What will be the predicted Move for Ellie Mae, Inc. (NYSE:ELLI) After Earnings?


Ellie Mae, Inc. (NYSE:ELLI) moved down -0.67% and closed its last trading session at $90.18. This Computer and Technology Sector stock currently has the Market Capitalization of 2.99 Billion. The Average Volume for the stock is measured as 714.63 Million. The Stock has a 52-Week High of $109.99 and 52-Week Low of $65.67 following the dates, it touched its 52-Week High on Oct 28, 2016 and 52-Week Low on Feb 12, 2016. Currently, the Return on Assets value for the trailing twelve months is 6.9% with the Return on Equity and Return on Investment of 8.2% and 7.3% respectively. This firm currently has YTD (year to date) performance of 7.77 Percent which is awesome. The Short Ratio for the stock is 5.42.

Ellie Mae, Inc. (NYSE:ELLI) Price to Earnings (P/E) ratio is 91.37. EPS or Earning per Share stands at $0.99. The TTM operating margin is 14 percent.

Ellie Mae, Inc. (NYSE:ELLI) reports its Earnings on Today. The estimated EPS for the current quarter is said to be $0.49. Following Earnings result, share price were UP 15 times out of last 23 Qtrs. The stock has reduced about -7% since it reported its last earnings. The Closing price of Ellie Mae, Inc. (NYSE:ELLI) at Last Earnings was $97.59 as compared to the previous closing price of $90.79. The Predicted Move on the 7th day after Ellie Mae, Inc. (NYSE:ELLI) will release its earnings at about 11%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Ellie Mae, Inc. (NYSE:ELLI) beats earnings by 100%, The Stock Missed Earnings  0 times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Ellie Mae, Inc. (NYSE:ELLI) reported its previous quarter on 10/27/2016 where it reported the Actual Earnings of $0.72. The Closing price before the company posted its earnings was $97.59. The Stock surged on the very next day of earnings and maintained its stock price at $107.15 by showing a % change of 9.8 percent from its previous closing price. The Next Day Volume after Earnings was reported as 1.68 Million. On the 7th day After Earnings Report, the stock hit its share price as $101.2 by showing 3.7% increase from the Stock price Before Earnings were reported.

On 07/28/2016, the stock reported the EPS of $0.64 where Analysts were projecting the EPS to be $0.55 showing a difference of $0.09. Thus Surprise Factor was there with 16.4 percent. Before Earnings Announcement on 07/28/2016, the firm had its stock price of $98.47. And immediately on the next day after earnings announcement, the stock declined -6.46% and closed its trading session at $92.11. On 7th Day after earnings release, Ellie Mae, Inc. (NYSE:ELLI) surged to 0.03% from $98.47 to $98.5.

On 04/28/2016, Analysts were suspecting EPS of $0.31/share where Ellie Mae, Inc. (NYSE:ELLI) reported its Actual EPS of $0.34. Thus showing a Surprise of 9.7 percent. The Closing Price of the stock before earnings was $89.7 while on the Next day the stock closed its trading session at $83.6 with a percentage change of -6.8% from the price of 89.7 before Earnings. The Stock Closing Price on the 7th day of earnings was $76.15.

Company Profile:

Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States.The company provides Encompass, a proprietary software solution that combines loan origination and enterprise management software for mortgage originators into a system, as well as access to investors, lenders, and service providers on the Ellie Mae Network. Its Encompass solutions and services comprise Ellie Mae Total Quality Loan Program that offers fraud detection, valuation, validation, and risk analysis services; Encompass CenterWise, a bundled offering of electronic document management and Websites used for customer relationship management (CRM); Encompass TPO WebCenter that offers a Web-based environment for third-party originator to upload loan files and supporting documentation directly to the Encompass software; Encompass Docs Solution, an integrated initial disclosure and closing document preparation solution; and Encompass Compliance Service to analyze mortgage loan data for compliance with consumer protection laws and institutionally mandated compliance policies. The company’s Encompass solutions and services also include Encompass Product and Pricing Service to compare loans offered by lenders and investors to determine mortgage programs available to a borrower; Encompass Flood Service to order and transfer flood zone certifications; Encompass CRM to manage contacts, leads, and marketing campaigns; Encompass Consumer Direct, which allows borrowers to complete loan application online; Encompass 4506-T Service, an integrated income verification solution; Encompass Appraisal Service to order, track, and retrieve appraisal reports; and Encompass Fraud Service to order collateral and non-collateral based fraud risk reports. In addition, it offers research and reference, education, documentation, and data and analytics products under the AllRegs brand. The company was founded in 1997 and is headquartered in Pleasanton, California.