutional investors. Comparatively, 60.5% of shares of all “Software” companies are owned by institutional investors. 17.8% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Atlassian Corporation PLC beats its peers 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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