Element Solutions Inc (NYSE: ESI) has a price-to-earnings ratio that is above its average at 33.32x. The stock has a 36-month beta value of 1.29. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ESI is 221.98M, and at present, short sellers hold a 0.96% of that float. On September 26, 2024, the average trading volume of ESI was 1.25M shares.
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
Sponsored
ESI) stock’s latest price update
The stock price of Element Solutions Inc (NYSE: ESI) has surged by 2.85 when compared to previous closing price of 25.99, but the company has seen a 3.48% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-05 that ESI’s portfolio will be more concentrated and better positioned for faster growth and higher cash flow conversion in the future.
ESI’s Market Performance
Element Solutions Inc (ESI) has experienced a 3.48% rise in stock performance for the past week, with a 2.33% rise in the past month, and a -0.41% drop in the past quarter. The volatility ratio for the week is 1.60%, and the volatility levels for the past 30 days are at 2.07% for ESI. The simple moving average for the last 20 days is 4.07% for ESI stock, with a simple moving average of 9.07% for the last 200 days.
Analysts’ Opinion of ESI
BMO Capital Markets, on the other hand, stated in their research note that they expect to see ESI reach a price target of $23. The rating they have provided for ESI stocks is “Outperform” according to the report published on June 20th, 2023.
Goldman gave a rating of “Neutral” to ESI, setting the target price at $20 in the report published on October 13th of the previous year.
ESI Trading at 3.36% from the 50-Day Moving Average
After a stumble in the market that brought ESI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.82% of loss for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 1.60%, as shares surge +1.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.12% lower at present.
During the last 5 trading sessions, ESI rose by +3.52%, which changed the moving average for the period of 200-days by +28.43% in comparison to the 20-day moving average, which settled at $25.71. In addition, Element Solutions Inc saw 15.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ESI starting from Fricke Richard L., who sale 9,500 shares at the price of $23.40 back on Feb 28 ’24. After this action, Fricke Richard L. now owns 36,229 shares of Element Solutions Inc, valued at $222,300 using the latest closing price.
Goralski Michael, the Former EVP, Head of I&S of Element Solutions Inc, sale 11,604 shares at $23.20 during a trade that took place back on Feb 13 ’24, which means that Goralski Michael is holding 143,446 shares at $269,213 based on the most recent closing price.
Stock Fundamentals for ESI
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.41 for the gross margin
The net margin for Element Solutions Inc stands at 0.08. The total capital return value is set at 0.05. Equity return is now at value 8.28, with 3.86 for asset returns.
Based on Element Solutions Inc (ESI), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.81. The interest coverage ratio of the stock is 4.38.
Currently, EBITDA for the company is 420.3 million with net debt to EBITDA at 3.35. When we switch over and look at the enterprise to sales, we see a ratio of 3.44. The receivables turnover for the company is 4.91for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.50.
Conclusion
To sum up, Element Solutions Inc (ESI) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
