Stock To Watch: Ellie Mae, Inc. (NYSE:ELLI)


The leading market experts have placed a mean price target of $99.86 on Ellie Mae, Inc. (NYSE:ELLI) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.56 a share for the upcoming quarter and $1.93 for the current fiscal. Technical View The technical analysis of Ellie Mae, Inc. Common Stock plainly substantiates that the 50-day moving average of Ellie Mae, Inc. Common Stock is $84.23, and stock is hovering 8.73 or +10.37% distant from $84.23. It is noted that the 200-day MA is $78.36, and Ellie Mae, Inc. Common Stock stock is $14.60 or +18.63% off from this point. Ellie Mae, Inc. (NYSE:ELLI) 52-week high is $94.20 and the 52-week low is $57.88. This explains if the stock moves $-1.24, it will post a 52-week high. In event of $+60.61% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Ellie Mae, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Ellie Mae, Inc. (NYSE:ELLI) ratio came in at 136.91. The stock last ended the trading session at $92.96 and registered a market cap of $2.79B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Ellie Mae, Inc. (NYSE:ELLI) PEG ratio is at 1.84.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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