Why Buying The Elanco Animal Health Inc (NYSE: ELAN) Stock Today Might Make Sense

RLX

Elanco Animal Health Inc (NYSE:ELAN) traded at $14.79 at last check on current trade day and made a downward move of -0.67% on its previous day’s price.

Looking at the stock we see that its previous close was $14.89 and the beta (5Y monthly) reads 1.678 with the day’s price range being $14.755 – $15.045. The company has a trailing 12-month PE ratio of 19.74. In terms of its 52-week price range, ELAN has a high of $15.78 and a low of $8.02. The company’s stock has gained about 4.38% over that past 30 days.

Elanco Animal Health Inc has a market cap of $7.35 billion and is expected to release its quarterly earnings report on 2025-May-07.

On the other hand, looking at the outlook for the ELAN stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.

Based on estimates by 5 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Elanco Animal Health Inc (ELAN) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the ELAN stock currently stands at 3.14, and the most recent price level today is 3.68% off its SMA20 and 10.22% from its 50-day simple moving average. The RSI (14) is pointing at 64.78 while the volatility over the past week is 2.31% and jumps to 2.64% over the past one month. The average price target for the stock over the next 12 months is $11.5, with the estimates having a low of $11 and a high of $12. These price ends are 25.63% and 18.86% off the today’s price level respectively, although investors could be excited at the prospect of a 22.24% if the ELAN share price touches on the median price of $11.5.

Coming back to Elanco Animal Health Inc (NYSE:ELAN), we note that the average 3-month trading volume was 5.85 million, while that of the preceding 10-day period stands at 4.21 million. Current shares outstanding are 496.46 million.

The insiders hold 0.94% of the company’s shares while institutions hold 100.74%. The data shows that short shares as of 2025-06-13, stood at 24.28 million at a short ratio of 4.03. This represents a 676.00 short interest in shares outstanding on 2025-06-13. Shares short fall in June from the previous month at 27.43 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 8.19% up in year-to-date price movement.

Stocks Register
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.