We Analyzed the Future Direction of Elevate Credit Inc. (ELVT), Here is What We Found

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Elevate Credit Inc. (NYSE:ELVT) went down by -18.92% from its latest closing price compared to the recent 1-year high of $4.90. The company’s stock price has collected -9.98% of loss in the last five trading sessions. Press Release reported on 03/19/21 that Elevate Named One of the 2021 Best Workplaces in Texas(TM)

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Is It Worth Investing in Elevate Credit Inc. (NYSE :ELVT) Right Now?

Elevate Credit Inc. (NYSE:ELVT) scored a price-to-earnings ratio above its average ratio, recording 4.32 x from its present earnings ratio. Plus, the 36-month beta value for ELVT is at 2.83. Opinions of the stock are interesting as 1 analysts out of 4 who provided ratings for Elevate Credit Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $5.05, which is $2.05 above the current price. ELVT currently public float of 25.84M and currently shorts hold a 1.43% ratio of that float. Today, the average trading volume of ELVT was 428.67K shares.

ELVT’s Market Performance

ELVT stocks went down by -9.98% for the week, with a monthly drop of -12.94% and a quarterly performance of 2.49%, while its annual performance rate touched 203.28%. The volatility ratio for the week stands at 8.11% while the volatility levels for the past 30 days are set at 7.09% for Elevate Credit Inc.. The simple moving average for the period of the last 20 days is -29.56% for ELVT stocks with a simple moving average of 0.63% for the last 200 days.

Analysts’ Opinion of ELVT

BTIG Research gave a rating of “Buy” to ELVT, setting the target price at $6 in the report published on July 16th of the previous year.

ELVT Trading at -29.75% from the 50-Day Moving Average

After a stumble in the market that brought ELVT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.78% of loss for the given period.

Volatility was left at 7.09%, however, over the last 30 days, the volatility rate increased by 8.11%, as shares sank -18.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.32% lower at present.

During the last 5 trading sessions, ELVT fell by -19.76%, which changed the moving average for the period of 200-days by +24.25% in comparison to the 20-day moving average, which settled at $4.22. In addition, Elevate Credit Inc. saw -7.27% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ELVT starting from Stinson Linda, who sale 28,453 shares at the price of $3.76 back on Mar 24. After this action, Stinson Linda now owns 1,988,695 shares of Elevate Credit Inc., valued at $107,012 using the latest closing price.

Head Tyler W. K., the Director of Elevate Credit Inc., sale 28,453 shares at $3.76 during a trade that took place back on Mar 24, which means that Head Tyler W. K. is holding 1,988,695 shares at $107,012 based on the most recent closing price.

Stock Fundamentals for ELVT

Current profitability levels for the company are sitting at:

  • +25.83 for the present operating margin
  • +90.00 for the gross margin

The net margin for Elevate Credit Inc. stands at +7.78. The total capital return value is set at 17.94, while invested capital returns managed to touch 5.43. Equity return is now at value 12.90, with 3.00 for asset returns.

Based on Elevate Credit Inc. (ELVT), the company’s capital structure generated 274.84 points at debt to equity in total, while total debt to capital is 73.32. Total debt to assets is 66.16, with long-term debt to equity ratio resting at 272.48. Finally, the long-term debt to capital ratio is 72.69.

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When we switch over and look at the enterprise to sales, we see a ratio of 0.89, with the company’s debt to enterprise value settled at 1.08. The receivables turnover for the company is 34.79 and the total asset turnover is 0.63.

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