On Tuesday, Element Solutions Inc (NYSE: ESI) was -2.32% drop from the session before settling in for the closing price of $29.33. A 52-week range for ESI has been $20.31 – $29.78.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 4.36%. When this article was written, the company’s average yearly earnings per share was at 11.42%. With a float of $222.00 million, this company’s outstanding shares have now reached $241.53 million.
Considering the fact that the conglomerate employs 5300 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
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 8.33%, while institutional ownership is 91.70%. 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) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.32 earnings per share (EPS) during the time that was less than consensus figure (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
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 2.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.88. Likewise, its price to free cash flow for the trailing twelve months is 25.56.
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)
Compared to the last year’s volume of 1.37 million, its volume of 1.58 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.37%. Additionally, its Average True Range was 0.65.
During the past 100 days, Element Solutions Inc’s (ESI) raw stochastic average was set at 81.44%, which indicates a significant increase from 52.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.72% in the past 14 days, which was lower than the 31.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.96, while its 200-day Moving Average is $25.52. Nevertheless, the first resistance level for the watch stands at $29.18 in the near term. At $29.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.00. If the price goes on to break the first support level at $28.37, it is likely to go to the next support level at $28.09. Now, if the price goes above the second support level, the third support stands at $27.55.
Element Solutions Inc (NYSE: ESI) Key Stats
There are 242,163K outstanding shares of the company, which has a market capitalization of 6.94 billion. As of now, sales total 2,333 M while income totals 118,100 K. Its latest quarter income was 645,000 K while its last quarter net income were 40,300 K.
