Atlassian (NASDAQ:TEAM – Get Free Report) is one of 953 publicly-traded companies in the “Software” industry, but how does it weigh in compared to its rivals? We will compare Atlassian to related businesses based on the strength of its earnings, risk, institutional ownership, profitability, analyst recommendations, valuation and dividends.
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for Atlassian and its rivals, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Atlassian | 1 | 3 | 24 | 0 | 2.82 |
| Atlassian Competitors | 5747 | 21523 | 44878 | 1497 | 2.57 |
Atlassian presently has a consensus target price of $210.96, indicating a potential upside of 37.27%. As a group, “Software” companies have a potential upside of 28.79%. Given Atlassian’s stronger consensus rating and higher probable upside, equities analysts plainly believe Atlassian is more favorable than its rivals.
Risk & Volatility
Atlassian has a beta of 1.16, suggesting that its stock price is 16% more volatile than the S&P 500. Comparatively, Atlassian’s rivals have a beta of 1.21, suggesting that their average stock price is 21% more volatile than the S&P 500.
Valuation & Earnings
This table compares Atlassian and its rivals gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Atlassian | $6.57 billion | -$53.83 million | -808.84 |
| Atlassian Competitors | $1.79 billion | $385.91 million | 106.78 |
Atlassian has higher revenue, but lower earnings than its rivals. Atlassian is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Insider and Institutional Ownership
94.5% of Atlassian shares are owned by institutional investors. Comparatively, 41.8% of shares of all “Software” companies are owned by institutional investors. 37.6% of Atlassian shares are owned by insiders. Comparatively, 19.9% of shares of all “Software” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Profitability
This table compares Atlassian and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Atlassian | -0.82% | 20.99% | 4.36% |
| Atlassian Competitors | -612.64% | 20.88% | -8.99% |
Summary
Atlassian beats its rivals on 10 of the 13 factors compared.
About Atlassian
Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; and Jira Product, a prioritization and road mapping tool. Further, the company's portfolio includes Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd, a single sign-on; Crucible, a collaborative code review; Fisheye, a search, track, and visualize code change software; and Compass, a developer experience platform. Additionally, it offers Opsgenie, an on-call and alert management software; Sourcetree, a free git client for windows and mac; Statuspage that communicates real-time status to users; Beacon, an intelligent threat detection software; and Atlassian Access that enhance data security and governance for Atlassian Cloud products. The company was founded in 2002 and is headquartered in Sydney, Australia.
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