Elastic N.V (NYSE: ESTC) is -13.49% lower on its value in year-to-date trading and has touched a low of $69.00 and a high of $123.96 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ESTC stock was last observed hovering at around $86.39 in the last trading session, with the day’s loss setting it -0.68%.
Currently trading at $85.71, the stock is -4.34% and 0.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.98 million and changing -0.79% at the moment leaves the stock -7.56% off its SMA200. ESTC registered -20.05% loss for a year compared to 6-month loss of -26.25%. The firm has a 50-day simple moving average (SMA 50) of $85.2878 and a 200-day simple moving average (SMA200) of $92.71995.
The stock witnessed a -0.65% gain in the last 1 month and extending the period to 3 months gives it a -6.00%, and is 4.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.59% over the week and 3.82% over the month.
Elastic N.V (ESTC) has around 3187 employees, a market worth around $8.95B and $1.48B in sales. Fwd P/E is 32.90. Profit margin for the company is -7.29%. Distance from 52-week low is 24.22% and -30.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.14%).
The EPS is expected to grow by 12.04% this year.
Elastic N.V (ESTC) Top Institutional Holders
608.0 institutions hold shares in Elastic N.V (ESTC), with institutional investors hold 97.77% of the company’s shares. The shares outstanding are 105.53M, and float is at 90.15M with Short Float at 3.72%. Institutions hold 85.08% of the Float.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 9.79 million shares valued at $1.11 billion. The investor’s holdings represent 9.5679% of the ESTC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.93 million shares valued at $1.02 billion to account for 8.7351 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.11 million shares representing 4.9977% and valued at over $582.3 million, while JPMORGAN CHASE & CO holds 4.4924 of the shares totaling 4.59 million with a market value of $523.42 million.
Elastic N.V (ESTC) Insider Activity
Still, SEC filings show that on Jun 09 ’25, Dodds Mark Eugene (Chief Revenue Officer) Proposed Sale 5,514 shares at an average price of $86.91 for $0.48 million. The insider now directly holds shares of Elastic N.V (ESTC).
