Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Elastic N.V (NYSE: ESTC) closed at $91.18 down -4.02% from its previous closing price of $95.00. In other words, the price has decreased by -$4.02 from its previous closing price. On the day, 3.32 million shares were traded.
Ratios:
For a deeper understanding of Elastic N.V’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.76. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.67.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 10 ’25 when Banon Shay bought 2,683 shares for $90.78 per share.
Dodds Mark Eugene bought 2,755 shares of ESTC for $250,076 on Mar 10 ’25. On Mar 10 ’25, another insider, Exner Ken, who serves as the Chief Product Officer of the company, bought 3,623 shares for $90.78 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.66 while its Price-to-Book (P/B) ratio in mrq is 11.08.
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 -13.94%, while the 200-Day Moving Average is calculated to be -8.57%.
Shares Statistics:
A total of 104.41M shares are outstanding, with a floating share count of 90.08M. Insiders hold about 13.73% of the company’s shares, while institutions hold 81.07% stake in the company.
