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Elevate Credit, Inc is a credit services business based in the US. Elevate Credit shares (ELVT) are listed on the NYSE and all prices are listed in US Dollars. Elevate Credit employs 695 staff and has a trailing 12-month revenue of around USD$717 million.
Since the stock market crash in March caused by coronavirus, Elevate Credit's share price has had significant negative movement.
Its last market close was USD$2.79, which is 26.77% down on its pre-crash value of USD$3.81 and 184.69% up on the lowest point reached during the March crash when the shares fell as low as USD$0.98.
If you had bought USD$1,000 worth of Elevate Credit shares at the start of February 2020, those shares would have been worth USD$226.89 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$586.12.
|Latest market close||USD$2.79|
|52-week range||USD$0.89 - USD$5.98|
|50-day moving average||USD$2.4983|
|200-day moving average||USD$2.034|
|Wall St. target price||USD$2.83|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.386|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-23)||-2.79%|
|1 month (2020-10-30)||10.71%|
|3 months (2020-08-28)||34.78%|
|6 months (2020-05-29)||64.12%|
|1 year (2019-11-29)||-32.77%|
|2 years (2018-11-30)||-42.36%|
|3 years (2017-11-30)||-62.80%|
|5 years (2015-11-27)||N/A|
Valuing Elevate Credit stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Elevate Credit's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Elevate Credit's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Elevate Credit shares trade at around 3x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Elevate Credit's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$121.3 million.
The EBITDA is a measure of a Elevate Credit's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$717 million|
|Operating margin TTM||15.96%|
|Gross profit TTM||USD$302.6 million|
|Return on assets TTM||10.36%|
|Return on equity TTM||24.9%|
|Market capitalisation||USD$112.2 million|
TTM: trailing 12 months
There are currently 506,735 Elevate Credit shares held short by investors – that's known as Elevate Credit's "short interest". This figure is 88.6% up from 268,618 last month.
There are a few different ways that this level of interest in shorting Elevate Credit shares can be evaluated.
Elevate Credit's "short interest ratio" (SIR) is the quantity of Elevate Credit shares currently shorted divided by the average quantity of Elevate Credit shares traded daily (recently around 326925.80645161). Elevate Credit's SIR currently stands at 1.55. In other words for every 100,000 Elevate Credit shares traded daily on the market, roughly 1550 shares are currently held short.
However Elevate Credit's short interest can also be evaluated against the total number of Elevate Credit shares, or, against the total number of tradable Elevate Credit shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Elevate Credit's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Elevate Credit shares in existence, roughly 10 shares are currently held short) or 0.0268% of the tradable shares (for every 100,000 tradable Elevate Credit shares, roughly 27 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Elevate Credit.
Find out more about how you can short Elevate Credit stock.
We're not expecting Elevate Credit to pay a dividend over the next 12 months.
Over the last 12 months, Elevate Credit's shares have ranged in value from as little as $0.89 up to $5.98. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Elevate Credit's is 2.988. This would suggest that Elevate Credit's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom. The company offers unsecured online installment loans, lines of credit, and credit cards. Its products include Rise, an installment loan and line of credit products; Elastic, a line of credit product; Sunny, an installment loan product; and Today Card, a credit card product. The company was incorporated in 2014 and is headquartered in Fort Worth, Texas.
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