ELS Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for ELS stock have an average target of 73.33, with a low estimate of 68 and a high estimate of 82. The average target predicts an increase of 10.09% from the current stock price of 66.61.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$68	$73.33	$72	$82
Change	+2.09%	+10.09%	+8.09%	+23.10%

* Price targets were last updated on Nov 12, 2024.

Analyst Ratings

The average analyst rating for ELS stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	2	2	3	4	4	4
Hold	6	6	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anthony Hau Truist Securities	Truist Securities	Hold Maintains $70 → $71	Hold	Maintains	$70 → $71	+6.59%	Nov 12, 2024
Merrill Ross Compass Point	Compass Point	Hold Maintains $70 → $72	Hold	Maintains	$70 → $72	+8.09%	Oct 23, 2024
Steve Sakwa Evercore ISI Group	Evercore ISI Group	Hold Maintains $77 → $76	Hold	Maintains	$77 → $76	+14.10%	Oct 23, 2024
Wesley Golladay Baird	Baird	Buy Maintains $71 → $72	Buy	Maintains	$71 → $72	+8.09%	Oct 22, 2024
Steve Sakwa Evercore ISI Group	Evercore ISI Group	Hold Maintains $76 → $77	Hold	Maintains	$76 → $77	+15.60%	Oct 21, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.54B

Revenue Next Year

1.62B

from 1.54B

5.28%

from 1.54B

EPS This Year

1.89

from 1.69

12.07%

from 1.69

EPS Next Year

1.98

from 1.89

4.72%

from 1.89

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	1.54B	1.62B	1.68B
Revenue Growth	5.49%	7.36%	17.57%	9.86%	2.85%	-	5.28%	4.02%
EPS	1.54	1.25	1.43	1.53	1.69	1.89	1.98	2.16
EPS Growth	29.43%	-18.66%	14.13%	6.96%	10.23%	12.07%	4.72%	8.88%
Forward PE	-	-	-	-	-	35.24	33.65	30.90
No. Analysts	-	-	-	-	-	10	10	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.6B	1.7B	1.8B
Avg	1.5B	1.6B	1.7B
Low	1.4B	1.5B	1.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	12.2%	10.5%
Avg	-	5.3%	4.0%
Low	-	-2.6%	-2.2%

EPS Forecast

EPS	2024	2025	2026
High	2.05	2.16	2.34
Avg	1.89	1.98	2.16
Low	1.67	1.75	1.93

EPS Growth

EPS Growth	2024	2025	2026
High	21.4%	14.4%	18.3%
Avg	12.1%	4.7%	8.9%
Low	-1.2%	-7.2%	-2.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.