1 week Ago By Defense World Staff
Elastic ( NYSE:ESTC – Free Report ) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Elastic in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey expects that the company will post earnings per share of ($0.
72) for the year. Cantor Fitzgerald has a “Hold” rating and a $108.00 price objective on the stock.
The consensus estimate for Elastic’s current full-year earnings is ($0.77) per share. ESTC has been the subject of several other reports.
William Blair raised shares of Elastic from a “market perform” rating to an “outperform” rating in a research report on Monday, October 14th. Oppenheimer increased their price objective on Elastic from $125.00 to $140.
00 and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Royal Bank of Canada lifted their target price on Elastic from $110.00 to $130.
00 and gave the company an “outperform” rating in a research report on Friday, November 22nd. Piper Sandler upped their target price on Elastic from $100.00 to $130.
00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Finally, Needham & Company LLC restated a “hold” rating on shares of Elastic in a research note on Friday, November 22nd. Seven equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock.
According to data from MarketBeat, Elastic has a consensus rating of “Moderate Buy” and an average target price of $125.35. Elastic Trading Up 0.
3 % NYSE ESTC opened at $104.39 on Friday. The stock has a market cap of $10.
82 billion, a PE ratio of 189.81 and a beta of 1.06.
Elastic has a 12 month low of $69.00 and a 12 month high of $136.06.
The company’s 50-day moving average price is $102.96 and its 200-day moving average price is $95.30.
The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.
70. Institutional Trading of Elastic Hedge funds and other institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc.
purchased a new position in Elastic during the fourth quarter valued at approximately $25,000. Quarry LP purchased a new position in shares of Elastic during the 2nd quarter valued at approximately $40,000. Eastern Bank purchased a new position in shares of Elastic during the 3rd quarter valued at approximately $61,000.
FNY Investment Advisers LLC lifted its stake in shares of Elastic by 87.3% in the 4th quarter. FNY Investment Advisers LLC now owns 749 shares of the company’s stock valued at $74,000 after purchasing an additional 349 shares during the period.
Finally, Blue Trust Inc. boosted its holdings in Elastic by 21.2% during the third quarter.
Blue Trust Inc. now owns 2,582 shares of the company’s stock worth $198,000 after buying an additional 452 shares in the last quarter. Institutional investors and hedge funds own 97.
03% of the company’s stock. Insider Buying and Selling In other news, CEO Ashutosh Kulkarni sold 7,017 shares of the stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $108.
12, for a total value of $758,678.04. Following the transaction, the chief executive officer now directly owns 395,326 shares of the company’s stock, valued at approximately $42,742,647.
12. This represents a 1.74 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, insider Carolyn Herzog sold 11,145 shares of Elastic stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $111.
34, for a total value of $1,240,884.30. Following the sale, the insider now directly owns 92,011 shares of the company’s stock, valued at $10,244,504.
74. This trade represents a 10.80 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 168,162 shares of company stock worth $18,637,562 in the last three months. Corporate insiders own 15.
90% of the company’s stock. Elastic Company Profile ( Get Free Report ) Elastic N.V.
, a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. See Also Five stocks we like better than Elastic What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story Bloom Energy: Powering the Future With Decentralized Energy How Investors Can Identify and Successfully Trade Gap-Down Stocks Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul How to Capture the Benefits of Dividend Increases Why Traders Are Buying the Dip on Johnson & Johnson Stock Receive News & Ratings for Elastic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elastic and related companies with MarketBeat.
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