Elastic Nv Stock Analysis

ESTC Stock  USD 94.13  5.55  6.27%   
Elastic NV is overvalued with Real Value of 86.94 and Target Price of 83.39. The main objective of Elastic NV stock analysis is to determine its intrinsic value, which is an estimate of what Elastic NV is worth, separate from its market price. There are two main types of Elastic NV's stock analysis: fundamental analysis and technical analysis.
The Elastic NV stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Elastic NV's ongoing operational relationships across important fundamental and technical indicators.
  
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.

Elastic Stock Analysis Notes

About 15.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud environments. The company was incorporated in 2012 and is headquartered in Mountain View, California. Elastic NV operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 3056 people. To learn more about Elastic NV call Shay Banon at 650 458 2620 or check out https://www.elastic.co.

Elastic NV Quarterly Total Revenue

347.42 Million

Elastic NV Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Elastic NV's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Elastic NV or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Elastic NV generated a negative expected return over the last 90 days
Elastic NV has high historical volatility and very poor performance
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 seekingalpha.com: Elastic Q2 2025 Earnings Preview

Elastic NV Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Elastic NV 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

Elastic Largest EPS Surprises

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-08-25
2022-07-31-0.17-0.150.0211 
2024-02-29
2024-01-310.320.360.0412 
2022-06-01
2022-04-30-0.22-0.160.0627 
View All Earnings Estimates

Elastic NV Environmental, Social, and Governance (ESG) Scores

Elastic NV's ESG score is a quantitative measure that evaluates Elastic NV's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Elastic NV's operations that may have significant financial implications and affect Elastic NV's stock price as well as guide investors towards more socially responsible investments.

Elastic Stock Institutional Investors

Shares
Tiger Technology Management Llc2024-06-30
1.7 M
Atreides Management, Lp2024-09-30
1.7 M
State Street Corp2024-06-30
1.4 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.4 M
Geode Capital Management, Llc2024-06-30
1.3 M
Optimus Prime Fund Management Co., Ltd.2024-09-30
1.2 M
Goldman Sachs Group Inc2024-06-30
945.8 K
Polar Capital Holdings Plc2024-06-30
935.4 K
Norges Bank2024-06-30
929.6 K
Baillie Gifford & Co Limited.2024-09-30
9.4 M
Vanguard Group Inc2024-09-30
9.2 M
Note, although Elastic NV's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Elastic Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.1 B.

Elastic Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.1) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.1.
Last ReportedProjected 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 

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 ReportedProjected 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 Value10.2 B5.6 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.
Operating Margin
(0.1)
Profit Margin
0.0462
Beta
0.943
Return On Assets
(0.04)
Return On Equity
0.1042

Technical Drivers

As of the 22nd of November, Elastic NV shows the Mean Deviation of 1.82, standard deviation of 3.76, and Coefficient Of Variation of (1,491). 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 Price Movement Analysis

Execute Study
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Elastic NV middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Elastic NV. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Elastic NV 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.

Elastic NV Outstanding 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.

Elastic NV Predictive Daily 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

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
13A
18th of October 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
F4
2nd of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
1st of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
10th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
3rd of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Elastic NV Forecast Models

Elastic NV's time-series forecasting models are one of many Elastic NV's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elastic NV's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Elastic Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Elastic NV prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elastic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Elastic NV. By using and applying Elastic Stock analysis, traders can create a robust methodology for identifying Elastic entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.10)(0.10)
Operating Profit Margin(0.10)(0.11)
Net Profit Margin 0.05  0.05 
Gross Profit Margin 0.74  0.80 

Current Elastic Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Elastic analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Elastic analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
83.39Strong Buy27Odds
Elastic NV current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Elastic analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Elastic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Elastic NV, talking to its executives and customers, or listening to Elastic conference calls.
Elastic Analyst Advice Details

Elastic Stock Analysis Indicators

Elastic NV stock analysis indicators help investors evaluate how Elastic NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Elastic NV shares will generate the highest return on investment. By understating and applying Elastic NV stock analysis, traders can identify Elastic NV position entry and exit signals to maximize returns.
Begin Period Cash Flow646.6 M
Total Stockholder Equity738.2 M
Capital Lease Obligations25.1 M
Property Plant And Equipment Net26 M
Cash And Short Term Investments1.1 B
Cash540.4 M
50 Day M A80.431
Net Interest Income-26.1 M
Total Current Liabilities871.1 M
Forward Price Earnings58.4795
Investments-288 M
Interest Expense26.1 M
Stock Based Compensation239.1 M
Long Term Debt568.6 M
Common Stock Shares Outstanding104 M
Tax Provision-184.5 M
Free Cash Flow145.3 M
Other Current Assets123.5 M
Accounts Payable26.1 M
Net Debt53.3 M
Other Operating Expenses1.4 B
Non Current Assets Total711.7 M
Liabilities And Stockholders Equity2.2 B
Non Currrent Assets Other119.7 M

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When running Elastic NV's price analysis, check to measure Elastic NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elastic NV is operating at the current time. Most of Elastic NV's value examination focuses on studying past and present price action to predict the probability of Elastic NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastic NV's price. Additionally, you may evaluate how the addition of Elastic NV to your portfolios can decrease your overall portfolio volatility.
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