Element Solutions Inc (ESI)
NYSE: ESI · IEX Real-Time Price · USD
23.74
+0.11 (0.44%)
Apr 19, 2024, 3:57 PM EDT - Market open
Element Solutions Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Element Solutions stock have an average target of 24.17, with a low estimate of 17 and a high estimate of 27. The average target predicts an increase of 1.83% from the current stock price of 23.74.
Analyst Consensus: Buy
* Price targets were last updated on Mar 6, 2024.
Analyst Ratings
The average analyst rating for ESI stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 0 | 0 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $22 → $26 | Hold | Maintains | $22 → $26 | +9.54% | Mar 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $22 → $26 | Hold | Maintains | $22 → $26 | +9.54% | Mar 5, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Mar 1, 2024 |
| Barclays | Barclays | Buy Maintains $25 → $26 | Buy | Maintains | $25 → $26 | +9.54% | Feb 26, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $27 → $26 | Strong Buy | Maintains | $27 → $26 | +9.54% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
2.46B
from 2.33B
Increased by 5.31%
Revenue Next Year
2.58B
from 2.46B
Increased by 4.88%
EPS This Year
1.40
from 0.49
Increased by 184.70%
EPS Next Year
1.60
from 1.40
Increased by 14.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.6B | 2.8B | 2.9B |
| Avg | 2.5B | 2.6B | 2.7B |
| Low | 2.3B | 2.4B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.1% | 12.4% | 13.7% |
| Avg | 5.3% | 4.9% | 4.7% |
| Low | 0.5% | -0.9% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.50 | 1.79 | 1.95 |
| Avg | 1.40 | 1.60 | 1.80 |
| Low | 1.32 | 1.49 | 1.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 206.4% | 28.0% | 22.0% |
| Avg | 184.7% | 14.8% | 12.1% |
| Low | 170.0% | 6.8% | 4.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.