ATRC RSI Chart
Last 7 days
-9.5%
Last 30 days
-26.6%
Last 90 days
-29.0%
Trailing 12 Months
-43.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 349.3M | 365.7M | 380.7M | 399.2M |
2022 | 289.6M | 302.8M | 315.6M | 330.4M |
2021 | 212.6M | 243.1M | 258.8M | 274.3M |
2020 | 230.1M | 212.0M | 210.1M | 206.5M |
2019 | 208.6M | 215.7M | 222.4M | 230.8M |
2018 | 180.4M | 187.0M | 194.8M | 201.6M |
2017 | 160.4M | 166.0M | 169.8M | 174.7M |
2016 | 135.8M | 142.9M | 149.8M | 155.1M |
2015 | 112.5M | 118.6M | 123.3M | 129.8M |
2014 | 87.3M | 93.4M | 99.9M | 107.5M |
2013 | 72.2M | 74.4M | 78.4M | 81.9M |
2012 | 66.2M | 67.7M | 68.6M | 70.2M |
2011 | 60.7M | 63.3M | 64.0M | 64.4M |
2010 | 0 | 56.0M | 57.5M | 59.0M |
2009 | 0 | 0 | 0 | 54.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | 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 |
Mar 01, 2024 | privitera salvatore | acquired | - | - | 26,427 | chief technical officer |
Mar 01, 2024 | carrel michael h | sold (taxes) | -1,735,050 | 36.28 | -47,824 | president, ceo, & director |
Which funds bought or sold ATRC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 15, 2024 | WEST PACES ADVISORS INC. | unchanged | - | -131 | 761 | -% |
Apr 09, 2024 | MASSMUTUAL TRUST CO FSB/ADV | sold off | -100 | -357 | - | -% |
Apr 09, 2024 | MATHER GROUP, LLC. | new | - | 5,889 | 5,889 | -% |
Apr 05, 2024 | LOS ANGELES CAPITAL MANAGEMENT LLC | new | - | 842,421 | 842,421 | -% |
Apr 05, 2024 | CWM, LLC | reduced | -41.77 | -3,000 | 3,000 | -% |
Apr 03, 2024 | Versant Capital Management, Inc | new | - | 213 | 213 | -% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 2.25 | -43,882 | 219,137 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | new | - | 2,028,940 | 2,028,940 | 0.01% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 1.62 | -35,317,300 | 170,100,000 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 193 | 14,780,700 | 25,382,800 | -% |
Unveiling AtriCure Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to AtriCure Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ABT | 183.7B | 40.1B | 32.1 | 4.58 | ||||
BDX | 67.1B | 19.5B | 53.41 | 3.44 | ||||
ALGN | 22.6B | 3.9B | 50.69 | 5.84 | ||||
BAX | 20.1B | 14.8B | 7.56 | 1.35 | ||||
MID-CAP | ||||||||
ATR | 9.1B | 3.5B | 32.12 | 2.62 | ||||
HSIC | 9.0B | 12.3B | 21.69 | 0.73 | ||||
BIO | 8.5B | 2.7B | -13.34 | 3.18 | ||||
XRAY | 6.3B | 4.0B | -46.81 | 1.59 | ||||
AXNX | 3.4B | 366.4M | -564.74 | 9.35 | ||||
PDCO | 2.3B | 6.6B | 11.91 | 0.35 | ||||
SMALL-CAP | ||||||||
AHCO | 1.3B | 3.2B | -1.85 | 0.39 | ||||
ANIK | 381.5M | 166.7M | -4.61 | 2.29 | ||||
ANGO | 253.5M | 324.0M | -1.32 | 0.78 | ||||
APYX | 45.7M | 52.3M | -2.44 | 0.87 | ||||
AEMD | 3.7M | 3.7M | -0.3 | 0.99 |
AtriCure Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 8.4% | 106,543,000 | 98,290,000 | 100,918,000 | 93,494,000 | 88,028,000 | 83,246,000 | 84,529,000 | 74,576,000 | 73,218,000 | 70,460,000 | 71,376,000 | 59,275,000 | 57,725,000 | 54,757,000 | 40,824,000 | 53,225,000 | 61,321,000 | 56,614,000 | 58,906,000 | 53,966,000 | 52,893,000 |
