Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Element Solutions Inc (NYSE: ESI) closed the day trading at $27.87 down -2.11% from the previous closing price of $28.47. In other words, the price has decreased by -$2.11 from its previous closing price. On the day, 0.99 million shares were traded. ESI stock price reached its highest trading level at $28.57 during the session, while it also had its lowest trading level at $27.835.
Ratios:
For a better understanding of ESI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.87. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.78.
On October 14, 2024, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $33.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.
Goralski Michael sold 11,604 shares of ESI for $269,213 on Feb 13 ’24. The Former EVP, Head of I&S now owns 143,446 shares after completing the transaction at $23.20 per share. On Feb 15 ’24, another insider, Goralski Michael, who serves as the Former EVP, Head of I&S of the company, sold 1,169 shares for $23.20 each. As a result, the insider received 27,121 and left with 146,297 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 6749083136 and an Enterprise Value of 8322372608. As of this moment, Element’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.33, and their Forward P/E ratio for the next fiscal year is 17.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 2.77. Its current Enterprise Value per Revenue stands at 3.459 whereas that against EBITDA is 16.722.
Stock Price History:
Over the past 52 weeks, ESI has reached a high of $29.78, while it has fallen to a 52-week low of $20.31. The 50-Day Moving Average of the stock is 2.55%, while the 200-Day Moving Average is calculated to be 8.78%.
Shares Statistics:
Over the past 3-months, ESI traded about 1.35M shares per day on average, while over the past 10 days, ESI traded about 1390990 shares per day. A total of 242.13M shares are outstanding, with a floating share count of 222.00M. Insiders hold about 8.33% of the company’s shares, while institutions hold 91.70% stake in the company. Shares short for ESI as of 1731628800 were 1623602 with a Short Ratio of 1.21, compared to 1728950400 on 1650055. Therefore, it implies a Short% of Shares Outstanding of 1623602 and a Short% of Float of 0.73.
Dividends & Splits
ESI’s forward annual dividend rate is 0.40, up from 0.32 a year ago. Against a Trailing Annual Dividend Yield of 0.011239902
