Elanco Animal Health Incorporated (NYSE:ELAN) went down by -2.16% from its latest closing price compared to the recent 1-year high of $37.49. The company’s stock price has collected 0.12% of gains in the last five trading sessions. Press Release reported on 10/07/21 that Elanco Confirms Date and Conference Call for Third Quarter 2021 Financial Results Announcement
Is It Worth Investing in Elanco Animal Health Incorporated (NYSE :ELAN) Right Now?
Opinions of the stock are interesting as 7 analysts out of 11 who provided ratings for Elanco Animal Health Incorporated declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $37.86, which is $2.95 above the current price. ELAN currently public float of 453.07M and currently shorts hold a 1.86% ratio of that float. Today, the average trading volume of ELAN was 3.79M shares.
ELAN’s Market Performance
ELAN stocks went up by 0.12% for the week, with a monthly drop of -3.31% and a quarterly performance of -5.71%, while its annual performance rate touched -4.76%. The volatility ratio for the week stands at 2.39% while the volatility levels for the past 30 days are set at 2.20% for Elanco Animal Health Incorporated. The simple moving average for the period of the last 20 days is -0.77% for ELAN stocks with a simple moving average of -0.71% for the last 200 days.
Analysts’ Opinion of ELAN
Many brokerage firms have already submitted their reports for ELAN stocks, with Credit Suisse repeating the rating for ELAN by listing it as a “Outperform.” The predicted price for ELAN in the upcoming period, according to Credit Suisse is $38 based on the research report published on August 05th of the current year 2021.
ELAN Trading at -1.64% 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 -14.16% of loss for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares sank -2.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.84% lower at present.
During the last 5 trading sessions, ELAN rose by +0.12%, which changed the moving average for the period of 200-days by +5.37% in comparison to the 20-day moving average, which settled at $32.39. In addition, Elanco Animal Health Incorporated saw 4.92% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ELAN starting from Elanco Animal Health Inc, who purchase 45,508,938 shares at the price of $9.25 back on Aug 27. After this action, Elanco Animal Health Inc now owns 10,000 shares of Elanco Animal Health Incorporated, valued at $420,957,676 using the latest closing price.
HOOVER R DAVID, the See Remarks of Elanco Animal Health Incorporated, purchase 8,000 shares at $31.45 during a trade that took place back on Aug 16, which means that HOOVER R DAVID is holding 90,000 shares at $251,592 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 -8.90, with -4.20 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.
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.