On Tuesday, Element Solutions Inc (NYSE: ESI) opened lower -1.14% from the last session, before settling in for the closing price of $28.03. Price fluctuations for ESI have ranged from $20.31 to $29.16 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 4.36%. Company’s average yearly earnings per share was noted 11.42% at the time writing. With a float of $222.00 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. In terms of profitability, gross margin is 41.56%, operating margin of 13.77%, and the pretax margin is 10.74%.
Element Solutions Inc (ESI) Insider Activity
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Element Solutions Inc is 8.33%, while institutional ownership is 91.72%. 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 13 ’24, when Company’s Former EVP, Head of I&S sold 11,604 for $23.20, making the entire transaction worth $269,213. This insider now owns 143,446 shares in total.
Element Solutions Inc (ESI) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.32 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.33) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.42% per share during the next fiscal year.
Element Solutions Inc (NYSE: ESI) Trading Performance Indicators
Check out the current performance indicators for Element Solutions Inc (ESI). In the past quarter, the stock posted a quick ratio of 2.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.79. Likewise, its price to free cash flow for the trailing twelve months is 24.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.10, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.62 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 1.19 million, which is a drop from its year-to-date volume of 1.37 million. As of the previous 9 days, the stock’s Stochastic %D was 21.71%. Additionally, its Average True Range was 0.62.
During the past 100 days, Element Solutions Inc’s (ESI) raw stochastic average was set at 73.49%, which indicates a significant increase from 30.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.61% in the past 14 days, which was lower than the 30.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.65, while its 200-day Moving Average is $25.37. However, in the short run, Element Solutions Inc’s stock first resistance to watch stands at $27.93. Second resistance stands at $28.15. The third major resistance level sits at $28.41. If the price goes on to break the first support level at $27.45, it is likely to go to the next support level at $27.19. Should the price break the second support level, the third support level stands at $26.97.
Element Solutions Inc (NYSE: ESI) Key Stats
There are currently 242,163K shares outstanding in the company with a market cap of 6.71 billion. Presently, the company’s annual sales total 2,333 M according to its annual income of 118,100 K. Last quarter, the company’s sales amounted to 645,000 K and its income totaled 40,300 K.
