Post-Trade Analysis: Element Solutions Inc (ESI) Slides -0.59, Closing at 26.92

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After finishing at $27.08 in the prior trading day, Element Solutions Inc (NYSE: ESI) closed at $26.92, down -0.59%. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 0.51 million shares were traded. ESI stock price reached its highest trading level at $27.3 during the session, while it also had its lowest trading level at $26.85.

Ratios:

Our goal is to gain a better understanding of ESI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.63. 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:

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.

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 6516362752 and an Enterprise Value of 8152057856. As of this moment, Element’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.82, and their Forward P/E ratio for the next fiscal year is 16.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.79 while its Price-to-Book (P/B) ratio in mrq is 2.80. Its current Enterprise Value per Revenue stands at 3.493 whereas that against EBITDA is 18.348.

Stock Price History:

The Beta on a monthly basis for ESI is 1.30, which has changed by 0.4582882 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, ESI has reached a high of $27.86, while it has fallen to a 52-week low of $17.57. The 50-Day Moving Average of the stock is 9.02%, while the 200-Day Moving Average is calculated to be 19.45%.

Shares Statistics:

The stock has traded on average 1.50M shares per day over the past 3-months and 1596740 shares per day over the last 10 days, according to various share statistics. A total of 241.53M shares are outstanding, with a floating share count of 221.90M. Insiders hold about 8.33% of the company’s shares, while institutions hold 93.05% stake in the company. Shares short for ESI as of 1718323200 were 5190153 with a Short Ratio of 3.46, compared to 1715731200 on 4035154. Therefore, it implies a Short% of Shares Outstanding of 5190153 and a Short% of Float of 2.32.

Dividends & Splits

In the trailing 12 months, ESI’s forward annual dividend rate was 0.32, compared to 0.32 this year. Against a Trailing Annual Dividend Yield of 0.011816839

Earnings Estimates

Element Solutions Inc (ESI) is currently under the scrutiny of 10.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $0.35 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.32, while EPS last year was $0.31. The consensus estimate for the next quarter is $0.39, with high estimates of $0.4 and low estimates of $0.37.

Analysts are recommending an EPS of between $1.46 and $1.39 for the fiscal current year, implying an average EPS of $1.42. EPS for the following year is $1.6, with 10.0 analysts recommending between $1.66 and $1.55.

Revenue Estimates

8 analysts predict $606.98M in revenue for the current quarter. It ranges from a high estimate of $622.48M to a low estimate of $590.9M. As of the current estimate, Element Solutions Inc’s year-ago sales were $586.1MFor the next quarter, 8 analysts are estimating revenue of $630.57M. There is a high estimate of $650.72M for the next quarter, whereas the lowest estimate is $617.2M.

A total of 10 analysts have provided revenue estimates for ESI’s current fiscal year. The highest revenue estimate was $2.49B, while the lowest revenue estimate was $2.38B, resulting in an average revenue estimate of $2.42B. In the same quarter a year ago, actual revenue was $2.33BBased on 10 analysts’ estimates, the company’s revenue will be $2.56B in the next fiscal year. The high estimate is $2.63B and the low estimate is $2.5B.

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