Seaport Res Ptn Issues Pessimistic Forecast for ESI Earnings

Element Solutions Inc (NYSE:ESI) – Seaport Res Ptn dropped their Q4 2024 earnings estimates for shares of Element Solutions in a report released on Wednesday, January 22nd. Seaport Res Ptn analyst M. Harrison now expects that the company will post earnings of $0.35 per share for the quarter, down from their previous estimate of $0.36. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Element Solutions’ current full-year earnings is $1.45 per share. Seaport Res Ptn also issued estimates for Element Solutions’ Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.37 EPS and FY2026 earnings at $1.70 EPS.

ESI has been the subject of several other research reports. BMO Capital Markets lifted their price objective on shares of Element Solutions from $32.00 to $34.00 and gave the stock an “outperform” rating in a research note on Monday, December 16th. Barclays lifted their price objective on shares of Element Solutions from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. StockNews.com cut shares of Element Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Bank of America restated a “neutral” rating and issued a $28.00 target price (down from $32.00) on shares of Element Solutions in a research report on Tuesday, January 14th. Finally, Wolfe Research upgraded shares of Element Solutions from a “peer perform” rating to an “outperform” rating in a research report on Friday, October 25th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.83.

Element Solutions Price Performance

Shares of Element Solutions stock opened at $26.13 on Thursday. Element Solutions has a twelve month low of $21.42 and a twelve month high of $29.78. The company has a quick ratio of 2.77, a current ratio of 3.52 and a debt-to-equity ratio of 0.78. The company has a 50-day simple moving average of $26.73 and a two-hundred day simple moving average of $26.49. The stock has a market capitalization of $6.33 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 1.92 and a beta of 1.30.

Element Solutions (NYSE:ESI) last announced its earnings results on Monday, October 28th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. The business had revenue of $645.00 million during the quarter, compared to the consensus estimate of $626.52 million. Element Solutions had a net margin of 11.08% and a return on equity of 14.42%. Element Solutions’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.36 EPS.

Element Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Monday, December 2nd. Element Solutions’s dividend payout ratio is 28.83%.

Hedge Funds Weigh In On Element Solutions

A number of institutional investors have recently added to or reduced their stakes in the stock. US Bancorp DE increased its position in Element Solutions by 0.9% during the 3rd quarter. US Bancorp DE now owns 46,005 shares of the company’s stock worth $1,249,000 after purchasing an additional 417 shares in the last quarter. Equitable Trust Co. increased its position in Element Solutions by 2.2% in the 3rd quarter. Equitable Trust Co. now owns 33,527 shares of the company’s stock valued at $911,000 after acquiring an additional 733 shares during the period. EverSource Wealth Advisors LLC increased its position in Element Solutions by 39.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,056 shares of the company’s stock valued at $82,000 after acquiring an additional 864 shares during the period. True Wealth Design LLC acquired a new position in Element Solutions in the 3rd quarter valued at approximately $25,000. Finally, UMB Bank n.a. increased its position in Element Solutions by 98.8% in the 4th quarter. UMB Bank n.a. now owns 1,910 shares of the company’s stock valued at $49,000 after acquiring an additional 949 shares during the period. 92.32% of the stock is currently owned by institutional investors and hedge funds.

Element Solutions Company Profile

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.