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Elanco Animal Health Incorporated (ELAN)

Healthcare | Drug Manufacturers - Specialty & Generic | Indianapolis, United States | NYSE
25.14 USD +0.32 (1.289%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 2:57 a.m. EDT

The investment case for Elanco is currently fractured by a severe disconnect between its operational recovery and its financial reality. On the surface, the business shows signs of life: revenue grew nearly 15% year-over-year, and the stock has finally turned positive for the trailing twelve months, breaking out of a multi-year downtrend. However, these operational gains are being completely erased by a bottom line that remains in the red, with earnings per share at -$0.50 and a massive debt load of over $4.3 billion against only $428 million in cash. This deleveraging crisis is the primary driver keeping the long-term rating neutral; until the balance sheet stabilizes and profitability returns, the stock remains a value trap despite the revenue story. In the short term, the technical setup looks promising with a breakout above the 50-day moving average, yet the options market tells a different story. The heavy concentration of put open interest at strikes significantly below the current price suggests that sophisticated traders see limited upside potential and are hedging against a failure to sustain this rally. The statistical forecasting model offers no directional guidance, reflecting the noise inherent in a stock trying to find a floor. Consequently, while the chart looks attractive, the fundamental rot in earnings and the defensive posture of the options market prevent a bullish conviction, leaving the short-term outlook merely neutral.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.050539
AutoTheta0.050667
MSTL0.053769
MSTL_900.057834
AutoARIMA0.082131
MSTL_90_1260.105379
MSTL_1260.115545

Forecast horizon: 60 days | Selected: AutoETS

Forecast Reliability
Score 40%
H-stat 0.10
Ljung-Box p 0.000
Jarque-Bera p 0.024
Excess Kurtosis 0.40
Attribute Value
Sector Healthcare
Debt to Equity Ratio 66.154
Revenue per Share 9.844
Market Cap 12,556,162,048
Forward P/E 21.20
Beta 1.69
Profit Margins -4.95%
Website https://www.elanco.com

As of July 11, 2026, 2:57 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (strikes 20, 21, 18) across multiple expirations, suggesting a fear of further downside or a lack of confidence in immediate recovery. While there is some call volume at lower strikes (18, 19), the dominance of put open interest and the specific 'Top OI' designations at deep discount levels indicate a market expecting volatility or a continued struggle to regain ground above key resistance zones.


