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NYSE:ESTCElastic Stock Price, Forecast & News

$87.08
+3.23 (+3.85 %)
(As of 08/13/2020 04:00 PM ET)
Add
Compare
Today's Range
$83.95
Now: $87.08▼
$89.14
50-Day Range
$83.85
MA: $92.36▼
$97.92
52-Week Range
$39.01
Now: $87.08▼
$99.56
Volume1.97 million shs
Average Volume1.37 million shs
Market Capitalization$7.43 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.94
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.
Read More

Beat the Market (BTM) Rank™

Analyst Opinion: 3.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.61 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNYSE:ESTC
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.elastic.co
Phone650-458-2620

Debt

Debt-to-Equity Ratio0.07
Current Ratio1.49
Quick Ratio1.49

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$427.62 million
Price / Sales17.37
Cash FlowN/A
Price / Cash FlowN/A
Book Value$5.06 per share
Price / Book17.21

Profitability

EPS (Most Recent Fiscal Year)($1.53)
Net Income$-167,170,000.00
Net Margins-39.09%
Return on Equity-34.65%
Return on Assets-18.69%

Miscellaneous

Employees1,936
Outstanding Shares85,283,000
Market Cap$7.43 billion
Next Earnings Date8/26/2020 (Confirmed)
OptionableNot Optionable
$87.08
+3.23 (+3.85 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Elastic (NYSE:ESTC) Frequently Asked Questions

How has Elastic's stock price been impacted by Coronavirus?

Elastic's stock was trading at $52.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ESTC shares have increased by 64.9% and is now trading at $87.08.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Elastic?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elastic in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Elastic.

When is Elastic's next earnings date?

Elastic is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020.
View our earnings forecast for Elastic.

How can I listen to Elastic's earnings call?

Elastic will be holding an earnings conference call on Wednesday, August 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Elastic's earnings last quarter?

Elastic NV (NYSE:ESTC) announced its earnings results on Wednesday, June, 3rd. The company reported ($0.12) EPS for the quarter, beating the Zacks' consensus estimate of ($0.31) by $0.19. The company earned $123.60 million during the quarter, compared to analysts' expectations of $117.15 million. Elastic had a negative net margin of 39.09% and a negative return on equity of 34.65%. The firm's quarterly revenue was up 52.6% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.28) earnings per share.
View Elastic's earnings history.

What guidance has Elastic issued on next quarter's earnings?

Elastic updated its FY21 earnings guidance on Wednesday, June, 3rd. The company provided earnings per share guidance of ($0.98)-($0.85) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($1.32). The company issued revenue guidance of $530-$540 million, compared to the consensus revenue estimate of $561.27 million.

What price target have analysts set for ESTC?

14 brokers have issued 12 month price targets for Elastic's shares. Their forecasts range from $60.00 to $137.00. On average, they expect Elastic's share price to reach $96.86 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price.
View analysts' price targets for Elastic.

Has Elastic been receiving favorable news coverage?

News coverage about ESTC stock has been trending extremely negative on Thursday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Elastic earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.
View the latest news about Elastic.

Are investors shorting Elastic?

Elastic saw a increase in short interest in July. As of July 31st, there was short interest totaling 7,320,000 shares, an increase of 14.0% from the July 15th total of 6,420,000 shares. Based on an average trading volume of 1,400,000 shares, the days-to-cover ratio is presently 5.2 days. Currently, 12.3% of the shares of the company are short sold.
View Elastic's Short Interest.

Who are some of Elastic's key competitors?

Some companies that are related to Elastic include ANSYS (ANSS), Okta (OKTA), Datadog (DDOG), Crowdstrike (CRWD), Atlassian (TEAM), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Coupa Software (COUP), Check Point Software Technologies (CHKP), Paycom Software (PAYC), Citrix Systems (CTXS), SS&C Technologies (SSNC), Symantec (SYMC), Nice (NICE), NortonLifeLock (NLOK) and Tyler Technologies (TYL).
View all competitors.

What other stocks do shareholders of Elastic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Elastic investors own include NVIDIA (NVDA), Roku (ROKU), Square (SQ), Okta (OKTA), Twilio (TWLO), Fastly (FSLY), Alteryx (AYX), Crowdstrike (CRWD), Paypal (PYPL) and Trade Desk (TTD).

Who are Elastic's key executives?

Elastic's management team includes the following 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 $26.00-$29.00 per share. Goldman Sachs, J.P. Morgan, Barclays and RBC Capital Markets acted as the underwriters for the IPO and BofA Merrill Lynch, Citigroup, Jefferies and Canaccord Genuity were co-managers.

What is Elastic's stock symbol?

Elastic trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESTC."

Who are Elastic's major shareholders?

Elastic's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (10.00%), FIL Ltd (3.00%), TimesSquare Capital Management LLC (0.98%), Goldman Sachs Group Inc. (0.81%), Ardevora Asset Management LLP (0.63%) and First Trust Advisors LP (0.55%). 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 FIL Ltd, Goldman Sachs Group Inc., Glynn Capital Management LLC, TimesSquare Capital Management LLC, Pier Capital LLC, Hamilton Lane Advisors LLC, First Republic Investment Management Inc., and Nicholas Investment Partners LP. Company insiders that have sold Elastic company stock in the last year include Aaron Katz, Janesh Moorjani, Jonathan Chadwick, Kevin Kluge, Michelangelo Volpi, Shay Banon, Steven Schuurman, and WH Baird Garrett.
View insider buying and selling activity for Elastic.

Which institutional investors are buying Elastic stock?

ESTC stock was purchased by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, FMR LLC, Healthcare of Ontario Pension Plan Trust Fund, First Trust Advisors LP, Macquarie Group Ltd., Russell Investments Group Ltd., Thrivent Financial for Lutherans, and Bank of New York Mellon Corp.
View insider buying and selling activity 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 $87.08.

How big of a company is Elastic?

Elastic has a market capitalization of $7.43 billion and generates $427.62 million in revenue each year. The company earns $-167,170,000.00 in net income (profit) each year or ($1.53) on an earnings per share basis. Elastic employs 1,936 workers across the globe.

What is Elastic's official website?

The official website for Elastic is www.elastic.co.

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]

This page was last updated on 8/13/2020 by MarketBeat.com Staff
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