Element Solutions Inc. (ESI, Financial) witnessed a significant stock price surge of 6.62%, reaching $26.27 per share. The trading volume was 1.344 million shares, with a turnover rate of 0.55% and a fluctuation amplitude of 1.63%.
Recent financial reports show Element Solutions Inc. generated $613 million in revenue and $91.6 million in net income, resulting in earnings per share of $0.39. The company's gross profit was $267 million, with a price-to-earnings ratio of 30.51.
Regarding analyst ratings, 83% of the 12 institutions covering the stock recommend buying, while 17% suggest holding. No institutions have offered sell recommendations.
Within the chemical products industry, the overall decline was 0.32%. Notably, related stocks like Flexible Solutions International Inc., Crown Electrokinetics Corp., and Northern Technologies International Corp. experienced significant gains.
Element Solutions Inc. operates as a specialty chemical company, providing solutions to enhance product performance. It has two main segments: Electronics, and Industrial & Specialty. The Industrial & Specialty segment, which generates the majority of the company's revenue, offers chemical systems for protecting and decorating metal and plastic surfaces, consumable chemicals for image transfer on flexible packaging materials, and water-based hydraulic control fluids for offshore energy production. The Electronics segment offers specialized chemicals and process technologies for all types of electronic hardware, from complex printed circuit board designs to semiconductor packaging.
