Elanco Animal Health Inc (ELAN) concluded trading on Thursday at a closing price of $12.05, with 2.88 million shares of worth about $34.67 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -15.56% during that period and on December 26, 2024 the price saw a gain of about 1.43%. Currently the company’s common shares owned by public are about 494.33M shares, out of which, 486.97M shares are available for trading.
Stock saw a price change of 2.73% in past 5 days and over the past one month there was a price change of -10.01%. Year-to-date (YTD), ELAN shares are showing a performance of -19.13% which decreased to -18.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.40 but also hit the highest price of $18.80 during that period. The average intraday trading volume for Elanco Animal Health Inc shares is 4.60 million. The stock is currently trading -2.47% below its 20-day simple moving average (SMA20), while that difference is down -6.23% for SMA50 and it goes to -16.64% lower than SMA200.
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Elanco Animal Health Inc (NYSE: ELAN) currently have 494.33M outstanding shares and institutions hold larger chunk of about 98.02% of that.
The stock has a current market capitalization of $5.96B and its 3Y-monthly beta is at 1.41. PE ratio of stock for trailing 12 months is 29.49, while it has posted earnings per share of $0.41 in the same period. Its PEG reads 2.95 and has Quick Ratio of 1.31 while making debt-to-equity ratio of 0.67. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ELAN, volatility over the week remained 3.35% while standing at 3.79% over the month.
Stock’s fiscal year EPS is expected to rise by 2.89% while it is estimated to decrease by -0.61% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on December 09, 2024 offering a Buy rating for the stock and assigned a target price of $18 to it. Coverage by Leerink Partners stated Elanco Animal Health Inc (ELAN) stock as a Market perform in their note to investors on December 02, 2024, suggesting a price target of $14 for the stock. On September 19, 2024, Morgan Stanley Downgrade their recommendations, while on January 05, 2024, Stifel Upgrade their ratings for the stock with a price target of $20. Stock get a Buy rating from Jefferies on December 19, 2023.
