Ecolab, Inc. (ECL) stock: 12-month forecast projects -10.77% potential drop%

At the time of writing, Ecolab, Inc. [ECL] stock is trading at $242.88, up 1.97%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ECL shares have gain 2.05% over the last week, with a monthly amount glided 1.54%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Ecolab, Inc. [NYSE: ECL] stock has seen the most recent analyst activity on July 08, 2024, when Stifel upgraded its rating to a Buy and also boosted its price target to $283 from $233. Previously, Mizuho upgraded its rating to Buy on April 12, 2024, and elevated its price target to $260. On April 03, 2024, Piper Sandler initiated with a Overweight rating and assigned a price target of $260 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. Barclays upgraded its rating to a Overweight and raised its price target to $260 on February 28, 2024. JP Morgan downgraded its rating to Neutral for this stock on February 14, 2024, and upped its price target to $220. In a note dated January 16, 2024, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $185 to $216.

For the past year, the stock price of Ecolab, Inc. fluctuated between $156.72 and $245.93. Currently, Wall Street analysts expect the stock to reach $216.72 within the next 12 months. Ecolab, Inc. [NYSE: ECL] shares were valued at $242.88 at the most recent close of the market. An investor can expect a potential drop of -10.77% based on the average ECL price forecast.

Analyzing the ECL fundamentals

According to Ecolab, Inc. [NYSE:ECL], the company’s sales were 15.50B for trailing twelve months, which represents an 5.05% jump. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.2 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.93.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 241.39 points at the first support level, and at 239.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 244.38, and for the 2nd resistance point, it is at 245.88.

Ratios To Look Out For

It is important to note that Ecolab, Inc. [NYSE:ECL] has a current ratio of 1.41. Further, the Quick Ratio stands at 0.99, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 4.47, the price to book ratio is 8.45 and price to earnings (TTM) ratio is 44.95.

Transactions by insiders

Recent insider trading involved HIGGINS ARTHUR J, Director, that happened on May 06 ’24 when 4500.0 shares were sold. Director, MacLennan David completed a deal on May 03 ’24 to buy 650.0 shares. Meanwhile, SVP & CORPORATE CONTROLLER Bradway Jennifer J sold 944.0 shares on Feb 15 ’24.

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