Elanco Animal Health Inc ELAN

Morningstar Rating
$22.14 +0.37 (1.70%)
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Company Report

Elanco Pushes Forward With New Products

Though the firm is among the four largest animal drug producers, Elanco has faced challenges in evolving into a more dominant and profitable competitor. The firm’s stated strategy relies heavily on innovation to commercialize potential blockbuster therapies and feed a product pipeline that can maintain profitable growth over the long term. While we think this strategy is sound—and we have seen rival Zoetis reach impressive success with it—Elanco’s execution has been rather inconsistent. Now the firm has finally begun to realize some of its potential.

Price vs Fair Value

ELAN is trading at a LOCK|@bJbN premium.
Price
$21.77
Fair Value
Q>W
Uncertainty
LOCK|HF
1-Star Price
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5-Star Price
LOCK|.@
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Secular growth of global pet ownership should provide a continuous tailwind to the demand for Elanco products.

Bears

Regulatory scrutiny on antibiotics used in meat production may limit the total market of Elanco’s feed additive products.

News

Articles & Videos

Trading Information

Previous Close Price
$21.77
Day Range
$21.77–22.36
52-Week Range
$19.40–27.98
Bid/Ask
$21.50 / $23.05
Shares Outstanding
499.62M
Market Cap
$11.06B
Volume/Avg
5M / 6M

Key Statistics

Price/Earnings (Normalized)
20.54
Price/Sales
2.17
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Elanco Animal Health is an animal health company that is engaged in developing, manufacturing, and marketing pharma products for companion and food animals. It spun off from Eli Lilly in 2018 and acquired Janssen Animal Health in 2011, Novartis Animal Health in 2014, Boehringer Ingelheim Vetmedica in 2017, and Bayer Animal Health in 2020. The company's operations are conducted globally, and it sells its products in over 90 countries. It offers a range of food animal products used in cattle, sheep, poultry, and swine production.
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Stock Style Box
Small Core
Total Number of Employees
9,900

Competitors

Valuation

Metric
ELAN
MRK
ZTS
Price/Earnings (Normalized)
20.5444.8010.50
Price/Book Value
1.658.479.09
Price/Sales
2.175.363.13
Price/Cash Flow
19.0116.109.28
Price/Earnings
ELAN
MRK
ZTS

Financial Strength

Metric
ELAN
MRK
ZTS
Quick Ratio
0.910.711.57
Current Ratio
2.051.323.08
Interest Coverage
0.334.2814.29
Quick Ratio
ELAN
MRK
ZTS

Profitability

Metric
ELAN
MRK
ZTS
Return on Assets (Normalized)
3.97%6.27%18.78%
Return on Equity (Normalized)
8.08%16.68%70.42%
Return on Invested Capital (Normalized)
6.86%9.82%23.70%
Return on Assets
ELAN
MRK
ZTS

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