Elanco Animal Health Stock Today

ELAN Stock  USD 14.12  0.15  1.05%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 39

 
High
 
Low
Below Average
Elanco Animal is selling at 14.12 as of the 13th of November 2024; that is 1.05 percent decrease since the beginning of the trading day. The stock's open price was 14.27. Elanco Animal has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Elanco Animal Health's common stock.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
20th of September 2018
Category
Healthcare
Classification
Health Care
Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for pets and farm animals. Elanco Animal Health Incorporated was founded in 1954 and is headquartered in Greenfield, Indiana. Elanco Animal operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on New York Stock Exchange. The company has 494.35 M outstanding shares of which 11.52 M shares are currently shorted by private and institutional investors with about 2.35 trading days to cover. More on Elanco Animal Health

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Follow Valuation Options Odds of Bankruptcy
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Elanco Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJeffrey Simmons
Thematic IdeaPharmaceutical Products (View all Themes)
Business ConcentrationPharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NYSE Composite, ARCA Pharmaceutical, Pharmaceutical Products, Health Care, Pharmaceuticals, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.330.3075
Notably Up
Slightly volatile
Gross Profit Margin0.420.5628
Way Down
Slightly volatile
Total Current Liabilities1.3 B1.2 B
Notably Up
Slightly volatile
Non Current Liabilities Total4.7 B6.9 B
Way Down
Slightly volatile
Total Assets13.6 B14.4 B
Notably Down
Slightly volatile
Total Current Assets3.1 B3.4 B
Moderately Down
Slightly volatile
Debt Levels
Elanco Animal can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Elanco Animal's financial leverage. It provides some insight into what part of Elanco Animal's total assets is financed by creditors.
Liquidity
Elanco Animal Health currently holds 5.77 B in liabilities with Debt to Equity (D/E) ratio of 0.87, which is about average as compared to similar companies. Elanco Animal Health has a current ratio of 1.92, which is within standard range for the sector. Note, when we think about Elanco Animal's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

448.6 Million
Elanco Animal Health (ELAN) is traded on New York Stock Exchange in USA. It is located in 2500 Innovation Way, Greenfield, IN, United States, 46140 and employs 9,300 people. Elanco Animal is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.05 B. Elanco Animal Health conducts business under Pharmaceuticals sector and is part of Health Care industry. The entity has 494.35 M outstanding shares of which 11.52 M shares are currently shorted by private and institutional investors with about 2.35 trading days to cover. Elanco Animal Health currently holds about 463 M in cash with 271 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.98.
Check Elanco Animal Probability Of Bankruptcy
Ownership Allocation
The majority of Elanco Animal Health outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Elanco Animal Health to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Elanco Animal. Please pay attention to any change in the institutional holdings of Elanco Animal Health as this could imply that something significant has changed or is about to change at the company. On October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Elanco Animal Health's common stock.
Check Elanco Ownership Details

Elanco Stock Institutional Holders

InstituionRecorded OnShares
Shapiro Capital Management Co Inc2024-06-30
9.6 M
Millennium Management Llc2024-06-30
9.4 M
Magnetar Financial Llc2024-06-30
8.3 M
Geode Capital Management, Llc2024-06-30
7.8 M
Morgan Stanley - Brokerage Accounts2024-06-30
6.9 M
Manufacturers Life Insurance Co2024-06-30
M
Jpmorgan Chase & Co2024-06-30
5.7 M
Balyasny Asset Management Llc2024-06-30
5.4 M
Charles Schwab Investment Management Inc2024-06-30
4.7 M
Dodge & Cox2024-06-30
83.6 M
Primecap Management Company2024-09-30
52.6 M
View Elanco Animal Diagnostics

Elanco Animal Historical Income Statement

At this time, Elanco Animal's Interest Expense is very stable compared to the past year. As of the 13th of November 2024, Income Tax Expense is likely to grow to about 37.8 M, while Tax Provision is likely to drop (13.7 M). View More Fundamentals

Elanco Stock Against Markets

Elanco Animal Corporate Directors

Joshua SmileyIndependent DirectorProfile
Carl McMillianIndependent DirectorProfile
Denise ScotsKnightIndependent DirectorProfile
Kirk McDonaldIndependent DirectorProfile
When determining whether Elanco Animal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elanco Animal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elanco Animal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elanco Animal Health Stock:
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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Pharmaceuticals space 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
(0.71)
Earnings Share
0.41
Revenue Per Share
9.023
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0118
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.