Cost Of Revenue | 9.4% | 26,728,000 | 24,421,000 | 23,841,000 | 23,885,000 | 22,915,000 | 21,533,000 | 21,010,000 | 18,981,000 | 18,202,000 | 18,234,000 | 17,298,000 | 14,735,000 | 15,288,000 | 14,423,000 | 13,170,000 | 14,341,000 | 16,547,000 | 14,817,000 | 15,013,000 | 14,095,000 | 14,303,000 |
Gross Profit | 8.0% | 79,815,000 | 73,869,000 | 77,077,000 | 69,609,000 | 65,113,000 | 61,713,000 | 63,519,000 | 55,595,000 | 55,016,000 | 52,226,000 | 54,078,000 | 44,540,000 | 42,437,000 | 40,334,000 | 27,654,000 | 38,884,000 | 44,774,000 | 41,797,000 | 43,893,000 | 39,871,000 | 38,590,000 |
Operating Expenses | 8.0% | 88,483,000 | 81,958,000 | 81,221,000 | 75,391,000 | 69,249,000 | 72,436,000 | 77,179,000 | 69,745,000 | 67,518,000 | -46,443,000 | 69,155,000 | 60,425,000 | 59,940,000 | 44,325,000 | 34,939,000 | 54,338,000 | 60,100,000 | 50,434,000 | 47,732,000 | 45,191,000 | 41,197,000 |
S&GA Expenses | 9.9% | 67,687,000 | 61,604,000 | 63,783,000 | 60,064,000 | 55,501,000 | 57,267,000 | 62,388,000 | 56,116,000 | 51,160,000 | 49,873,000 | 56,958,000 | 49,208,000 | 47,095,000 | 33,557,000 | 24,903,000 | 42,751,000 | 51,920,000 | 40,280,000 | 37,928,000 | 37,015,000 | 32,742,000 |
R&D Expenses | 2.2% | 20,796,000 | 20,354,000 | 17,438,000 | 15,327,000 | 13,748,000 | 15,169,000 | 14,791,000 | 13,629,000 | 13,808,000 | 11,284,000 | 12,197,000 | 11,217,000 | 10,871,000 | 10,576,000 | 10,036,000 | 11,587,000 | 13,096,000 | 10,154,000 | 9,804,000 | 8,176,000 | 8,455,000 |
EBITDA Margin | -48.7% | -0.03 | -0.02 | -0.03 | -0.07 | -0.10 | -0.14 | 0.22 | 0.22 | 0.23 | 0.23 | -0.18 | -0.17 | - | - | - | - | - | - | - | - | - |
Interest Expenses | 1.5% | 1,798,000 | 1,772,000 | 1,719,000 | 1,636,000 | 1,561,000 | 1,324,000 | 1,101,000 | 1,000,000 | 1,083,000 | 1,449,000 | 1,197,000 | 1,189,000 | 1,194,000 | 1,232,000 | 1,231,000 | 1,228,000 | 1,257,000 | 1,113,000 | 879,000 | 862,000 | 1,320,000 |
Income Taxes | 693.6% | 373,000 | 47,000 | 93,000 | 78,000 | 121,000 | 46,000 | 45,000 | 56,000 | 53,000 | 38,000 | 66,000 | 31,000 | 98,000 | -4,000 | 12,000 | 8,000 | 48,000 | 75,000 | 10,000 | 66,000 | 79,000 |
Earnings Before Taxes | -4.5% | -9,416,000 | -9,008,000 | -5,025,000 | -6,398,000 | -4,049,000 | -12,226,000 | -14,796,000 | -15,127,000 | -13,688,000 | 97,146,000 | -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 | -3,351,000 |
EBT Margin | -16.3% | -0.07 | -0.06 | -0.08 | -0.11 | -0.14 | -0.18 | 0.18 | 0.18 | 0.18 | 0.18 | -0.23 | -0.23 | - | - | - | - | - | - | - | - | - |
Net Income | -8.1% | -9,789,000 | -9,055,000 | -5,118,000 | -6,476,000 | -4,170,000 | -12,272,000 | -14,841,000 | -15,183,000 | -13,741,000 | 97,108,000 | -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 | -3,430,000 |
Net Income Margin | -17.0% | -0.08 | -0.07 | -0.08 | -0.11 | -0.14 | -0.18 | 0.18 | 0.18 | 0.18 | 0.18 | -0.23 | -0.23 | - | - | - | - | - | - | - | - | - |
Free Cashflow | 159.0% | 1,244,000 | -2,108,000 | -69,000 | -6,581,000 | -4,125,000 | -6,929,000 | 45,000 | -28,013,000 | -2,409,000 | -1,736,000 | -8,746,000 | -10,642,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.3% | 614 | 600 | 594 | 583 | 585 | 582 | 587 | 585 | 615 | 613 | 701 | 700 | 715 | 708 | 704 | 528 | 558 | 561 | 343 | 338 | 357 |
