Elastic NV Buy Hold or Sell Recommendation

ESTC -- USA Stock  

Fiscal Quarter End: October 31, 2019  

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Elastic NV is 'Cautious Hold'. Macroaxis provides Elastic NV buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ESTC positions. The advice algorithm takes into account all of Elastic NV available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ESTC buy-and-hold prospective. Additionally see Elastic NV Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Elastic NVBuy Elastic NV
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
For the selected time horizon Elastic NV has a mean deviation of 2.31, semi deviation of 0.0, standard deviation of 3.47, variance of 12.06, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides buy, hold, or sell suggestion on Elastic NV to complement and cross-verify current analyst consensus on Elastic NV. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Elastic NV is not overpriced, please confirm all Elastic NV fundamentals including its Revenue, Current Ratio and the relationship between Number of Shares Shorted and Cash and Equivalents . Given that Elastic NV has Number of Shares Shorted of 5.23 M, we urge you verify Elastic NV market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Elastic NV Trading Alerts and Improvement Suggestions

Elastic NV generates negative expected return over the last 30 days
Elastic NV has high historical volatility and very poor performance
The company reported previous year revenue of 304.72 M. Net Loss for the year was (125.49 M) with profit before overhead, payroll, taxes, and interest of 193.64 M.
The company currently holds about 316.39 M in cash with (30.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.13.
Roughly 44.0% of the company shares are held by company insiders
Latest headline from uspostnews.com: Exercise or conversion by Aaron Katz of 25000 shares of Elastic NV subject to Rule 16b-3

Elastic NV current analysts recommendations

Target Median Price105.00
Target Mean Price107.27
Recommendation Mean2.20
Target High Price137.00
Number Of Analyst Opinions11
Target Low Price90.00

Elastic NV Returns Distribution Density

Mean Return0.19Value At Risk4.79
Potential Upside4.37Standard Deviation3.47
 Return Density 
      Distribution 

Elastic NV Greeks

α
Alpha over DOW
=0.19
β
Beta against DOW=0.21
σ
Overall volatility
=3.46
Ir
Information ratio =0.05

Elastic NV Volatility Alert

Elastic NV exhibits very low volatility with skewness of 0.01 and kurtosis of 3.59. However, we advise investors to further study Elastic NV technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Elastic NV to competition

Elastic NV Fundamental Vs Peers

FundamentalsElastic NVPeer Average
Return On Equity(0.0001) (0.31) 
Return On Asset(0.34) (0.14) 
Profit Margin(0.61) (1.27) 
Operating Margin(40.10) (5.51) 
Current Valuation6.78 B16.62 B
Shares Outstanding76.53 M571.82 M
Shares Owned by Insiders44.38 10.09 
Shares Owned by Institutions52.94 39.21 
Number of Shares Shorted5.23 M4.71 M
Price to Earning(41.15) 28.72 
Price to Book24.78 9.51 
Price to Sales20.83 11.42 
Revenue304.72 M9.43 B
Gross Profit193.64 M27.38 B
EBITDA(116.76 M)3.9 B
Net Income(125.49 M)570.98 M
Cash and Equivalents316.39 M2.7 B
Cash per Share4.13 5.01 
Total Debt33.32 M5.32 B
Debt to Equity13.00 48.70 
Current Ratio2.06 2.16 
Book Value Per Share(3.36) 1.93 K
Cash Flow from Operations(30.76 M)971.22 M
Short Ratio2.65 4.00 
Earnings Per Share(1.92) 3.12 
Price to Earnings To Growth(5.98) 4.89 
Number of Employees1.44 K18.84 K
Market Capitalization6.35 B19.03 B
Total Asset182.13 M29.47 B
Retained Earnings(174.15 M)9.33 B
Working Capital52.97 M1.48 B
Current Asset146.16 M9.34 B
Current Liabilities93.19 M7.9 B
   Bona fide gift to Volpi Michelangelo of 4956 shares of Elastic NV subject to Section 16 [view details]

Elastic NV Market Momentum

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