On 6/12/24, Element Solutions Inc (NYSE: ESI) stock enjoyed a major increase of 13.6%, closing at $26.95. Moreover, exceptionally high trading volume at 385% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 16.4% 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 (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Element Solutions has a slightly negative Appreciation Score of 37 but a very high Power Rating of 85, producing the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment