Elanco Animal Health Stock Performance
| ELAN Stock | USD 13.52 0.26 1.96% |
The firm shows a Beta (market volatility) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, Elanco Animal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elanco Animal is expected to be smaller as well. Elanco Animal Health has an expected return of -0.23%. Please make sure to confirm Elanco Animal Health treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Elanco Animal Health performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Elanco Animal Health has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in June 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return (2.00) | Five Day Return (0.90) | Year To Date Return (9.43) | Ten Year Return (63.17) | All Time Return (63.17) |
1 | Elanco Animal Health Inc Reports Mixed 2023 Financial Results and Announces Strategic ... | 02/26/2024 |
2 | Elanco Animal Health Incorporated Q4 2023 Earnings Call Transcript | 02/28/2024 |
3 | Acquisition by R Hoover of 20000 shares of Elanco Animal at 16.1404 subject to Rule 16b-3 | 03/06/2024 |
4 | Acquisition by Michael Harrington of 3100 shares of Elanco Animal at 16.2883 subject to Rule 16b-3 | 03/08/2024 |
5 | Adage Capital Partners GP L.L.C. Invests 5.62 Million in Elanco Animal Health Incorporated - Defense World | 03/11/2024 |
6 | Acquisition by Rajeev Modi of tradable shares of Elanco Animal subject to Rule 16b-3 | 03/22/2024 |
7 | Acquisition by Jeffrey Simmons of 148084 shares of Elanco Animal subject to Rule 16b-3 | 03/27/2024 |
8 | Activist Ancora wins two board seats at Elanco Animal Health in settlement | 04/01/2024 |
9 | Explosive Growth Projected in US Pet Medication Market, the Industry to Reach 17.90 Billion by 2029 - Exclusive Focus Insight Report by Arizton | 04/02/2024 |
10 | Disposition of 23557 shares by Bettington Timothy J of Elanco Animal at 15.43 subject to Rule 16b-3 | 04/03/2024 |
11 | Phocas Financial Corp. Invests 3.86 Million in Elanco Animal Health Incorporated - MarketBeat | 04/15/2024 |
12 | Acquisition by Rajeev Modi of 106 shares of Elanco Animal subject to Rule 16b-3 | 04/19/2024 |
13 | Elancos Parvo is Poop Campaign Unleashes Awareness and Action on National Parvo Awareness Day | 04/23/2024 |
14 | 5 Oversold MidCap Stocks To Buy Now | 04/25/2024 |
15 | Sachem Head Capital Management Supports Delivery Heros Proposed Changes to its Supervisory Board | 04/29/2024 |
| Begin Period Cash Flow | 345 M |
Elanco |
Elanco Animal Relative Risk vs. Return Landscape
If you would invest 1,578 in Elanco Animal Health on February 7, 2024 and sell it today you would lose (225.00) from holding Elanco Animal Health or give up 14.26% of portfolio value over 90 days. Elanco Animal Health is currently does not generate positive expected returns and assumes 1.7946% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Elanco, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Elanco Animal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elanco Animal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Elanco Animal Health, and traders can use it to determine the average amount a Elanco Animal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.127
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| Negative Returns | ELAN |
Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Elanco Animal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Elanco Animal by adding Elanco Animal to a well-diversified portfolio.
Elanco Animal Fundamentals Growth
Elanco Stock prices reflect investors' perceptions of the future prospects and financial health of Elanco Animal, and Elanco Animal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Elanco Stock performance.
| Return On Equity | -0.18 | ||||
| Return On Asset | 0.0139 | ||||
| Profit Margin | (0.28) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 12.1 B | ||||
| Shares Outstanding | 494.1 M | ||||
| Price To Earning | 241.75 X | ||||
| Price To Book | 1.14 X | ||||
| Price To Sales | 1.60 X | ||||
| Revenue | 4.42 B | ||||
| Gross Profit | 2.5 B | ||||
| EBITDA | 945 M | ||||
| Net Income | (1.23 B) | ||||
| Cash And Equivalents | 463 M | ||||
| Cash Per Share | 0.98 X | ||||
| Total Debt | 5.77 B | ||||
| Debt To Equity | 0.87 % | ||||
| Current Ratio | 1.96 X | ||||
| Book Value Per Share | 12.63 X | ||||
| Cash Flow From Operations | 271 M | ||||
| Earnings Per Share | (2.50) X | ||||
| Market Capitalization | 6.55 B | ||||
| Total Asset | 14.36 B | ||||
| Retained Earnings | (2.29 B) | ||||
| Working Capital | 2.17 B | ||||
| Current Asset | 2.45 B | ||||
| Current Liabilities | 805.47 M | ||||
About Elanco Animal Performance
To evaluate Elanco Animal Health Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Elanco Animal generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Elanco Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Elanco Animal Health market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Elanco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 327.95 | 218.19 | |
| Return On Tangible Assets | (0.26) | (0.24) | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | (0.09) | (0.08) | |
| Return On Equity | (0.20) | (0.19) |
Things to note about Elanco Animal Health performance evaluation
Checking the ongoing alerts about Elanco Animal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Elanco Animal Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Elanco Animal Health generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 4.42 B. Net Loss for the year was (1.23 B) with profit before overhead, payroll, taxes, and interest of 2.5 B. | |
| Elanco Animal Health has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from accesswire.com: Sachem Head Capital Management Supports Delivery Heros Proposed Changes to its Supervisory Board |
- Analyzing Elanco Animal's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Elanco Animal's stock is overvalued or undervalued compared to its peers.
- Examining Elanco Animal's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Elanco Animal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Elanco Animal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Elanco Animal's stock. These opinions can provide insight into Elanco Animal's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elanco Animal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Elanco Animal Health information on this page should be used as a complementary analysis to other Elanco Animal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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When running Elanco Animal's price analysis, check to measure Elanco Animal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elanco Animal is operating at the current time. Most of Elanco Animal's value examination focuses on studying past and present price action to predict the probability of Elanco Animal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elanco Animal's price. Additionally, you may evaluate how the addition of Elanco Animal to your portfolios can decrease your overall portfolio volatility.
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Is Elanco Animal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elanco Animal. If investors know Elanco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elanco Animal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.097 | Earnings Share (2.50) | Revenue Per Share 8.972 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0139 |
The market value of Elanco Animal Health is measured differently than its book value, which is the value of Elanco that is recorded on the company's balance sheet. Investors also form their own opinion of Elanco Animal's value that differs from its market value or its book value, called intrinsic value, which is Elanco Animal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elanco Animal's market value can be influenced by many factors that don't directly affect Elanco Animal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elanco Animal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elanco Animal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elanco Animal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.