Earnings and Growth Analysis : Alphatec (NASDAQ:ATEC)

Earnings results for Alphatec (NASDAQ:ATEC)

Alphatec Holdings, Inc. is expected* to report earnings on 05/06/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.19. The reported EPS for the same quarter last year was $-0.33.

Alphatec last released its quarterly earnings results on March 4th, 2021. The medical technology company reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by $0.12. The business had revenue of $43.95 million for the quarter, compared to the consensus estimate of $43.87 million. Alphatec has generated ($1.09) earnings per share over the last year. Alphatec has confirmed that its next quarterly earnings report will be published on Thursday, May 6th, 2021.

Analyst Opinion on Alphatec (NASDAQ:ATEC)

7 Wall Street analysts have issued ratings and price targets for Alphatec in the last 12 months. Their average twelve-month price target is $15.43, predicting that the stock has a possible upside of 0.06%. The high price target for ATEC is $20.00 and the low price target for ATEC is $9.00. There are currently 7 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Alphatec has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $15.43, Alphatec has a forecasted upside of 0.1% from its current price of $15.42. Alphatec has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Alphatec (NASDAQ:ATEC)

Alphatec does not currently pay a dividend. Alphatec does not have a long track record of dividend growth.

Insiders buying/selling: Alphatec (NASDAQ:ATEC)

In the past three months, Alphatec insiders have sold 4,134.00% more of their company’s stock than they have bought. Specifically, they have bought $49,140.00 in company stock and sold $2,080,587.00 in company stock. Only 28.18% of the stock of Alphatec is held by insiders. Only 31.76% of the stock of Alphatec is held by institutions.

Earnings and Valuation of Alphatec (NASDAQ:ATEC

Earnings for Alphatec are expected to grow in the coming year, from ($1.05) to ($0.68) per share. The P/E ratio of Alphatec is -14.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Alphatec is -14.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Alphatec has a P/B Ratio of 21.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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