Alphatec (ATEC) Stock Forecast, Price Target & Predictions
ATEC Stock Forecast
Alphatec stock forecast is as follows: an average price target of $16.64 (represents a 197.67% upside from ATEC’s last price of $5.59) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
ATEC Price Target
The average price target for Alphatec (ATEC) is $16.64 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $8.00. This represents a potential 197.67% upside from ATEC's last price of $5.59.
ATEC Analyst Ratings
According to 6 Wall Street analysts, Alphatec's rating consensus is 'Buy'. The analyst rating breakdown for ATEC stock is 0 'Strong Buy' (0.00%), 4 'Buy' (66.67%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Alphatec Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 03, 2024 | Brooks O'Neil | Lake Street | $18.00 | $6.90 | 160.87% | 222.00% |
| Aug 01, 2024 | Drew Ranieri | Morgan Stanley | $8.00 | $6.58 | 21.49% | 43.11% |
| Jul 15, 2024 | Drew Ranieri | Morgan Stanley | $16.00 | $11.25 | 42.22% | 186.23% |
| Jul 11, 2024 | Mathew Blackman | Stifel Nicolaus | $19.00 | $10.77 | 76.42% | 239.89% |
| Jul 08, 2024 | Matt Miksic | Barclays | $19.00 | $10.29 | 84.65% | 239.89% |
| Mar 28, 2024 | David Saxon | Needham | $23.00 | $13.80 | 66.67% | 311.45% |
| Mar 20, 2024 | David Saxon | Needham | $22.00 | $13.78 | 59.65% | 293.56% |
| Jan 12, 2023 | - | Lake Street | $20.00 | $12.47 | 60.38% | 257.78% |
| Jan 06, 2023 | - | Morgan Stanley | $17.00 | $12.62 | 34.76% | 204.11% |
| Aug 08, 2022 | - | Goldman Sachs | $9.50 | $8.35 | 13.77% | 69.95% |
The latest Alphatec stock forecast, released on Sep 03, 2024 by Brooks O'Neil from Lake Street, set a price target of $18.00, which represents a 160.87% increase from the stock price at the time of the forecast ($6.90), and a 222.00% increase from ATEC last price ($5.59).
Alphatec Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 5 | 7 |
| Avg Price Target | $18.00 | $16.00 | $17.86 |
| Last Closing Price | $5.59 | $5.59 | $5.59 |
| Upside/Downside | 222.00% | 186.23% | 219.50% |
In the current month, the average price target of Alphatec stock is $18.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 222.00% increase as opposed to Alphatec's last price of $5.59. This month's average price target is up 12.50% compared to last quarter, and up 0.78% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 03, 2024 | Lake Street | Buy | Buy | Hold |
| Aug 22, 2024 | Wells Fargo | Buy | Buy | Hold |
| Aug 01, 2024 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Jul 15, 2024 | Piper Sandler | Buy | Buy | Hold |
| Jul 15, 2024 | Needham | Underperform | Underperform | Hold |
| Jul 15, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 08, 2024 | Barclays | - | Overweight | Initialise |
| Mar 13, 2024 | Needham | Buy | Buy | Hold |
| Nov 07, 2023 | Needham | Buy | Buy | Hold |
| Jun 26, 2023 | Lake Street | Buy | Buy | Hold |
Alphatec's last stock rating was published by Lake Street on Sep 03, 2024. The company gave ATEC a "Buy" rating, the same as its previous rate.
