Shares of Health Care sector company Elanco Animal Health moved 14.3% today, and are now trading at a price of $10.7. The mid-cap stock's daily volume was 13,477,819 compared to its average volume of 5,007,064. The S&P 500 index returned a 0.0% performance.
Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for pets and farm animals. The company is based in Greenfield and has 9,000 full time employees. Its market capitalization is $5,271,632,896.
8 analysts are following Elanco Animal Health and have set target prices ranging from $9.5 to $19.0 per share. On average, they have given the company a rating of hold. At today's prices, ELAN is trading -22.52% away from its average analyst target price of $13.81 per share.
Over the last year, ELAN shares have gone down by -19.0%, which represents a difference of -34.0% when compared to the S&P 500. The stock's 52 week high is $14.69 per share and its 52 week low is $7.88. Although Elanco Animal Health's average free cash flow over the last 6 years has been $154.8 Million, they have been decreasing at an average rate of -39.1%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 118,000 | 138,000 | -20,000 | -106.35 |
| 2022 | 452,000 | 137,000 | 315,000 | -11.76 |
| 2021 | 483,000 | 126,000 | 357,000 | 323.12 |
| 2020 | -41,000 | 119,000 | -160,000 | -290.48 |
| 2019 | 224,000 | 140,000 | 84,000 | -76.19 |
| 2018 | 487,300 | 134,500 | 352,800 |
