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.
A number of analysts gave price targets for ELLI. The most optimistic price target was 135, implying a possible profit of 19.06 percent. The most pessimistic price target was 102, implying a possible loss of -10.04 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -3.85 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of ELLI's earnings is estimated by analysts to be -10.54 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ELLI is -8.09.
ELLI has a 52-week high of 114.95 and a 52-week low of 77.60. Currently the stock is 46.12 percent higher than its low, and 1.36 percent below the high. ELLI has a P/E 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 stock has a market capitalization of $3.88 billion. ELLI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.