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Saturday, June 3, 2023

Is Element Solutions Inc (NYSE: ESI) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Element Solutions Inc (ESI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.30, or -1.70%, to $17.34. The Element Solutions Inc has recorded 635,845 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Element Solutions Inc Announces 2023 First Quarter Financial Results.

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Stocks Info

This NYSE-listed company operates within the Specialty Chemicals industry segment, falling under the Basic Materials sector. At the end of the last regular session, the stock closed at $17.64 and fluctuated between $17.87 as its day high and $17.58 as its day low. The current market capitalization of Element Solutions Inc is $4.29B. A total of 1.26 million shares were traded on the day, compared to an average of 1.18M shares.

In the most recent transaction, FRANKLIN MARTIN E bought 135,000 shares of ESI for 18.90 per share on Nov 18. After the transaction, the Director now owns 1,037,000 company shares. In a previous transaction on Nov 15, FRANKLIN MARTIN E bought 350,000 shares at 19.14 per share. ESI shares that Director owns now total 902,000.

Among the insiders who bought shares, FRANKLIN MARTIN E acquired of 250,000 shares on Nov 14 at a per-share price of $19.11. This resulted in the Director holding 552,000 shares of ESI after the transaction. In another insider transaction, FRANKLIN MARTIN E bought 302,000 shares at $18.96 per share on Nov 11. Company shares held by the Director now total 302,000.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Element Solutions Inc pays an annual dividend of $0.32, resulting in a dividend yield of 1.81%, and it has a price to earnings (P/E) ratio of 25.09. ESI’s most recent ex-dividend date was 2/28/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 3/15/2023. Previously, the company paid the dividend on 12/15/2022 with an ex-dividend date of 11/30/2022. The ESI stock dividend was $0.08 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for ESI in the last 3 months, the mean price target is $21.95 with high estimates of $25.00 and low estimates of $17.00. In terms of 52-week highs and lows, ESI has a high of $22.14 and a low of $15.31.

As of this writing, ESI has an earnings estimate of $0.32 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.33 per share and a lower estimate of $0.31. The company reported an EPS of $0.29 in the last quarter, which was 3.60% higher than expectations of $0.28.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ESI’s latest balance sheet shows that the firm has $330.10M in Cash & Short Term Investments as of fiscal 2021. There were $1.91B in debt and $415.20M in liabilities at the time. Its Book Value Per Share was $9.77, while its Total Shareholder’s Equity was $2.50B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ESI is Buy with a score of 4.14.

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