For its second fiscal quarter (ending June 30), Element Solutions Inc (NYSE: ESI) has reported E.P.S. of $0.38 compared to $0.11 a year ago. E.P.S. were $0.80 for the latest four quarters through June 30 versus $0.56 for the same period a year ago.
Recent Price Action
Element Solutions Inc (NYSE: ESI) stock declined slightly by -0.04% on 7/29/24. The stock closed at $26.92. NORMAL trading volume accompanied the decline. Relative to the market the stock has been strong over the last nine months but is unchanged 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 contradictory signals. Element Solutions has a slightly negative Appreciation Score of 33 but a good Power Rating of 81, resulting in the High 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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