JUMP REPORT
| Avg Daily Volume: 1,496,390 Market Cap: 30.85B Sector: None Short Interest: 10.82 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .24/share REV: 351.50/M
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LAST QTR: EPS: .16/share ACTUAL: .20/share (BEAT)
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NEXT QTR: EPS: .26/share REV: 381.50/M
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FULL YR: EPS: 1.01/share REV: 1,550/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 73% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 11.36, -9.83, 7.61
EXPECTED JUMP MOVE: 10-12%
Links To Latest News and Headlines
These companies headquartered outside the U.S. could help diversify your portfolio and put your mind at ease.
TEAM, Anywhere/SAN FRANCISCO, October 12, 2021–Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, today announced that it will release financial results for its first quarter of fiscal year 2022 ended September 30, 2021 after market close on Thursday, October 28, 2021. Atlassian will host a webcast and conference call to discuss the financial results at 2:00 P.M. Pacific Time. In conjunction with its earnings press release, Atlassian wi
Mizuho analyst Gregg Moskowitz raised the price target on Atlassian Corporation PLC (NASDAQ: TEAM) to $440 from $370, implying a 13.2% upside, and reiterated a Buy. The analyst has learned that Atlassian recently announced a series of price changes to cloud versions of its flagship products Jira Software, Confluence, and Jira Service Management. The new pricing will be effective next on October 12, Moskowitz notes. While the changes “feature a series of puts and takes,” the net effect is a “clea
Shares of Atlassian Corp. rose 0.3% in premarket trading Friday, after Mizuho analyst Gregg Moskowitz said he was a little more bullish on the Australia-based software company after learning of price changes to cloud versions of the company’s flagship products. Moskowitz said the new pricing will take effect on Oct. 12. He reiterated the buy rating he’s had on the stock for at least the past 2 1/2 years, while boosting his price target to $440 from $370. “While the [price] changes feature a seri
Atlassian is the Stocks To Watch pick as it offers a new entry while rebounding off a key benchmark. TEAM stock is up 70% so far in 2021.
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ANALYSIS:
StockJumpers trajectory analysis reveals a positive market reaction to the news release. We see a beat on sales and earnings and the stock price going up post release.
We are long on the event
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OUR TRADE PLAN:
ENTRY: BUY – end of day
STOP LOSS: NA
INITIAL PROFIT TARGET: 8%
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TRADE ASSIST: YES
POST RELEASE ACTION:
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There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.
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