Element Solutions Inc (NYSE: ESI) is 4.48% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ESI stock was last observed hovering at around $26.10 in the last trading session, with the day’s gains setting it 0.47%.
Currently trading at $26.57, the stock is 2.84% and 3.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.58 million and changing 1.80% at the moment leaves the stock 1.16% off its SMA200. ESI registered 8.85% gain for a year compared to 6-month gain of 5.02%. The firm has a 50-day simple moving average (SMA 50) of $25.703 and a 200-day simple moving average (SMA200) of $26.26465.
The stock witnessed a 1.84% loss in the last 1 month and extending the period to 3 months gives it a -3.38%, and is 5.44% up 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 3.47% over the week and 3.10% over the month.
Element Solutions Inc (ESI) has around 5300 employees, a market worth around $6.44B and $2.46B in sales. Current P/E ratio is 26.39 and Fwd P/E is 15.96. Profit margin for the company is 9.94%. Distance from 52-week low is 15.02% and -10.78% 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
496.0 institutions hold shares in Element Solutions Inc (ESI), with institutional investors hold 100.57% of the company’s shares. The shares outstanding are 242.20M, and float is at 222.18M with Short Float at 0.71%. Institutions hold 92.70% of the Float.
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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