Elastic N.V (NYSE: ESTC) kicked off on Friday, down -0.61% from the previous trading day, before settling in for the closing price of $110.13. Over the past 52 weeks, ESTC has traded in a range of $69.00-$136.06.
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During the last 5-year period, the sales growth of Technology Sector giant was 36.79%. While this was happening, its average annual earnings per share was recorded 44.66%. With a float of $85.69 million, this company’s outstanding shares have now reached $101.71 million.
Let’s determine the extent of company efficiency that accounts for 3187 employees. In terms of profitability, gross margin is 74.02%, operating margin of -7.64%, and the pretax margin is -7.18%.
Elastic N.V (ESTC) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Elastic N.V is 16.70%, while institutional ownership is 81.29%. The most recent insider transaction that took place on Nov 27 ’24, was worth 16,437,015. Before that another transaction happened on Nov 26 ’24, when Company’s Chief Technology Officer sold 150,000 for $110.92, making the entire transaction worth $16,637,498. This insider now owns 2,604,978 shares in total.
Elastic N.V (ESTC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 44.66% per share during the next fiscal year.
Elastic N.V (NYSE: ESTC) Trading Performance Indicators
Take a look at Elastic N.V’s (ESTC) current performance indicators. Last quarter, stock had a quick ratio of 1.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.20. Likewise, its price to free cash flow for the trailing twelve months is 56.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.55, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 1.92 in one year’s time.
Technical Analysis of Elastic N.V (ESTC)
Looking closely at Elastic N.V (NYSE: ESTC), its last 5-days average volume was 3.11 million, which is a jump from its year-to-date volume of 1.33 million. As of the previous 9 days, the stock’s Stochastic %D was 75.46%. Additionally, its Average True Range was 4.39.
During the past 100 days, Elastic N.V’s (ESTC) raw stochastic average was set at 73.62%, which indicates a significant decrease from 74.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.63% in the past 14 days, which was lower than the 64.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $84.58, while its 200-day Moving Average is $99.97. However, in the short run, Elastic N.V’s stock first resistance to watch stands at $111.46. Second resistance stands at $113.46. The third major resistance level sits at $114.54. If the price goes on to break the first support level at $108.38, it is likely to go to the next support level at $107.30. Should the price break the second support level, the third support level stands at $105.30.
Elastic N.V (NYSE: ESTC) Key Stats
The company with the Market Capitalisation of 11.27 billion has total of 103,632K Shares Outstanding. Its annual sales at the moment are 1,267 M in contrast with the sum of 61,720 K annual income. Company’s last quarter sales were recorded 365,360 K and last quarter income was -25,450 K.
