What technical indicators reveal about ESI stock

While Element Solutions Inc has underperformed by -1.85%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ESI rose by 48.66%, with highs and lows ranging from $28.68 to $17.76, whereas the simple moving average jumped by 8.37% in the last 200 days.

On October 25, 2024, Wolfe Research Upgraded Element Solutions Inc (NYSE: ESI) to Outperform. A report published by Seaport Research Partners on October 14, 2024, Initiated its previous ‘Buy’ rating for ESI. BMO Capital Markets Initiated an Outperform rating on June 20, 2023, and assigned a price target of $23. Goldman initiated its ‘Neutral’ rating for ESI, as published in its report on October 13, 2022. Credit Suisse’s report from October 06, 2022 suggests a price prediction of $15 for ESI shares, giving the stock a ‘Underperform’ rating. Barclays also rated the stock as ‘Overweight’.

3 Tiny Stocks Primed to Explode

The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Analysis of Element Solutions Inc (ESI)

It’s important to note that ESI shareholders are currently getting $0.32 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 7.63%, showing a positive trend in the upcoming months.

Element Solutions Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 11.38% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.77, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

For any stock, average volume can be an extremely valuable indicator of volatility, and ESI is registering an average volume of 1.35M. On a monthly basis, the volatility of the stock is set at 2.83%, whereas on a weekly basis, it is put at 2.81%, with a gain of 0.44% over the past seven days. Furthermore, long-term investors anticipate a median target price of $31.90, showing growth from the present price of $27.10, which can serve as yet another indication of whether ESI is worth investing in or should be passed over.

How Do You Analyze Element Solutions Inc Shares?

A giant in the Specialty Chemicals market, Element Solutions Inc (ESI) is based in the USA. When comparing Element Solutions Inc shares with other companies under Basic Materials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 24.63, there is a growth in quarterly earnings of 226.12%.

Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 8.33%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 92.53% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

ESI shares are owned by institutional investors to the tune of 92.53% at present.

Related Posts