Current Assets | 5.4% | 266 | 253 | 238 | 238 | 215 | 212 | 206 | 200 | 196 | 196 | 236 | 298 | 307 | 296 | 292 | 127 | 143 | 138 | 147 | 155 | 175 |
Cash Equivalents | 4.6% | 84.00 | 81.00 | 67.00 | 77.00 | 58.00 | 49.00 | 55.00 | 28.00 | 44.00 | 40.00 | 68.00 | 85.00 | 42.00 | 33.00 | 89.00 | 22.00 | 28.00 | 33.00 | 25.00 | 21.00 | 32.00 |
Inventory | 9.7% | 68.00 | 62.00 | 55.00 | 49.00 | 46.00 | 44.00 | 41.00 | 41.00 | 39.00 | 39.00 | 38.00 | 36.00 | 35.00 | 34.00 | 33.00 | 32.00 | 29.00 | 28.00 | 24.00 | 24.00 | 22.00 |
Net PPE | - | - | - | - | - | - | 39.00 | 36.00 | 33.00 | 31.00 | 30.00 | 30.00 | 28.00 | 28.00 | 29.00 | 30.00 | 32.00 | 33.00 | 31.00 | 28.00 | 27.00 | 27.00 |
Goodwill | 0% | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 235 | 236 | 105 | 105 | 105 |
Liabilities | 7.5% | 148 | 137 | 132 | 128 | 129 | 132 | 131 | 122 | 132 | 125 | 316 | 309 | 302 | 290 | 287 | 300 | 311 | 303 | 102 | 99.00 | 107 |
Current Liabilities | -9.7% | 75.00 | 83.00 | 71.00 | 62.00 | 58.00 | 58.00 | 56.00 | 47.00 | 56.00 | 54.00 | 67.00 | 58.00 | 49.00 | 45.00 | 38.00 | 39.00 | 50.00 | 44.00 | 39.00 | 35.00 | 40.00 |
Long Term Debt | 43.7% | 61.00 | 42.00 | 47.00 | 52.00 | 57.00 | 60.00 | 60.00 | 60.00 | 60.00 | 56.00 | 44.00 | 49.00 | 53.00 | 50.00 | 54.00 | 58.00 | 60.00 | 60.00 | 34.00 | 33.00 | 36.00 |
LT Debt, Non Current | 43.7% | 61.00 | 42.00 | 47.00 | 52.00 | 57.00 | 60.00 | 60.00 | 60.00 | 60.00 | 56.00 | 44.00 | 49.00 | 53.00 | 50.00 | 54.00 | 58.00 | 60.00 | 60.00 | 34.00 | 33.00 | 36.00 |
Shareholder's Equity | 0.7% | 466 | 463 | 462 | 455 | 457 | 450 | 457 | 463 | 484 | 488 | 385 | 391 | 412 | 418 | 417 | 227 | 247 | 258 | 242 | 239 | 249 |
Retained Earnings | -2.8% | -357 | -347 | -338 | -333 | -326 | -322 | -310 | -295 | -280 | -266 | -363 | -347 | -330 | -311 | -306 | -298 | -282 | -266 | -256 | -252 | -247 |
Additional Paid-In Capital | 1.5% | 824 | 812 | 803 | 791 | 787 | 778 | 771 | 762 | 765 | 755 | 749 | 738 | 742 | 729 | 724 | 526 | 530 | 525 | 498 | 492 | 497 |
Shares Outstanding | 0.3% | 48.00 | 47.00 | 47.00 | 47.00 | 47.00 | 46.00 | 46.00 | 46.00 | 45.00 | 45.00 | 45.00 | 45.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 2,276 | - | - | - | 1,852 | - | - | - | 3,556 | - | - | - | 1,961 | - | - | - | 1,111 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 164.8% | 4,030 | 1,522 | 3,011 | -4,079 | 46.00 | -1,784 | 4,229 | -24,632 | 301 | -232 | -4,533 | -9,316 | 3,954 | 3,812 | -11,548 | -16,087 | -3,529 | -2,590 | 3,746 | -13,438 | 985 |
Share Based Compensation | 7.5% | 9,312 | 8,661 | 8,995 | 8,760 | 7,197 | 7,001 | 7,524 | 7,049 | 7,539 | 6,794 | 7,141 | 6,604 | 6,516 | 5,549 | 6,193 | 4,384 | 5,161 | 4,287 | 4,375 | 4,154 | 4,829 |
Cashflow From Investing | -123.5% | -2,786 | 11,870 | -16,080 | 28,813 | 7,002 | -3,239 | 20,521 | 19,722 | 1,077 | -25,101 | -16,059 | 63,587 | -1,980 | -58,737 | -112,812 | 17,331 | -2,601 | -9,633 | -930 | 11,017 | -70,826 |
Cashflow From Financing | 1687.1% | 2,359 | 132 | 2,994 | -5,517 | 1,982 | -405 | 1,861 | -10,497 | 2,507 | -2,260 | 2,818 | -10,707 | 6,453 | -301 | 191,074 | -7,834 | 1,354 | 20,293 | 1,696 | -8,970 | 84,129 |
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Revenue | $ 399,245 | $ 330,379 | $ 274,329 |
