At the time of writing, Ecolab, Inc. [ECL] stock is trading at $239.47, down -0.77%. An important factor to consider is whether the stock is rising or falling in short-term value. The ECL shares have gain 3.42% over the last week, with a monthly amount drifted -2.33%, and not 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 August 13, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $270. Previously, Citigroup upgraded its rating to Buy on July 31, 2024, and dropped its price target to $265. On July 31, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $272 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $283 on July 08, 2024. Mizuho upgraded its rating to a Buy and raised its price target to $260 on April 12, 2024. Piper Sandler started tracking with a Overweight rating for this stock on April 03, 2024, and assigned it a price target of $260. In a note dated March 01, 2024, Wolfe Research initiated an Peer Perform rating.
For the past year, the stock price of Ecolab, Inc. fluctuated between $156.72 and $249.00. Currently, Wall Street analysts expect the stock to reach $239 within the next 12 months. Ecolab, Inc. [NYSE: ECL] shares were valued at $239.47 at the most recent close of the market. An investor can expect a potential drop of -0.2% based on the average ECL price forecast.
Analyzing the ECL fundamentals
According to Ecolab, Inc. [NYSE:ECL], the company’s sales were 15.63B for trailing twelve months, which represents an 3.47% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.21 and Total Capital is 0.14. 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 238.13 points at the first support level, and at 236.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 241.15, and for the 2nd resistance point, it is at 242.82.
Ratios To Look Out For
It is important to note that Ecolab, Inc. [NYSE:ECL] has a current ratio of 1.50. On the other hand, the Quick Ratio is 1.10, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 4.36, the price to book ratio is 8.22 and price to earnings (TTM) ratio is 40.17.
Transactions by insiders
Recent insider trading involved MacLennan David, Director, that happened on Aug 02 ’24 when 650.0 shares were purchased. Director, HIGGINS ARTHUR J completed a deal on May 06 ’24 to sell 4500.0 shares. Meanwhile, Director MacLennan David bought 650.0 shares on May 03 ’24.
