Seaport Res Ptn Issues Negative Estimate for ESI Earnings

Element Solutions Inc (NYSE:ESI - Free Report) - Analysts at Seaport Res Ptn reduced their Q1 2025 earnings estimates for shares of Element Solutions in a research note issued to investors on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now forecasts that the company will post earnings per share of $0.33 for the quarter, down from their previous estimate of $0.34. The consensus estimate for Element Solutions' current full-year earnings is $1.45 per share. Seaport Res Ptn also issued estimates for Element Solutions' Q2 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.34 EPS and FY2025 earnings at $1.42 EPS.

ESI has been the topic of a number of other research reports. Bank of America raised shares of Element Solutions from a "neutral" rating to a "buy" rating and decreased their target price for the stock from $29.00 to $24.00 in a report on Tuesday, April 15th. Truist Financial upgraded Element Solutions from a "hold" rating to a "buy" rating and lowered their price objective for the stock from $28.00 to $24.00 in a research report on Monday, April 14th. Barclays reduced their target price on Element Solutions from $30.00 to $27.00 and set an "overweight" rating for the company in a research report on Monday. KeyCorp dropped their price target on Element Solutions from $29.00 to $28.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. Finally, UBS Group cut their price objective on Element Solutions from $31.00 to $25.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Element Solutions presently has an average rating of "Moderate Buy" and a consensus price target of $27.00.

Element Solutions Price Performance

Shares of ESI traded down $0.28 during midday trading on Wednesday, hitting $19.92. 559,802 shares of the company traded hands, compared to its average volume of 1,923,664. Element Solutions has a one year low of $16.77 and a one year high of $29.78. The firm has a market cap of $4.83 billion, a P/E ratio of 19.53, a PEG ratio of 2.30 and a beta of 1.28. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.34 and a quick ratio of 2.77. The stock has a 50-day moving average of $22.84 and a 200-day moving average of $25.28.

Element Solutions (NYSE:ESI - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.01. Element Solutions had a return on equity of 14.68% and a net margin of 9.94%. The company had revenue of $593.70 million during the quarter, compared to analysts' expectations of $576.73 million. During the same period in the previous year, the business earned $0.34 earnings per share. The firm's quarterly revenue was up 3.3% compared to the same quarter last year.

Hedge Funds Weigh In On Element Solutions

Institutional investors and hedge funds have recently modified their holdings of the stock. TD Private Client Wealth LLC purchased a new position in Element Solutions in the fourth quarter worth about $27,000. Park Square Financial Group LLC bought a new stake in shares of Element Solutions in the 4th quarter worth $28,000. First Horizon Advisors Inc. raised its stake in shares of Element Solutions by 610.7% in the fourth quarter. First Horizon Advisors Inc. now owns 1,130 shares of the company's stock worth $29,000 after purchasing an additional 971 shares during the last quarter. Trust Co. of Vermont bought a new position in shares of Element Solutions during the fourth quarter valued at $43,000. Finally, Parkside Financial Bank & Trust bought a new stake in Element Solutions in the 4th quarter worth about $48,000. 92.32% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Element Solutions

In other Element Solutions news, Director Martin E. Franklin sold 2,000,000 shares of Element Solutions stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $26.10, for a total transaction of $52,200,000.00. Following the completion of the transaction, the director now owns 109,100 shares in the company, valued at approximately $2,847,510. The trade was a 94.83 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 7.90% of the company's stock.

Element Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 1.61%. Element Solutions's dividend payout ratio (DPR) is 26.89%.

About Element Solutions

Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products.