Elanco Animal Health Inc (NYSE: ELAN) on November 20, 2023, started off the session at the price of $11.81, soaring 0.51% from the previous trading day. During the day, the shares moved up to $12.03 and dropped to $11.64 before settling in for the closing price of $11.82. Within the past 52 weeks, ELAN’s price has moved between $7.88 and $14.69.
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 10.20%. The company achieved an average annual earnings per share of -18.86%. With a float of $486.24 million, this company’s outstanding shares have now reached $492.80 million.
Considering the fact that the conglomerate employs 9740 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +44.66, operating margin of +8.71, and the pretax margin is -1.63.
Elanco Animal Health Inc (ELAN) Breakdown of a Key Holders of the stock
Observing investor behavior towards Drug Manufacturers – Specialty & Generic industry stocks is more important than anything else. The insider ownership of Elanco Animal Health Inc is 1.33%, while institutional ownership is 99.06%. The most recent insider transaction that took place on Mar 14, was worth 47,750. In this transaction Director of this company bought 5,000 shares at a rate of $9.55, taking the stock ownership to the 165,000 shares. Before that another transaction happened on Mar 13, when Company’s Director bought 5,000 for $9.46, making the entire transaction worth $47,288. This insider now owns 160,000 shares in total.
Elanco Animal Health Inc (ELAN) Recent Fiscal highlights
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $0.18 earnings per share (EPS) for the period topping the consensus outlook (set at $0.12) by $0.06. This company achieved a net margin of -1.77 while generating a return on equity of -1.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.55% during the next five years compared to 28.42% growth over the previous five years of trading.
Elanco Animal Health Inc (NYSE: ELAN) Trading Performance Indicators
Elanco Animal Health Inc (ELAN) is currently performing well based on its current performance indicators. A quick ratio of 1.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.32, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.89 in one year’s time.
Technical Analysis of Elanco Animal Health Inc (ELAN)
Compared to the last year’s volume of 6.7 million, its volume of 4.68 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 94.96%. Additionally, its Average True Range was 0.48.
During the past 100 days, Elanco Animal Health Inc’s (ELAN) raw stochastic average was set at 80.10%, which indicates a significant decrease from 95.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.77% in the past 14 days, which was higher than the 47.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.36, while its 200-day Moving Average is $10.45. Nevertheless, the first resistance level for the watch stands at $12.06 in the near term. At $12.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.45. If the price goes on to break the first support level at $11.67, it is likely to go to the next support level at $11.46. Now, if the price goes above the second support level, the third support stands at $11.28.
Elanco Animal Health Inc (NYSE: ELAN) Key Stats
Market capitalization of the company is 5.85 billion based on 492,798K outstanding shares. Right now, sales total 4,411 M and income totals -78,000 K. The company made 1,068 M in profit during its latest quarter, and -1,096 M in sales during its previous quarter.