Elastic Stock Analysis


USD 68.10  2.69  3.80%   

The small slip in market price for the last few months could raise concerns from investors as the firm is trading at a share price of 68.10 on 1,603,400 in volume. The company executives did not add much value to Elastic NV investors in August. However, diversifying your holdings with Elastic NV or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.79. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Elastic NV partners.
Continue to Investing Opportunities.
The Elastic NV stock analysis report makes it easy to digest most publicly released information about Elastic NV and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Elastic Stock analysis module also helps to analyze the Elastic NV price relationship with some important fundamental indicators such as market cap and management efficiency.

Elastic Stock Analysis Notes

About 19.0% of the company shares are held by company insiders. The company recorded a loss per share of 1.38. Elastic NV had not issued any dividends in recent years. Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud environments. The company was incorporated in 2012 and is headquartered in Mountain View, California. Elastic NV operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 2978 people. To learn more about Elastic NV call Shay Banon at 650 458 2620 or check out https://www.elastic.co.

Elastic NV Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Elastic NV's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Elastic NV or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Elastic NV generated a negative expected return over the last 90 days
Elastic NV has high historical volatility and very poor performance
The company reported the previous year's revenue of 862.37 M. Net Loss for the year was (203.85 M) with profit before overhead, payroll, taxes, and interest of 631.57 M.
About 75.0% of the company shares are held by institutions such as insurance companies
Latest headline from simplywall.st: CEO Director Ashutosh Kulkarni Just Sold A Bunch Of Shares In Elastic N.V. - Simply Wall St

Elastic NV Upcoming and Recent Events

Earnings reports are used by Elastic NV to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Elastic NV previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report23rd of February 2022
Next Financial Report1st of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End1st of June 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

Elastic NV SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Elastic NV prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Elastic NV investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Elastic NV specific information freely available to individual and institutional investors to make a timely investment decision.
25th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
7th of July 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
1st of June 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
9th of March 2022
Submission of Matters to a Vote of Security Holders
3rd of March 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
11th of February 2022
Unclassified Corporate Event
9th of February 2022
Unclassified Corporate Event
3rd of February 2022
Unclassified Corporate Event

Elastic Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Elastic NV is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Elastic NV backward and forwards among themselves. Elastic NV's institutional investor refers to the entity that pools money to purchase Elastic NV's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares7.2 M488.1 M
Fmr LlcCommon Shares5.9 M398.6 M
Blackrock IncCommon Shares5.8 M389.6 M
Sylebra Capital LtdCommon Shares4.5 M304.3 M
Jpmorgan Chase CoCommon Shares3.1 M208.2 M
Fil LtdCommon Shares2.2 M148.5 M
Jackson Square Partners LlcCommon Shares2.1 M145.2 M
Note, although Elastic NV's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Elastic Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 6.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elastic NV's market, we take the total number of its shares issued and multiply it by Elastic NV's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Elastic Profitablity

Elastic NV's profitability indicators refer to fundamental financial ratios that showcase Elastic NV's ability to generate income relative to its revenue or operating costs. If, let's say, Elastic NV is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Elastic NV's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Elastic NV's profitability requires more research than a typical breakdown of Elastic NV's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (23.64) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (19.25) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.19.

Management Efficiency

The entity has return on total asset (ROA) of (7.93) % which means that it has lost $7.93 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (47.06) %, meaning that it created substantial loss on money invested by shareholders. Elastic NV management efficiency ratios could be used to measure how well elastic nv manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 25th of September, Elastic NV shows the Mean Deviation of 3.07, semi deviation of 4.24, and Downside Deviation of 4.32. Elastic NV technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Elastic NV, which can be compared to its rivals. Please confirm Elastic NV information ratio, and the relationship between the downside deviation and value at risk to decide if Elastic NV is priced favorably, providing market reflects its regular price of 68.1 per share. Given that Elastic NV has jensen alpha of 0.1459, we urge you to verify Elastic NV's prevailing market performance to make sure the company can sustain itself at a future point.

Elastic NV Price Movement Analysis

The output start index for this execution was four with a total number of output elements of fifty-seven. The Moving Average is predictive technique used to analyze Elastic NV price data points by creating a series of averages of different subsets of Elastic NV entire price series.

Elastic NV Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Elastic NV insiders, such as employees or executives, is commonly permitted as long as it does not rely on Elastic NV's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Elastic NV insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Elastic NV Predictive Daily Indicators

Elastic NV intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elastic NV stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Elastic NV Forecast Models

Elastic NV time-series forecasting models is one of many Elastic NV's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elastic NV's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Elastic Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Elastic NV prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elastic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Elastic NV. By using and applying Elastic Stock analysis, traders can create a robust methodology for identifying Elastic entry and exit points for their positions.
Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud environments. The company was incorporated in 2012 and is headquartered in Mountain View, California. Elastic NV operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 2978 people.

Current Elastic Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Elastic analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Elastic analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Elastic NV current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Elastic analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Elastic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Elastic NV, talking to its executives and customers, or listening to Elastic conference calls.
Elastic Analyst Advice Details

Elastic Stock Analysis Indicators

Elastic NV stock analysis indicators help investors evaluate how Elastic NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Elastic NV shares will generate the highest return on investment. By understating and applying Elastic NV stock analysis, traders can identify Elastic NV position entry and exit signals to maximize returns.
Quick Ratio1.81
Fifty Two Week Low50.74
Revenue Growth34.80%
Shares Short Prior Month3.85M
Average Daily Volume Last 10 Day1.56M
Average Daily Volume In Three Month1.23M
Shares Percent Shares Out3.38%
Gross Margins73.24%
Short Percent Of Float4.14%
Forward Price Earnings400.59
Float Shares77.38M
Fifty Two Week High189.84
Enterprise Value To Ebitda-49.97
Fifty Day Average81.42
Two Hundred Day Average84.46
Enterprise Value To Revenue8.48
Continue to Investing Opportunities. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Elastic NV price analysis, check to measure Elastic NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elastic NV is operating at the current time. Most of Elastic NV's value examination focuses on studying past and present price action to predict the probability of Elastic NV's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Elastic NV's price. Additionally, you may evaluate how the addition of Elastic NV to your portfolios can decrease your overall portfolio volatility.
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Is Elastic NV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elastic NV. If investors know Elastic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elastic NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elastic NV's value and its price as these two are different measures arrived at by different means. Investors typically determine Elastic NV value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elastic NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.