Ellie Mae, A Market Leader Trading At A Discount
The company still manages to grow through headwinds from the mortgage markets, taking market share. The mortgage market is expected to turn in the second half of next year. Their […]
Ellie Mae Confounds The Skeptics
The company keeps confounding the critics, growing against headwinds from rising interest rates and lower mortgage origination volumes. This isn’t so surprising, it has done it before. The company has […]
There Is Upside In The Shares Of Ellie Mae
Ellie Mae has a near unassailable position in the mortgage market, offering a one-stop-shop solution for its varied customers. Headwinds from the refi market are set to continue, but growth […]
Ellie Mae: Growing In A Declining Industry
The company has a near unassailable market position and keeps on gaining market share. However, we think for the foreseeable future, tailwinds and headwinds (mostly from the mortgage market) will […]
SaaS Is King
The SaaS business model in enterprise software is clearly a very attractive business model commanding some prime valuations. It offers multiple growth avenues, and when done right, platforms can establish […]
Ellie Mae’s Quarterly Miss, An Inflection Point?
The danger for expensive growth stocks is always an earnings miss, especially when accompanied by a considerable guidance reduction. This is exactly what happened to Ellie Mae, and the recovery […]
Ellie Mae Is Too Expensive
Ellie Mae has one of the best business models we have come across. But the law of big numbers and some headwinds in the mortgage market is slowing growth and […]
Ellie Mae Remains A Good Company That’s Terrifically Valued
Shares of Ellie Mae sold off after the Trump victory as people feared higher mortgage rates would cut their growth. But the company has demonstrated before that they can grow […]
Sell-Off In Ellie Mae Provides An Opportunity
The shares of mortgage software provider Ellie Mae have sold off strongly on rising bond yields. While the shares are still anything but cheap (especially on a GAAP basis), we […]