Element Solutions Inc (ESI) concluded trading on Wednesday at a closing price of $26.18, with 5.06 million shares of worth about $132.5 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.12% during that period and on Wednesday the price saw a loss of about -0.53%. Currently the company’s common shares owned by public are about 242.20M shares, out of which, 222.18M shares are available for trading.
Stock saw a price change of 4.22% in past 5 days and over the past one month there was a price change of -0.80%. Year-to-date (YTD), ESI shares are showing a performance of 2.95% which increased to 8.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.10 but also hit the highest price of $29.78 during that period. The average intraday trading volume for Element Solutions Inc shares is 1.78 million. The stock is currently trading 1.61% above its 20-day simple moving average (SMA20), while that difference is up 1.70% for SMA50 and it goes to -0.41% lower than SMA200.
Element Solutions Inc (NYSE: ESI) currently have 242.20M outstanding shares and institutions hold larger chunk of about 90.78% of that.
The stock has a current market capitalization of $6.35B and its 3Y-monthly beta is at 1.21. PE ratio of stock for trailing 12 months is 26.00, while it has posted earnings per share of $1.01 in the same period. Its PEG reads 2.58 and has Quick Ratio of 2.70 while making debt-to-equity ratio of 0.80. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ESI, volatility over the week remained 2.73% while standing at 3.16% over the month.
EPS is likely to shrink at an annualized rate of 10.09% for next 5-years, compared to annual growth of 23.87% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Truist on January 28, 2025 offering a Hold rating for the stock and assigned a target price of $28 to it. Coverage by BofA Securities stated Element Solutions Inc (ESI) stock as a Neutral in their note to investors on January 14, 2025, suggesting a price target of $28 for the stock. On October 25, 2024, Wolfe Research Upgrade their recommendations, while on October 14, 2024, Seaport Research Partners Initiated their ratings for the stock with a price target of $33. Stock get a Peer perform rating from Wolfe Research on March 01, 2024.
