Element Solutions (NYSE:ESI) Given New $30.00 Price Target at KeyCorp\n\nKey Points\n* KeyCorp has raised their price target for **Element Solutions** from $29.00 to **$30.00**, indicating a potential upside of **27.12%** from the current stock price.\n* Element Solutions reported earnings of **$0.37** per share for the last quarter, exceeding estimates and showing a **2.0%** increase in revenue compared to the same quarter last year.\n* The stock is currently rated as a \"Moderate Buy,\" with the average target price standing at **$27.38**, and most analysts maintaining positive ratings on the stock.\n\nElement Solutions ( - ) had its price objective boosted by KeyCorp from $29.00 to $30.00 in a note issued to investors on Friday, reports. The brokerage currently has an \"overweight\" rating on the stock. KeyCorp's price target points to a potential upside of 29.70% from the stock's current price. Several other research analysts have also weighed in on the company. The Goldman Sachs Group reaffirmed a \"neutral\" rating and set a $27.00 price target (up previously from $24.00) on shares of Element Solutions in a research report on Tuesday, July 15th. Mizuho increased their price target on Element Solutions from $24.00 to $27.00 and gave the company an \"outperform\" rating in a research note on Tuesday, July 15th. BMO Capital Markets lowered their price target on shares of Element Solutions from $34.00 to $30.00 and set an \"outperform\" rating for the company in a report on Friday, April 25th. Barclays lowered their target price on Element Solutions from $30.00 to $27.00 and set an \"overweight\" rating for the company in a report on Monday, April 28th. Finally, UBS Group increased their price target on Element Solutions from $29.00 to $30.00 and gave the stock a \"buy\" rating in a report on Thursday.\n\nTwo analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of \"Moderate Buy\" and a consensus target price of $27.38.\n\nElement Solutions Stock Down 2.0% traded down $0.47 on Friday, reaching $23.13. The stock had a trading volume of 3,607,339 shares, compared to its average volume of 2,459,924. The stock has a market cap of $5.59 billion, a P/E ratio of 15.98, a price-to-earnings-growth ratio of 1.66 and a beta of 1.26. Element Solutions has a 12-month low of $16.77 and a 12-month high of $29.78. The company has a 50-day moving average of $22.91 and a 200 day moving average of $23.16. The company has a current ratio of 4.10, a quick ratio of 3.30 and a debt-to-equity ratio of 0.62.\n\nElement Solutions ( - ) last released its earnings results on Wednesday, July 30th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.01. The firm had revenue of $625.20 million for the quarter, compared to analyst estimates of $587.45 million. Element Solutions had a return on equity of 14.14% and a net margin of 9.66%. The company's revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS. On average, research analysts predict that Element Solutions will post 1.45 earnings per share for the current year.\n\nHedge Funds Weigh In On Element Solutions\nInstitutional investors and hedge funds have recently added to or reduced their stakes in the business. Amalgamated Bank raised its holdings in shares of Element Solutions by 479.7% in the 1st quarter. Amalgamated Bank now owns 67,594 shares of the company's stock valued at $1,528,000 after acquiring an additional 55,933 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Element Solutions by 48.5% in the first quarter. Bank of New York Mellon Corp now owns 1,716,292 shares of the company's stock valued at $38,805,000 after acquiring an additional 560,346 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Element Solutions in the first quarter worth $623,000. QRG Capital Management Inc. increased its stake in shares of Element Solutions by 13.3% in the 1st quarter. QRG Capital Management Inc. now owns 28,196 shares of the company's stock worth $638,000 after acquiring an additional 3,302 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Element Solutions by 110.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 59,102 shares of the company's stock valued at $1,336,000 after buying an additional 30,953 shares during the last quarter. Institutional investors own 92.32% of the company's stock.\n\nAbout Element Solutions ()\nElement 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.

Element Solutions (NYSE:ESI) Price Target Raised to $30.00 at KeyCorp

KeyCorp raised its price target for Element Solutions from $29.00 to $30.00, indicating a 27.12% potential upside. The company reported $0.37 EPS for the quarter, exceeding estimates and showing 2.0% revenue growth. Analysts maintain positive ratings, with a consensus target price of $27.38 and a 'Moderate Buy' rating. Institutional investors adjusted their holdings in the company.