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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$88.58
Volume2.77M
Average Volume (3M)1.36M
Market Cap
$9.60B
Enterprise Value$8.51B
Total Cash (Recent Filing)$1.15B
Total Debt (Recent Filing)$590.74M
Price to Earnings (P/E)161.6
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. Volume1,225,679
30 Day Avg. Volume1,357,460
Standard Deviation0.15
R-Squared0.10
Alpha0.00185
Financial Highlights & Ratios
Price to Book (P/B)11.99
Price to Sales (P/S)6.87
Price to Cash Flow (P/CF)43.00
P/FCF Ratio36.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.44
Enterprise Value/Gross Profit9.08
Enterprise Value/Ebitda-127.17
Forecast
1Y Price Target
$103.89Price Target Upside10.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Elastic News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceElastic Cloud sales rising 24% YoY to $167.1 million.
Market PositionElastic has the potential to be a long-term share gainer in enterprise search, security, and observability.
Product InnovationThe continued relentless focus on product innovation gives conviction in ESTC as fundamentally well-positioned in the age of AI.
Bears Say
CompetitionThe competitive environment is significantly more competitive now compared to 3-6 months ago.
Revenue GuidanceThe FY25 revenue guide is back-end loaded, increasing the potential for a lower magnitude raise, if any.
Sales ExecutionElastic is still working through the sales org changes, potentially limiting growth upside.
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Ownership Overview
16.35% Insiders
26.84% Mutual Funds
34.20% Other Institutional Investors
9.61% 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 today.
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 130M.
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Elastic Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$103.89 (10.83% Upside)
$103.89 (10.83% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 90%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 184.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.94%
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
$103.89
▲(10.83% 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 7 days ago
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