How to Buy Elanco Animal Health Stock
Elanco Animal Health Inc
Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for companion and food animals.
Elanco Animal Health stock last closed at $9.74, up 2.42% from the previous day, and has decreased 28.22% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.31 percentage points. Elanco Animal Health stock is currently +21.45% from its 52-week low of $8.02, and -48.19% from its 52-week high of $18.80.
At the moment, there are 494.61M shares of ELAN outstanding. The market value of ELAN is $4.82B. In the past 24 hours, 6.44M ELAN shares were traded.
How to Buy Elanco Animal Health Stock
Not sure how to invest in Elanco Animal Health stock? Here's how.
- Decide where to buy Elanco Animal Health stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Elanco Animal Health stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your info.
- Analyze Elanco Animal Health stock: The Elanco Animal Health ticker symbol is ELAN. Is Elanco Animal Health stock a good investment? Should you buy shares of ELAN? How do ELAN's underlying business fundamentals look? Do top analysts think Elanco Animal Health is a good buy? Why has ELAN's stock price moved recently? (Hint: Our stock research tools can help you decide if ELAN is a good stock to buy).
- Execute your ELAN buy order: Decide if you will purchase ELAN shares at the current market price or use a limit order to purchase ELAN stock at a particular price.
- Track your ELAN position: Create a watchlist to key updates about your position in Elanco Animal Health stock.
Step 1: Decide where to buy Elanco Animal Health stock
You need a brokerage account in order to access the NYSE market and buy ELAN shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you are able to buy ELAN today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your investment account
Now that you have finished signing up on app for stock market, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details depositing money into your new brokerage account.
Step 4: Analyze Elanco Animal Health stock
Once you have figured out the best place to buy Elanco Animal Health stock, it's important to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Elanco Animal Health shares data
ELAN Overview
WallStreetZen was created to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on ELAN's stock page.
Is ELAN stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge ELAN's intrinsic value.
Using relative valuations measures:
- ELAN may be undervalued based on its P/E ratio of 14.32x, relative to Drug Manufacturers - Specialty & Generic industry P/E ratio of 21.8x
- ELAN may be undervalued based on its P/B ratio of 0.79x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.09x
- ELAN could be undervalued based on its PEG ratio of 0.9x
You can access additional valuation analysis on ELAN's stock here.
A look at ELAN Cashflows and Balance Sheet
Positive Financial Indicators:
- ELAN profit margin has gone up from -27.9% to 7.6% in the past year.
- There are more short-term assets than short-term liabilities on the ELAN balance sheet.
Negative Financial Indicators:
- Total ELAN debt is higher than 5 years ago, relative to shareholder equity.
- ELAN has a relatively high debt to equity ratio of 1.07.
- ELAN earnings of $723.00M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the ELAN balance sheet.
- ELAN's operating cash flow of $541.00M allows it to safely service it's debt of $4.32B.
Is it a good time to buy Elanco Animal Health stock, according to Wall Street analysts?
Out of 6 Wall Street analysts who give recommendations on ELAN, the consensus analyst rating on Elanco Animal Health is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent ELAN Analyst Recommendations
Daniel Clark, a bottom 37% analyst from Leerink Partners initiates coverage on ELAN with a hold rating and announces their ELAN price target of $14.00, on Dec 2, 2024.
You can dig deeper into what analysts are projecting on the Elanco Animal Health stock forecast page.
ELAN Technical Indicators
ELAN Revenue
Last year, ELAN earnings were $338.00M. Over the past five year, ELAN's earnings have gone up by 30.45% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 5.87%.
Last year, ELAN revenue was $4.44B. During the last five year, ELAN's revenue has increased by 7.65% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 7.88%.
You can analyze ELAN's earnings and revenue performance here.
Are ELAN executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at ELAN have sold more shares than they have bought.
Timothy J. Bettington, Executive Vice President Corporate Strategy and Market Development of ELAN, was the latest ELAN insider to sell. They sold $228,983.76 worth of ELAN stock on Apr 3, 2025.
Get more info about who owns ELAN shares here.
Can I rely on ELAN as an income stream?
No, Elanco Animal Health doesn't provide an income stream by paying out dividends.
What do other traders have to say about ELAN?
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Step 5: Execute your ELAN buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you require more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Track your ELAN position
Now that you own some ELAN shares, you'll want to stay up-to-date on your new investment.
Start a watchlist to get alerted to the latest events about your ELAN stock.
ELAN Feed
How to Buy Stock in Elanco Animal Health
To reiterate, here are the 6 steps you need to take to buy Elanco Animal Health stock right now:
- Decide where to buy Elanco Animal Health stock
- Sign up for a brokerage account
- Fund your investment account
- Analyze Elanco Animal Health stock
- Execute your ELAN buy order
- Track your ELAN position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Elanco Animal Health, click the button below.
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