Element Solutions (ESI) to Release Quarterly Earnings on Tuesday

Element Solutions (NYSE:ESI) will likely be posting its quarterly earnings results after the market closes on Tuesday, February 18th. Analysts expect Element Solutions to post earnings of $0.35 per share and revenue of $598.24 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Element Solutions Stock Performance

NYSE ESI opened at $25.34 on Tuesday. The stock has a market capitalization of $6.14 billion, a PE ratio of 22.83, a P/E/G ratio of 2.17 and a beta of 1.30. Element Solutions has a 1-year low of $21.42 and a 1-year high of $29.78. The business has a 50 day simple moving average of $26.05 and a two-hundred day simple moving average of $26.33. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.52 and a quick ratio of 2.77.

Element Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.26%. Element Solutions’s dividend payout ratio (DPR) is presently 28.83%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ESI shares. Wolfe Research raised Element Solutions from a “peer perform” rating to an “outperform” rating in a research report on Friday, October 25th. Truist Financial initiated coverage on shares of Element Solutions in a research report on Tuesday, January 28th. They set a “hold” rating and a $28.00 price objective on the stock. Bank of America restated a “neutral” rating and issued a $28.00 target price (down previously from $32.00) on shares of Element Solutions in a report on Tuesday, January 14th. Barclays cut their price target on shares of Element Solutions from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. Finally, Seaport Res Ptn raised shares of Element Solutions to a “strong-buy” rating in a research note on Monday, October 14th. Four research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.14.

Element Solutions Company Profile

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.