For Element Solutions Inc [ESI], Analyst sees a rise to $19. What next?

Element Solutions Inc [NYSE: ESI] gained 7.20% on the last trading session, reaching $15.94 price per share at the time. The company report on December 9, 2020 that Element Solutions Inc Increases 2020 Financial Guidance.

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Persisting strength in high-end electronics and industrial end-markets.

Full year 2020 adjusted EBITDA expected to be approximately $415 million; increasing fourth quarter 2020 adjusted EBITDA expectation to approximately $118 million from between $90 million and $95 million.

Element Solutions Inc represents 248.90 million in outstanding shares, while the company has a total market value of $3.92 billion with the latest information. ESI stock price has been found in the range of $15.18 to $16.67.

If compared to the average trading volume of 1.67M shares, ESI reached a trading volume of 4300538 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Element Solutions Inc [ESI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ESI shares is $15.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ESI stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Loop Capital have made an estimate for Element Solutions Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 13, 2020. The new note on the price target was released on April 20, 2020, representing the official price target for Element Solutions Inc stock.

The Average True Range (ATR) for Element Solutions Inc is set at 0.52, with the Price to Sales ratio for ESI stock in the period of the last 12 months amounting to 2.22. The Price to Book ratio for the last quarter was 1.77, with the Price to Cash per share for the same quarter was set at 1.01. Price to Free Cash Flow for ESI in the course of the last twelve months was 18.04 with Quick ratio for the last quarter at 2.40.

Trading performance analysis for ESI stock

Element Solutions Inc [ESI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.69. With this latest performance, ESI shares gained by 30.55% in over the last four-week period, additionally plugging by 54.61% over the last 6 months – not to mention a rise of 47.59% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ESI stock in for the last two-week period is set at 80.63, with the RSI for the last a single of trading hit 86.79, and the three-weeks RSI is set at 76.88 for Element Solutions Inc [ESI]. The present Moving Average for the last 50 days of trading for this stock 12.71, while it was recorded at 15.03 for the last single week of trading, and 10.82 for the last 200 days.

Element Solutions Inc [ESI]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Element Solutions Inc [ESI] shares currently have an operating margin of +14.34 and a Gross Margin at +42.94. Element Solutions Inc’s Net Margin is presently recorded at +4.30.

Return on Total Capital for ESI is now 4.63, given the latest momentum, and Return on Invested Capital for the company is 1.40. Return on Equity for this stock inclined to 3.64, with Return on Assets sitting at 1.15. When it comes to the capital structure of this company, Element Solutions Inc [ESI] has a Total Debt to Total Equity ratio set at 71.30. Additionally, ESI Total Debt to Total Capital is recorded at 41.62, with Total Debt to Total Assets ending up at 36.62. Long-Term Debt to Equity for the company is recorded at 70.22, with the Long-Term Debt to Total Capital now at 40.99.

Reflecting on the efficiency of the workforce at the company, Element Solutions Inc [ESI] managed to generate an average of $17,932 per employee. Receivables Turnover for the company is 4.92 with a Total Asset Turnover recorded at a value of 0.27.Element Solutions Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.40 and a Current Ratio set at 3.10.

Element Solutions Inc [ESI]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Element Solutions Inc posted 0.22/share EPS, while the average EPS was predicted by analysts to be reported at 0.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 10.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ESI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Element Solutions Inc go to 7.25%.

An analysis of insider ownership at Element Solutions Inc [ESI]

There are presently around $3,678 million, or 95.20% of ESI stock, in the hands of institutional investors. The top three institutional holders of ESI stocks are: VANGUARD GROUP INC with ownership of 24,255,526, which is approximately -5.937% of the company’s market cap and around 0.30% of the total institutional ownership; DIMENSIONAL FUND ADVISORS LP, holding 17,821,309 shares of the stock with an approximate value of $284.07 million in ESI stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $280.87 million in ESI stock with ownership of nearly 24.103% of the company’s market capitalization.

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Positions in Element Solutions Inc stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 105 institutional holders increased their position in Element Solutions Inc [NYSE:ESI] by around 23,756,394 shares. Additionally, 96 investors decreased positions by around 19,378,887 shares, while 30 investors held positions by with 187,597,533 shares. The mentioned changes placed institutional holdings at 230,732,814 shares, according to the latest SEC report filing. ESI stock had 33 new institutional investments in for a total of 2,502,836 shares, while 21 institutional investors sold positions of 1,245,036 shares during the same period.

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