AtriCure - ATRC Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AtriCure in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATRC shares.
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4 equities research analysts have issued twelve-month target prices for AtriCure's shares. Their ATRC share price forecasts range from $50.00 to $71.00. On average, they expect the company's share price to reach $60.67 in the next year. This suggests a possible upside of 28.5% from the stock's current price.
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AtriCure's stock was trading at $44.38 at the beginning of the year. Since then, ATRC stock has increased by 6.4% and is now trading at $47.20.
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AtriCure saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 1,290,000 shares, a decline of 10.4% from the December 31st total of 1,440,000 shares. Based on an average trading volume of 269,100 shares, the short-interest ratio is presently 4.8 days. Currently, 2.8% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
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AtriCure will be holding an earnings conference call on Tuesday, February 21st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

AtriCure, Inc. (NASDAQ:ATRC) issued its quarterly earnings data on Wednesday, November, 3rd. The medical device company reported $2.11 EPS for the quarter, beating the consensus estimate of ($0.28) by $2.39. The medical device company had revenue of $70.46 million for the quarter, compared to analyst estimates of $68.95 million. AtriCure had a negative trailing twelve-month return on equity of 12.09% and a negative net margin of 17.76%. During the same quarter in the prior year, the firm posted ($0.11) EPS.

AtriCure updated its FY 2022 earnings guidance on Monday, January, 9th. The company provided earnings per share guidance of -$1.12--$1.10 for the period, compared to the consensus estimate of -$1.10. The company issued revenue guidance of $330.40 million-$330.40 million, compared to the consensus revenue estimate of $330.06 million.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other AtriCure investors own include AbbVie (ABBV), Gilead Sciences (GILD), Amgen (AMGN), Vertex Pharmaceuticals (VRTX), Enterprise Products Partners (EPD), Abbott Laboratories (ABT), Neurocrine Biosciences (NBIX), NVIDIA (NVDA), Pfizer (PFE) and Sarepta Therapeutics (SRPT).

AtriCure trades on the NASDAQ under the ticker symbol "ATRC."

AtriCure's stock is owned by many different institutional and retail investors. Top institutional investors include Emerald Advisers LLC (1.11%), Emerald Mutual Fund Advisers Trust (0.87%), New York State Common Retirement Fund (0.52%), Peregrine Capital Management LLC (0.34%), Congress Asset Management Co. MA (0.19%) and Oak Ridge Investments LLC (0.13%). Insiders that own company stock include Angela L Wirick, Angela L Wirick, David D Jr Grumhaus, Douglas J Seith, Justin J Noznesky, Justin J Noznesky, M Andrew Wade, Mark A Collar, Mark A Collar, Michael H Carrel, Regina E Groves, Salvatore Privitera, Scott William Drake, Sven Wehrwein, Tonya Austin and Vinayak Doraiswamy.
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Shares of ATRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATRC stock can currently be purchased for approximately $47.20.

AtriCure (NASDAQ:ATRC) has a market capitalization of $2.20 billion and generates $274.33 million in revenue each year. The medical device company earns $50.20 million in net income (profit) each year or ($1.22) on an earnings per share basis.

The company employs 875 workers across the globe.

AtriCure's mailing address is 7555 INNOVATION WAY, MASON OH, 45040. The official website for the company is www.atricure.com. The medical device company can be reached via phone at (513) 755-4100, via email at lynn@gilmartinir.com, or via fax at 513-755-4567.