Element Solutions (ESI) to Release Quarterly Earnings on Tuesday

Element Solutions (NYSE:ESI) is anticipated to post 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. Investors interested in registering for the company’s conference call can do so using this link.

Element Solutions Stock Performance

Shares of Element Solutions stock opened at $25.34 on Tuesday. The company 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. The company has a 50-day simple moving average of $26.05 and a two-hundred day simple moving average of $26.33. Element Solutions has a one year low of $21.42 and a one year high of $29.78. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.77 and a current ratio of 3.52.

Element Solutions Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on ESI. Wolfe Research raised shares of Element Solutions from a “peer perform” rating to an “outperform” rating in a report on Friday, October 25th. Bank of America reaffirmed 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. Truist Financial began coverage on Element Solutions in a report on Tuesday, January 28th. They issued a “hold” rating and a $28.00 price target for the company. StockNews.com downgraded shares of Element Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th. Finally, Seaport Res Ptn upgraded shares of Element Solutions to a “strong-buy” rating in a research note on Monday, October 14th. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Element Solutions presently has an average rating of “Moderate Buy” and an average target price of $30.14.

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.