Elastic N.V. [NYSE: ESTC] stock went down by -3.97% or -3.11 points down from its previous closing price of $78.41. The stock reached $75.30 during the last trading session. During the course of the last 5 trading session in the week, ESTC share price went up during 2 out of 5 days, that way losing -6.17% in the period of the last 7 days.
ESTC had two major price movements with the latest trading session as the price jumped to a high of $77.71, at one point touching $74.51. The latest high is set lower that the high price recorded in the period of the last 52 weeks, set at $77.71. The 52-week high currently stands at $100.43 distance from the present share price, noting recovery after the recent low of $58.55.
Elastic N.V. [NYSE:ESTC]: Analyst Rating and Earnings
Pro stock traders frequently make sure to pay attention what expert market analysts are saying about a potential stock buy. Regarding Elastic N.V. [ESTC] right now, the most recent ratings from Wall St. analysts that we can see right now is regarding the quarter that’s slated to end in April. On average, stock market experts give ESTC an Outperform rating. Its stock price has been found in the range of 58.55 to 100.43. This is compared to its latest closing price of $78.41.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Elastic N.V. [ESTC] is sitting at 2.31. This is compared to 1 month ago, when its average rating was 2.25.
For the quarter ending in Apr-19 Elastic N.V. [ESTC] generated $0.08 billion in sales. That’s 6.37% higher than the average estimate of $0.08 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Wed 4 Sep (In 82 Days).
Fundamental Analysis of Elastic N.V. [ESTC]
Now let’s turn to look at profitability: with a current Operating Margin for Elastic N.V. [ESTC] sitting at -29.22 and its Gross Margin at +74.45, this company’s Net Margin is now -29.80%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is -78.03, and its Return on Invested Capital has reached 32.80%. Its Return on Equity is -88.04, and its Return on Assets is -32.21. These metrics suggest that this Elastic N.V. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
What about valuation? This company’s Enterprise Value to EBITDA is -205.46. The Enterprise Value to Sales for this firm is now 24.71.
Shifting the focus to workforce efficiency, Elastic N.V. [ESTC] earns $184,257 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 3.84 and its Total Asset Turnover is 0.98. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.96 and its Current Ratio is 0.96. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Elastic N.V. [ESTC] has 72.27M shares outstanding, amounting to a total market cap of $5.44B. Its stock price has been found in the range of 58.55 to 100.43. At its current price, it has moved down by -25.02% from its 52-week high, and it has moved up 28.60% from its 52-week low.
This stock’s Beta value is currently , which indicates that it is 3.66% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 33.60. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Elastic N.V. [ESTC] a Reliable Buy?
Shares of Elastic N.V. [ESTC], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.