Closing Bell Recap: Elastic N.V (ESTC) Ends at 80.87, Reflecting a -12.13 Downturn

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Elastic N.V (NYSE: ESTC) closed the day trading at $80.87 down -12.13% from the previous closing price of $92.03. In other words, the price has decreased by -$12.13 from its previous closing price. On the day, 8.82 million shares were traded.

Ratios:

For a better understanding of ESTC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.85. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.63.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on January 17, 2025, initiated with a Neutral rating and assigned the stock a target price of $108.

On December 17, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $130.

Wedbush Upgraded its Neutral to Outperform on November 25, 2024, while the target price for the stock was maintained at $135.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 25 ’25 when Kulkarni Ashutosh sold 5,000 shares for $102.64 per share. The transaction valued at 513,180 led to the insider holds 371,591 shares of the business.

ASHUTOSH K KULKARNI bought 5,000 shares of ESTC for $513,181 on Mar 25 ’25. On Mar 10 ’25, another insider, Dodds Mark Eugene, who serves as the Chief Revenue Officer of the company, sold 2,755 shares for $90.77 each. As a result, the insider received 250,071 and left with 96,484 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 5.69 while its Price-to-Book (P/B) ratio in mrq is 9.20.

Stock Price History:

Over the past 52 weeks, ESTC has reached a high of $123.96, while it has fallen to a 52-week low of $69.00. The 50-Day Moving Average of the stock is -6.99%, while the 200-Day Moving Average is calculated to be -13.45%.

Shares Statistics:

A total of 105.53M shares are outstanding, with a floating share count of 90.15M. Insiders hold about 13.66% of the company’s shares, while institutions hold 85.06% stake in the company.

Earnings Estimates

The market rating for Elastic N.V (ESTC) is a result of the insights provided by 23.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.6, with high estimates of $0.69 and low estimates of $0.51.

Analysts are recommending an EPS of between $2.43 and $2.25 for the fiscal current year, implying an average EPS of $2.29. EPS for the following year is $2.61, with 24.0 analysts recommending between $3.17 and $2.34.

Revenue Estimates

23 analysts predict $396.99M in revenue for the current quarter. It ranges from a high estimate of $398M to a low estimate of $396.1M. As of the current estimate, Elastic N.V’s year-ago sales were $347.42MFor the next quarter, 23 analysts are estimating revenue of $410.13M. There is a high estimate of $416.72M for the next quarter, whereas the lowest estimate is $402M.

A total of 26 analysts have provided revenue estimates for ESTC’s current fiscal year. The highest revenue estimate was $1.7B, while the lowest revenue estimate was $1.66B, resulting in an average revenue estimate of $1.67B. In the same quarter a year ago, actual revenue was $1.48BBased on 26 analysts’ estimates, the company’s revenue will be $1.88B in the next fiscal year. The high estimate is $2.01B and the low estimate is $1.83B.

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