Is Elastic NV Stock a Good Investment?
Elastic NV Investment Advice | ESTC |
- Examine Elastic NV's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Elastic NV's leadership team and their track record. Good management can help Elastic NV navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Elastic NV's business and its evolving consumer preferences.
- Compare Elastic NV's performance and market position to its competitors. Analyze how Elastic NV is positioned in terms of product offerings, innovation, and market share.
- Check if Elastic NV pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Elastic NV's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Elastic NV stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Elastic NV is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Elastic NV Stock
Researching Elastic NV's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 15.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years.
To determine if Elastic NV is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Elastic NV's research are outlined below:
| Elastic NV had very high historical volatility over the last 90 days | |
| Elastic NV has a strong financial position based on the latest SEC filings | |
| Over 92.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Elastic Reports Second Quarter Fiscal 2025 Financial Results |
Elastic NV Quarterly Good Will |
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Elastic NV uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Elastic NV. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Elastic NV's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 6th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 6th of June 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 30th of April 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Elastic NV's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Elastic NV's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-08-25 | 2022-07-31 | -0.17 | -0.15 | 0.02 | 11 | ||
2024-02-29 | 2024-01-31 | 0.32 | 0.36 | 0.04 | 12 | ||
2022-06-01 | 2022-04-30 | -0.22 | -0.16 | 0.06 | 27 | ||
2021-12-01 | 2021-10-31 | -0.16 | -0.09 | 0.07 | 43 | ||
2020-02-26 | 2020-01-31 | -0.35 | -0.28 | 0.07 | 20 | ||
2021-06-02 | 2021-04-30 | -0.16 | -0.08 | 0.08 | 50 | ||
2022-03-03 | 2022-01-31 | -0.21 | -0.12 | 0.09 | 42 | ||
2019-12-04 | 2019-10-31 | -0.31 | -0.22 | 0.09 | 29 |
Know Elastic NV's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Elastic NV is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Elastic NV backward and forwards among themselves. Elastic NV's institutional investor refers to the entity that pools money to purchase Elastic NV's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Tiger Technology Management Llc | 2024-09-30 | 1.7 M | Atreides Management, Lp | 2024-09-30 | 1.7 M | State Street Corp | 2024-06-30 | 1.4 M | Geode Capital Management, Llc | 2024-09-30 | 1.4 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.4 M | Optimus Prime Fund Management Co., Ltd. | 2024-09-30 | 1.2 M | Goldman Sachs Group Inc | 2024-06-30 | 945.8 K | Polar Capital Holdings Plc | 2024-06-30 | 935.4 K | Norges Bank | 2024-06-30 | 929.6 K | Baillie Gifford & Co Limited. | 2024-09-30 | 9.4 M | Vanguard Group Inc | 2024-09-30 | 9.2 M |
Elastic NV's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 11.2 B.Market Cap |
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Elastic NV's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | (0.09) | (0.10) | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.08 | 0.09 |
Determining Elastic NV's profitability involves analyzing its financial statements and using various financial metrics to determine if Elastic NV is a good buy. For example, gross profit margin measures Elastic NV's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Elastic NV's profitability and make more informed investment decisions.
Elastic NV's Earnings Breakdown by Geography
Please note, the presentation of Elastic NV's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Elastic NV's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Elastic NV's management manipulating its earnings.
