19 July, 2017
Analysts anticipate that Ellie Mae Inc will post $1.91 earnings per share for the current year. It closed at $44.6 lastly. It has outperformed by 20.40% the S&P500. (ELLI)'s stock rose 15.16%. Geode Capital Management LLC now owns 255,117 shares of the software maker's stock worth $25,580,000 after buying an additional 14,833 shares during the last quarter. Ellie Mae Inc now has $3.71 billion valuation.
It closed at $45.7 lastly. The stock declined 0.41% or $0.45 reaching $109.79 on the news. It has outperformed by 41.94% the S&P500. Ellie Mae had a net margin of 10.32% and a return on equity of 5.72%.
A number of analysts have recently issued reports on the stock. The stock of Ellie Mae Inc (NYSE:ELLI) has "Mkt Perform" rating given on Friday, April 29 by FBR Capital. Stephens upgraded it to "Overweight" rating and $16 target in Wednesday, January 6 report.
Ellie Mae (NASDAQ:ELLI) last announced its earnings results on Thursday, April 27th. Ellie Mae has a one year low of $77.60 and a one year high of $114.38. The rating was maintained by RBC Capital Markets on Thursday, July 23 with "Outperform".
ILLEGAL ACTIVITY NOTICE: "Ellie Mae Inc (ELLI) Stock Rating Upgraded by Zacks Investment Research" was reported by BBNS and is the sole property of of BBNS. The rating was maintained by Roth Capital with "Buy" on Tuesday, April 26.
The stock decreased 1.69% or $0.42 during the last trading session, reaching $24.21. Its down 0.21, from 1.36 in 2016Q3. It dived, as 31 investors sold ELLI shares while 68 reduced holdings. 38 funds opened positions while 76 raised stakes. Fmr Ltd Co accumulated 2.19 million shares. Nationwide Fund owns 205,918 shares. Manufacturers Life Ins Communication The reported 0.04% stake. After $0.03 actual earnings per share reported by Ellie Mae Inc for the previous quarter, Wall Street now forecasts 1,100.00% EPS growth.
Media headlines about Ellie Mae (NASDAQ:ELLI) have been trending somewhat positive on Monday, Accern reports. Ellie Mae presently has an average rating of "Buy" and an average target price of $115.54.
According to Zacks, "Ellie Mae, Inc. operates electronic mortgage origination networks in the United States". Citadel Lc invested in 0.01% or 94,661 shares. Parametric Assocs accumulated 0% or 37,013 shares. National Bank & Trust Of Ny Mellon reported 0.01% of its portfolio in Ellie Mae Inc (NYSE:ELLI). Jefferies Group Ltd Liability Com owns 14,098 shares or 0% of their United States portfolio. Oppenheimer Holdings, Inc. reiterated an "outperform" rating and set a $125.00 price objective (up from $120.00) on shares of Ellie Mae in a research note on Thursday, March 23rd. Eulav Asset Mgmt reported 5,000 shares.
The Company, through its banking and various non-bank subsidiaries, throughout the United States and in worldwide markets, provides a range of banking and non-bank financial services and products through four business divisions: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Banks, credit unions, mortgage lenders and mortgage brokers use the Company's Encompass mortgage management solution to originate and fund mortgages. It has a 16.04 P/E ratio. The Company's Encompass software is an enterprise solution that handles functions involved in running the business of originating mortgages, including customer relationship management; loan processing; underwriting; preparation of application, disclosure and closing documents; funding and closing the loan for the borrower; compliance with regulatory and investor requirements, and overall enterprise management. The company was initiated on Tuesday, July 21 by Bank of America. Shares for $131,193 were sold by SCHREINER GATES CATHLEEN. Oppenheimer maintained the shares of ELLI in report on Wednesday, March 9 with "Outperform" rating. The original version of this article can be viewed at https://transcriptdaily.com/2017/07/15/ellie-mae-inc-nasdaqelli-rating-increased-to-buy-at-zacks-investment-research-updated.html. Another trade for 2,931 shares valued at $273,891 was sold by TYRRELL JOSEPH P. Another trade for 5,000 shares valued at $475,109 was made by BUCCELLATO CARL on Tuesday, February 14.
Investors sentiment increased to 1.01 in 2016 Q4. Its up 0.56, from 1.02 in 2016Q3. 22 funds opened positions while 57 raised stakes. The software maker reported $0.03 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.06 by $0.03. Cambridge Invest Rech holds 3,325 shares.
Naples Global Advisors Llc holds 0.45% of its portfolio in First Bancorp Inc for 35,165 shares. Highbridge Mngmt Lc owns 7,775 shares or 0.01% of their U.S. portfolio. Harding Loevner Lp owns 3,058 shares. Invesco Limited holds 106,640 shares. Moreover, Highbridge Mngmt Lc has 0.02% invested in WSFS Financial Corporation (NASDAQ:WSFS). Bb&T Securities Ltd holds 0.01% or 9,082 shares. 53,855 are owned by Grandfield & Dodd Ltd Liability. Cantab Capital Prtn Ltd Liability Partnership accumulated 2,482 shares or 0% of the stock. Mckinley Cap Mgmt Limited Liability Delaware accumulated 205,852 shares or 0.6% of the stock. (NYSE:AWH), 1 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Bank of America had 67 analyst reports since July 21, 2015 according to SRatingsIntel. H.C. Wainwright initiated the shares of MCRB in report on Friday, July 29 with "Buy" rating. The firm has "Outperform" rating given on Friday, October 23 by RBC Capital Markets. The company has market cap of $282.69 million. The rating was downgraded by HSBC on Monday, December 14 to "Hold". KeyBanc Capital Markets maintained it with "Buy" rating and $13000 target in Monday, June 12 report. ALL's profit will be $384.74 million for 21.20 P/E if the $1.05 EPS becomes a reality. About shares traded. AC Immune Ltd (NASDAQ:ACIU) has 0.00% since July 18, 2016 and is. On Tuesday, February 28 the insider Luce Edgar sold $431,993. Gupta Sanjay sold $1.08M worth of Allstate Corp (NYSE:ALL) on Monday, February 13. The stock was sold at an average price of $107.82, for a total value of $161,190.90.
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