After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Elastic Names Mark Dodds Chief Revenue Officer.
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Stocks Info
The company is listed on the NYSE and operates within the Software – Application industry segment. The current market capitalization of Elastic N.V is $11.61B. A total of 2.23 million shares were traded on the day, compared to an average of 1.51M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ESTC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 33 SELLs from insiders. Insiders purchased 167,887 shares during that period but sold 3,859,294.
In the most recent transaction, Gleeson Alison sold 3,404 shares of ESTC for 111.94 per share on Dec 15. After the transaction, the Director now owns 6,577 company shares. In a previous transaction on Dec 12, Herzog Carolyn sold 20,234 shares at 115.49 per share. ESTC shares that Chief Legal Officer owns now total 90,390.
Among the insiders who sold shares, Leibowitz Shelley B disposed of 1,000 shares on Dec 12 at a per-share price of $115.53. This resulted in the Director holding 5,577 shares of ESTC after the transaction. In another insider transaction, Banon Shay sold 89,995 shares at $116.10 per share on Dec 11. Company shares held by the Chief Technology Officer now total 4,520,036.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ESTC in the last 3 months, the mean price target is $112.10 with high estimates of $140.00 and low estimates of $67.00. In terms of 52-week highs and lows, ESTC has a high of $118.24 and a low of $49.02.
As of this writing, ESTC has an earnings estimate of $0.31 per share for the current quarter. EPS was calculated based on a consensus of 21 estimates, with a high estimate of $0.34 per share and a lower estimate of $0.31. The company reported an EPS of $0.25 in the last quarter, which was 127.30% higher than expectations of $0.11.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ESTC’s latest balance sheet shows that the firm has $860.95M in Cash & Short Term Investments as of fiscal 2022. There were $594.22M in debt and $593.33M in liabilities at the time. Its Book Value Per Share was $4.57, while its Total Shareholder’s Equity was $415.43M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ESTC is Buy with a score of 4.35.
