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ATRC

ATRC - AtriCure Inc Stock Price, Fair Value and News

23.16USD+0.53 (+2.34%)Market Closed

Market Summary

ATRC
USD23.16+0.53
Market Closed
2.34%

ATRC Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

ATRC Stock Price

View Fullscreen

ATRC RSI Chart

ATRC Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

-30.1

Price/Sales (Trailing)

2.7

EV/EBITDA

-55.57

Price/Free Cashflow

-45.32

ATRC Price/Sales (Trailing)

ATRC Profitability

Operating Margin

75.26%

EBT Margin

-8.81%

Return on Equity

-8.16%

Return on Assets

-6.29%

Free Cashflow Yield

-2.21%

ATRC Fundamentals

ATRC Revenue

Revenue (TTM)

414.6M

Rev. Growth (Yr)

16.43%

Rev. Growth (Qtr)

2.17%

ATRC Earnings

Earnings (TTM)

-37.2M

Earnings Growth (Yr)

-104.89%

Earnings Growth (Qtr)

-35.55%

Breaking Down ATRC Revenue

Last 7 days

2.9%

Last 30 days

-2.0%

Last 90 days

-30.8%

Trailing 12 Months

-53.5%

How does ATRC drawdown profile look like?

ATRC Financial Health

Current Ratio

4

Debt/Equity

0.14

Debt/Cashflow

-0.2

ATRC Investor Care

Shares Dilution (1Y)

2.41%

Diluted EPS (TTM)

-0.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024414.6M000
2023349.3M365.7M380.7M399.2M
2022289.6M302.8M315.6M330.4M
2021212.6M243.1M258.8M274.3M
2020230.1M212.0M210.1M206.5M
2019208.6M215.7M222.4M230.8M
2018180.4M187.0M194.8M201.6M
2017160.4M166.0M169.8M174.7M
2016135.8M142.9M149.8M155.1M
2015112.5M118.6M123.3M129.8M
201487.3M93.4M99.9M107.5M
201372.2M74.4M78.4M81.9M
201266.2M67.7M68.6M70.2M
201160.7M63.3M64.0M64.4M
2010056.0M57.5M59.0M
200900054.5M
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Tracking the Latest Insider Buys and Sells of AtriCure Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
noznesky justin j
sold
-36,135
24.09
-1,500
chief mktg & strategy officer
Apr 01, 2024
noznesky justin j
sold
-45,585
30.39
-1,500
chief mktg & strategy officer
Mar 18, 2024
dahlquist karl s.
sold
-60,621
32.16
-1,885
chief legal officer
Mar 14, 2024
carrel michael h
gifted
-
-
-2,000
president, ceo, & director
Mar 12, 2024
noznesky justin j
sold
-55,080
36.72
-1,500
chief mktg & strategy officer
Mar 05, 2024
dahlquist karl s.
sold
-307,510
37.36
-8,231
chief legal officer
Mar 01, 2024
yount deborah lee
sold (taxes)
-
-
-2,056
chief human resources officer
Mar 01, 2024
dahlquist karl s.
acquired
-
-
30,281
chief legal officer
Mar 01, 2024
seith douglas j
sold (taxes)
-529,543
36.28
-14,596
chief operating officer
Mar 01, 2024
noznesky justin j
acquired
-
-
28,622
chief mktg & strategy officer

1–10 of 50

Which funds bought or sold ATRC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
reduced
-47.65
-1,423,580
1,146,960
-%
May 16, 2024
COMERICA BANK
added
70.52
23,922
76,712
-%
May 16, 2024
Grandeur Peak Global Advisors, LLC
added
49.01
2,231,790
10,495,800
0.83%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.05
-339,182
1,439,320
-%
May 16, 2024
Virtus Investment Advisers, Inc.
unchanged
-
-22,160
127,916
0.09%
May 16, 2024
Colony Group, LLC
new
-
321,000
321,000
-%
May 15, 2024
Squarepoint Ops LLC
reduced
-18.59
-1,749,890
3,966,010
0.01%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
added
220
818,849
1,292,460
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-18.46
-4,802,290
10,943,400
-%
May 15, 2024
GOLDMAN SACHS GROUP INC
added
13.44
-419,964
12,271,400
-%

1–10 of 46

Are Funds Buying or Selling ATRC?

