Element Solutions (ESI) Scheduled to Post Earnings on Monday

Element Solutions (NYSE:ESI) will be issuing its quarterly earnings data after the market closes on Monday, October 28th. Analysts expect the company to announce earnings of $0.39 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Element Solutions (NYSE:ESI) last announced its quarterly earnings data on Monday, July 29th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Element Solutions had a return on equity of 14.42% and a net margin of 8.24%. The business had revenue of $613.00 million during the quarter, compared to the consensus estimate of $606.95 million. During the same period in the previous year, the company posted $0.31 earnings per share. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. On average, analysts expect Element Solutions to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Element Solutions Stock Down 0.0 %

ESI stock opened at $26.97 on Friday. The company’s 50 day moving average price is $25.91 and its 200 day moving average price is $25.53. The firm has a market capitalization of $6.53 billion, a price-to-earnings ratio of 49.94, a PEG ratio of 1.40 and a beta of 1.29. Element Solutions has a fifty-two week low of $17.76 and a fifty-two week high of $28.68. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.60 and a current ratio of 3.50.

Element Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.19%. Element Solutions’s payout ratio is 59.26%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Seaport Res Ptn raised Element Solutions to a “strong-buy” rating in a report on Monday, October 14th. Wolfe Research raised Element Solutions from a “peer perform” rating to an “outperform” rating in a research report on Friday. Finally, StockNews.com downgraded Element Solutions from a “buy” rating to a “hold” rating in a report on Thursday. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.40.

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.