NYSE:ESIElement Solutions Stock Price, Forecast & News

Element Solutions' stock was trading at $8.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ESI stock has increased by 40.0% and is now trading at $11.75. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Element Solutions in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Element Solutions.

Element Solutions is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Element Solutions.

Element Solutions Inc (NYSE:ESI) issued its quarterly earnings results on Thursday, April, 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.05. The firm had revenue of $452.60 million for the quarter, compared to the consensus estimate of $436.38 million. Element Solutions had a return on equity of 9.44% and a net margin of 4.24%. The company's quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.20 earnings per share. View Element Solutions' earnings history.

Element Solutions updated its FY 2020 Pre-Market earnings guidance on Monday, March, 9th. The company provided earnings per share (EPS) guidance of 0.93-0.97 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.94.

7 brokerages have issued 1-year price objectives for Element Solutions' stock. Their forecasts range from $5.00 to $14.00. On average, they expect Element Solutions' stock price to reach $10.57 in the next twelve months. This suggests that the stock has a possible downside of 10.0%. View analysts' price targets for Element Solutions.

News coverage about ESI stock has trended positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Element Solutions earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutElement Solutions.

Element Solutions saw a decrease in short interest in May. As of May 15th, there was short interest totaling 7,540,000 shares, a decrease of 11.2% from the April 30th total of 8,490,000 shares. Based on an average daily trading volume, of 2,570,000 shares, the short-interest ratio is currently 2.9 days. Currently, 3.7% of the shares of the company are sold short. View Element Solutions' Current Options Chain.

Some companies that are related to Element Solutions include WD-40 (WDFC), Cabot (CBT), Orion Engineered Carbons (OEC), Pure Bioscience (PURE), Advanced Emissions Solutions (ADES), Flotek Industries (FTK), HighCom Global Security (HCGS), Artemis Therapeutics (ATMS), GlyEco (GLYE) and Ener-Core (ENCR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Element Solutions investors own include Ring Energy (REI), Ring Energy (REI), Energy Transfer LP Unit (ET), Ford Motor (F), Freeport-McMoRan (FCX), FireEye (FEYE), Glu Mobile (GLUU), General Motors (GM), Harley-Davidson (HOG) and Pan American Silver (PAAS).

Element Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "ESI."

Element Solutions' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.76%), Vaughan Nelson Investment Management L.P. (2.93%), Massachusetts Financial Services Co. MA (2.25%), Invesco Ltd. (2.21%), Nomura Holdings Inc. (1.59%) and Wellington Management Group LLP (1.42%). Company insiders that own Element Solutions stock include Benjamin Gliklich, Carey J Dorman, Pershing Square Capital Manage, Rakesh Sachdev and Scot Benson. View institutional ownership trends for Element Solutions.

ESI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Nomura Holdings Inc., Balyasny Asset Management LLC, Mic Capital Partners Public US IM LLC, Locust Wood Capital Advisers LLC, Squarepoint Ops LLC, Bank of New York Mellon Corp, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Element Solutions.

ESI stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Wellington Management Group LLP, Massachusetts Financial Services Co. MA, Thrivent Financial for Lutherans, Waddell & Reed Financial Inc., Advisory Research Inc., BlackRock Inc., and New South Capital Management Inc.. Company insiders that have bought Element Solutions stock in the last two years include Benjamin Gliklich, Carey J Dorman, and Scot Benson. View insider buying and selling activity for Element Solutions.

Shares of ESI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ESI stock can currently be purchased for approximately $11.75.

Element Solutions has a market capitalization of $2.92 billion and generates $1.84 billion in revenue each year. The company earns $92.20 million in net income (profit) each year or $0.88 on an earnings per share basis. Element Solutions employs 4,400 workers across the globe.

The official website for Element Solutions is www.elementsolutionsinc.com.

Element Solutions' mailing address is 500 EAST BROWARD BOULEVARD SUITE 1860, FORT LAUDERDALE FL, 33394. The company can be reached via phone at 561-207-9600.