Alphatec Financial Forecast
Alphatec Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $137.97M | $118.26M | $116.92M | $109.11M | $105.94M | $89.84M | - | $70.93M | $73.96M | $62.88M | $62.25M | $44.12M | $43.95M | $41.16M |
| Avg Forecast | $281.82M | $251.10M | $249.33M | $243.89M | $247.25M | $212.75M | $210.51M | $201.83M | $203.47M | $177.82M | $176.45M | $168.31M | $170.75M | $147.22M | $144.55M | $134.07M | $131.90M | $114.24M | $109.90M | $103.33M | $102.16M | $82.94M | $78.09M | $66.12M | $69.40M | $59.19M | $49.22M | $41.14M | $43.75M | $39.41M |
| High Forecast | $284.08M | $253.12M | $251.33M | $245.84M | $249.23M | $214.45M | $212.20M | $203.45M | $205.10M | $179.24M | $177.87M | $169.66M | $172.12M | $147.55M | $145.71M | $135.15M | $132.95M | $115.15M | $110.78M | $104.16M | $102.98M | $83.60M | $78.09M | $67.07M | $70.40M | $60.04M | $49.93M | $41.73M | $44.38M | $39.98M |
| Low Forecast | $278.91M | $248.51M | $246.75M | $241.37M | $244.70M | $210.55M | $208.34M | $199.75M | $201.37M | $175.98M | $174.63M | $166.57M | $168.99M | $146.42M | $143.06M | $132.69M | $130.53M | $113.06M | $108.76M | $102.26M | $101.10M | $82.08M | $78.09M | $64.86M | $68.08M | $58.07M | $48.29M | $40.36M | $42.92M | $38.66M |
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 2 | 3 | 3 | 3 | 8 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.04% | 1.06% | 1.06% | 1.04% | 1.08% | - | 1.07% | 1.07% | 1.06% | 1.26% | 1.07% | 1.00% | 1.04% |
Alphatec's average Quarter revenue forecast for Mar 24 based on 4 analysts is $134.07M, with a low forecast of $132.69M, and a high forecast of $135.15M. ATEC's average Quarter revenue forecast represents a -2.83% decrease compared to the company's last Quarter revenue of $137.97M (Dec 23).
Alphatec EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 2 | 3 | 3 | 3 | 8 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-31.21M | $-31.36M | $-37.32M | $-33.39M | $-23.62M | $-20.33M | - | $-22.36M | $-32.23M | $-33.30M | $-28.30M | $-16.06M | $-20.13M | $-9.78M |
| Avg Forecast | $-84.72M | $-75.48M | $-74.95M | $-73.31M | $-74.32M | $-63.95M | $-63.28M | $-60.67M | $-61.16M | $-53.45M | $-53.04M | $-50.60M | $-51.33M | $-44.25M | $-43.45M | $-17.10M | $-39.65M | $-34.34M | $-33.04M | $-18.29M | $-30.71M | $-26.25M | $-23.47M | $-19.56M | $-20.86M | $-20.75M | $-26.48M | $-11.24M | $-13.15M | $-9.78M |
| High Forecast | $-83.84M | $-74.70M | $-74.17M | $-72.56M | $-73.56M | $-63.29M | $-62.63M | $-60.04M | $-60.53M | $-52.90M | $-52.49M | $-50.07M | $-50.80M | $-44.01M | $-43.00M | $-13.68M | $-39.24M | $-33.99M | $-32.69M | $-14.63M | $-30.39M | $-21.00M | $-23.47M | $-15.65M | $-20.47M | $-16.60M | $-21.18M | $-9.00M | $-12.90M | $-7.82M |
| Low Forecast | $-85.40M | $-76.09M | $-75.55M | $-73.90M | $-74.92M | $-64.47M | $-63.79M | $-61.16M | $-61.66M | $-53.88M | $-53.47M | $-51.00M | $-51.74M | $-44.35M | $-43.80M | $-20.52M | $-39.97M | $-34.62M | $-33.30M | $-21.95M | $-30.95M | $-31.50M | $-23.47M | $-23.47M | $-21.16M | $-24.90M | $-31.78M | $-13.49M | $-13.34M | $-11.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.91% | 1.13% | 1.83% | 0.77% | 0.77% | - | 1.14% | 1.55% | 1.60% | 1.07% | 1.43% | 1.53% | 1.00% |
undefined analysts predict ATEC's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Alphatec's previous annual EBITDA (undefined) of $NaN.
