Elastic N.V. develops and delivers technology that enables users to search structured and unstructured data for a range of consumer and enterprise applications. It primarily provides Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization. Its Elastic Stack comprises products, such as Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems. The company also offers software solutions on the Elastic Stack that address cases, including app search, site search, enterprise search, logging, metrics, application performance monitoring, business analytics, and security analytics. Its products are used by individual developers and organizations of a range of industries. The company was founded in 2012 and is headquartered in Mountain View, California.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorBusiness Services
CIKN/A
Phone650-458-2620
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$271.65 million
Profitability
Miscellaneous
Employees1,442
Next Earnings Date6/3/2020 (Estimated)
OptionableNot Optionable
Elastic (NYSE:ESTC) Frequently Asked Questions
What is Elastic's stock symbol?
Elastic trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESTC."
How were Elastic's earnings last quarter?
Elastic NV (NYSE:ESTC) issued its earnings results on Wednesday, December, 4th. The company reported ($0.22) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.50) by $0.28. The company earned $101.10 million during the quarter, compared to the consensus estimate of $96.51 million. Elastic had a negative return on equity of 44.88% and a negative net margin of 44.42%. The firm's revenue for the quarter was up 59.0% compared to the same quarter last year. During the same period last year, the business posted ($0.38) EPS. View Elastic's Earnings History.
When is Elastic's next earnings date?
What guidance has Elastic issued on next quarter's earnings?
Elastic updated its FY20 earnings guidance on Wednesday, February, 26th. The company provided earnings per share (EPS) guidance of ($1.13)-($1.12) for the period, compared to the Thomson Reuters consensus estimate of ($1.22). The company issued revenue guidance of $423-424 million, compared to the consensus revenue estimate of $416.66 million.
What price target have analysts set for ESTC?
13 brokers have issued 1 year target prices for Elastic's stock. Their forecasts range from $84.00 to $137.00. On average, they expect Elastic's share price to reach $103.58 in the next year. This suggests a possible upside of 40.2% from the stock's current price. View Analyst Price Targets for Elastic.
What is the consensus analysts' recommendation for Elastic?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elastic in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Elastic.
Has Elastic been receiving favorable news coverage?
News coverage about ESTC stock has trended very negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Elastic earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Elastic.
Are investors shorting Elastic?
Elastic saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 6,470,000 shares, an increase of 6.8% from the January 30th total of 6,060,000 shares. Based on an average daily trading volume, of 1,390,000 shares, the short-interest ratio is presently 4.7 days. Currently, 12.4% of the shares of the stock are sold short. View Elastic's Current Options Chain.
Who are some of Elastic's key competitors?
Some companies that are related to Elastic include ANSYS (ANSS), Veeva Systems (VEEV), Synopsys (SNPS), Cadence Design Systems (CDNS), Atlassian (TEAM), Paycom Software (PAYC), Check Point Software Technologies (CHKP), Okta (OKTA), Docusign (DOCU), Twilio (TWLO), Tableau Software (DATA), SS&C Technologies (SSNC), Datadog (DDOG), Citrix Systems (CTXS) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).
What other stocks do shareholders of Elastic own?
Who are Elastic's key executives?
Elastic's management team includes the folowing people:
- Mr. Shay Banon, Co-Founder, CEO & Chairman (Age 41)
- Mr. Janesh Moorjani, Chief Financial Officer (Age 46)
- Mr. Aaron Katz, Chief Revenue Officer (Age 42)
- Mr. Uri Boness, Founder
- Mr. Simon Willnauer, Founder
When did Elastic IPO?
(ESTC) raised $192 million in an IPO on Friday, October 5th 2018. The company issued 7,000,000 shares at a price of $26.00-$29.00 per share. Goldman Sachs, J.P. Morgan, Barclays and RBC Capital Markets served as the underwriters for the IPO and BofA Merrill Lynch, Citigroup, Jefferies and Canaccord Genuity were co-managers.
Who are Elastic's major shareholders?
Elastic's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FIL Ltd (7.39%), FMR LLC (6.61%), Sylebra Capital Ltd (5.19%), Capital Research Global Investors (2.21%), Capital International Investors (2.04%) and Alliancebernstein L.P. (1.27%). Company insiders that own Elastic stock include Aaron Katz, Benchmark Capital Management C, Janesh Moorjani, Jonathan Chadwick, Kevin Kluge, Michelangelo Volpi, Shay Banon, Steven Schuurman and WH Baird Garrett. View Institutional Ownership Trends for Elastic.
Which institutional investors are selling Elastic stock?
ESTC stock was sold by a variety of institutional investors in the last quarter, including Tairen Capital Ltd, Goldman Sachs Group Inc., Bank of America Corp DE, Capital Research Global Investors, Credit Suisse AG, Altimeter Capital Management LP, Nicholas Investment Partners LP and Raymond James & Associates. Company insiders that have sold Elastic company stock in the last year include Aaron Katz, Benchmark Capital Management C, Janesh Moorjani, Jonathan Chadwick, Kevin Kluge, Michelangelo Volpi, Shay Banon, Steven Schuurman and WH Baird Garrett. View Insider Buying and Selling for Elastic.
Which institutional investors are buying Elastic stock?
ESTC stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Sylebra Capital Ltd, Alliancebernstein L.P., Alyeska Investment Group L.P., FIL Ltd, Capital International Investors, Eagle Asset Management Inc. and Glynn Capital Management LLC. View Insider Buying and Selling for Elastic.
How do I buy shares of Elastic?
Shares of ESTC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Elastic's stock price today?
One share of ESTC stock can currently be purchased for approximately $73.90.
How big of a company is Elastic?
Elastic has a market capitalization of $5.98 billion and generates $271.65 million in revenue each year. The company earns $-102,300,000.00 in net income (profit) each year or ($1.80) on an earnings per share basis. Elastic employs 1,442 workers across the globe.View Additional Information About Elastic.
What is Elastic's official website?
How can I contact Elastic?
Elastic's mailing address is 800 West El Camino Real Suite 350, Mountain View CA, 94040. The company can be reached via phone at 650-458-2620 or via email at [email protected]
MarketBeat Community Rating for Elastic (NYSE ESTC)
MarketBeat's community ratings are surveys of what our community members think about Elastic and other stocks. Vote "Outperform" if you believe ESTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ESTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