Are funds buying ATRC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ATRC
No. of Funds

Unveiling AtriCure Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
alliancebernstein l.p.
7.2%
3,394,036
SC 13G/A
Feb 13, 2024
vanguard group inc
10.06%
4,766,029
SC 13G/A
Feb 01, 2024
invesco ltd.
2.5%
1,162,050
SC 13G/A
Jan 25, 2024
blackrock inc.
8.8%
4,193,887
SC 13G/A
Dec 08, 2023
vanguard group inc
10.01%
4,745,971
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
7.7%
3,565,726
SC 13G/A
Feb 14, 2023
alger associates inc
3.8%
1,755,398
SC 13G/A
Feb 09, 2023
vanguard group inc
9.44%
4,389,815
SC 13G/A
Feb 03, 2023
blackrock inc.
8.0%
3,735,766
SC 13G/A
Feb 03, 2023
invesco ltd.
7.2%
3,367,324
SC 13G/A

Recent SEC filings of AtriCure Inc

View All Filings
Date Filed Form Type Document
May 14, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 14, 2024
8-K
Current Report
May 03, 2024
4
Insider Trading

Peers (Alternatives to AtriCure Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
181.0B
40.3B
-3.99% -3.65%
32.18
4.49
-2.84% -3.08%
68.3B
19.7B
2.45% -5.81%
51.24
3.46
4.82% -17.56%
20.4B
3.9B
-10.40% -6.17%
44.2
5.22
5.72% 46.72%
18.0B
14.9B
-11.17% -17.84%
6.79
1.21
2.98% 207.68%
MID-CAP
9.8B
3.5B
6.44% 23.99%
31.25
2.76
6.16% 35.06%
9.6B
12.5B
4.37% -2.87%
24.63
0.77
-0.61% -18.83%
8.4B
2.6B
0.92% -22.34%
-26.02
3.22
-6.25% -68.62%
5.9B
3.9B
-7.86% -29.32%
-62.84
1.49
0.23% 91.03%
3.4B
387.1M
0.46% 29.28%
-216.3
8.9
30.82% 65.57%
2.3B
6.6B
0.82% -4.37%
11.97
0.35
2.78% -0.87%
SMALL-CAP
1.3B
3.2B
2.50% -12.21%
-1.91
0.41
7.94% -1661.78%
376.6M
169.3M
- -1.96%
-4.9
2.23
7.49% -244.90%
241.9M
324.0M
-1.38% -32.77%
-1.26
0.75
-3.19% -337.41%
53.0M
50.5M
10.79% -74.07%
-2.32
1.05
14.25% -10.06%
1.0M
3.7M
-72.22% 29.03%
-0.09
0.28
5.77% 8.23%

AtriCure Inc News

Latest updates
MarketBeat • 31 hours ago
Yahoo Singapore News • 14 May 2024 • 09:16 pm
Yahoo Movies UK • 13 May 2024 • 10:46 am
Yahoo Singapore News • 08 May 2024 • 04:03 am
MarketBeat • 06 May 2024 • 07:00 am
Defense World • 24 Apr 2024 • 07:00 am
Yahoo Finance • 22 Mar 2024 • 07:00 am

