
Alphatec Holdings (ATEC) Gets a Buy from Canaccord Genuity
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Cronin is a 2-star analyst with an average return of 0.5% and a 45.74% success rate. Cronin covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Vericel, and Orthofix.
In addition to Canaccord Genuity, Alphatec Holdings also received a Buy from Lake Street's Ben Haynor in a report issued today. However, on July 30, TR | OpenAI – 4o reiterated a Hold rating on Alphatec Holdings (NASDAQ: ATEC).
Based on Alphatec Holdings' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $169.18 million and a GAAP net loss of $51.91 million. In comparison, last year the company earned a revenue of $138.48 million and had a GAAP net loss of $48.5 million
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ATEC in relation to earlier this year. Most recently, in May 2025, Scott Lish, the COO of ATEC sold 12,000.00 shares for a total of $145,440.00.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Insider
38 minutes ago
- Business Insider
Trump Fires Labor Stats Chief after July Jobs Miss and Revisions Hit Market
President Donald Trump removed Bureau of Labor Statistics Commissioner (BLS) Erika McEntarfer on Friday, after the agency reported July job growth came in far below forecasts. The BLS posted an increase of 73,000 nonfarm payrolls for the month, missing expectations and triggering a sharp market reaction. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The president announced the decision on Truth Social. He claimed the commissioner, appointed in 2024 under President Joe Biden, had produced flawed data. Trump alleged the report was manipulated to harm the economy's perceived strength. However, no official evidence supports this claim. Until a replacement is confirmed, Deputy Commissioner William Wiatrowski will serve as acting head of the agency. Powell in Trump's Crosshairs In the same post, Trump criticized Federal Reserve Chair Jerome Powell. He called for Powell's removal, citing interest rate decisions that, in his view, counteracted the broader economic policy. On Wednesday, the Federal Open Market Committee voted to hold the benchmark rate steady. Markets have now priced in a strong chance of a rate cut in September. The BLS also revised May and June job totals lower by a combined 258,000. That brought the three-month average to 35,000, the weakest stretch since April 2020. Economists note revisions are standard and reflect updated data, not political bias. Markets moved lower after the release. The Dow Jones Industrial Average (DJIA) fell over 500 points. The Nasdaq dropped more than 2%. Treasury yields declined as traders adjusted rate expectations. Data Integrity in Focus Critics of the decision include William Beach, a 2017 Trump appointee and former BLS chief. He said the move threatens the agency's independence and the reliability of federal data. Multiple public sector groups have raised similar concerns. The Bureau of Labor Statistics is part of the Department of Labor and provides key reports on jobs, inflation, and productivity. Its data is used by investors, businesses, and policymakers. The White House has promoted prior reports as signs of labor strength. Following the June numbers, it called the figures a 'June Boom.' Trump has frequently highlighted payroll gains while in office. The latest report, along with the firing, raises new focus on how economic data is produced and viewed during the 2025 election cycle.


Business Insider
43 minutes ago
- Business Insider
‘Great Expectations,' Says Top Investor About Palantir Stock
The weight of expectations can be a heavy burden to bear. It's not clear if Palantir Technologies (NASDAQ:PLTR) has gotten this memo. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Indeed, the company has been on quite a roll, and doesn't seem to be showing any signs of slowing down. Another major boost came just last week, as Palantir and the U.S. army agreed on a deal that could be worth up to $10 billion over the coming decade. Reflecting this strong performance, PLTR's share price is up over 540% for the past twelve months. Expectations are high once more as the company gears up to release its Q2 2025 numbers on Monday, August 4 after the market closes. The market is expecting Palantir to report $939.47 million in sales (Palantir itself has guided for $934 to $938 million), numbers which would represent year-over-year growth approaching 40%. Will the company outpace projections yet again? One top investor known as Deep Value Investing believes the rip-roaring Palantir will succeed in doing so. However, the 5-star investor offers a word of caution going forward. 'Even though revenue could have a big upside from this contract, there is a risk of disappointment from a margin perspective,' explains Deep Value, who is among the top 4% of TipRanks' stock pros. The investor further explains that despite Palantir's incredible run, it's not all sunshine and rainbows. For instance, the company is struggling to propel commercial adoption outside of the U.S. – '[Palantir CEO Alex] Karp doesn't have much hope in Europe (from a commercial perspective).' When it comes to the rate of commercial growth in the U.S., this has indeed been astounding (71% year-over-year during Q1 2025). However, the so-called 'total contract value' from this segment is $810 million, which the investor acknowledges pales in comparison to the very high price-to-earnings ratio of 687x that the company is trading at. Though the U.S. army deal is clearly a big win – and provides the 'ultimate confirmation' of Palantir's technology – Deep Value worries that the agreement could decrease the company's margins. 'While these contracts will support the revenue growth, currently in the mid-40s for the government segment, they will most likely pressure profitability,' Deep Value adds. All that being said, the investor remains bullish on Palantir on the eve of the company's Q2 earnings report. Deep Value will be eager to understand how quickly the $10 billion deal will translate into revenues, while also keeping a watchful eye on operating income guidance for the remainder of the year. Summing it all up, Deep Value Investing is assigning a Buy rating for Palantir. (To watch Deep Value Investing's track record, click here) Wall Street is not quite as bullish. With 10 Hold ratings far outpacing 4 Buys and 3 Sells, which give PLTR a consensus Hold (i.e. Neutral) rating. PLTR's 12-month average price target of $111.14 has a downside of ~28%. (See PLTR stock forecast) To find good ideas for AI stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
an hour ago
- Yahoo
MercadoLibre (MELI) Q2 Earnings Report Preview: What To Look For
Latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) will be reporting results this Monday afternoon. Here's what to expect. MercadoLibre beat analysts' revenue expectations by 8.1% last quarter, reporting revenues of $5.94 billion, up 37% year on year. It was a strong quarter for the company, with an impressive beat of analysts' EBITDA estimates and impressive growth in its users. It reported 66.6 million daily active users, up 24.5% year on year. Is MercadoLibre a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting MercadoLibre's revenue to grow 28.9% year on year to $6.54 billion, slowing from the 41.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $11.75 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 3 downward revisions over the last 30 days (we track 7 analysts). MercadoLibre has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 7.9% on average. Looking at MercadoLibre's peers in the online marketplace segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Shutterstock delivered year-on-year revenue growth of 21.3%, beating analysts' expectations by 7.5%, and eBay reported revenues up 6.1%, topping estimates by 3.1%. Shutterstock's stock price was unchanged after the resultswhile eBay was up 18.5%. Read our full analysis of Shutterstock's results here and eBay's results here. Investors in the online marketplace segment have had steady hands going into earnings, with share prices flat over the last month. MercadoLibre is down 4.6% during the same time and is heading into earnings with an average analyst price target of $2,856 (compared to the current share price of $2,385). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.