Analyst Ratings for ELLIE MAE Inc. (ELLI)

Updated: 2017-07-27

Analysts covering ELLIE MAE Inc. (NYSE:ELLI) have given it a consensus rating of Overweight. ELLI had previously received a consensus rating of Overweight a month ago.

13 analysts issued ratings on the stock, where 8 gave ELLI a buy rating, 0 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for ELLI by the analysts covering the stock. The highest price target was 135, implying potential capital gains of 19.06 percent. The minimum price target given was 102, which equates to a potential downside of -10.04 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -3.85 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.12 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

ELLI has an estimated earnings growth rate of -10.54 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. ELLI has a PEG ratio of -8.09.

ELLI has a 52-week high of 114.95 and a 52-week low of 77.60. The current market price is above the trailing year's low by 46.12 percent, and 1.36 percent below the high. ELLI has a price/earnings ratio of 85.26. Investors typically compare the P/E ratio to a company's peers in the industry. The ELLI value stock report compares ELLI to some of its peers using value stock charts. The market cap of ELLI is $3.88 billion. ELLI's next earnings release will be on 0000-00-00, which is days away.