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.

Investment analysts gave a few price targets for ELLI. The most optimistic price target was 135, which equates to a potential upside of 19.06 percent. The lowest 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.12 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of ELLI's earnings is estimated by analysts to be -10.54 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. ELLI has a PEG ratio of -8.09.

ELLI has traded between a high of 114.95 and a low of 77.60 over the past year. Today's price is 46.12 percent above the 52-week low, 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 stock has a market capitalization of $3.88 billion. ELLI's next earnings release will be on 0000-00-00, which is days away.