Justin Hoffman - Elastic NV Senior Vice President of Sales

ESTC Stock  USD 96.19  0.88  0.92%   

President

Mr. Justin Hoffman iss Senior Vice President of Sales at Elasticsearch Global BV. He is globally responsible for engaging with our amazing community, executing Elastic customer acquisition strategy, and delivering a best in class customer experience. Previously, Justin spent 12 years at VMware in regional and global executive leadership roles building many of the company early strategic customer relationships across all segments and industries. As a leader for VMware Application and Enduser computing business units he led the organization in its early efforts to expand into new markets through various acquisitions and new product launches. Prior to VMware he worked at Inktomi, a pioneer in advanced Search and content distribution technologies. Justin holds a Bachelor of Arts degree in Communication from Saint Mary College of California.
Address Keizersgracht 281, Amsterdam, Netherlands, 1016 ED
Phone650 458 2620
Webhttps://www.elastic.co

Elastic NV Management Efficiency

The company has return on total asset (ROA) of (0.0403) % which means that it has lost $0.0403 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1027 %, meaning that it created $0.1027 on every $100 dollars invested by stockholders. Elastic NV's management efficiency ratios could be used to measure how well Elastic NV manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to -0.16. In addition to that, Return On Capital Employed is expected to decline to -0.17. At present, Elastic NV's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 134.5 M, whereas Net Tangible Assets are forecasted to decline to about 66.8 M.
The company currently holds 594.23 M in liabilities with Debt to Equity (D/E) ratio of 1.51, which is about average as compared to similar companies. Elastic NV has a current ratio of 1.92, which is within standard range for the sector. Debt can assist Elastic NV until it has trouble settling it off, either with new capital or with free cash flow. So, Elastic NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elastic NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elastic to invest in growth at high rates of return. When we think about Elastic NV's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Frank AugerHubSpot
46
Surendra MandavaCadence Design Systems
59
Martin LundCadence Design Systems
46
Anutthara BharadwajAtlassian Corp Plc
41
John MarlowRingcentral
55
Mitesh DhruvRingcentral
42
Catherine WongDomo Inc
48
Charlie HuangCadence Design Systems
49
Praerit GargSmartsheet
51
Chris HarringtonDomo Inc
N/A
Tim ArmandpourPagerduty
47
Stacey GiamalisPagerduty
55
CHINCHI TENGCadence Design Systems
58
Neil ZamanCadence Design Systems
49
James CowieCadence Design Systems
53
John WallCadence Design Systems
53
Bernd GreifenederDynatrace Holdings LLC
52
Jay SimonsAtlassian Corp Plc
45
Riadh DridiRingcentral
N/A
Michael ArntzSmartsheet
62
Steven ChungPagerduty
50
Elastic N.V., a search company, delivers technology solutions designed to run in public or private clouds in multi-cloud environments. The company was incorporated in 2012 and is headquartered in Mountain View, California. Elastic NV operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 3056 people. Elastic NV (ESTC) is traded on New York Stock Exchange in USA. It is located in Keizersgracht 281, Amsterdam, Netherlands, 1016 ED and employs 3,161 people. Elastic NV is listed under Application Software category by Fama And French industry classification.

Management Performance

Elastic NV Leadership Team

Elected by the shareholders, the Elastic NV's board of directors comprises two types of representatives: Elastic NV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Elastic. The board's role is to monitor Elastic NV's management team and ensure that shareholders' interests are well served. Elastic NV's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Elastic NV's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mathew Donoghue, Chief Officer
Carolyn Herzog, Chief Secretary
Steven Schuurman, Co-Founder, Non-Executive Independent Director
Shelley Leibowitz, Non-Executive Independent Director
Jonathan Chadwick, Non-Executive Independent Director
Nikolay CFA, Vice Relations
Ken Exner, Chief Officer
Kevin Kluge, Senior Vice President of Engineering
Leah Sutton, Senior Vice President of Global Human Resources
Janesh Moorjani, Chief Financial Officer
W Garrett, Senior Vice President of Legal, General Counsel
Aaron Katz, Chief Revenue Officer
Craig Griffin, VP Devel
Chetan Puttagunta, Non-Executive Lead Independent Director
Paul Appleby, President - Worldwide Field Operations
Caryn Marooney, Non-Executive Independent Director
Steven CBDO, CoFounder Director
Shay Banon, Executive Chairman, Chief Executive Officer, Co-Founder
Peter Fenton, Non-Executive Independent Director
Justin Hoffman, Senior Vice President of Sales
Uri Boness, Founder
Simon Willnauer, Founder
Ashutosh Kulkarni, Acting Chief Executive Officer, Chief Product Officer
Alison Gleeson, Non-Executive Independent Director
Michelangelo Volpi, Non-Executive Independent Vice Chairman of the Board

Elastic Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Elastic NV a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Elastic NV

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elastic NV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elastic NV will appreciate offsetting losses from the drop in the long position's value.

Moving together with Elastic Stock

  0.89U Unity Software Financial Report 8th of May 2024 PairCorr
  0.69DT Dynatrace Holdings LLC Financial Report 15th of May 2024 PairCorr

Moving against Elastic Stock

  0.87ML MoneyLion Financial Report 14th of May 2024 PairCorr
  0.84VERX Vertex Financial Report 8th of May 2024 PairCorr
  0.69DJCO Daily Journal CorpPairCorr
  0.65DSGX Descartes Systems Financial Report 29th of May 2024 PairCorr
  0.64BL Blackline Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to Elastic NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elastic NV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elastic NV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elastic NV to buy it.
The correlation of Elastic NV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elastic NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elastic NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elastic NV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Elastic NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elastic NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elastic Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elastic Nv Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elastic NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Elastic Stock refer to our How to Trade Elastic Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Elastic Stock analysis

When running Elastic NV's price analysis, check to measure Elastic NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elastic NV is operating at the current time. Most of Elastic NV's value examination focuses on studying past and present price action to predict the probability of Elastic NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elastic NV's price. Additionally, you may evaluate how the addition of Elastic NV to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Is Elastic NV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elastic NV. If investors know Elastic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elastic NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.52
Revenue Per Share
12.3
Quarterly Revenue Growth
0.194
Return On Assets
(0.04)
Return On Equity
0.1027
The market value of Elastic NV is measured differently than its book value, which is the value of Elastic that is recorded on the company's balance sheet. Investors also form their own opinion of Elastic NV's value that differs from its market value or its book value, called intrinsic value, which is Elastic NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elastic NV's market value can be influenced by many factors that don't directly affect Elastic NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elastic NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elastic NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elastic NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.