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NYSE:ESTC

Elastic Stock Forecast, Price & News

$106.04
-1.86 (-1.72 %)
(As of 10/28/2020 12:00 AM ET)
Add
Compare
Today's Range
$104.24
Now: $106.04▼
$107.00
50-Day Range
$99.78
MA: $110.77▼
$125.66
52-Week Range
$39.01
Now: $106.04▼
$127.90
Volume955,759 shs
Average Volume1.30 million shs
Market Capitalization$9.15 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.97
Elastic N.V., a search company, delivers technology that enables users to search through structured and unstructured data for a range of consumer and enterprise applications. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as perform search, analysis, and visualization. The company's Elastic Stack product comprises 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. It also provides software solutions on the Elastic Stack that address cases, including app search, site search, workplace search, logging, metrics, application performance management, 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.
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Beat the Market (BTM) Rank™

Analyst Opinion: 3.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.54 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
Employees1,936

Debt

Debt-to-Equity RatioN/A
Current Ratio1.57
Quick Ratio1.57

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 / Sales21.39
Cash FlowN/A
Price / Cash FlowN/A
Book Value$5.06 per share
Price / Book20.96

Profitability

EPS (Most Recent Fiscal Year)($1.53)
Net Income$-167,170,000.00
Net Margins-30.94%
Return on Equity-25.60%
Return on Assets-13.87%

Miscellaneous

Outstanding Shares86,272,000
Market Cap$9.15 billion
Next Earnings Date12/2/2020 (Estimated)
OptionableNot Optionable
$106.04
-1.86 (-1.72 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Elastic (NYSE:ESTC) Frequently Asked Questions

How has Elastic's stock been impacted by COVID-19 (Coronavirus)?

Elastic's stock was trading at $52.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ESTC shares have increased by 100.8% and is now trading at $106.04.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Elastic?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Elastic in the last year. There are currently 4 hold ratings and 11 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, December 2nd 2020.
View our earnings forecast for Elastic.

How were Elastic's earnings last quarter?

Elastic (NYSE:ESTC) issued its earnings results on Wednesday, August, 26th. The company reported $0.06 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.18) by $0.24. The business had revenue of $128.90 million for the quarter, compared to analyst estimates of $120.94 million. Elastic had a negative net margin of 30.94% and a negative return on equity of 25.60%. The company's quarterly revenue was up 43.7% compared to the same quarter last year. During the same quarter last year, the company earned ($0.32) 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, August, 26th. The company provided earnings per share (EPS) guidance of ($0.83)-($0.69) for the period, compared to the Thomson Reuters consensus estimate of ($0.91). The company issued revenue guidance of $544-$550 million, compared to the consensus revenue estimate of $537.31 million.

What price target have analysts set for ESTC?

15 equities research analysts have issued twelve-month price objectives for Elastic's shares. Their forecasts range from $90.00 to $146.00. On average, they anticipate Elastic's stock price to reach $125.19 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
View analysts' price targets for Elastic.

Are investors shorting Elastic?

Elastic saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,990,000 shares, an increase of 20.3% from the September 30th total of 5,810,000 shares. Based on an average daily trading volume, of 1,040,000 shares, the days-to-cover ratio is presently 6.7 days. Approximately 11.3% of the shares of the stock are sold short.
View Elastic's Short Interest.

Who are some of Elastic's key competitors?

Some companies that are related to Elastic include Electronic Arts (EA), Synopsys (SNPS), Splunk (SPLK), Cadence Design Systems (CDNS), Datadog (DDOG), CrowdStrike (CRWD), Okta (OKTA), Atlassian (TEAM), ANSYS (ANSS), Paycom Software (PAYC), Coupa Software (COUP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Check Point Software Technologies (CHKP), Cloudflare (NET) and Palantir Technologies (PLTR).
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), Square (SQ), Fastly (FSLY), Roku (ROKU), Okta (OKTA), Docusign (DOCU), Trade Desk (TTD), Twilio (TWLO), CrowdStrike (CRWD) and Alibaba Group (BABA).

Who are Elastic's key executives?

Elastic's management team includes the following people:
  • Mr. Shay Banon, Co-Founder, CEO & Exec. Chairman (Age 42, Pay $571.89k)
  • Mr. Steven Schuurman, Co-Founder & Non-Exec. Director (Age 44, Pay $30k)
  • Mr. Janesh Moorjani, Chief Financial Officer (Age 47, Pay $572.93k)
  • Mr. W. H. Baird Garrett, Sr. VP & Gen. Counsel (Age 58, Pay $400k)
  • Mr. Kevin Kluge, Sr. VP of Engineering (Age 49, Pay $442.11k)
  • Mr. Uri Boness, Founder
  • Mr. Simon Willnauer, Founder
  • Mr. Robin Sharpe, VP of Operations
  • Mr. Anthony Luscri, VP of Investor Relations
  • Mr. Justin Hoffman, Sr. VP of Sales

When did Elastic IPO?

(ESTC) raised $192 million in an initial public offering (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 number of retail and institutional investors. Top institutional shareholders include Columbus Circle Investors (0.15%), Osborne Partners Capital Management LLC (0.05%), Hamilton Lane Advisors LLC (0.04%), State of New Jersey Common Pension Fund D (0.04%), Envestnet Asset Management Inc. (0.03%) and KBC Group NV (0.02%). 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 major investors are selling Elastic stock?

ESTC stock was sold by a variety of institutional investors in the last quarter, including Hamilton Lane Advisors LLC, Harel Insurance Investments & Financial Services Ltd., and State of New Jersey Common Pension Fund D. 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 major investors are buying Elastic stock?

ESTC stock was purchased by a variety of institutional investors in the last quarter, including Columbus Circle Investors, KBC Group NV, Envestnet Asset Management Inc., Osborne Partners Capital Management LLC, IBM Retirement Fund, Xponance Inc., Arden Trust Co, and Ingalls & Snyder LLC.
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 $106.04.

How big of a company is Elastic?

Elastic has a market capitalization of $9.15 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 10/28/2020 by MarketBeat.com Staff
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