AtriCure Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.2%108,851,000106,543,00098,290,000100,918,00093,494,00088,028,00083,246,00084,529,00074,576,00073,218,00070,460,00071,376,00059,275,00057,725,00054,757,00040,824,00053,225,00061,321,00056,614,00058,906,00053,966,000
Cost Of Revenue3.2%27,583,00026,728,00024,421,00023,841,00023,885,00022,915,00021,533,00021,010,00018,981,00018,202,00018,234,00017,298,00014,735,00015,288,00014,423,00013,170,00014,341,00016,547,00014,817,00015,013,00014,095,000
Gross Profit1.8%81,268,00079,815,00073,869,00077,077,00069,609,00065,113,00061,713,00063,519,00055,595,00055,016,00052,226,00054,078,00044,540,00042,437,00040,334,00027,654,00038,884,00044,774,00041,797,00043,893,00039,871,000
Operating Expenses4.2%92,185,00088,483,00081,958,00081,221,00075,391,00069,249,00072,436,00077,179,00069,745,00067,518,000-46,443,00069,155,00060,425,00059,940,00044,325,00034,939,00054,338,00060,100,00050,434,00047,732,00045,191,000
  S&GA Expenses6.9%72,340,00067,687,00061,604,00063,783,00060,064,00055,501,00057,267,00062,388,00056,116,00051,160,00049,873,00056,958,00049,208,00047,095,00033,557,00024,903,00042,751,00051,920,00040,280,00037,928,00037,015,000
  R&D Expenses-4.6%19,845,00020,796,00020,354,00017,438,00015,327,00013,748,00015,169,00014,791,00013,629,00013,808,00011,284,00012,197,00011,217,00010,871,00010,576,00010,036,00011,587,00013,096,00010,154,0009,804,0008,176,000
EBITDA Margin-43.8%-0.05-0.03-0.02-0.03-0.07-0.10-0.140.220.220.230.23-0.18---------
Interest Expenses-6.7%1,677,0001,798,0001,772,0001,719,0001,636,0001,561,0001,324,0001,101,0001,000,0001,083,0001,449,0001,197,0001,189,0001,194,0001,232,0001,231,0001,228,0001,257,0001,113,000879,000862,000
Income Taxes-50.9%183,000373,00047,00093,00078,000121,00046,00045,00056,00053,00038,00066,00031,00098,000-4,00012,0008,00048,00075,00010,00066,000
Earnings Before Taxes-39.0%-13,086,000-9,416,000-9,008,000-5,025,000-6,398,000-4,049,000-12,226,000-14,796,000-15,127,000-13,688,00097,146,000-16,185,000-16,886,000-18,464,000-4,953,000-8,224,000-16,400,000-16,048,000-9,287,000-4,091,000-5,569,000
EBT Margin-17.9%-0.09-0.07-0.06-0.08-0.11-0.14-0.180.180.180.180.18-0.23---------
Net Income-35.6%-13,269,000-9,789,000-9,055,000-5,118,000-6,476,000-4,170,000-12,272,000-14,841,000-15,183,000-13,741,00097,108,000-16,251,000-16,917,000-18,562,000-4,949,000-8,236,000-16,408,000-16,096,000-9,362,000-4,101,000-5,635,000
Net Income Margin-17.8%-0.09-0.08-0.07-0.08-0.11-0.14-0.180.180.180.180.18-0.23---------
Free Cashflow-2012.4%-23,790,0001,244,000-2,108,000-69,000-6,581,000-4,125,000-6,929,00045,000-28,013,000-2,409,000-1,736,000-8,746,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-3.6%592614600594583585582587585615613701700715708704528558561343338
  Current Assets-7.9%245266253238238215212206200196196236298307296292127143138147155
    Cash Equivalents-22.9%65.0084.0081.0067.0077.0058.0049.0055.0028.0044.0040.0068.0085.0042.0033.0089.0022.0028.0033.0025.0021.00
  Inventory6.0%72.0068.0062.0055.0049.0046.0044.0041.0041.0039.0039.0038.0036.0035.0034.0033.0032.0029.0028.0024.0024.00
  Net PPE-------39.0036.0033.0031.0030.0030.0028.0028.0029.0030.0032.0033.0031.0028.0027.00
  Goodwill0%235235235235235235235235235235235235235235235235235235236105105
Liabilities-8.4%13514813713212812913213112213212531630930229028730031130310299.00
  Current Liabilities-17.9%61.0075.0083.0071.0062.0058.0058.0056.0047.0056.0054.0067.0058.0049.0045.0038.0039.0050.0044.0039.0035.00
  Long Term Debt2.1%62.0061.0042.0047.0052.0057.0060.0060.0060.0060.0056.0044.0049.0053.0050.0054.0058.0060.0060.0034.0033.00
    LT Debt, Non Current-100.0%-61.0042.0047.0052.0057.0060.0060.0060.0060.0056.0044.0049.0053.0050.0054.0058.0060.0060.0034.0033.00
Shareholder's Equity-2.1%456466463462455457450457463484488385391412418417227247258242239
  Retained Earnings-3.7%-370-357-347-338-333-326-322-310-295-280-266-363-347-330-311-306-298-282-266-256-252
  Additional Paid-In Capital0.4%827824812803791787778771762765755749738742729724526530525498492
Shares Outstanding1.8%48.0048.0047.0047.0047.0047.0046.0046.0046.0045.0045.0045.00---------
Float----2,276---1,852---3,556---1,961---1,111-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-621.5%-21,0164,0301,5223,011-4,07946.00-1,7844,229-24,632301-232-4,533-9,3163,9543,812-11,548-16,087-3,529-2,5903,746-13,438
  Share Based Compensation-0.5%9,2659,3128,6618,9958,7607,1977,0017,5247,0497,5396,7947,1416,6046,5165,5496,1934,3845,1614,2874,3754,154
Cashflow From Investing446.2%9,644-2,78611,870-16,08028,8137,002-3,23920,52119,7221,077-25,101-16,05963,587-1,980-58,737-112,81217,331-2,601-9,633-93011,017
Cashflow From Financing-433.3%-7,8622,3591322,994-5,5171,982-4051,861-10,4972,507-2,2602,818-10,7076,453-301191,074-7,8341,35420,2931,696-8,970
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ATRC Income Statement

