At the time of writing, Element Solutions Inc [ESI] stock is trading at $26.91, up 9.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ESI shares have gain 5.57% over the last week, with a monthly amount glided 2.99%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Element Solutions Inc [NYSE: ESI] stock has seen the most recent analyst activity on October 14, 2024, when Seaport Research Partners initiated its Buy rating and assigned the stock a price target of $33. On June 20, 2023, BMO Capital Markets initiated with a Outperform rating and assigned a price target of $23 on the stock. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $20 on October 13, 2022. Credit Suisse initiated its recommendation with a Underperform and recommended $15 as its price target on October 06, 2022. Barclays upgraded its rating to Overweight for this stock on July 11, 2022, and downed its price target to $22. In a note dated January 24, 2022, CL King initiated an Buy rating and provided a target price of $28 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 $34.38 within the next 12 months. Element Solutions Inc [NYSE: ESI] shares were valued at $26.91 at the most recent close of the market. An investor can expect a potential return of 27.76% 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 24.98 points at the first support level, and at 23.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.39, and for the 2nd resistance point, it is at 29.86.
Ratios To Look Out For
It is important to note that Element Solutions Inc [NYSE:ESI] has a current ratio of 3.50. As well, the Quick Ratio is 2.60, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 2.76, the price to book ratio is 2.75 and price to earnings (TTM) ratio is 33.54.
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.
