Elanco Animal Health Incorporated (ELAN): Skating on Thin Ice? We Know the Answer

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Elanco Animal Health Incorporated (NYSE:ELAN) went up by 3.65% from its latest closing price compared to the recent 1-year high of $34.81. The company’s stock price has collected 3.51% of gains in the last five trading sessions. Press Release reported 14 hours ago that Elanco Confirms Date and Conference Call for First Quarter 2021 Financial Results Announcement

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Is It Worth Investing in Elanco Animal Health Incorporated (NYSE :ELAN) Right Now?

Opinions of the stock are interesting as 7 analysts out of 13 who provided ratings for Elanco Animal Health Incorporated declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”


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The average price from analysts is $35.11, which is $3.69 above the current price. ELAN currently public float of 452.25M and currently shorts hold a 2.28% ratio of that float. Today, the average trading volume of ELAN was 4.06M shares.

ELAN’s Market Performance

ELAN stocks went up by 3.51% for the week, with a monthly drop of -7.51% and a quarterly performance of -2.58%, while its annual performance rate touched 35.62%. The volatility ratio for the week stands at 3.16% while the volatility levels for the past 30 days are set at 3.57% for Elanco Animal Health Incorporated. The simple moving average for the period of the last 20 days is -3.32% for ELAN stocks with a simple moving average of 4.39% for the last 200 days.

Analysts’ Opinion of ELAN

Credit Suisse, on the other hand, stated in their research note that they expect to see ELAN reach a price target of $38, previously predicting the price at $33. The rating they have provided for ELAN stocks is “Outperform” according to the report published on February 26th, 2021.

ELAN Trading at -2.34% from the 50-Day Moving Average

After a stumble in the market that brought ELAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.36% of loss for the given period.

Volatility was left at 3.57%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares sank -8.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.47% lower at present.

During the last 5 trading sessions, ELAN rose by +3.51%, which changed the moving average for the period of 200-days by +33.92% in comparison to the 20-day moving average, which settled at $30.70. In addition, Elanco Animal Health Incorporated saw -2.80% 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 ELAN starting from BAYER AKTIENGESELLSCHAFT, who sale 54,500,000 shares at the price of $29.84 back on Dec 03. After this action, BAYER AKTIENGESELLSCHAFT now owns 18,446,429 shares of Elanco Animal Health Incorporated, valued at $1,626,367,200 using the latest closing price.

HOOVER R DAVID, the See Remarks of Elanco Animal Health Incorporated, purchase 5,000 shares at $28.62 during a trade that took place back on Aug 28, which means that HOOVER R DAVID is holding 45,000 shares at $143,100 based on the most recent closing price.

Stock Fundamentals for ELAN

Current profitability levels for the company are sitting at:

  • -2.35 for the present operating margin
  • +38.09 for the gross margin

The net margin for Elanco Animal Health Incorporated stands at -17.11. The total capital return value is set at -0.67, while invested capital returns managed to touch -5.06. Equity return is now at value -7.40, with -4.10 for asset returns.

Based on Elanco Animal Health Incorporated (ELAN), the company’s capital structure generated 74.51 points at debt to equity in total, while total debt to capital is 42.70. Total debt to assets is 35.69, with long-term debt to equity ratio resting at 67.53. Finally, the long-term debt to capital ratio is 38.70.

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When we switch over and look at the enterprise to sales, we see a ratio of 5.91, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 3.33 and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.

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