Michael Carrel - AtriCure CEO and President and Director

ATRC Stock  USD 36.20  0.43  1.17%   

CEO

Mr. Michael H. Carrel is President, Chief Executive Officer, Director of AtriCure Inc. Before joining AtriCure, Mr. Carrel served as President and Chief Executive Officer of Vital Images, a publiclytraded medical imaging software company. During his tenure, he led Vital Images to a leading global position in the healthcare and medical software industry. Under his leadership, the company grew revenue and profitability, increased global market share and expanded its presence to over 90 countries. Prior to Vital Images, Mr. Carrel was President and CEO of Zamba Corporationrationration, a publiclytraded technology company, and Chief Financial Officer of NextNet Wireless, a privatelyheld provider of nonlineofsight plug and play broadband wireless access systems. Mr. Carrel recently served as a director of Lombard Medical, a medical device company focused on the minimally invasive treatment of abdominal aortic aneurysms, until acquired by MicroPort Scientific Corporation in 2018. Mr. Carrel currently serves on the board of the Medical Device Manufacturers Association and Axonics Modulation Technologies, Inc since 2012.
Age 53
Tenure 12 years
Professional MarksMBA
Address 7555 Innovation Way, Mason, OH, United States, 45040
Phone513 755 4100
Webhttps://www.atricure.com
Carrel holds a B.S. in Accounting from The Pennsylvania State University and an M.B.A. from The Wharton School at the University of Pennsylvania.

Michael Carrel Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Carrel against AtriCure stock is an integral part of due diligence when investing in AtriCure. Michael Carrel insider activity provides valuable insight into whether AtriCure is net buyers or sellers over its current business cycle. Note, AtriCure insiders must abide by specific rules, including filing SEC forms every time they buy or sell AtriCure'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

AtriCure Management Efficiency

The company has return on total asset (ROA) of (0.0351) % which means that it has lost $0.0351 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0839) %, meaning that it created substantial loss on money invested by shareholders. AtriCure's management efficiency ratios could be used to measure how well AtriCure manages its routine affairs as well as how well it operates its assets and liabilities. As of November 13, 2024, Return On Tangible Assets is expected to decline to -0.1. In addition to that, Return On Capital Employed is expected to decline to -0.05. At present, AtriCure's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 365.1 M, whereas Other Assets are forecasted to decline to 0.95.
AtriCure currently holds 74.49 M in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. AtriCure has a current ratio of 3.59, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about AtriCure's use of debt, we should always consider it together with its cash and equity.

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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. The company was incorporated in 2000 and is headquartered in Mason, Ohio. Atricure operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 875 people. AtriCure (ATRC) is traded on NASDAQ Exchange in USA. It is located in 7555 Innovation Way, Mason, OH, United States, 45040 and employs 1,200 people. AtriCure is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

AtriCure Leadership Team

Elected by the shareholders, the AtriCure's board of directors comprises two types of representatives: AtriCure inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AtriCure. The board's role is to monitor AtriCure's management team and ensure that shareholders' interests are well served. AtriCure's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AtriCure's outside directors are responsible for providing unbiased perspectives on the board's policies.
Deborah Yount, Chief Officer
Valerie StorchWillhaus, Vice Communications
Michael Carrel, CEO and President and Director
Tonya SPHR, VP HR
Vinayak Doraiswamy, Chief Officer
Amalio MD, Ex Officer
JD CCEP, Chief Officer
Angela CPA, Chief Officer
Salvatore JD, Chief Officer
Justin Noznesky, Senior Vice President Marketing and Business Development
CCEP CCEP, Chief Officer
Douglas Seith, Chief Officer

AtriCure Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AtriCure a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether AtriCure offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AtriCure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atricure Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atricure Stock:
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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AtriCure. If investors know AtriCure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AtriCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
9.564
Quarterly Revenue Growth
0.179
Return On Assets
(0.04)
Return On Equity
(0.08)
The market value of AtriCure is measured differently than its book value, which is the value of AtriCure that is recorded on the company's balance sheet. Investors also form their own opinion of AtriCure's value that differs from its market value or its book value, called intrinsic value, which is AtriCure's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AtriCure's market value can be influenced by many factors that don't directly affect AtriCure's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AtriCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if AtriCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AtriCure's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.