Ellie Mae stock: buy or sell?
April 16th, 2019
Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States.
Should I buy Ellie Mae stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Ellie Mae stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Ellie Mae stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 5 ratings published for ELLI stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-2-14||William Blair||Outperform||Market Perform|
|2019-2-12||Needham & Company LLC||Buy||Hold|
Ellie Mae stock analysis
Ellie Mae remained constant a tight 0.00% and closed at $98.99.
Shares of Ellie Mae remained constant a tight 0.00% and closed at $98.99. Since price and SMA200d lines crossed up on February, ELLI climbed $17.07 (20.84%). Since SMA50d and SMA100d crossed up on February, ELLI price slid a -0.01%.
Shares of Ellie Mae remained steady a tight 0.05% this week. For 4 weeks in a row, price soared and marked a profit of 0.45%.
Far behind is the all-time high Ellie Mae hit by mid June 2018 and since then the price is -15.32% below that top. Since mid February when ELLI stock price broke up the SMA40w line, it gained $16.05 (19.35%).
Ellie Mae stock price history
Ellie Mae IPO was on April 15th, 2011 at $6.00 per share1. Since then, ELLI stock grew a 1,549.80%, with an average of 193.70% per year. If you had invested right after ELLI's IPO a $1,000 in Ellie Mae stock in 2011, it would worth $15,498.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Ellie Mae stock historical price chart
ELLI stock reached all-time highs with a price of $116.90.
Ellie Mae stock price target is $99.00Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 3 price predictions for Ellie Mae stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareEllie Mae disappointed experts on February when it reported an Earnings per Share (EPS) of $0.07 when the market consensus was $0.11.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Ellie Mae annual revenues climbed an extraordinary 15.16% to $480.27 M USD from $417.04 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) slipped a -7.97% to 4.70%.
|2013||$128 M||-||$13 M9.8%||-|
|2014||$162 M||25.73%||$15 M9.2%||17.83%|
|2015||$254 M||57.20%||$22 M8.8%||50.16%|
|2016||$360 M||41.88%||$38 M10.5%||69.72%|
|2017||$417 M||15.75%||$53 M12.7%||39.90%|
|2018||$480 M||15.16%||$23 M4.7%||-57.28%|
Quarterly financial resultsEllie Mae reported $116.05 M in sales for 2018-Q4, a -5.63% decline compared to previous quarter. Reported quarter income marked $0.08 million with a profit margin of 0.07%. Profit margin collapsed a -10.02% compared to previous quarter when profit margin was 10.10%. When comparing revenues to same quarter last year, Ellie Mae sales marked a tiny growth and inched a 2.80%. Looking back to recent quarterly results, Ellie Mae posted 2 negative quarters in a row.
|2017-Q1||$93 M||-||$10 M10.3%||-|
|2017-Q2||$104 M||11.97%||$19 M18.1%||96.04%|
|2017-Q3||$107 M||2.78%||$15 M13.6%||-22.85%|
|2017-Q4||$113 M||5.47%||$10 M8.8%||-31.76%|
|2018-Q1||$116 M||2.57%||$0 M0.2%||-97.37%|
|2018-Q2||$125 M||8.37%||$10 M7.8%||3,660.15%|
|2018-Q3||$123 M||-2.00%||$12 M10.1%||26.51%|
|2018-Q4||$116 M||-5.63%||$0 M0.1%||-99.32%|
Ellie Mae ownershipWhen you are planning to buy shares of a company, it's worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Ellie Mae, of all outstanding shares are owned by its staff.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
Ellie Mae summary
|Tuesday, April 16th, 2019|
|Day range||$98.97 - $99.00|
|Average true range||$0.09|
|50d mov avg||$97.32|
|100d mov avg||$82.17|
|200d mov avg||$87.69|
Ellie Mae performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected as the bechmarking frame for Ellie Mae stock.