Alphatec Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 2 | 3 | 3 | 3 | 8 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-49.08M | $-42.65M | $-51.38M | $-43.53M | $-34.99M | $-37.00M | - | $-42.84M | $-40.19M | $-43.03M | $-38.20M | $-22.90M | $-26.80M | $-15.67M |
| Avg Forecast | - | - | - | - | - | - | - | - | $-2.14M | $-10.23M | $-12.84M | $-16.17M | $-5.35M | $-15.16M | $-16.59M | $-23.35M | $-10.40M | $-12.13M | $-27.11M | $-24.97M | $-29.11M | $-33.93M | $-39.43M | $-26.71M | $-41.61M | $-26.82M | $-35.75M | $-16.03M | $-34.77M | $-15.67M |
| High Forecast | - | - | - | - | - | - | - | - | $-2.11M | $-10.09M | $-12.67M | $-15.95M | $-5.28M | $-11.23M | $-16.36M | $-18.68M | $-7.05M | $-11.97M | $-26.75M | $-19.98M | $-28.72M | $-27.14M | $-39.43M | $-21.36M | $-40.59M | $-21.46M | $-28.60M | $-12.83M | $-33.92M | $-12.54M |
| Low Forecast | - | - | - | - | - | - | - | - | $-2.16M | $-10.33M | $-12.98M | $-16.34M | $-5.41M | $-17.97M | $-16.76M | $-28.02M | $-11.88M | $-12.25M | $-27.39M | $-29.96M | $-29.41M | $-40.71M | $-39.43M | $-32.05M | $-42.40M | $-32.18M | $-42.91M | $-19.24M | $-35.43M | $-18.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.72% | 3.52% | 1.90% | 1.74% | 1.20% | 1.09% | - | 1.60% | 0.97% | 1.60% | 1.07% | 1.43% | 0.77% | 1.00% |
Alphatec's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ATEC's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Alphatec SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 2 | 3 | 3 | 3 | 8 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $104.12M | $91.41M | $87.29M | $91.26M | $81.92M | $75.95M | - | $69.47M | $66.69M | $61.49M | $60.66M | $40.43M | $38.13M | $35.98M |
| Avg Forecast | $240.96M | $214.69M | $213.17M | $208.52M | $211.40M | $181.90M | $179.99M | $172.56M | $173.97M | $152.03M | $150.86M | $143.91M | $145.99M | $125.87M | $123.59M | $37.86M | $112.77M | $97.67M | $93.96M | $40.49M | $87.34M | $48.48M | $66.76M | $43.30M | $59.33M | $38.33M | $42.08M | $28.30M | $37.40M | $35.98M |
| High Forecast | $242.89M | $216.41M | $214.88M | $210.19M | $213.09M | $183.36M | $181.43M | $173.95M | $175.36M | $153.25M | $152.07M | $145.06M | $147.16M | $126.15M | $124.58M | $45.43M | $113.67M | $98.45M | $94.71M | $48.59M | $88.04M | $58.18M | $66.76M | $51.96M | $60.19M | $45.99M | $42.69M | $33.96M | $37.95M | $43.18M |
| Low Forecast | $238.47M | $212.47M | $210.97M | $206.37M | $209.21M | $180.02M | $178.13M | $170.78M | $172.17M | $150.46M | $149.31M | $142.42M | $144.49M | $125.19M | $122.32M | $30.29M | $111.61M | $96.66M | $92.99M | $32.39M | $86.44M | $38.79M | $66.76M | $34.64M | $58.21M | $30.66M | $41.29M | $22.64M | $36.69M | $28.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.94% | 0.93% | 2.25% | 0.94% | 1.57% | - | 1.60% | 1.12% | 1.60% | 1.44% | 1.43% | 1.02% | 1.00% |
Alphatec's average Quarter SG&A projection for Mar 24 is $37.86M, based on 4 Wall Street analysts, with a range of $30.29M to $45.43M. The forecast indicates a -63.64% fall compared to ATEC last annual SG&A of $104.12M (Dec 23).
Alphatec EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 2 | 3 | 3 | 3 | 8 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.37 | $-0.35 | $-0.43 | $-0.40 | $-0.33 | $-0.35 | - | $-0.43 | $-0.40 | $-0.43 | $-0.39 | $-0.26 | $-0.35 | $-0.24 |
| Avg Forecast | - | - | - | - | - | - | - | - | $-0.01 | $-0.07 | $-0.09 | $-0.11 | $-0.04 | $-0.11 | $-0.12 | $-0.15 | $-0.07 | $-0.09 | $-0.19 | $-0.23 | $-0.20 | $-0.25 | $-0.28 | $-0.29 | $-0.31 | $-0.23 | $-0.19 | $-0.20 | $-0.26 | $-0.21 |
| High Forecast | - | - | - | - | - | - | - | - | $-0.01 | $-0.07 | $-0.09 | $-0.11 | $-0.04 | $-0.08 | $-0.11 | $-0.15 | $-0.05 | $-0.08 | $-0.19 | $-0.22 | $-0.20 | $-0.25 | $-0.28 | $-0.28 | $-0.30 | $-0.23 | $-0.19 | $-0.19 | $-0.25 | $-0.20 |
| Low Forecast | - | - | - | - | - | - | - | - | $-0.02 | $-0.07 | $-0.09 | $-0.11 | $-0.04 | $-0.13 | $-0.12 | $-0.16 | $-0.08 | $-0.09 | $-0.19 | $-0.23 | $-0.21 | $-0.25 | $-0.28 | $-0.30 | $-0.32 | $-0.24 | $-0.20 | $-0.20 | $-0.26 | $-0.21 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.08% | 4.12% | 2.26% | 1.76% | 1.62% | 1.39% | - | 1.47% | 1.29% | 1.86% | 2.03% | 1.33% | 1.35% | 1.16% |
According to undefined Wall Street analysts, Alphatec's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to ATEC previous annual EPS of $NaN (undefined).
