Financial Metrics Unveiled: Element Solutions Inc (ESI)’s Key Ratios in the Spotlight

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The price of Element Solutions Inc (NYSE: ESI) closed at $23.78 in the last session, up 0.38% from day before closing price of $23.69. In other words, the price has increased by $0.38 from its previous closing price. On the day, 2.04 million shares were traded. ESI stock price reached its highest trading level at $24.005 during the session, while it also had its lowest trading level at $23.675.

Ratios:

We take a closer look at ESI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.87. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 3.63. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.83.

On June 20, 2023, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $23.

On October 13, 2022, Goldman started tracking the stock assigning a Neutral rating and target price of $20.Goldman initiated its Neutral rating on October 13, 2022, with a $20 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 28 ’24 when Fricke Richard L. sold 9,500 shares for $23.40 per share. The transaction valued at 222,300 led to the insider holds 36,229 shares of the business.

Gliklich Benjamin sold 6,579 shares of ESI for $152,633 on Feb 15 ’24. The President and CEO now owns 726,399 shares after completing the transaction at $23.20 per share. On Feb 15 ’24, another insider, D’Ambrisi Joseph J., who serves as the EVP Head of Electronics of the company, sold 1,771 shares for $23.20 each. As a result, the insider received 41,087 and left with 410,077 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ESI now has a Market Capitalization of 5756281856 and an Enterprise Value of 7391977472. As of this moment, Element’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.89, and their Forward P/E ratio for the next fiscal year is 15.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 3.167 whereas that against EBITDA is 16.637.

Stock Price History:

The Beta on a monthly basis for ESI is 1.29, which has changed by 0.27987087 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, ESI has reached a high of $25.81, while it has fallen to a 52-week low of $17.53. The 50-Day Moving Average of the stock is -1.85%, while the 200-Day Moving Average is calculated to be 9.54%.

Shares Statistics:

According to the various share statistics, ESI traded on average about 1.34M shares per day over the past 3-months and 1253690 shares per day over the past 10 days. A total of 241.53M shares are outstanding, with a floating share count of 221.93M. Insiders hold about 8.32% of the company’s shares, while institutions hold 91.38% stake in the company. Shares short for ESI as of 1714435200 were 3269044 with a Short Ratio of 2.43, compared to 1711584000 on 3583316. Therefore, it implies a Short% of Shares Outstanding of 3269044 and a Short% of Float of 1.46.

Dividends & Splits

The forward annual dividend rate for ESI is 0.32, which was 0.32 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.013507809

Earnings Estimates

A detailed examination of Element Solutions Inc (ESI) is currently in progress, with 10.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.33 and a low estimate of $0.32, while EPS last year was $0.31. The consensus estimate for the next quarter is $0.38, with high estimates of $0.4 and low estimates of $0.36.

Analysts are recommending an EPS of between $1.41 and $1.37 for the fiscal current year, implying an average EPS of $1.39. EPS for the following year is $1.56, with 10.0 analysts recommending between $1.6 and $1.53.

Revenue Estimates

According to 8 analysts, the current quarter’s revenue is expected to be $597.63M. It ranges from a high estimate of $614.42M to a low estimate of $579.8M. As of the current estimate, Element Solutions Inc’s year-ago sales were $586.1MFor the next quarter, 8 analysts are estimating revenue of $629.36M. There is a high estimate of $646.9M for the next quarter, whereas the lowest estimate is $611.8M.

A total of 9 analysts have provided revenue estimates for ESI’s current fiscal year. The highest revenue estimate was $2.48B, while the lowest revenue estimate was $2.36B, resulting in an average revenue estimate of $2.41B. In the same quarter a year ago, actual revenue was $2.33BBased on 9 analysts’ estimates, the company’s revenue will be $2.54B in the next fiscal year. The high estimate is $2.6B and the low estimate is $2.47B.

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