AtriCure (ATRC) Earns News Sentiment Score of 0.15
Press coverage about AtriCure (NASDAQ:ATRC) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AtriCure earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the medical device company an impact score of 45.5175104138136 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
AtriCure (NASDAQ:ATRC) opened at $18.44 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.28 and a quick ratio of 1.65. AtriCure has a twelve month low of $14.78 and a twelve month high of $25.18.
AtriCure (NASDAQ:ATRC) last posted its earnings results on Wednesday, November 1st. The medical device company reported ($0.22) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.02. The business had revenue of $42.20 million during the quarter, compared to analyst estimates of $43.44 million. AtriCure had a negative return on equity of 20.28% and a negative net margin of 19.40%. The company’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.21) EPS. analysts predict that AtriCure will post -0.96 earnings per share for the current fiscal year.
In related news, Director B Kristine Johnson bought 1,500 shares of AtriCure stock in a transaction on Wednesday, November 8th. The stock was acquired at an average price of $18.36 per share, with a total value of $27,540.00. Following the acquisition, the director now directly owns 10,969 shares of the company’s stock, valued at $201,390.84. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO M. Andrew Wade sold 2,000 shares of AtriCure stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $18.41, for a total value of $36,820.00. The disclosure for this sale can be found here. 11.90% of the stock is owned by insiders.
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AtriCure Company Profile
AtriCure, Inc is an atrial fibrillation (Afib) solutions company. The Company develops, manufactures, and sells devices designed primarily for the surgical ablation of cardiac tissue and systems designed for the exclusion of the left atrial appendage. It has various product lines for the ablation of cardiac tissue, including its Isolator Synergy Ablation System, for the treatment of persistent and longstanding persistent forms of Afib in patients undergoing certain open concomitant procedures.
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