Cost of revenue | 98,875 | 84,439 | 68,469 |
Gross profit | 300,370 | 245,940 | 205,860 |
Operating expenses (benefit): | |||
Research and development expenses | 73,915 | 57,337 | 48,506 |
Selling, general and administrative expenses | 253,138 | 231,272 | 204,649 |
Change in fair value of contingent consideration (Note 2) | 0 | 0 | (184,800) |
Intangible asset impairment (Note 4) | 0 | 0 | 82,300 |
Total operating expenses | 327,053 | 288,609 | 150,655 |
(Loss) income from operations | (26,683) | (42,669) | 55,205 |
Other income (expense): | |||
Interest expense | (6,925) | (4,986) | (4,918) |
Interest income | 3,792 | 1,994 | 466 |
Other | (31) | (537) | (366) |
(Loss) income before income tax expense | (29,847) | (46,198) | 50,387 |
Income tax expense | 591 | 268 | 188 |
Net (loss) income | $ (30,438) | $ (46,466) | $ 50,199 |
Net (loss) income per share: | |||
Basic net (loss) income per share (in usd per share) | $ (0.66) | $ (1.02) | $ 1.11 |
Diluted net (loss) income per share (in usd per share) | $ (0.66) | $ (1.02) | $ 1.09 |
Weighted average shares outstanding: | |||
Weighted average shares outstanding, basic (in shares) | 46,309 | 45,740 | 45,066 |
Weighted average shares outstanding, diluted (in shares) | 46,309 | 45,740 | 46,039 |
Comprehensive (loss) income: | |||
Unrealized gain (loss) on investments | $ 2,898 | $ (2,811) | $ (941) |
Foreign currency translation adjustment | 205 | (337) | (319) |
Other comprehensive income (loss) | 3,103 | (3,148) | (1,260) |
Net (loss) income | (30,438) | (46,466) | 50,199 |
Comprehensive (loss) income, net of tax | $ (27,335) | $ (49,614) | $ 48,939 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 84,310 | $ 58,099 |
Short-term investments | 52,975 | 63,014 |
Accounts receivable, less allowance for credit losses of $500 and $230 | 52,501 | 42,693 |
Inventories | 67,897 | 45,931 |
Prepaid and other current assets | 8,563 | 5,477 |
Total current assets | 266,246 | 215,214 |
Assets, Noncurrent | ||
Long-term investments | 0 | 51,509 |
Property and equipment, net | 42,435 | 38,833 |
Operating lease right-of-use assets | 4,324 | 3,787 |
Intangible assets, net | 63,986 | 39,339 |
Goodwill | 234,781 | 234,781 |
Other noncurrent assets | 2,160 | 1,985 |
Total Assets | 613,932 | 585,448 |
Current liabilities: | ||
Accounts payable | 27,354 | 19,898 |
Accrued liabilities | 44,682 | 33,022 |
Current maturities of debt and leases | 2,533 | 5,472 |
Total current liabilities | 74,569 | 58,392 |
Long-term debt | 60,593 | 56,834 |
Finance lease liabilities | 8,061 | 9,147 |
Operating lease liabilities | 3,307 | 3,095 |
Other noncurrent liabilities | 1,234 | 1,226 |
Total Liabilities | 147,764 | 128,694 |
Commitments and contingencies (Note 10) | ||
Stockholders’ Equity: | ||
Common stock, $0.001 par value, 90,000 shares authorized; 47,526 and 46,563 issued and outstanding | 48 | 47 |
Additional paid-in capital | 824,170 | 787,422 |
Accumulated other comprehensive loss | (993) | (4,096) |
Accumulated deficit | (357,057) | (326,619) |
Total Stockholders’ Equity | 466,168 | 456,754 |
Total Liabilities and Stockholders’ Equity | $ 613,932 | $ 585,448 |