Element Solutions Inc (NYSE: ESI) is -0.90% lower on its value in year-to-date trading and has touched a low of $23.10 and a high of $29.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ESI stock was last observed hovering at around $24.85 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $25.20, the stock is -2.63% and -1.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.44 million and changing 1.41% at the moment leaves the stock -3.90% off its SMA200. ESI registered 6.33% gain for a year compared to 6-month loss of -2.59%.
The stock witnessed a -1.72% gain in the last 1 month and extending the period to 3 months gives it a -9.39%, and is -0.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.48% over the week and 2.78% over the month.
Element Solutions Inc (ESI) has around 5300 employees, a market worth around $6.11B and $2.46B in sales. Current P/E ratio is 25.03 and Fwd P/E is 15.14. Profit margin for the company is 9.94%. Distance from 52-week low is 9.09% and -15.38% from its 52-week high. The company has generated returns on investments over the last 12 months (5.73%).
with sales reaching $574.2M over the same period.The EPS is expected to shrink by -0.00% this year, but quarterly earnings will post -1.07% year-over-year. Quarterly sales are estimated to shrink -0.14% in year-over-year returns.
Element Solutions Inc (ESI) Top Institutional Holders
The shares outstanding are 242.20M, and float is at 222.15M with Short Float at 0.77%.
The top institutional shareholder in the company is FMR LLC with over 22.8 million shares valued at $618.44 million. The investor’s holdings represent 9.4309% of the ESI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.84 million shares valued at $592.38 million to account for 9.0335 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 12.31 million shares representing 5.0861% and valued at over $333.94 million, while DIMENSIONAL FUND ADVISORS LP holds 4.742 of the shares totaling 11.47 million with a market value of $310.96 million.
Element Solutions Inc (ESI) Insider Activity
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