Elastic N.V Shares Close the Day 15.1% Higher - Daily Wrap

The company saw its shares close the day 15.1% higher than yesterday, with trading volume higher than its 30 day average.

May 13, 2022 by Kwhen Finance Editors

Elastic N.V Shares Close the Day 15.1% Higher - Daily Wrap
Elastic N.V (ESTC) shares closed today 15.1% higher than it did at the end of yesterday. The stock is currently down 48.1% year-to-date, down 37.9% over the past 12 months, and down 8.7% over the past five years. Today, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 2.4%.

Trading Activity

  • Shares traded as high as $65.00 and as low as $50.74 this week.
  • Shares closed 66.3% below its 52-week high and 26.0% above its 52-week low.
  • Trading volume this week was 8.6% higher than the 10-day average and 57.5% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.2.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 11.2% higher than its 5-day moving average, 13.5% lower than its 20-day moving average, and 25.2% lower than its 90-day moving average.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $-112,241,000 in earnings before interest and taxes from $608 million in revenue. It currently holds $400 million in cash and $450 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 0 is higher than its current P/E ratio of -32.91, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -3.77. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 2.16 which means it currently has $2.16 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 32.49. This means that the stock is trading at a premium of 32 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 24.07.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 23.41.

P/E

-32.91

EBITDA

$-112,241,000

P/Book

32.49

Mkt Cap

$5B

P/Sales

24.07

Revenue

$608M

EPS (TTM)

-1.98

PEG Ratio

-3.77

EV/Revenue

23.41

Total Cash

$400M

Debt/Equity

2.16

Forward P/E

0.00

Current Debt

$450M

Gross Profit

$447M

Dividend Date

-

Earnings Date

2022-06-01

Profit Margin

-0.21

Revenue/Share

6.63

Total Revenue

$608M

Enterprise Val

$14B

Put/Call Ratio

0.82

Revenue/Employee

608489.00

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price beats the performance of its peers in the Information Technology industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Elastic N.V15.1-48.1-37.9-69.713.3
Dow Jones Industrial Average1.4-12.1-3.8-12.92.5
S&P 500 Index2.4-17.1-2.0-17.13.0
Information Technology3.8-24.5-0.8-28.23.9

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 216.4%
  • The company's stock price performance over the past 12 months lags the peer average by 6686.4%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Elastic N.VESTC-32.9-48.1-37.9-69.713.3
Peer AvgN/A-11.8-15.2-0.6-45.540.5
Anaplan IncPLAN-47.339.922.8-8.561.1
Phreesia IncPHR0-60.8-62.4-80.015.5
Phunware IncPHUN0-39.937.4-93.785.3

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