Info Dump

Attribute Value
52 Week Change 0.6668905
Address1 450 Elanco Circle
All Time High 37.61
All Time Low 7.88
Ask 0.0
Ask Size 500
Audit Risk 10
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 4,344,190
Average Daily Volume3 Month 5,784,781
Average Volume 5,784,781
Average Volume10Days 4,344,190
Beta 1.685
Bid 0.0
Bid Size 300
Board Risk 2
Book Value 13.016
City Indianapolis
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 25.14
Current Ratio 2.156
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 25.2699
Day Low 24.51
Debt To Equity 66.154
Earnings Call Timestamp End 1,785,960,000
Earnings Call Timestamp Start 1,785,960,000
Earnings Growth -0.154
Earnings Quarterly Growth -0.149
Earnings Timestamp 1,785,933,000
Earnings Timestamp End 1,785,933,000
Earnings Timestamp Start 1,785,933,000
Ebitda 970,000,000
Ebitda Margins 0.19824
Enterprise To Ebitda 16.936
Enterprise To Revenue 3.357
Enterprise Value 16,428,162,048
Eps Current Year 1.06572
Eps Forward 1.18592
Eps Trailing Twelve Months -0.5
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.3674
Fifty Day Average Change 1.7726002
Fifty Day Average Change Percent 0.075857826
Fifty Two Week Change Percent 66.68905
Fifty Two Week High 27.72
Fifty Two Week High Change -2.58
Fifty Two Week High Change Percent -0.09307359
Fifty Two Week Low 13.39
Fifty Two Week Low Change 11.749999
Fifty Two Week Low Change Percent 0.87752044
Fifty Two Week Range 13.39 - 27.72
Financial Currency USD
First Trade Date Milliseconds 1,537,450,200,000
Float Shares 494,819,685
Forward Eps 1.18592
Forward P E 21.19873
Free Cashflow 692,124,992
Full Exchange Name NYSE
Full Time Employees 9,400
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.55057997
Gross Profits 2,694,000,128
Has Pre Post Market Data 1
Held Percent Insiders 0.01217
Held Percent Institutions 1.11376
Implied Shares Outstanding 499,449,583
Industry Drug Manufacturers - Specialty & Generic
Industry Disp Drug Manufacturers - Specialty & Generic
Industry Key drug-manufacturers-specialty-generic
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for pets and farm animals worldwide. The company offers pet health products, such as parasiticides, vaccines, and therapeutics that protect pets from fleas, ticks, and internal parasites under the Seresto, K-9 Advantage, Advantix, and Advocate trademarks; prescription parasiticide products, an over-the-counter treatments for the prevention and elimination of fleas and ticks under the Credelio Family, Interceptor Plus, Drontal family, and Drontal Plus; vaccines portfolio that provides differentiated prevention coverage for a number of important pet health risks; and therapeutics portfolio for the treatment of pain, otitis, cardiovascular, and dermatology indications, as well as osteoarthritis for dogs and cats under the Galliprant trademark. It also provides farm animal products that help farmers improve animal health and wellbeing, and raise livestock, such as cattle, swine, and poultry. In addition, the company offers medicated feed additives, injectable antibiotics, vaccines, insecticides and enzymes, and others under the Rumensin, Baytril, and Experior trademarks for cattle; and under the Maxiban and Monteban trademarks for the control and prevention of intestinal disease in poultry. Further, it offers other pet health products for cats and dogs under the Atopica, Milbemax, Onsior, and Tru Family trademarks; and other farm animal products for poultry, cattle, and swine under the AviPro, Catosal, Denagard, Hemicell, Pulmotil, and Surmax tradmarks. The company sells its products to third-party distributors and independent retailers; and directly to farm animal producers and veterinarians. Elanco Animal Health Incorporated was founded in 1954 and is headquartered in Indianapolis, Indiana.
Long Name Elanco Animal Health Incorporated
Market us_market
Market Cap 12,556,162,048
Market State PRE
Max Age 86,400
Message Board Id finmb_576158911
Most Recent Quarter 1,774,915,200
Net Income To Common -242,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 12,556,162,516
Number Of Analyst Opinions 14
Open 24.62
Operating Cashflow 577,000,000
Operating Margins 0.12327
Overall Risk 4
Payout Ratio 0.0
Peg Ratio 4.04
Phone 877 352 6261
Pre Market Change 0.17000008
Pre Market Change Percent 0.6762135
Pre Market Price 25.31
Pre Market Time 1,784,022,218
Previous Close 24.82
Price Eps Current Year 23.589685
Price Hint 2
Price To Book 1.931469
Price To Sales Trailing12 Months 2.5661478
Profit Margins -0.04946
Quick Ratio 0.952
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.41176
Region US
Regular Market Change 0.32
Regular Market Change Percent 1.28928
Regular Market Day High 25.2699
Regular Market Day Low 24.51
Regular Market Day Range 24.51 - 25.2699
Regular Market Open 24.62
Regular Market Previous Close 24.82
Regular Market Price 25.14
Regular Market Time 1,783,972,802
Regular Market Volume 1,773,946
Return On Assets 0.01467
Return On Equity -0.03766
Revenue Growth 0.149
Revenue Per Share 9.844
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 2
Shares Outstanding 499,449,583
Shares Percent Shares Out 0.0705
Shares Short 35,223,208
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 33,151,799
Short Name Elanco Animal Health Incorporat
Short Percent Of Float 0.1121
Short Ratio 6.6
Source Interval 15
State IN
Symbol ELAN
Target High Price 32.0
Target Low Price 23.0
Target Mean Price 29.85714
Target Median Price 30.0
Total Cash 428,000,000
Total Cash Per Share 0.857
Total Debt 4,300,000,256
Total Revenue 4,893,000,192
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.5
Trailing Peg Ratio 4.0421
Triggerable 1
Two Hundred Day Average 23.03025
Two Hundred Day Average Change 2.1097488
Two Hundred Day Average Change Percent 0.09160773
Type Disp Equity
Volume 1,773,946
Website https://www.elanco.com
Zip 46,221