Alphatec Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ATEC | Alphatec | $5.59 | $16.64 | 197.67% | Buy |
| OFIX | Orthofix Medical | $16.76 | $31.00 | 84.96% | - |
| ESTA | Establishment Labs | $44.20 | $78.00 | 76.47% | Buy |
| FNA | Paragon 28 | $7.39 | $11.50 | 55.62% | Buy |
| SGHT | Sight Sciences | $6.95 | $10.33 | 48.63% | Hold |
| LUNG | Pulmonx | $8.31 | $12.25 | 47.41% | Buy |
| LIVN | LivaNova | $48.53 | $71.25 | 46.82% | Buy |
| CNMD | CONMED | $75.40 | $101.00 | 33.95% | Buy |
| SIBN | SI-BONE | $15.73 | $20.00 | 27.15% | Buy |
| KIDS | OrthoPediatrics | $32.28 | $40.80 | 26.39% | Buy |
| RXST | RxSight | $54.96 | $68.60 | 24.82% | Buy |
| AORT | Artivion | $25.25 | $30.00 | 18.81% | Buy |
| GMED | Globus Medical | $69.75 | $79.54 | 14.04% | Buy |
| ITGR | Integer | $126.78 | $131.00 | 3.33% | Buy |
ATEC Forecast FAQ
Is Alphatec a good buy?
Yes, according to 6 Wall Street analysts, Alphatec (ATEC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 66.67% of ATEC's total ratings.
What is ATEC's price target?
Alphatec (ATEC) average price target is $16.64 with a range of $8 to $23, implying a 197.67% from its last price of $5.59. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Alphatec stock go up soon?
According to Wall Street analysts' prediction for ATEC stock, the company can go up by 197.67% (from the last price of $5.59 to the average price target of $16.64), up by 311.45% based on the highest stock price target, and up by 43.11% based on the lowest stock price target.
Can Alphatec stock reach $8?
ATEC's average twelve months analyst stock price target of $16.64 supports the claim that Alphatec can reach $8 in the near future.
What is Alphatec's current price target trend?
1 Wall Street analyst forecast a $18 price target for Alphatec (ATEC) this month, up 222.00% from its last price of $5.59. Compared to the last 3 and 12 months, the average price target increased by 186.23% and increased by 219.50%, respectively.
What are Alphatec's analysts' financial forecasts?
Alphatec's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $872.34M (high $879.33M, low $863.33M), average EBITDA is $-262M (high $-260M, low $-264M), average net income is $0 (high $0, low $0), average SG&A $745.84M (high $751.82M, low $738.14M), and average EPS is $0 (high $0, low $0). ATEC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.03B (high $1.03B, low $1.02B), average EBITDA is $-308M (high $-305M, low $-311M), average net income is $0 (high $0, low $0), average SG&A $877.34M (high $884.37M, low $868.28M), and average EPS is $0 (high $0, low $0).
Did the ATEC's actual financial results beat the analysts' financial forecasts?
Based on Alphatec's last annual report (Dec 2023), the company's revenue was $482.26M, beating the average analysts forecast of $459.36M by 4.99%. Apple's EBITDA was $-134M, beating the average prediction of $-125M by 6.93%. The company's net income was $-187M, beating the average estimation of $-74.605M by 150.17%. Apple's SG&A was $374.08M, beating the average forecast of $344.89M by 8.46%. Lastly, the company's EPS was $-1.54, beating the average prediction of $-0.575 by 167.79%. In terms of the last quarterly report (Dec 2023), Alphatec's revenue was $137.97M, beating the average analysts' forecast of $131.9M by 4.61%. The company's EBITDA was $-31.214M, missing the average prediction of $-39.648M by -21.27%. Alphatec's net income was $-49.078M, beating the average estimation of $-10.396M by 372.10%. The company's SG&A was $104.12M, missing the average forecast of $112.77M by -7.67%. Lastly, the company's EPS was $-0.37, beating the average prediction of $-0.0729 by 407.84%