Elastic Nv Stock Today

ESTC Stock  USD 94.13  5.55  6.27%   

Performance

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Odds Of Distress

Less than 3

 
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Elastic NV is trading at 94.13 as of the 22nd of November 2024, a 6.27 percent up since the beginning of the trading day. The stock's open price was 88.58. Elastic NV has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on April 2, 2021, Representative Anthony E Gonzalez of US Congress acquired $50k to $100k worth of Elastic NV's common stock.
Business Domain
Software & Services
IPO Date
5th of October 2018
Category
Technology
Classification
Information Technology
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. The company has 102.75 M outstanding shares of which 3.01 M shares are currently shorted by private and institutional investors with about 2.99 trading days to cover. More on Elastic NV

Moving against Elastic Stock

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Elastic Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAshutosh Kulkarni
Business ConcentrationApplication Software, Software - Application, Information Technology, NYSE Composite, ISE Cloud Computing, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.670.5651
Fairly Up
Very volatile
Gross Profit Margin0.80.7395
Significantly Up
Slightly volatile
Total Current Liabilities459.9 M871.1 M
Way Down
Slightly volatile
Non Current Liabilities Total340.5 M633.3 M
Way Down
Slightly volatile
Total Assets1.1 B2.2 B
Way Down
Slightly volatile
Total Current Assets793.2 M1.5 B
Way Down
Slightly volatile
Debt Levels
Elastic NV can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Elastic NV's financial leverage. It provides some insight into what part of Elastic NV's total assets is financed by creditors.
Liquidity
Elastic NV currently holds 593.7 M in liabilities with Debt to Equity (D/E) ratio of 1.51, which is about average as compared to similar companies. Elastic NV has a current ratio of 1.92, which is within standard range for the sector. Note, when we think about Elastic NV's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(7.65 Million)
Elastic NV (ESTC) is traded on New York Stock Exchange in USA. It is located in Keizersgracht 281, Amsterdam, Netherlands, 1016 ED and employs 3,299 people. Elastic NV is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.1 B. Elastic NV conducts business under Software sector and is part of Information Technology industry. The entity has 102.75 M outstanding shares of which 3.01 M shares are currently shorted by private and institutional investors with about 2.99 trading days to cover. Elastic NV currently holds about 848.76 M in cash with 148.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.94.
Check Elastic NV Probability Of Bankruptcy
Ownership Allocation
Elastic NV holds a total of 102.75 Million outstanding shares. The majority of Elastic NV outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Elastic NV to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Elastic NV. Please pay attention to any change in the institutional holdings of Elastic NV as this could imply that something significant has changed or is about to change at the company. Also note that almost six million nine hundred sixty-six thousand one hundred eleven invesors are currently shorting Elastic NV expressing very little confidence in its future performance.
Check Elastic Ownership Details

Elastic Stock Institutional Holders

InstituionRecorded OnShares
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
View Elastic NV Diagnostics

Elastic NV Historical Income Statement

At present, Elastic NV's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 64.8 M, whereas Tax Provision is projected to grow to (175.3 M). View More Fundamentals

Elastic Stock Against Markets

Elastic NV Corporate Management

Mathew DonoghueChief OfficerProfile
Carolyn HerzogChief SecretaryProfile
Steven SchuurmanCo-Founder, Non-Executive Independent DirectorProfile
Shelley LeibowitzNon-Executive Independent DirectorProfile
Jonathan ChadwickNon-Executive Independent DirectorProfile
Anthony LuscriVice RelationsProfile
Nikolay CFAVice RelationsProfile
When determining whether Elastic NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elastic NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elastic Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elastic Nv Stock:
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.
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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
0.61
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.
Please note, there is a significant difference between Elastic NV's value and its price as these two are different measures arrived at by different 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.