At the time of writing, Element Solutions Inc [ESI] stock is trading at $27.16, up 0.56%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ESI shares have gain 5.64% over the last week, with a monthly amount glided 2.45%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, BMO Capital Markets started tracking the stock with Outperform rating on June 20, 2023, and set its price target to $23. On October 13, 2022, Goldman initiated with a Neutral rating and assigned a price target of $20 on the stock. Credit Suisse started tracking the stock assigning a Underperform rating and suggested a price target of $15 on October 06, 2022. Barclays upgraded its rating to a Overweight and reduced its price target to $22 on July 11, 2022. CL King started tracking with a Buy rating for this stock on January 24, 2022, and assigned it a price target of $28. In a note dated October 13, 2021, Mizuho initiated an Buy rating and provided a target price of $27 on this stock.
For the past year, the stock price of Element Solutions Inc fluctuated between $17.57 and $28.68. Currently, Wall Street analysts expect the stock to reach $25.6 within the next 12 months. Element Solutions Inc [NYSE: ESI] shares were valued at $27.16 at the most recent close of the market. An investor can expect a potential drop of -5.74% based on the average ESI price forecast.
Analyzing the ESI fundamentals
According to Element Solutions Inc [NYSE:ESI], the company’s sales were 2.36B for trailing twelve months, which represents an 4.54% jump. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.87 points at the first support level, and at 26.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.32, and for the 2nd resistance point, it is at 27.48.
Ratios To Look Out For
It is important to note that Element Solutions Inc [NYSE:ESI] has a current ratio of 3.50. Also, the Quick Ratio is 2.60, while the Cash Ratio stands at 0.83. Considering the valuation of this stock, the price to sales ratio is 2.79, the price to book ratio is 2.77 and price to earnings (TTM) ratio is 33.85.
Transactions by insiders
Recent insider trading involved Fricke Richard L., SVP, Electronics, that happened on Feb 28 ’24 when 9500.0 shares were sold. Former EVP, Head of I&S, Goralski Michael completed a deal on Feb 13 ’24 to sell 11604.0 shares. Meanwhile, Former EVP, Head of I&S Goralski Michael sold 1169.0 shares on Feb 15 ’24.
