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How to Buy Atricure Stock

Atricure Inc

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.

Atricure stock last closed at $23.39, up 5.41% from the previous day, and has decreased 53.23% in one year. It has underperformed other stocks in the Medical Instruments & Supplies industry by 0.45 percentage points. Atricure stock is currently +23.5% from its 52-week low of $18.94, and -60.76% from its 52-week high of $59.61.

At the moment, there are 48.38M shares of ATRC outstanding. The market cap of ATRC is $1.13B. In the past 24 hours, 1.26M ATRC shares were traded.

How to Buy Atricure Stock

Wondering how to invest in Atricure stock? Here's how.
  1. Choose where to buy Atricure stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Atricure stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Select your method of payment and add your information.
  4. Evaluate Atricure stock: The Atricure ticker symbol is ATRC. Is Atricure stock a good investment? Should you buy shares of ATRC? How do ATRC's underlying business fundamentals look? Do top analysts think Atricure is a good buy? Why has ATRC's stock price moved recently? (Hint: Our stock research website can help you decide if ATRC is a good stock to buy).
  5. Place your ATRC trade: Decide if you will purchase ATRC shares at the current market price or use a limit order to buy ATRC stock at a given price.
  6. Watch your investment in ATRC: Create a watchlist to keep track of your investment in Atricure stock.

Step 1: Choose where to buy Atricure stock

You need a brokerage account to access the NASDAQ market and buy ATRC stock.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to invest in ATRC today.

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Step 3: Fund your brokerage account

Now that you've created your account on apps for stocks, your next step is to transfer the money for your investment:

Check out the tutorial below if you need help transferring funds into your new brokerage account.

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Step 4: Evaluate Atricure stock

After you have figured out the best place to buy Atricure stock, it's critical to analyze their stock before you invest, so you can wrap your head around the risk and opportunity.

Atricure Numbers

ATRC Price
$23.39
1w %
-1.18%
1y %
-53.23%
5y %
-27.22%
P/E
-29.24x
P/B
2.48x
P/S
2.64x
PEG
N/A
Revenue
$414.60M
Earnings
-$37.23M
Fore. Rev. Growth
12.82%
Fore. Earn. Growth
N/A
Market Cap
$1.13B
Next Earnings
Jul 23, 2024
Next Dividend
N/A

Atricure Fundamentals

WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on ATRC's stock page.

Is ATRC stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge ATRC's intrinsic value.

Using relative valuations ratios:

  • ATRC may be undervalued based on its P/B ratio of 2.48x, relative to Medical Instruments & Supplies industry P/B ratio of 3.68x

You can access additional valuation analysis on ATRC's stock here.

ATRC Financials at a glance

Passed Health Checks:

  • Total ATRC debt is lower than 5 years ago, relative to shareholder equity.
  • ATRC profit margin has gone up from -10.8% to -9% in the past year.
  • There are more short-term assets than short-term liabilities on the ATRC balance sheet.
  • ATRC has cash burn of 54723000. It has sufficient cash and short-term investments to cover this for at least one year.
  • ATRC has a low debt to equity ratio of 0.3.
  • There are more short-term assets than long-term liabilities on the ATRC balance sheet.

Failed Health Checks:

  • ATRC has $105.96M in cash and short term investments. This is not sufficient to cover its annual cash burn of $54.72M.

Is it a good time to buy Atricure stock, according to Wall Street analysts?

Out of 6 Equities analysts who monitor ATRC, the consensus analyst rating on Atricure is a Strong Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent ATRC Analyst Upgrades/Downgrades

Rick Wise, a top 7% analyst from Stifel Nicolaus maintains ATRC with a strong buy rating and lowers their ATRC price target from $50.00 to $42.00, on Feb 16, 2024.

You can dig deeper into what analysts are forecasting on the Atricure stock forecast page.

ATRC Technicals

SMA10
22.67
SMA20
22.23
SMA50
22.32
SMA100
26
SMA200
31.18
MACD
0.08
MACD Signal
-0.01
MACD Histogram
0.09
RSI
54.91
Stochastic %K
53.19
Stochastic %D
54.61
StochRSI %K
50.03
StochRSI %D
51.56

How is ATRC performing as a company?

Last year, ATRC revenue was $414.60M. During the last 5 year, ATRC's revenue has increased by 14.73% per year. This was faster than the Medical Instruments & Supplies industry average of 10.12%.

You can analyze ATRC's earnings and revenue performance here.

Are ATRC insiders buying or selling the stock?

In the last year, executives and large shareholders at ATRC have sold more shares than they have bought.

Michael H. Carrel, President CEO Director of ATRC, was the latest ATRC insider to buy. They bought $13,680.45 worth of ATRC shares on Jun 28, 2024.

Dig into more about who owns ATRC stock here.

Does ATRC stock generate passive income?

No, Atricure doesn't provide an income stream by paying out dividends.

What do other investors have to say about ATRC?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your ATRC trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Click the Open Trade button and your broker will place the order.

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Step 6: Watch your investment in ATRC

Now that you own some ATRC stock, you'll want to stay up-to-date on your investment.

Start a watchlist to keep tabs on your ATRC stock.

ATRC Feed

How to Buy Stock in Atricure

To reiterate, here are the 6 steps to buy Atricure stock:

  1. Choose where to buy Atricure stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Evaluate Atricure stock
  5. Place your ATRC trade
  6. Watch your investment in ATRC

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If you want to track your new investment in Atricure, click below.

NASDAQ: ATRC
$23.39+1.20 (+5.41%)
Updated Jul 11, 2024
Open eToro Account
NASDAQ: ATRC
$23.39+1.20 (+5.41%)
Updated Jul 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Atricure share?

As of Jul 11, 2024, it costs $23.39 to buy one share of Atricure stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.428 shares of ATRC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Atricure stock?

According to 6 Wall Street analysts who monitor Atricure, their consensus recommendation is to buy Atricure stock.

What is the best way to buy Atricure stock?

One way to place an order for Atricure stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.