Element Solutions Inc (ESI) saw an uptrend of 2828784% in the recent trading with $2690000.0 being its most recent. The current price level -23.98% lower than the highest price of $29.78 marked by the stock while trading over the past 52-weeks, whereas it is 35.00% higher than the lowest price of $16.77 the company dropped to over past 52-weeks. The latest news story on ESI appeared in (Business Wire) under the title “Element Solutions Inc to Participate in Wolfe Research 2nd Annual Materials of the Future Conference” on Jun-12-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.18 for the stock.
Element Solutions Inc Earnings – What Happened With ESI
Coming around sales and income figures on ESI Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Element Solutions Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 242.50 million. ESI does have institutional investors; and they hold 96.89% of the stock.
As on 2024-06-30, FMR LLC was the top most holder in Element Solutions Inc (NYSE:ESI) with an ownership of 22.8 million shares of the company or 9.4192 of the stake worth $618.44 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 9.0223 of the outstanding shares. Its stake is worth $592.38 million for having 21.84 million shares in hand.
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. also came holding a key position in the company during the recent quarter and it now holds 5.0861 of the outstanding shares. With this there are now 488.0 institutions which have possession in ESI’s shares.
Key Metrics forESI
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Element Solutions Inc has a debt to equity ratio of 0.64.
Technical Analysis of Element Solutions Inc (NYSE:ESI) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Element Solutions Inc (ESI), we notice that the stock’s 20-day average volume is at 1,881,100 shares. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 2,309,856 shares. And to end, ESI’s 100-day average volume is 2,977,820 shares with 100% of the long-term indicators pointing towards Sell for the stock.
