Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $76.39 in the prior trading day, Elastic N.V (NYSE: ESTC) closed at $77.54, up 1.51%. In other words, the price has increased by $1.51 from its previous closing price. On the day, 2.69 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ESTC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.51. 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:
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 5.66 while its Price-to-Book (P/B) ratio in mrq is 9.42.
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 -18.55%, while the 200-Day Moving Average is calculated to be -19.53%.
Shares Statistics:
A total of 104.41M shares are outstanding, with a floating share count of 90.10M. Insiders hold about 13.71% of the company’s shares, while institutions hold 81.48% stake in the company.
