Shares of Health Care sector company Elanco Animal Health moved 1.8% today, and are now trading at a price of $16.79. The Mid-Cap stock's daily volume was 3,042,322 compared to its average volume of 4,180,391. The S&P 500 index returned a 1.0% 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 9,300 full time employees. Its market capitalization is $8,297,316,352.
10 analysts are following Elanco Animal Health and have set target prices ranging from $16.0 to $23.0 per share. On average, they have given the company a rating of buy. At today's prices, ELAN is trading -14.03% away from its average analyst target price of $19.53 per share.
Over the last year, ELAN's share price has increased by 107.8%, which represents a difference of 81.7% when compared to the S&P 500. The stock's 52 week high is $17.43 per share whereas its 52 week low is $7.88. Elanco Animal Health's average free cash flow over the last 5 years has been $172.13 Million, but they have been decreasing at an average rate of -7.1%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 271,000 | 120,000 | 151,000 | -46.26 |
| 2022 | 452,000 | 171,000 | 281,000 | -13.27 |
| 2021 | 483,000 | 159,000 | 324,000 | 302.5 |
| 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 |
