On Friday, Elanco Animal Health Inc (NYSE: ELAN) opened lower -0.43% from the last session, before settling in for the closing price of $14.04. Price fluctuations for ELAN have ranged from $11.20 to $18.80 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 9.00%. Company’s average yearly earnings per share was noted 3.34% at the time writing. With a float of $487.53 million, this company’s outstanding shares have now reached $492.85 million.
Let’s determine the extent of company efficiency that accounts for 9800 employees. In terms of profitability, gross margin is 48.77%, operating margin of 4.92%, and the pretax margin is 9.25%.
Elanco Animal Health Inc (ELAN) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Elanco Animal Health Inc is 1.24%, while institutional ownership is 98.13%. The most recent insider transaction that took place on Aug 22 ’24, was worth 51,974. In this transaction Director of this company bought 3,500 shares at a rate of $14.85, taking the stock ownership to the 81,094 shares. Before that another transaction happened on Aug 12 ’24, when Company’s PRESIDENT, CEO AND DIRECTOR bought 100,000 for $13.01, making the entire transaction worth $1,300,610. This insider now owns 145,000 shares in total.
Elanco Animal Health Inc (ELAN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 3.34% per share during the next fiscal year.
Elanco Animal Health Inc (NYSE: ELAN) Trading Performance Indicators
Check out the current performance indicators for Elanco Animal Health Inc (ELAN). In the past quarter, the stock posted a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 18.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.93 in one year’s time.
Technical Analysis of Elanco Animal Health Inc (ELAN)
Looking closely at Elanco Animal Health Inc (NYSE: ELAN), its last 5-days average volume was 3.75 million, which is a drop from its year-to-date volume of 4.77 million. As of the previous 9 days, the stock’s Stochastic %D was 71.67%. Additionally, its Average True Range was 0.49.
During the past 100 days, Elanco Animal Health Inc’s (ELAN) raw stochastic average was set at 54.32%, which indicates a significant decrease from 67.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.08% in the past 14 days, which was lower than the 53.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.82, while its 200-day Moving Average is $14.92. However, in the short run, Elanco Animal Health Inc’s stock first resistance to watch stands at $14.14. Second resistance stands at $14.30. The third major resistance level sits at $14.53. If the price goes on to break the first support level at $13.75, it is likely to go to the next support level at $13.52. Now, if the price goes above the second support level, the third support stands at $13.36.
Elanco Animal Health Inc (NYSE: ELAN) Key Stats
There are currently 494,353K shares outstanding in the company with a market cap of 6.88 billion. Presently, the company’s annual sales total 4,417 M according to its annual income of -1,231 M. Last quarter, the company’s sales amounted to 1,030 M and its income totaled 364,000 K.
