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 analyst gave a price target of 135, which equates to a potential upside of 19.06 percent. The lowest price target was 102, which equates to a potential downside of -10.04 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -3.85 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.12 percent.

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, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

ELLI has an estimated earnings growth rate of -10.54 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ELLI is -8.09.

In the last 52-weeks, ELLI has achieved a high of 114.95 and a low of 77.60. The current market price is above the trailing year's low by 46.12 percent, and 1.36 percent lower than its 52-week 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 market cap of ELLI is $3.88 billion. ELLI will post this quarters earnings in days, on 0000-00-00.