On Friday, Elastic N.V (NYSE: ESTC) opened lower -2.99% from the last session, before settling in for the closing price of $107.26. Price fluctuations for ESTC have ranged from $69.00 to $136.06 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 36.79% annually for the last half of the decade. Company’s average yearly earnings per share was noted 44.66% at the time writing. With a float of $88.43 million, this company’s outstanding shares have now reached $103.63 million.
In an organization with 3187 employees, it is important to assess its efficiency. 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 Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Elastic N.V is 14.72%, while institutional ownership is 81.16%. The most recent insider transaction that took place on Dec 09 ’24, was worth 401,286. In this transaction Chief Revenue Officer of this company sold 3,691 shares at a rate of $108.72, taking the stock ownership to the 99,239 shares. Before that another transaction happened on Dec 09 ’24, when Company’s CFO & COO sold 8,501 for $108.72, making the entire transaction worth $924,229. This insider now owns 187,049 shares in total.
Elastic N.V (ESTC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
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
Check out the current performance indicators for Elastic N.V (ESTC). In the past quarter, the stock posted a quick ratio of 1.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.60. Likewise, its price to free cash flow for the trailing twelve months is 52.02.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.49 million. That was better than the volume of 1.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.42%. Additionally, its Average True Range was 4.24.
During the past 100 days, Elastic N.V’s (ESTC) raw stochastic average was set at 71.27%, which indicates a significant increase from 7.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.84% in the past 14 days, which was lower than the 63.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $91.09, while its 200-day Moving Average is $98.99. However, in the short run, Elastic N.V’s stock first resistance to watch stands at $107.04. Second resistance stands at $110.02. The third major resistance level sits at $111.91. If the price goes on to break the first support level at $102.17, it is likely to go to the next support level at $100.28. Assuming the price breaks the second support level, the third support level stands at $97.30.
Elastic N.V (NYSE: ESTC) Key Stats
There are currently 103,632K shares outstanding in the company with a market cap of 10.46 billion. Presently, the company’s annual sales total 1,267 M according to its annual income of 61,720 K. Last quarter, the company’s sales amounted to 365,360 K and its income totaled -25,450 K.
