Element Solutions raises full-year 2026 adjusted EBITDA guidance to $690 mln-$710 mln
Company expects Q3 2026 adjusted EBITDA of about $180 mln
Element Solutions says core markets remain healthy and customer engagement is accelerating
Overview
US specialty chemicals firm's Q2 net sales rose 56%, beating analyst expectations
Adjusted EPS for Q2 increased to $0.47 from $0.37 yr/yr
Company to be acquired by Solstice in deal expected to close H1 2027
Result drivers
Electronics segment - Electronics sales rose 75%, with 29% of growth from acquisitions and 20% organic growth
Micromax integration - Micromax business contributed 31% to constant currency adjusted EBITDA growth in Electronics
Specialties segment - Specialties sales rose 14%, with 9% from acquisitions net of divestitures and 3% organic growth; EFC Gases & Advanced Materials business contributed 10% to constant currency adjusted EBITDA growth
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for Element Solutions Inc is $47.50, about 26.9% above its July 24 closing price of $37.44
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 19 three months ago
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