Analysts See $0.20 EPS for Ellie Mae, Inc. (ELLI) on July, 26

June 26, 2018 - By Lena Young

Ellie Mae, Inc. (NYSE:ELLI) Corporate Logo
Big Money Sentiment decreased to 0.85 in Q1 2018. It has change of 0.14, from 2017Q4’s 0.99. The ratio dropped due to Ellie Mae, Inc. positioning: 23 sold and 66 reduced. 25 funds amassed holdings and 51 increased holdings. Investors holded 37.95 million in 2017Q4 but now own 37.21 million shares or 1.96% less.
Cetera Advisor Netwr Ltd Liability invested 0.01% in Ellie Mae, Inc. (NYSE:ELLI). Putnam Investments Ltd Liability reported 71,898 shs. Natixis reported 110,958 shs stake. Tradewinds Cap Mngmt Llc invested in 0% or 82 shs. Regions Fincl Corporation has 92 shs. 2,343 were reported by Etrade Management Lc. Minnesota-based Summit Creek Advsr Ltd Limited Liability Company has invested 0.97% in Ellie Mae, Inc. (NYSE:ELLI). Raymond James Associate invested in 0% or 22,915 shs. Moreover, Swiss Bankshares has 0.01% invested in Ellie Mae, Inc. (NYSE:ELLI). Captrust Advsrs reported 578 shs or 0% of all its holdings. Meritage Gru Lp accumulated 876,494 shs. Amalgamated State Bank reported 4,516 shs. Contour Asset Mngmt Ltd Liability Company, New York-based fund reported 730,648 shs. Mitsubishi Ufj Trust And Banking invested 0.04% in Ellie Mae, Inc. (NYSE:ELLI). Brown Advisory holds 5,430 shs or 0% of its capital.

Ellie Mae, Inc. registered $13.62 million net activity with 0 buys and 50 selling transactions since January 2, 2018. Corr Jonathan sold 589 shs worth $62,381. 531 Ellie Mae, Inc. (NYSE:ELLI) shs with value of $48,776 were sold by LaVay Matthew. Another trade for 946 shs valued at $96,795 was made by DOLAN A BARR on Friday, May 18. SCHREINER GATES CATHLEEN had sold 623 shs worth $63,808 on Tuesday, May 15. Shares for $96,897 were sold by Levinson Marina. HIRSCH PETER also sold $183,180 worth of Ellie Mae, Inc. (NYSE:ELLI) on Thursday, February 15.

Earnings report for Ellie Mae, Inc. (NYSE:ELLI) is anticipated on July, 26., Zacks reports. Analysts expect change of 61.54 % or $0.32 from previous year’s $0.52 earnings per share compared to current’s $0.20 earnings per share. The profit will be $6.87M for ELLI if $0.20 earnings per share becomes true. Last quarter $0.12 earnings per share was reported. Analysts predicts 66.67 % EPS growth this quarter. ELLI hit $107.65 during the last trading session after $0.43 change.Currently Ellie Mae, Inc. is downtrending after 4.44% change in last June 26, 2017. ELLI has 328,835 shares volume. ELLI underperformed the S&P 500 by 17.01%.

Ellie Mae, Inc. (NYSE:ELLI) Ratings Coverage

Total analysts of 12 have positions in Ellie Mae (NYSE:ELLI) as follows: 4 rated it a “Buy”, 2 with “Sell” and 6 with “Hold”. The positive are 33%. Since January 3, 2018 according to StockzIntelligence Inc Ellie Mae has 14 analyst reports. On Friday, April 20 the company was upgraded by Zelman. On Wednesday, January 31 the stock of Ellie Mae, Inc. (NYSE:ELLI) earned “Buy” rating by RBC Capital Markets. The stock rating was downgraded by Bank of America to “Neutral” on Monday, April 16. On Friday, February 9 the firm has “Buy” rating given by Needham. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, January 30. On Thursday, June 21 J.P. Morgan downgraded the shares of ELLI in report to “Hold” rating. In Monday, February 5 report KeyBanc Capital Markets maintained the stock with “Overweight” rating. The stock rating was downgraded by JP Morgan to “Neutral” on Thursday, June 21. On Friday, February 9 the stock has “Buy” rating by Bank of America. On Tuesday, January 9 the company was upgraded by Barclays Capital.

Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States.The firm is valued at $3.70 billion. The firm 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.84.7 is the P/E ratio. The Company’s Encompass solutions and services comprise Ellie Mae Total Quality Loan Program that offers fraud detection, valuation, validation, and risk analysis services; Encompass CenterWise, Encompass Compliance Service, and Encompass Docs Solution as integrated components; Encompass Docs Solution, a 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.

More recent Ellie Mae, Inc. (NYSE:ELLI) news were brought out by Businesswire.com, Benzinga.com and Businesswire.com. The first one has “Ellie Mae’s Brian Brown and Vikas Rao Named HousingWire Rising Stars” as a title and was brought out on June 04, 2018. The next is “Ellie Mae Hit With Downgrade On Valuation, Mortgage End Market Challenges” on June 21, 2018. And last was brought out on May 31, 2018, called “Ellie Mae Announces Departure of Chief Financial Officer”.

Ellie Mae, Inc. (NYSE:ELLI) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.