Alphatec (ATEC) ZACKS·2025-01-13 15:55Analyst Consensus and Price Targets - A tight clustering of price targets, indicated by a low standard deviation, suggests high agreement among analysts about the stock's price movement direction and magnitude [1] - The mean price target for ATEC is 9.97 [6] - The price targets range from 22.50, with a standard deviation of $4.06, where the lowest estimate suggests a 0.3% increase and the highest estimate points to a 125.7% upside [7] Earnings Estimate Revisions - The Zacks Consensus Estimate for ATEC's current year has increased by 4.5% over the past month, with one positive revision and no negative revisions [4] - Strong agreement among analysts in revising EPS estimates higher indicates increasing optimism about the company's earnings prospects [3] - A positive trend in earnings estimate revisions has historically shown a strong correlation with near-term stock price movements [3] Zacks Rank and Analyst Bias - ATEC currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 stocks ranked based on earnings estimate factors [5] - Analysts' price targets are often influenced by business incentives, leading to overly optimistic estimates that may not accurately predict stock price movements [11] - While the consensus price target may not be reliable, the implied direction of price movement can still serve as a useful guide [12]