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The price of Elastic N.V (NYSE: ESTC) closed at $110.60 in the last session, down -2.37% from day before closing price of $113.29. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 1.1 million shares were traded. ESTC stock price reached its highest trading level at $114.01 during the session, while it also had its lowest trading level at $110.57.
Ratios:
We take a closer look at ESTC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.00. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.71.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 18 ’24 when Kulkarni Ashutosh sold 7,017 shares for $108.12 per share. The transaction valued at 758,689 led to the insider holds 395,326 shares of the business.
Kulkarni Ashutosh bought 7,017 shares of ESTC for $758,689 on Dec 18 ’24. On Dec 09 ’24, another insider, Dodds Mark Eugene, who serves as the Chief Revenue Officer of the company, sold 3,691 shares for $108.72 each. As a result, the insider received 401,286 and left with 99,239 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ESTC now has a Market Capitalization of 11461698560 and an Enterprise Value of 9114848256. As of this moment, Elastic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 200.40, and their Forward P/E ratio for the next fiscal year is 57.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.33 while its Price-to-Book (P/B) ratio in mrq is 14.12. Its current Enterprise Value per Revenue stands at 6.9 whereas that against EBITDA is -87.37.
Stock Price History:
The Beta on a monthly basis for ESTC is 1.07, which has changed by -0.09077048 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, ESTC has reached a high of $136.06, 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 11.68%.
Shares Statistics:
According to the various share statistics, ESTC traded on average about 1.50M shares per day over the past 3-months and 1598630 shares per day over the past 10 days. A total of 103.63M shares are outstanding, with a floating share count of 89.08M. Insiders hold about 14.05% of the company’s shares, while institutions hold 81.32% stake in the company. Shares short for ESTC as of 1730332800 were 3010489 with a Short Ratio of 1.67, compared to 1727654400 on 3759846. Therefore, it implies a Short% of Shares Outstanding of 3010489 and a Short% of Float of 3.47.