2024-03-31
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenue$ 108,851$ 93,494
Cost of revenue27,58323,885
Gross profit81,26869,609
Operating expenses:  
Research and development expenses19,84515,327
Selling, general and administrative expenses72,34060,064
Total operating expenses92,18575,391
Loss from operations(10,917)(5,782)
Other income (expense):  
Interest expense(1,677)(1,636)
Interest income952875
Loss on debt extinguishment(1,362)0
Other income (expense)(82)145
Loss before income tax expense(13,086)(6,398)
Income tax expense18378
Net loss$ (13,269)$ (6,476)
Net (loss) income per share  
Basic net loss per common share (in usd per share)$ (0.28)$ (0.14)
Diluted net loss per common share (in usd per share)$ (0.28)$ (0.14)
Weighted average shares outstanding  
Weighted average shares outstanding—basic (in shares)46,71946,107
Weighted average shares outstanding—diluted (in shares)46,71946,107
Comprehensive income (loss):  
Unrealized gain on investments$ 539$ 1,041
Foreign currency translation adjustment(243)(17)
Other comprehensive income2961,024
Net loss(13,269)(6,476)
Comprehensive loss, net of tax$ (12,973)$ (5,452)

ATRC Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 64,967$ 84,310
Short-term investments40,99052,975
Accounts receivable, less allowance for credit losses of $350 and $50055,31952,501
Inventories71,94567,897
Prepaid and other current assets12,0048,563
Total current assets245,225266,246
Property and equipment, net42,03542,435
Operating lease right-of-use assets4,1994,324
Intangible assets, net62,12363,986
Goodwill234,781234,781
Other noncurrent assets3,2652,160
Total Assets591,628613,932
Current liabilities:  
Accounts payable28,99127,354
Accrued liabilities29,71944,682
Current maturities of lease liabilities2,5422,533
Total current liabilities61,25274,569
Long-term debt61,86560,593
Finance and operating lease liabilities10,95611,368
Other noncurrent liabilities1,2421,234
Total Liabilities135,315147,764
Commitments and contingencies (Note 9)
Stockholders’ Equity:  
Common stock, $0.000 par value, 90,000 shares authorized and 48,381 and 47,526 issued and outstanding4848
Additional paid-in capital827,288824,170
Accumulated other comprehensive loss(697)(993)
Accumulated deficit(370,326)(357,057)
Total Stockholders’ Equity456,313466,168
Total Liabilities and Stockholders’ Equity$ 591,628$ 613,932
ATRC
AtriCure, Inc. develops, manufactures, and sells devices for the surgical ablation of cardiac tissue and systems, and intercostal nerves to medical centers in the United States, Europe, Asia, and internationally. The company offers Isolator Synergy Clamps, a 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 enable 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 Guided Coagulation System, a single-use disposable device used for the treatment of symptomatic, drug-refractory, and long-standing persistent atrial fibrillation; AtriClip System, an implantable device coupled to a single-use disposable applier; and LARIAT System, a suture-based solution for soft-tissue closure compatible with a range of anatomical shapes. 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, which are used during surgical procedures for repair or replacement of certain heart valves. 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.
 CEO
 WEBSITEatricure.com
 INDUSTRYMedical Instruments & Supplies
 EMPLOYEES1050

AtriCure Inc Frequently Asked Questions


What is the ticker symbol for AtriCure Inc? What does ATRC stand for in stocks?

ATRC is the stock ticker symbol of AtriCure Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AtriCure Inc (ATRC)?

As of Thu May 16 2024, market cap of AtriCure Inc is 1.09 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATRC stock?

You can check ATRC's fair value in chart for subscribers.

What is the fair value of ATRC stock?

You can check ATRC's fair value in chart for subscribers. The fair value of AtriCure Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AtriCure Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATRC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AtriCure Inc a good stock to buy?

The fair value guage provides a quick view whether ATRC is over valued or under valued. Whether AtriCure Inc is cheap or expensive depends on the assumptions which impact AtriCure Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATRC.

What is AtriCure Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, ATRC's PE ratio (Price to Earnings) is -29.41 and Price to Sales (PS) ratio is 2.64. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATRC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AtriCure Inc's stock?

In the past 10 years, AtriCure Inc has provided 0.037 (multiply by 100 for percentage) rate of return.