Evaluate Elastic NV's management efficiency
Elastic NV has return on total asset (ROA) of (0.0394) % which means that it has lost $0.0394 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1042 %, meaning that it created $0.1042 on every $100 dollars invested by stockholders. Elastic NV's management efficiency ratios could be used to measure how well Elastic NV manages its routine affairs as well as how well it operates its assets and liabilities. At present, Elastic NV's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.09, whereas Return On Capital Employed is forecasted to decline to (0.1). At present, Elastic NV's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 27.5 M, whereas Total Assets are forecasted to decline to about 1.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.41 | 7.78 | |
| Tangible Book Value Per Share | 4.00 | 4.20 | |
| Enterprise Value Over EBITDA | (130.23) | (136.74) | |
| Price Book Value Ratio | 13.80 | 14.49 | |
| Enterprise Value Multiple | (130.23) | (136.74) | |
| Price Fair Value | 13.80 | 14.49 | |
| Enterprise Value | 10.2 B | 5.6 B |
Understanding the operational decisions made by Elastic NV management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 0.943 |
Basic technical analysis of Elastic Stock
As of the 25th of November, Elastic NV shows the Mean Deviation of 2.04, downside deviation of 5.37, and Semi Deviation of 4.92. Elastic NV technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Elastic NV's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Elastic NV insiders, such as employees or executives, is commonly permitted as long as it does not rely on Elastic NV's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Elastic NV insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Dodds Mark Eugene over three months ago Disposition of 3457 shares by Dodds Mark Eugene of Elastic NV at 110.78 subject to Rule 16b-3 | ||
Shay Banon over three months ago Disposition of 1472 shares by Shay Banon of Elastic NV at 110.23 subject to Rule 16b-3 | ||
Ken Exner over three months ago Disposition of 5950 shares by Ken Exner of Elastic NV at 109.9 subject to Rule 16b-3 | ||
Ken Exner over three months ago Acquisition by Ken Exner of 15235 shares of Elastic NV subject to Rule 16b-3 | ||
Shay Banon over six months ago Disposition of 2709 shares by Shay Banon of Elastic NV at 102.61 subject to Rule 16b-3 | ||
Shay Banon over six months ago Disposition of 122044 shares by Shay Banon of Elastic NV at 101.5 subject to Rule 16b-3 | ||
Dodds Mark Eugene over six months ago Disposition of 2042 shares by Dodds Mark Eugene of Elastic NV at 103.28 subject to Rule 16b-3 |
Elastic NV's Outstanding Corporate Bonds
Elastic NV issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Elastic NV uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Elastic bonds can be classified according to their maturity, which is the date when Elastic NV has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Elastic NV's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Elastic NV's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0323 | |||
| Market Risk Adjusted Performance | 0.0879 | |||
| Mean Deviation | 2.04 | |||
| Semi Deviation | 4.92 | |||
| Downside Deviation | 5.37 | |||
| Coefficient Of Variation | 3177.14 | |||
| Standard Deviation | 4.23 | |||
| Variance | 17.85 | |||
| Information Ratio | 5.0E-4 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | 0.0779 | |||
| Maximum Drawdown | 28.2 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 3.69 | |||
| Downside Variance | 28.82 | |||
| Semi Variance | 24.18 | |||
| Expected Short fall | (2.00) | |||
| Skewness | (3.24) | |||
| Kurtosis | 26.03 |
| Risk Adjusted Performance | 0.0323 | |||
| Market Risk Adjusted Performance | 0.0879 | |||
| Mean Deviation | 2.04 | |||
| Semi Deviation | 4.92 | |||
| Downside Deviation | 5.37 | |||
| Coefficient Of Variation | 3177.14 | |||
| Standard Deviation | 4.23 | |||
| Variance | 17.85 | |||
| Information Ratio | 5.0E-4 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | 0.0779 | |||
| Maximum Drawdown | 28.2 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 3.69 | |||
| Downside Variance | 28.82 | |||
| Semi Variance | 24.18 | |||
| Expected Short fall | (2.00) | |||
| Skewness | (3.24) | |||
| Kurtosis | 26.03 |
Consider Elastic NV's intraday indicators
Elastic NV intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elastic NV stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Elastic NV Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 5th of November 2024 Other Reports | ViewVerify |
Elastic Stock media impact
Far too much social signal, news, headlines, and media speculation about Elastic NV that are available to investors today. That information is available publicly through Elastic media outlets and privately through word of mouth or via Elastic internal channels. However, regardless of the origin, that massive amount of Elastic data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Elastic NV news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Elastic NV relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Elastic NV's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Elastic NV alpha.
Elastic NV Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Elastic NV can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Elastic NV Historical Investor Sentiment
Investor biases related to Elastic NV's public news can be used to forecast risks associated with an investment in Elastic. The trend in average sentiment can be used to explain how an investor holding Elastic can time the market purely based on public headlines and social activities around Elastic NV. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Elastic NV's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Elastic NV and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Elastic NV news discussions. The higher the estimate score, the more favorable the investor's outlook on Elastic NV.
Elastic NV Corporate Management
| Mathew Donoghue | Chief Officer | Profile | |
| Carolyn Herzog | Chief Secretary | Profile | |
| Steven Schuurman | Co-Founder, Non-Executive Independent Director | Profile | |
| Shelley Leibowitz | Non-Executive Independent Director | Profile | |
| Jonathan Chadwick | Non-Executive Independent Director | Profile | |
| Anthony Luscri | Vice Relations | Profile | |
| Nikolay CFA | Vice Relations | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elastic NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elastic NV. If investors know Elastic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elastic NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.6 | Revenue Per Share 13.114 | Quarterly Revenue Growth 0.183 | Return On Assets (0.04) | Return On Equity 0.1042 |
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Elastic NV's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Elastic NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elastic NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.