Earnings Report: Here’s what to expect from Element Solutions (NYSE:ESI)

Earnings results for Element Solutions (NYSE:ESI)

Element Solutions Inc. is expected* to report earnings on 04/28/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.31. The reported EPS for the same quarter last year was $0.25.

Element Solutions last posted its earnings data on February 24th, 2021. The reported $0.31 EPS for the quarter, hitting analysts’ consensus estimates of $0.31. The firm earned $536.60 million during the quarter. Element Solutions has generated $0.88 earnings per share over the last year and currently has a price-to-earnings ratio of 42.8. Element Solutions has confirmed that its next quarterly earnings report will be published on Wednesday, April 28th, 2021.

Analyst Opinion on Element Solutions (NYSE:ESI)

4 Wall Street analysts have issued ratings and price targets for Element Solutions in the last 12 months. Their average twelve-month price target is $15.75, predicting that the stock has a possible downside of 23.36%. The high price target for ESI is $19.00 and the low price target for ESI is $13.00. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Element Solutions has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $15.75, Element Solutions has a forecasted downside of 23.4% from its current price of $20.55. Element Solutions has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Element Solutions (NYSE:ESI)

Element Solutions has a dividend yield of 0.97%, which is in the bottom 25% of all stocks that pay dividends. Element Solutions has only been increasing its dividend for 1 years. The dividend payout ratio of Element Solutions is 22.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Element Solutions will have a dividend payout ratio of 17.86% next year. This indicates that Element Solutions will be able to sustain or increase its dividend.

Insiders buying/selling: Element Solutions (NYSE:ESI)

In the past three months, Element Solutions insiders have not sold or bought any company stock. Only 13.20% of the stock of Element Solutions is held by insiders. 85.13% of the stock of Element Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Element Solutions (NYSE:ESI

Earnings for Element Solutions are expected to grow by 16.67% in the coming year, from $0.96 to $1.12 per share. The P/E ratio of Element Solutions is 42.81, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.36. The P/E ratio of Element Solutions is 42.81, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 27.28. Element Solutions has a PEG Ratio of 1.64. PEG Ratios above 1 indicate that a company could be overvalued. Element Solutions has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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