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Tuesday, December 5, 2023

Value Investing Philosophy And Element Solutions Inc (NYSE: ESI)?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Element Solutions Inc (ESI) shows that investor sentiment remained same, with the stock’s consolidated last price to $18.96. The Element Solutions Inc has recorded 15,538 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that MacDermid Enthone Industrial Solutions Hosts Mexico Sustainability Summit.

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Stocks Info

As a NYSE listed company, ESI falls under the Basic Materials sector while operating within the Specialty Chemicals industry segment. At the end of the last regular session, the stock closed at $18.96 and fluctuated between $19.27 as its day high and $18.90 as its day low. The current market capitalization of Element Solutions Inc is $4.58B. A total of 0.71 million shares were traded on the day, compared to an average of 1.26M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, ESI has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 400,000 and the disposition of 404,174 shares. Over the last 12 months, there were 29 BUYs and 27 SELLs from insiders. Insiders purchased 1,757,434 shares during that period but sold 782,602.

In the most recent transaction, Maynard-Elliott Nichelle sold 4,174 shares of ESI for 19.61 per share on Sep 19. After the transaction, the Director now owns 24,789 company shares. In a previous transaction on Jun 07, Goralski Michael sold 28,000 shares at 19.07 per share. ESI shares that EVP, Head of I&S owns now total 131,808.

Among the insiders who sold shares, Gliklich Benjamin disposed of 8,469 shares on Jun 01 at a per-share price of $18.01. This resulted in the President and CEO holding 621,208 shares of ESI after the transaction. In another insider transaction, Dorman Carey J. sold 3,656 shares at $18.00 per share on Jun 01. Company shares held by the EVP, CFO now total 153,222.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Element Solutions Inc pays an annual dividend of $0.25, resulting in a dividend yield of 1.30%, and it has a price to earnings (P/E) ratio of 93.58. ESI’s most recent ex-dividend date was 8/31/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 5/31/2023. The ESI stock dividend was $0.08 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for ESI in the last 3 months, the mean price target is $23.33 with high estimates of $25.00 and low estimates of $21.00. In terms of 52-week highs and lows, ESI has a high of $21.90 and a low of $17.08.

As of this writing, ESI has an earnings estimate of $0.33 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.36 per share and a lower estimate of $0.32. The company reported an EPS of $0.3 in the last quarter, which was 3.40% higher than expectations of $0.29.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 $9.23, 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 4.40.

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