Element Solutions Inc (NYSE: ESI) has reported E.P.S. of $0.17 for its third fiscal quarter (ending September 30) versus $-0.13 for the same period a year ago — a decline of -231%. For the latest four quarters through September 30, E.P.S. were $1.09 compared to $0.21 a year ago — an increase of 419%.
Recent Price Action
Element Solutions Inc (NYSE: ESI) stock closed at $26.67 on 10/28/24 after a modest decline of -1.1%. Moreover, unusually high trading volume at 159% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 5.7% during the last week.
Current PriceTarget Research Rating
ESI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Element Solutions has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Element Solutions has a slightly negative Appreciation Score of 35 but a slightly positive Power Rating of 69, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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