Element Solutions (ESI)
(Delayed Data from NYSE)
$26.23 USD
+0.80 (3.15%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $26.22 -0.01 (-0.04%) 7:58 PM ET
1-Strong Buy of 5 1
D Value D Growth C Momentum D VGM
Company Summary
Based in Florida, Element Solutions Inc, earlier known as Platform Specialty Products Corporation, is a leading specialty chemicals provider. The company offers innovative and differentiated solutions to its customers across a vast spectrum of industries including automotive, electronics, communications infrastructure, industrial surface finishing, consumer packaging as well as offshore energy. The company generated sales of $2,333.2 million in 2023.
The company’s business initially comprised of two reporting segments — Performance Solutions and Agricultural Solutions.
In July 2018, the company announced a definitive deal to divest the Agricultural Solutions division — comprising Arysta LifeScience ...
Company Summary
Based in Florida, Element Solutions Inc, earlier known as Platform Specialty Products Corporation, is a leading specialty chemicals provider. The company offers innovative and differentiated solutions to its customers across a vast spectrum of industries including automotive, electronics, communications infrastructure, industrial surface finishing, consumer packaging as well as offshore energy. The company generated sales of $2,333.2 million in 2023.
The company’s business initially comprised of two reporting segments — Performance Solutions and Agricultural Solutions.
In July 2018, the company announced a definitive deal to divest the Agricultural Solutions division — comprising Arysta LifeScience Inc and its subsidiaries — for $4.2 billion in cash to UPL Corporation Ltd. The transaction was closed on Jan 31, 2019. As such, the Agricultural Solutions business is classified as discontinued operations.
In regards to the closing of this transaction, Platform Specialty changed its name to Element Solutions Inc. Element Solutions’ shares of common stock started trading on the NYSE under the ticker symbol “ESI”, effective Feb 1, 2019.
The Performance Solutions segment is now the foundation of the new Element Solutions. The unit has been sub-divided into two businesses — Electronics and Industrial & Specialty.
Electronics (61% of net sales in 2023): The segment provides specialty chemicals and materials for all types of electronics hardware from new interconnection materials to complex printed circuit board designs. It provides specialty chemicals through Assembly Solutions, Circuitry Solutions and Semiconductor Solutions.
Industrial & Specialty (39%): The segment provides Industrial Solutions. It includes chemical systems that protect and decorate metal and plastic surfaces. The segment offers products and services through — Industrial Solutions Graphics Solutions and Energy Solutions.
General Information
Element Solutions Inc
500 EAST BROWARD BOULEVARD SUITE 1860
FORT LAUDERDALE, FL 33394
Phone: 561-207-9600
Fax: 203-575-7970
Web: http://www.elementsolutionsinc.com
Email: ir@elementsolutionsinc.com
Industry | Chemical - Specialty |
Sector | Basic Materials |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.38 |
Current Year EPS Consensus Estimate | 1.42 |
Estimated Long-Term EPS Growth Rate | 14.80 |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 25.43 |
52 Week High | 28.69 |
52 Week Low | 17.57 |
Beta | 1.31 |
20 Day Moving Average | 1,363,974.25 |
Target Price Consensus | 31.14 |
4 Week | -1.02 |
12 Week | 9.66 |
YTD | 13.35 |
4 Week | -5.15 |
12 Week | 1.89 |
YTD | -5.90 |
Shares Outstanding (millions) | 242.14 |
Market Capitalization (millions) | 6,351.38 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 1.22% |
Annual Dividend | $0.32 |
Payout Ratio | 0.23 |
Change in Payout Ratio | 0.06 |
Last Dividend Payout / Amount | 5/31/2024 / $0.08 |
Fundamental Ratios
P/E (F1) | 18.43 |
Trailing 12 Months | 19.01 |
PEG Ratio | 1.25 |
vs. Previous Year | 16.13% |
vs. Previous Quarter | 5.88% |
vs. Previous Year | 4.54% |
vs. Previous Quarter | 6.56% |
Price/Book | 2.66 |
Price/Cash Flow | 11.31 |
Price / Sales | 2.69 |
6/30/24 | 14.42 |
3/31/24 | 13.96 |
12/31/23 | 13.51 |
6/30/24 | 6.77 |
3/31/24 | 6.49 |
12/31/23 | 6.29 |
6/30/24 | 3.50 |
3/31/24 | 3.63 |
12/31/23 | 3.24 |
6/30/24 | 2.60 |
3/31/24 | 2.69 |
12/31/23 | 2.43 |
6/30/24 | 14.23 |
3/31/24 | 13.84 |
12/31/23 | 13.43 |
6/30/24 | 8.24 |
3/31/24 | 5.62 |
12/31/23 | 5.06 |
6/30/24 | 6.99 |
3/31/24 | 5.94 |
12/31/23 | 5.53 |
6/30/24 | 9.86 |
3/31/24 | 9.66 |
12/31/23 | 9.71 |
6/30/24 | 4.34 |
3/31/24 | 4.39 |
12/31/23 | 4.43 |
6/30/24 | 0.80 |
3/31/24 | 0.82 |
12/31/23 | 0.82 |
6/30/24 | 44.52 |
3/31/24 | 45.06 |
12/31/23 | 45.04 |