Currently, there are 242.20M common shares owned by the public and among those 222.18M shares have been available to trade.
The company’s stock has a 5-day price change of -3.33% and -5.54% over the past three months. ESI shares are trading -0.79% year to date (YTD), with the 12-month market performance up to 5.21% higher. It has a 12-month low price of $23.10 and touched a high of $29.78 over the same period. ESI has an average intraday trading volume of 1.86 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.67%, -2.01%, and -4.09% respectively.
Institutional ownership of Element Solutions Inc (NYSE: ESI) shares accounts for 90.78% of the company’s 242.20M shares outstanding.
It has a market capitalization of $6.12B and a beta (3y monthly) value of 1.22. The stock’s trailing 12-month PE ratio is 25.06, while the earnings-per-share (ttm) stands at $1.01. The company has a PEG of 2.48 and a Quick Ratio of 2.70 with the debt-to-equity ratio at 0.80. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.81% over the week and 3.12% over the month.
Analysts forecast that Element Solutions Inc (ESI) will achieve an EPS of 0.32 for the current quarter, 0.35 for the next quarter and 1.66 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.31 while analysts give the company a high EPS estimate of 0.31. Comparatively, EPS for the current quarter was 0.34 a year ago. EPS should shrink at an annualized rate of 10.09% over the next five years, compared to 23.87% over the past 5-year period.
Looking at the support for the ESI, a number of firms have released research notes about the stock. Truist stated their Hold rating for the stock in a research note on January 28, 2025, with the firm’s price target at $28. BofA Securities coverage for the Element Solutions Inc (ESI) stock in a research note released on January 14, 2025 offered a Neutral rating with a price target of $28. Wolfe Research was of a view on October 25, 2024 that the stock is Outperform, while Seaport Research Partners gave the stock Buy rating on October 14, 2024, issuing a price target of $33. Wolfe Research on their part issued Peer Perform rating on March 01, 2024.
