Q4 EPS Estimate for Element Solutions Reduced by Analyst

Element Solutions Inc (NYSE:ESI) – Seaport Res Ptn cut their Q4 2024 earnings estimates for Element Solutions in a research report issued on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now anticipates that the company will post earnings of $0.35 per share for the quarter, down from their previous forecast of $0.36. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Element Solutions’ current full-year earnings is $1.45 per share. Seaport Res Ptn also issued estimates for Element Solutions’ Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.37 EPS and FY2026 earnings at $1.70 EPS.

A number of other research firms have also recently commented on ESI. Bank of America reissued a “neutral” rating and set a $28.00 target price (down from $32.00) on shares of Element Solutions in a research report on Tuesday, January 14th. Wolfe Research raised shares of Element Solutions from a “peer perform” rating to an “outperform” rating in a research report on Friday, October 25th. BMO Capital Markets boosted their target price on shares of Element Solutions from $32.00 to $34.00 and gave the stock an “outperform” rating in a research report on Monday, December 16th. Barclays boosted their target price on shares of Element Solutions from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Finally, StockNews.com cut shares of Element Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.83.

Element Solutions Trading Down 0.4 %

NYSE ESI opened at $26.08 on Thursday. The company’s fifty day simple moving average is $26.65 and its 200-day simple moving average is $26.48. Element Solutions has a 52 week low of $21.42 and a 52 week high of $29.78. The company has a current ratio of 3.52, a quick ratio of 2.77 and a debt-to-equity ratio of 0.78. The stock has a market cap of $6.32 billion, a P/E ratio of 23.49, a PEG ratio of 2.12 and a beta of 1.30.

Element Solutions (NYSE:ESI) last released its quarterly earnings data on Monday, October 28th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.01. Element Solutions had a net margin of 11.08% and a return on equity of 14.42%. The company had revenue of $645.00 million during the quarter, compared to the consensus estimate of $626.52 million. During the same period in the previous year, the firm earned $0.36 earnings per share. Element Solutions’s revenue for the quarter was up 7.6% on a year-over-year basis.

Institutional Trading of Element Solutions

A number of institutional investors and hedge funds have recently modified their holdings of the business. Jennison Associates LLC raised its holdings in shares of Element Solutions by 63.3% during the fourth quarter. Jennison Associates LLC now owns 1,316,244 shares of the company’s stock worth $33,472,000 after purchasing an additional 510,332 shares during the period. Richardson Financial Services Inc. raised its holdings in shares of Element Solutions by 77.5% during the fourth quarter. Richardson Financial Services Inc. now owns 2,086 shares of the company’s stock worth $53,000 after purchasing an additional 911 shares during the period. R Squared Ltd acquired a new stake in shares of Element Solutions during the fourth quarter worth $122,000. YHB Investment Advisors Inc. raised its holdings in shares of Element Solutions by 23.0% during the fourth quarter. YHB Investment Advisors Inc. now owns 9,890 shares of the company’s stock worth $252,000 after purchasing an additional 1,852 shares during the period. Finally, KBC Group NV raised its holdings in shares of Element Solutions by 39.7% during the fourth quarter. KBC Group NV now owns 9,638 shares of the company’s stock worth $245,000 after purchasing an additional 2,737 shares during the period. 92.32% of the stock is owned by institutional investors and hedge funds.

Element Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors 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 annualized dividend and a yield of 1.23%. Element Solutions’s dividend payout ratio is presently 28.83%.

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.