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Elastic (ESTC)

(Delayed Data from NYSE)

$71.10 USD

71.10
2,624,196

+0.96 (1.37%)

Updated Sep 9, 2024 04:00 PM ET

After-Market: $71.20 +0.10 (0.14%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value A Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 33% (82 out of 249)

Industry: Technology Services

Better trading starts here.

Zacks News

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Booz Allen Appoints EVP and SVP to Its Commercial Business

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Xerox (XRX) Launches App That Manages Distributed Employees

The new offering seems to be a part of Xerox's (XRX) aggressive product development program for areas that show true potential.

Robert Half's Protiviti Unveils Business Resilience Tool

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Here's Why You Should Hold on to Rollins (ROL) Stock Now

Acquisitions are a major growth catalyst in Rollins' (ROL) business. However, a highly-leveraged balance sheet is a headwind.

Waste Management, Advanced Disposal Revise Buyout Deal

Waste Management (WM) continues to expect more than $100 million in annual cost savings and capital expenditure synergies, and significant cash flow growth from the transaction.

Moving Average Crossover Alert: Elastic

Elastic N.V. (ESTC) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

FTI Consulting Hires Senior MD to Turnaround & Restructuring

The new appointment appears to be part of FTI Consulting's efforts to enhance its employees' skill sets and improve offerings.

Accenture to Open Advanced Technology Center in St. Louis

The center is expected to add 1,400 technology jobs to the St. Louis area over a period of five years.

Here's Why You Should Hold on to FTI Consulting (FCN) Stock

FTI Consulting's (FTI) international operations help expand its geographic footprint and contribute to the top line. Nevertheless, its debt laden balance sheet is a headwind.

Strategic Investments to Aid H&R Block (HRB) Post Pandemic

H&R Block's (HRB) performance post the pandemic is expected to be driven by strategic investments in price, technology and operational excellence.

TransUnion (TRU) Unveils CreditVision Acute Relief Suite

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Two Omnicom Public Relations Group Firms Form Partnership

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Here's Why You Should Hold on to ServiceMaster (SERV) Stock

ServiceMaster's (SERV) revenue streams are diversified across customers and geographies, which enable it to mitigate risks.

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IHS Markit's (INFO) business model ensures solid recurring revenue generation capacity, operational efficiency and margin expansion. However, high debt is a concern.

Accenture Enters Agreement to Acquire France-Based Sentelis

The buyout is expected to boost Accenture's (ACN) analytics, AI and ML/data engineering business particularly in France.

How Elastic (ESTC) Stock Stands Out in a Strong Industry

Elastic (ESTC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Elastic (ESTC) Moves to Strong Buy: Rationale Behind the Upgrade

Elastic (ESTC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Here's Why You Should Retain Waste Management (WM) Stock

Waste Management (WM) is one of the few players that are staying afloat amid tough economic conditions and maintaining dividend payouts.

Here's Why You Should Retain MAXIMUS (MMS) in Your Portfolio

MAXIMUS (MMS) maintains solid relationships and strong reputation with governments, and long-term contracts provide it with predictable recurring revenue streams.

Here's Why You Should Hold on to FactSet (FDS) Stock

FactSet is beneifiting from a growing customer base, high client retention rate, solid revenue growth and a competitive pricing strategy.

Elastic (ESTC) Reports Q4 Loss, Tops Revenue Estimates

Elastic (ESTC) delivered earnings and revenue surprises of 61.29% and 5.60%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?