Element Solutions (ESI) Stock Price, News & Analysis

Company Overview

Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products. This segment also supplies surface mount technologies, fluxes, thermal management material, coatings, and other attachment materials; chemical formulations to the electronics industry; and advanced copper interconnects, die attachment, sintered silver material, adhesives, wafer bump processes, and photomask technologies for semiconductor industry. It primarily serves mobile communications, computers, automobiles, and aerospace equipment industries. The Industrial & Specialty segment provides industrial solutions, which include chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids for offshore energy production applications. It serves aerospace, automotive, construction, consumer electronics, consumer packaged goods, and oil and gas production end markets. The company was formerly known as Platform Specialty Products Corporation and changed its name to Element Solutions Inc in January 2019. Element Solutions Inc was founded in 1785 and is headquartered in Fort Lauderdale, Florida.

Key Stats

• Today's Range: $27.39 to $27.90
• 50-Day Range: $24.64 to $28.93
• 52-Week Range: $20.31 to $29.16
• Volume: 1.90 million shs
• Average Volume: 1.75 million shs
• Market Capitalization: $6.71 billion
• P/E Ratio: 24.96
• Dividend Yield: 1.15%
• Price Target: $31.00
• Consensus Rating: Buy

Element Solutions Stock Analysis - MarketRank™

Element Solutions scored higher than 86% of companies evaluated by MarketBeat, and ranked 46th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Element Solutions has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Element Solutions has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.11%

Earnings Growth

Earnings for Element Solutions are expected to grow by 11.11% in the coming year, from $1.44 to $1.60 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Element Solutions is 24.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Element Solutions is 24.96, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 111.95.

Price to Earnings Growth Ratio

Element Solutions has a PEG Ratio of 1.53. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Element Solutions has a P/B Ratio of 2.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.77% of the float of Element Solutions has been sold short.

Short Interest Ratio / Days to Cover

Element Solutions has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Element Solutions has recently increased by 4.24%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Element Solutions pays a meaningful dividend of 1.15%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Element Solutions does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Element Solutions is 28.83%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Element Solutions will have a dividend payout ratio of 20.00% next year. This indicates that Element Solutions will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.7 / 5
• Environmental Score: -3.64

Percentage of Shares Shorted

0.77% of the float of Element Solutions has been sold short.

Short Interest Ratio / Days to Cover

Element Solutions has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Element Solutions has recently increased by 4.24%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.10

News Sentiment

Element Solutions has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Element Solutions this week, compared to 5 articles on an average week.

Search Interest

Only 6 people have searched for ESI on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.

MarketBeat Follows

4 people have added Element Solutions to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Element Solutions insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.90% of the stock of Element Solutions is held by insiders.

Percentage Held by Institutions

92.32% of the stock of Element Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ESI Stock Analysis - Frequently Asked Questions

How have ESI shares performed this year?

Element Solutions' stock was trading at $23.14 on January 1st, 2024. Since then, ESI shares have increased by 19.7% and is now trading at $27.71.
View the best growth stocks for 2024 here.

How were Element Solutions' earnings last quarter?

Element Solutions Inc (NYSE:ESI) released its quarterly earnings data on Monday, October, 28th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.01. The firm's quarterly revenue was up 7.6% on a year-over-year basis.

Who are Element Solutions' major shareholders?

Top institutional investors of Element Solutions include FMR LLC (7.88%), Wellington Management Group LLP (2.75%), Vaughan Nelson Investment Management L.P. (2.06%) and State Street Corp (1.78%). Insiders that own company stock include Martin E Franklin, Benjamin Gliklich, Carey J Dorman, Michael Goralski, Michael Goralski and Nichelle Maynard-Elliott.
View institutional ownership trends.

How do I buy shares of Element Solutions?

Shares of ESI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Element Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Element Solutions investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Broadcom (AVGO), Meta Platforms (META), Netflix (NFLX), PayPal (PYPL) and Adobe (ADBE).

Company Calendar

• Ex-Dividend for 9/13 Dividend: 8/30/2024
• Dividend Payable: 9/13/2024
• Last Earnings: 10/28/2024
• Today: 11/21/2024
• Ex-Dividend for 12/16 Dividend: 12/02/2024
• Dividend Payable: 12/16/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/18/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Miscellaneous chemical products
• Sub-Industry: Chemicals
• Current Symbol: NYSE:ESI
• CUSIP: 45068B109
• CIK: 922475
• Web: www.elementsolutionsinc.com
• Phone: (561) 207-9600
• Fax: 203-575-7970
• Employees: 5,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.00
• High Stock Price Target: $33.00
• Low Stock Price Target: $29.00
• Potential Upside/Downside: +11.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.11
• Trailing P/E Ratio: 24.96
• Forward P/E Ratio: 19.24
• P/E Growth: 1.55
• Net Income: $118.10 million
• Net Margins: 11.08%
• Pretax Margin: 10.74%
• Return on Equity: 14.42%
• Return on Assets: 6.88%

Debt

• Debt-to-Equity Ratio: 0.78
• Current Ratio: 3.52
• Quick Ratio: 2.77

Sales & Book Value

• Annual Sales: $2.33 billion
• Price / Sales: 2.88
• Cash Flow: $2.29 per share
• Price / Cash Flow: 12.10
• Book Value: $9.71 per share
• Price / Book: 2.85

Miscellaneous

• Outstanding Shares: 242,160,000
• Free Float: 223,032,000
• Market Cap: $6.71 billion
• Optionable: Optionable
• Beta: 1.29