Element Solutions (ESI) to Release Quarterly Earnings on Tuesday

Element Solutions (NYSE:ESI) is projected to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $598.24 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Element Solutions Price Performance

Element Solutions stock opened at $26.11 on Friday. The stock’s 50 day moving average is $25.84 and its 200 day moving average is $26.30. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.52 and a quick ratio of 2.77. The firm has a market cap of $6.32 billion, a P/E ratio of 23.52, a P/E/G ratio of 2.17 and a beta of 1.30. Element Solutions has a one year low of $21.42 and a one year high of $29.78.

Element Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Monday, March 3rd. Element Solutions’s dividend payout ratio (DPR) is currently 28.83%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Bank of America restated a “neutral” rating and set a $28.00 price objective (down previously from $32.00) on shares of Element Solutions in a research report on Tuesday, January 14th. Barclays lowered their price objective on shares of Element Solutions from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. Truist Financial started coverage on shares of Element Solutions in a research report on Tuesday, January 28th. They issued a “hold” rating and a $28.00 target price on the stock. BMO Capital Markets lifted 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. Finally, StockNews.com cut shares of Element Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Four investment 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 data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.