On Tuesday, Element Solutions Inc (NYSE: ESI) was 1.18% up from the session before settling in for the closing price of $23.70. A 52-week range for ESI has been $17.08 – $25.81.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 4.36%. When this article was written, the company’s average yearly earnings per share was at 7.05%. With a float of $221.87 million, this company’s outstanding shares have now reached $241.53 million.
Let’s determine the extent of company efficiency that accounts for 5300 employees.
Element Solutions Inc (ESI) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Element Solutions Inc stocks. The insider ownership of Element Solutions Inc is 8.31%, while institutional ownership is 91.50%. The most recent insider transaction that took place on Feb 28 ’24, was worth 222,300. In this transaction SVP, Electronics of this company sold 9,500 shares at a rate of $23.40, taking the stock ownership to the 36,229 shares. Before that another transaction happened on Feb 15 ’24, when Company’s President and CEO sold 6,579 for $23.20, making the entire transaction worth $152,633. This insider now owns 726,399 shares in total.
Element Solutions Inc (ESI) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 7.05% per share during the next fiscal year.
Element Solutions Inc (NYSE: ESI) Trading Performance Indicators
You can see what Element Solutions Inc (ESI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.49. Likewise, its price to free cash flow for the trailing twelve months is 20.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.48, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.57 in one year’s time.
Technical Analysis of Element Solutions Inc (ESI)
Looking closely at Element Solutions Inc (NYSE: ESI), its last 5-days average volume was 1.12 million, which is a drop from its year-to-date volume of 1.31 million. As of the previous 9 days, the stock’s Stochastic %D was 17.90%. Additionally, its Average True Range was 0.49.
During the past 100 days, Element Solutions Inc’s (ESI) raw stochastic average was set at 66.73%, which indicates a significant increase from 23.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.37% in the past 14 days, which was lower than the 21.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.12, while its 200-day Moving Average is $21.42. However, in the short run, Element Solutions Inc’s stock first resistance to watch stands at $24.22. Second resistance stands at $24.45. The third major resistance level sits at $24.81. If the price goes on to break the first support level at $23.62, it is likely to go to the next support level at $23.26. Should the price break the second support level, the third support level stands at $23.03.
Element Solutions Inc (NYSE: ESI) Key Stats
There are 242,064K outstanding shares of the company, which has a market capitalization of 5.80 billion. As of now, sales total 2,333 M while income totals 118,100 K. Its latest quarter income was 573,400 K while its last quarter net income were 77,100 K.
