Elanco Animal Health Stock Revenue
| ELAN Stock | USD 13.21 0.08 0.61% |
Elanco Animal Health fundamentals help investors to digest information that contributes to Elanco Animal's financial success or failures. It also enables traders to predict the movement of Elanco Stock. The fundamental analysis module provides a way to measure Elanco Animal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elanco Animal stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 4.4 B | 3.9 B |
Elanco | Revenue |
Elanco Animal Health Company Revenue Analysis
Elanco Animal's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Elanco Animal Revenue | 4.42 B |
Most of Elanco Animal's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elanco Animal Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Elanco
Projected quarterly revenue analysis of Elanco Animal Health provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Elanco Animal match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Elanco Animal's stock price.
Elanco Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Elanco Animal is extremely important. It helps to project a fair market value of Elanco Stock properly, considering its historical fundamentals such as Revenue. Since Elanco Animal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elanco Animal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elanco Animal's interrelated accounts and indicators.
| 0.28 | 0.43 | -0.59 | -0.11 | -0.02 | ||
| 0.28 | 0.91 | 0.02 | 0.42 | 0.39 | ||
| 0.43 | 0.91 | -0.05 | 0.34 | 0.26 | ||
| -0.59 | 0.02 | -0.05 | -0.21 | 0.24 | ||
| -0.11 | 0.42 | 0.34 | -0.21 | 0.41 | ||
| -0.02 | 0.39 | 0.26 | 0.24 | 0.41 |
Click cells to compare fundamentals
Elanco Revenue Historical Pattern
Today, most investors in Elanco Animal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Elanco Animal's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Elanco Animal revenue as a starting point in their analysis.
Elanco Animal Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Elanco Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Elanco Animal Health reported 4.42 B of revenue. This is 42.09% lower than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The revenue for all United States stocks is 53.18% higher than that of the company.
Elanco Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elanco Animal's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elanco Animal could also be used in its relative valuation, which is a method of valuing Elanco Animal by comparing valuation metrics of similar companies.Elanco Animal is currently under evaluation in revenue category among its peers.
Elanco Animal ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Elanco Animal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Elanco Animal's managers, analysts, and investors.Environmental | Governance | Social |
Elanco Animal Institutional Holders
Institutional Holdings refers to the ownership stake in Elanco Animal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Elanco Animal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Elanco Animal's value.| Shares | State Street Corp | 2024-06-30 | 9.7 M | Millennium Management Llc | 2024-06-30 | 9.4 M | Geode Capital Management, Llc | 2024-09-30 | 7.9 M | Citadel Advisors Llc | 2024-09-30 | 7.5 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 6.9 M | Manufacturers Life Insurance Co | 2024-09-30 | 6.4 M | Jpmorgan Chase & Co | 2024-06-30 | 5.7 M | Balyasny Asset Management Llc | 2024-09-30 | 4.7 M | Charles Schwab Investment Management Inc | 2024-09-30 | 4.5 M | Dodge & Cox | 2024-09-30 | 83.3 M | Primecap Management Company | 2024-09-30 | 52.6 M |
Elanco Fundamentals
| Return On Equity | 0.0324 | ||||
| Return On Asset | 0.0118 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | (0) % | ||||
| Current Valuation | 10.4 B | ||||
| Shares Outstanding | 494.35 M | ||||
| Shares Owned By Insiders | 0.65 % | ||||
| Shares Owned By Institutions | 98.88 % | ||||
| Number Of Shares Shorted | 15.16 M | ||||
| Price To Earning | 241.75 X | ||||
| Price To Book | 1.00 X | ||||
| Price To Sales | 1.47 X | ||||
| Revenue | 4.42 B | ||||
| Gross Profit | 2.5 B | ||||
| EBITDA | (224 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 | 13.20 X | ||||
| Cash Flow From Operations | 271 M | ||||
| Short Ratio | 3.20 X | ||||
| Earnings Per Share | 0.41 X | ||||
| Price To Earnings To Growth | 1.84 X | ||||
| Target Price | 17.84 | ||||
| Number Of Employees | 9.3 K | ||||
| Beta | 1.42 | ||||
| Market Capitalization | 6.53 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 | ||||
| Net Asset | 14.36 B |
About Elanco Animal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elanco Animal Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elanco Animal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elanco Animal Health based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Elanco Animal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elanco Animal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elanco Animal will appreciate offsetting losses from the drop in the long position's value.Moving against Elanco Stock
| 0.7 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.61 | KB | KB Financial Group | PairCorr |
| 0.48 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.38 | ITCL | Banco Ita Chile | PairCorr |
| 0.36 | CIB | Bancolombia SA ADR | PairCorr |
The ability to find closely correlated positions to Elanco Animal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elanco Animal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elanco Animal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elanco Animal Health to buy it.
The correlation of Elanco Animal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elanco Animal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elanco Animal Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elanco Animal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Elanco Animal Piotroski F Score and Elanco Animal Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.