Elastic (NYSE: ESTC) is one of 200 public companies in the “Prepackaged software” industry, but how does it contrast to its competitors? We will compare Elastic to related companies based on the strength of its analyst recommendations, dividends, profitability, valuation, institutional ownership, risk and earnings.

Institutional and Insider Ownership

41.7% of Elastic shares are owned by institutional investors. Comparatively, 60.6% of shares of all “Prepackaged software” companies are owned by institutional investors. 51.8% of Elastic shares are owned by insiders. Comparatively, 19.6% of shares of all “Prepackaged software” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Elastic and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Elastic $271.65 million -$102.30 million -41.69
Elastic Competitors $1.95 billion $264.01 million 34.38

Elastic’s competitors have higher revenue and earnings than Elastic. Elastic is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Elastic and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Elastic N/A N/A N/A
Elastic Competitors -12.83% -45.80% -6.76%

Analyst Recommendations

This is a summary of recent ratings and target prices for Elastic and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Elastic 0 7 6 0 2.46
Elastic Competitors 1780 8326 15133 768 2.57

Elastic currently has a consensus target price of $93.92, indicating a potential upside of 25.14%. As a group, “Prepackaged software” companies have a potential upside of 4.47%. Given Elastic’s higher possible upside, analysts clearly believe Elastic is more favorable than its competitors.

Summary

Elastic competitors beat Elastic on 7 of the 12 factors compared.

About Elastic

Elastic N.V. develops and delivers technology that enables users to search structured and unstructured data for a range of consumer and enterprise applications. It primarily provides Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization. Its Elastic Stack comprises products, such as Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems. The company also offers software solutions on the Elastic Stack that address cases, including app search, site search, enterprise search, logging, metrics, application performance monitoring, business analytics, and security analytics. Its products are used by individual developers and organizations of a range of industries. The company was founded in 2012 and is headquartered in Mountain View, California.

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