Elementis (LON:ELM) Reaches New 1-Year High – Still a Buy?

Elementis plc (LON:ELM)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 180.40 and last traded at GBX 177.80, with a volume of 1027923 shares changing hands. The stock had previously closed at GBX 172.56.

Key Elementis News

Here are the key news stories impacting Elementis this week:

• Positive Sentiment: £25 million buyback announced: Elementis plans to repurchase up to £25 million of its shares. The program could support earnings per share and provide additional demand for the stock, signaling management’s confidence in the company’s valuation and cash-generation prospects. Elementis launches £25mn buyback
• Positive Sentiment: First-half performance exceeded expectations: Elementis reported strong first-half 2026 results, including revenue of approximately $318.2 million. Coverage of the earnings call highlighted robust growth and results ahead of analyst expectations, improving confidence in the company’s operating momentum. Elementis Delivers Strong First-Half Performance with Results Ahead of Expectations
• Positive Sentiment: Analysts raised targets and reiterated buy ratings: Berenberg lifted its price target from 195p to 220p, while Deutsche Bank raised its target from 200p to 215p; both now rate the shares “buy.” Jefferies also reaffirmed its buy recommendation with a 210p target. The upgrades indicate that brokers see further upside following the results. Broker views on Elementis
• Neutral Sentiment: Elementis reported quarterly EPS of 8.60p, but its reported net margin and return on equity remained negative. Investors may therefore focus on whether the improved first-half trading can translate into sustained profitability and stronger shareholder returns. Elementis quarterly earnings report

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped their target price on Elementis from GBX 200 to GBX 215 and gave the stock a “buy” rating in a research report on Friday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 210 target price on shares of Elementis in a report on Thursday. Finally, Berenberg Bank boosted their price target on Elementis from GBX 195 to GBX 220 and gave the stock a “buy” rating in a research report on Friday. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 208.75.

Elementis Stock Performance

The stock’s fifty day moving average is GBX 157.90 and its two-hundred day moving average is GBX 157.64. The firm has a market capitalization of £1.01 billion, a price-to-earnings ratio of -22.72, a price-to-earnings-growth ratio of 3.05 and a beta of 0.92. The company has a debt-to-equity ratio of 39.71, a quick ratio of 1.16 and a current ratio of 2.27.

Elementis (LON:ELM) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 8.60 earnings per share for the quarter. Elementis had a net margin of 12.16% and a return on equity of 11.26%. Analysts forecast that Elementis plc will post 9.4993582 earnings per share for the current year.

Elementis announced that its board has initiated a stock repurchase program on Wednesday, June 3rd that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.

Elementis Company Profile

Elementis is a global specialty chemicals company listed on the London Stock Exchange. The Group employs c.1,000 across 20 global locations. As recognised innovation leaders with deep expertise in rheology (the science of flow), and formulation solutions, we develop distinctive solutions and products to improve performance, achieve smoother production, and enhance sustainability credentials for customers across a range of industries. The Group also owns and operates the largest high-quality hectorite mine in the world.