3 days Ago By ABMN Staff
Element Solutions ( NYSE:ESI – Get Free Report ) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday. Several other equities analysts have also recently weighed in on ESI.
Mizuho increased their price objective on shares of Element Solutions from $28.00 to $29.00 and gave the stock a “buy” rating in a research note on Wednesday, June 12th.
UBS Group upped their price target on Element Solutions from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Monday, June 24th.
The Goldman Sachs Group raised their price objective on Element Solutions from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, June 27th.
Finally, BMO Capital Markets restated an “outperform” rating and set a $30.00 price target (up previously from $28.00) on shares of Element Solutions in a report on Wednesday, June 12th.
Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Element Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $29.40.
Check Out Our Latest Stock Analysis on Element Solutions Element Solutions Price Performance Element Solutions ( NYSE:ESI – Get Free Report ) last issued its quarterly earnings results on Monday, July 29th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.
35 by $0.01. Element Solutions had a net margin of 8.
24% and a return on equity of 14.42%. The company had revenue of $613.
00 million during the quarter, compared to analysts’ expectations of $606.95 million. During the same period last year, the company posted $0.
31 EPS. Element Solutions’s revenue was up 4.6% on a year-over-year basis.
Research analysts predict that Element Solutions will post 1.45 earnings per share for the current fiscal year. Institutional Investors Weigh In On Element Solutions A number of institutional investors and hedge funds have recently modified their holdings of ESI.
Signaturefd LLC boosted its stake in shares of Element Solutions by 13.8% during the second quarter. Signaturefd LLC now owns 3,683 shares of the company’s stock valued at $100,000 after purchasing an additional 448 shares during the period.
Avantax Advisory Services Inc. boosted its holdings in shares of Element Solutions by 4.0% in the fourth quarter.
Avantax Advisory Services Inc. now owns 15,721 shares of the company’s stock valued at $364,000 after purchasing an additional 598 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Element Solutions by 51.
9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,002 shares of the company’s stock worth $46,000 after purchasing an additional 684 shares during the period. QRG Capital Management Inc.
lifted its holdings in shares of Element Solutions by 7.5% in the 2nd quarter. QRG Capital Management Inc.
now owns 11,389 shares of the company’s stock worth $309,000 after buying an additional 798 shares during the period. Finally, Treasurer of the State of North Carolina grew its position in shares of Element Solutions by 1.0% during the 4th quarter.
Treasurer of the State of North Carolina now owns 98,981 shares of the company’s stock worth $2,290,000 after buying an additional 960 shares in the last quarter. 92.32% of the stock is owned by institutional investors.
About Element Solutions ( Get Free Report ) 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.
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