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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$75.16
Volume411.56K
Average Volume (3M)1.35M
Market Cap
$7.83B
Enterprise Value$7.17B
Total Cash (Recent Filing)$1.15B
Total Debt (Recent Filing)$590.74M
Price to Earnings (P/E)137.1
Beta1.87
Next Earnings
Nov 27, 2024EPS Estimate
$0.38Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.55
Shares Outstanding102,745,499
10 Day Avg. Volume1,774,346
30 Day Avg. Volume1,351,801
Standard Deviation0.15
R-Squared0.10
Alpha-0.00257
Financial Highlights & Ratios
Price to Book (P/B)10.17
Price to Sales (P/S)5.90
Price to Cash Flow (P/CF)36.60
P/FCF Ratio30.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.42
Enterprise Value/Gross Profit7.65
Enterprise Value/Ebitda-123.28
Forecast
1Y Price Target
$103.70Price Target Upside36.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
Elastic News
PremiumThe Fly
Elastic falls -27.3%Bulls Say, Bears Say
Bulls Say
Customer Base ExpansionElastic N.V. has a solid track record of expanding its customer base.
Financial PerformanceElastic N.V. shows promising growth in revenue, indicating a robust business model.
Innovative SolutionsElastic N.V. has launched solutions that provide a unique foundation for the creation of GenAI applications.
Bears Say
GuidanceElastic offered a more cautious outlook, and lowered its FY25 revenue guidance.
Revenue GrowthRevenue growth has decelerated significantly in recent years, and what was once significant outperformance vs. weighted average underlying market growth is no longer.
Sales ExecutionThe company experienced broad-based weakness in the final weeks of the quarter, struggling to push deals across the finish line in its first quarter since making some sweeping rep alignment changes within the sales force.
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Ownership Overview
Currently, No data available
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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 27, 2024 which is in 70 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:
$103.70 (36.09% Upside)
$103.70 (36.09% Upside)
Blogger Sentiment
Bullish
ESTC Sentiment 90%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 20.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $32.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 2.6%
Last 30 Days ▲ 3.1%
Last 30 Days ▲ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.99%
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
$103.70
▲(36.09% Upside)
Technical Analysis
Best Analysts Covering ESTC
1 Year
1 Year Success Rate
12/23 ratings generated profit
1 Year Average Return
+20.30%
assigned a buy rating 20 days ago
Copying Matthew Hedberg's trades and holding each position for 1 Year would result in 52.17% of your transactions generating a profit, with an average return of +20.30% per trade.
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