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Elastic (ESTC)
NYSE:ESTC
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ESTC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$69.00 - $136.06
Previous Close$86.32
Volume1.78M
Average Volume (3M)1.32M
Market Cap
$8.87B
Enterprise Value$8.31B
Total Cash (Recent Filing)$1.15B
Total Debt (Recent Filing)$590.74M
Price to Earnings (P/E)157.5
Beta1.51
Next Earnings
Nov 21, 2024EPS Estimate
$0.38Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.55
Shares Outstanding102,745,499
10 Day Avg. Volume1,035,754
30 Day Avg. Volume1,323,080
Standard Deviation0.15
R-Squared0.10
Alpha0.00185
Financial Highlights & Ratios
Price to Book (P/B)11.68
Price to Sales (P/S)6.94
Price to Cash Flow (P/CF)43.50
P/FCF Ratio36.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.29
Enterprise Value/Gross Profit8.87
Enterprise Value/Ebitda-124.17
Forecast
1Y Price Target
$105.16Price Target Upside21.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Elastic News
Bulls Say, Bears Say
Bulls Say
Earnings And Financial PerformanceSelf-managed growth has been consistently outperforming expectations and is expected to benefit from a price increase.
Market Position And OpportunitiesElastic is tied for the No. 1 vendor of choice when looking to address new GenAI workloads.
Product Innovation And Market PotentialElastic has launched solutions that provide a unique foundation for the creation of GenAI applications.
Bears Say
Competitive EnvironmentThe competitive environment has intensified, with longtime partners experiencing slowdowns and increased competitive pressures.
Revenue OutlookElastic offered a more cautious outlook, lowering its FY25 revenue guidance due to uncertainties and execution risks.
Sales ExecutionSales execution challenges impact guidance, with sweeping sales force changes causing significant shortfalls in customer commitments.
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Ownership Overview
16.35% Insiders
26.90% Mutual Funds
34.20% Other Institutional Investors
9.58% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Elastic
Desktop Users
Mobile Users
ESTC FAQ
What was Elastic’s price range in the past 12 months?
Elastic lowest stock price was $69.00 and its highest was $136.06 in the past 12 months.
What is Elastic’s market cap?
Currently, no data Available
When is Elastic’s upcoming earnings report date?
Elastic’s upcoming earnings report date is Nov 21, 2024 which is in 5 days.
How were Elastic’s earnings last quarter?
Elastic released its earnings results on Aug 29, 2024. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.257 by $0.093.
Is Elastic overvalued?
According to Wall Street analysts Elastic’s price is currently Undervalued.
Does Elastic pay dividends?
Elastic does not currently pay dividends.
What is Elastic’s EPS estimate?
Elastic’s EPS estimate is $0.38.
How many shares outstanding does Elastic have?
Elastic has 102,745,500 shares outstanding.
What happened to Elastic’s price movement after its last earnings report?
Elastic reported an EPS of $0.35 in its last earnings report, beating expectations of $0.257. Following the earnings report the stock price went down -26.486%.
Which hedge fund is a major shareholder of Elastic?
Among the largest hedge funds holding Elastic’s share is Tiger Global Management LLC. It holds Elastic’s shares valued at 193M.
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Elastic Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$105.16 (21.83% Upside)
$105.16 (21.83% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 90%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 20.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
13.65%
12-Months-Change
Fundamentals
Return on Equity
10.42%
Trailing 12-Months
Asset Growth
26.39%
Trailing 12-Months
Company Description
Elastic
Elastic NV engages in the provision of open source search and analytics engine services. It offers Elastic Stack, which is a set of software products that ingest and store data from any source, in any format, and perform search, analysis, and visualization. The company was founded by Shay Banon, Uri Boness, Steven Schuurman, and Simon Willnauer on February 9, 2012 and is headquartered in Mountain View, CA.
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ESTC Company Deck
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ESTC Earnings Call
Q1 2024
0:00 / 0:00
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ESTC Stock 12 Month Forecast
Average Price Target
$105.16
▲(21.83% Upside)
Technical Analysis
Best Analysts Covering ESTC
1 Year
1 Year Success Rate
12/17 ratings generated profit
1 Year Average Return
+24.16%
reiterated a buy rating 2 days ago
Copying Raimo Lenschow's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +24.16% per trade.
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