A major move is in the offing as Elastic N.V (ESTC) market cap hits 11.72 billion

Elastic N.V (NYSE: ESTC) kicked off on Friday, down -3.79% from the previous trading day, before settling in for the closing price of $117.59. Over the past 52 weeks, ESTC has traded in a range of $69.00-$136.06.

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Technology Sector giant saw their annual sales surged by 36.79% over the last five years. While this was happening, its average annual earnings per share was recorded 44.67%. With a float of $89.17 million, this company’s outstanding shares have now reached $103.63 million.

The firm has a total of 3187 workers. Let’s measure their productivity. 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 14.08%, while institutional ownership is 81.84%. The most recent insider transaction that took place on Dec 18 ’24, was worth 758,689. In this transaction Chief Executive Officer of this company sold 7,017 shares at a rate of $108.12, taking the stock ownership to the 395,326 shares. Before that another transaction happened on Dec 18 ’24, when Company’s Officer proposed sale 7,017 for $108.12, making the entire transaction worth $758,689.

Elastic N.V (ESTC) Earnings and Forecasts

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 44.67% 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 8.52. Likewise, its price to free cash flow for the trailing twelve months is 58.30.

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)

Analysing the last 5-days average volume posted by the [Elastic N.V, ESTC], we can find that recorded value of 1.23 million was lower than the volume posted last year of 1.26 million. As of the previous 9 days, the stock’s Stochastic %D was 65.22%. Additionally, its Average True Range was 4.38.

During the past 100 days, Elastic N.V’s (ESTC) raw stochastic average was set at 87.23%, which indicates a significant increase from 56.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.58% in the past 14 days, which was higher than the 41.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $106.46, while its 200-day Moving Average is $99.86. Now, the first resistance to watch is $116.68. This is followed by the second major resistance level at $120.24. The third major resistance level sits at $122.01. If the price goes on to break the first support level at $111.35, it is likely to go to the next support level at $109.58. Should the price break the second support level, the third support level stands at $106.02.

Elastic N.V (NYSE: ESTC) Key Stats

The company with the Market Capitalisation of 11.72 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.