Element Solutions Inc (NYSE:ESI) saw a downside of -0.57% to close Monday at $22.79 after subtracting -$0.13 on the day. The 5-day average trading volume is 1,244,240 shares of the company’s common stock. It has gained $23.48 in the past week. An average of 1,400,790 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,209,560.
ESI’s 1-month performance is 5.17% or $1.12 on its low of $20.13 reached on 09/20/21. The company’s shares have touched a 52-week low of $11.15 and high of $24.70, with the stock’s rally to the 52-week high happening on 06/11/21. YTD, ESI has achieved 28.54% or $5.06. However, the current price is down -7.73%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
On Mar 02, 224 days have gone by since the last insider trading activity for Element Solutions Inc (ESI). Benson Scot (Director) most recently sold 1,499 shares at $18.58 per share on Mar 02. This transaction cost the insider $27,851. VP, Program Mgt & Integration, Mount Patricia, sold 3,000 shares at a price of $11.85 on Nov 03.
The company’s PE ratio for the last five years has touched a high of 67.03 and a low of 17.72. ESI stock has a beta of 1.60. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.63 while the price-to-book (PB) in the most recent quarter is 2.28, with the price to cash flow ratio at 27.51.
Element Solutions Inc pays an annual dividend of $0.24 per share. Its dividend yield is 1.05% and the payout ratio is 17.30%. ESI’s most recent quarterly dividend payment was made on Sep. 15, when it paid $0.06 a share compared with prior rate of $0.06, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.01 reported on Thursday May 20 2021.
It is projected that Element Solutions Inc’s next ex-dividend date will be on 1-Dec. ESI is expected to distribute $0.06 as its next dividend.
Element Solutions Inc’s quick ratio for the period ended June 29 was 2.40, with the current ratio over the same period at 3.20 meaning that ESI stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.61, while the total debt to equity was 0.61. In terms of profitability, the gross margin trailing 12 months is 42.10%. The trailing 12-month EBITDA margin is 21.59% while for the period ending June 29; Element Solutions Inc’s operating margin was 14.40%. The firm’s gross profit as reported stood at $786.0 million against revenue of $1.85 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected ESI to announce $0.34 per share in earnings in its latest quarter, but it posted $0.35, representing a 2.90% surprise. EBITDA for the quarter stood at more than $111.1 million. ESI stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.18 billion, with total debt at $1.55 billion. Shareholders hold equity totaling $247.57 million
Let’s look briefly at Element Solutions Inc (ESI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 57.93% to suggest the stock is trending Neutral, with historical volatility in this time period at 26.14%.
The stock’s 5-day moving average is $22.92, reflecting a +2.15% or $0.48 change from its current price. ESI is currently trading +4.64% above its 20-day SMA, +3.36% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -2.57% and +25.70% respectively.
Stochastic %K and %D was 82.24% and 87.59% and the average true range (ATR) pointed at 0.65. The RSI (14) points at 55.22%, while the 14-day stochastic is at 74.73% with the period’s ATR at 0.64. The stock’s 9-day MACD Oscillator is pointing at 0.35 and 0.56 on the 14-day charts.
In the most recent analyst report for Element Solutions Inc (NYSE: ESI), Wolfe Research launched coverage with an Outperform rating. Analysts offering their rating for ESI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate ESI as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 6 have offered a “buy” rating.
What is ESI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $22.50 and a high of $30.00, with their median price target at $28.50. Looking at these predictions, the average price target given by analysts is for Element Solutions Inc (ESI) stock is $27.81.