Elanco Animal Health Inc (NYSE:ELAN) shares traded -5.86% lower at $9.15 on Wall Street last session.
ELAN stock price is now -17.20% away from the 50-day moving average and -29.21% away from the 200-day moving average. The market capitalization of the company currently stands at $4.53B.
With the price target of $18, UBS recently initiated with Buy rating for Elanco Animal Health Inc (NYSE: ELAN). On December 02, 2024, Leerink Partners recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $14, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Kurzius Lawrence Erik, Director bought 10,000 shares of the company’s stock on Mar 07 ’25. The stock was bought for $109,000 at an average price of $10.90. Upon completion of the transaction, the Director now directly owns 101,459 shares in the company, valued at $0.93 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11 ’25, Director Kurzius Lawrence Erik bought 10,000 shares of the business’s stock. A total of $102,000 was incurred on buying the stock at an average price of $10.20. This leaves the insider owning 111,459 shares of the company worth $1.02 million. A total of 0.95% of the company’s stock is owned by insiders.
During the past 12 months, Elanco Animal Health Inc has had a low of $9.67 and a high of $18.80. As of last week, the company has a debt-to-equity ratio of 0.73, a current ratio of 2.44, and a quick ratio of 1.25. According to the stock market information, the enterprise value for the company is $8501717504, which is based on a 13.49 price-to-earnings ratio, a 2.04 price-to-earnings-growth ratio, and a beta of 1.49. The fifty day moving average price for ELAN is $11.0508 and a two-hundred day moving average price translates $12.92505 for the stock.
The latest earnings results from Elanco Animal Health Inc (NYSE: ELAN) was released for 2024-12-31. The net profit margin was 7.61% and return on equity was 5.49% for ELAN. The company reported revenue of $1.02 billion for the quarter, compared to $1.03 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.45 percent.
