On Tuesday, Element Solutions Inc (NYSE: ESI) was 1.11% up from the session before settling in for the closing price of $25.20. A 52-week range for ESI has been $23.10 – $29.78.
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Annual sales at Basic Materials sector company grew by 6.70% over the past five years. When this article was written, the company’s average yearly earnings per share was at -0.00%. With a float of $222.15 million, this company’s outstanding shares have now reached $242.20 million.
Let’s look at the performance matrix of the company that is accounted for 5300 employees. In terms of profitability, gross margin is 42.15%, operating margin of 14.27%, and the pretax margin is 11.71%.
Element Solutions Inc (ESI) Insider and Institutional Ownership
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 8.37%, while institutional ownership is 90.79%.
Element Solutions Inc (ESI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -0.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.09% during the next five years compared to 23.87% growth over the previous five years of trading.
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 2.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.51. Likewise, its price to free cash flow for the trailing twelve months is 20.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.01, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.66 in one year’s time.
Technical Analysis of Element Solutions Inc (ESI)
Element Solutions Inc (NYSE: ESI) saw its 5-day average volume 4.26 million, a positive change from its year-to-date volume of 1.76 million. As of the previous 9 days, the stock’s Stochastic %D was 42.72%. Additionally, its Average True Range was 0.76.
During the past 100 days, Element Solutions Inc’s (ESI) raw stochastic average was set at 22.94%, which indicates a significant decrease from 38.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.67% in the past 14 days, which was lower than the 27.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.69, while its 200-day Moving Average is $26.23. Nevertheless, the first resistance level for the watch stands at $25.97 in the near term. At $26.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.06. If the price goes on to break the first support level at $24.88, it is likely to go to the next support level at $24.28. The third support level lies at $23.79 if the price breaches the second support level.
Element Solutions Inc (NYSE: ESI) Key Stats
There are 242,452K outstanding shares of the company, which has a market capitalization of 6.18 billion. As of now, sales total 2,457 M while income totals 244,200 K. Its latest quarter income was 624,200 K while its last quarter net income were 54,700 K.