Ellie Mae stock: buy or sell?

ELLI stock price: $98.99 0.00% At close on April 16th, 2019

Updated on:
April 16th, 2019

3

Shares of Ellie Mae closed on April at $98.99 and remained steady a tight 0.00%. With April, it's been 3 climbing sessions in a row, adding $0.09 or 0.09%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is ELLI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-2-14William BlairOutperformMarket Perform
2019-2-13Susquehanna BancsharesNegativeNeutral
2019-2-12Roth CapitalBuyNeutral
2019-2-12Needham & Company LLCBuyHold
2019-2-11JMP Securitiesn/aBuy

Ellie Mae stock analysis

Daily outlook

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%.

ELLI stock chart (daily)

Weekly outlook

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%).

ELLI stock chart (weekly)

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 $99.00

Nobody 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:
ELLI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-2-13Susquehanna BancsharesUpgrades$53.00$99.0086.8%
2019-2-12Roth CapitalDowngrades$100.00$99.00-1%
2019-2-11JMP SecuritiesReiteratesn/a$99.00-
(in average)$76.50$99.0029.0%
Moving in a range from $99.00 and $99.00, the price target for Ellie Mae stock is $99.00. In average, analysts' outlook on ELLI price forecast is positive, upgrading the target by a 29.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Ellie Mae disappointed experts on February when it reported an Earnings per Share (EPS) of $0.07 when the market consensus was $0.11.
ELLI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.27n/a
2017-Q2-n/a0.52n/a
2017-Q32017-10-260.40.5332.5%
2017-Q42018-02-080.250.3332.0%
2018-Q12018-04-26-0.110.12n/a
2018-Q22018-07-260.220.2931.8%
2018-Q32018-10-250.330.4330.3%
2018-Q42019-02-140.110.07-36.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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%.

ELLI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$128 M-$13 M9.8%-
2014$162 M25.73%$15 M9.2%17.83%
2015$254 M57.20%$22 M8.8%50.16%
2016$360 M41.88%$38 M10.5%69.72%
2017$417 M15.75%$53 M12.7%39.90%
2018$480 M15.16%$23 M4.7%-57.28%

Quarterly financial results

Ellie 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.
ELLI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$93 M-$10 M10.3%-
2017-Q2$104 M11.97%$19 M18.1%96.04%
2017-Q3$107 M2.78%$15 M13.6%-22.85%
2017-Q4$113 M5.47%$10 M8.8%-31.76%
2018-Q1$116 M2.57%$0 M0.2%-97.37%
2018-Q2$125 M8.37%$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 ownership

When 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:

ELLI
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

Ellie Mae summary

Tuesday, April 16th, 2019
Open$98.99
Close$98.99
Day range$98.97 - $99.00
Previous close$98.99
Session gain0.00%
Average true range$0.09
50d mov avg$97.32
100d mov avg$82.17
200d mov avg$87.69
Daily pattern
Weekly pattern

Ellie Mae performance

Stocks 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.
Stock3m6m12m
ELLIEllie Mae35.40%21.62%10.42%

Ellie Mae competitors

Unfortunately, we could not find any public company that could be defined as Ellie Mae competitor. This doesn't mean Ellie Mae does not have any competitor in the market, it's just we could not detected it.