Investors are poised to add Ecolab, Inc. (ECL) Stock to their long term portfolios

At the time of writing, Ecolab, Inc. [ECL] stock is trading at $246.88, down -0.42%. 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 lost -0.71% over the last week, with a monthly amount glided 6.76%, 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 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 $253.54. Currently, Wall Street analysts expect the stock to reach $240.72 within the next 12 months. Ecolab, Inc. [NYSE: ECL] shares were valued at $246.88 at the most recent close of the market. An investor can expect a potential drop of -2.5% 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 245.23 points at the first support level, and at 243.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 249.61, and for the 2nd resistance point, it is at 252.34.

Ratios To Look Out For

It is important to note that Ecolab, Inc. [NYSE:ECL] has a current ratio of 1.50. Further, the Quick Ratio stands at 1.10, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 4.49, the price to book ratio is 8.48 and price to earnings (TTM) ratio is 41.41.

Transactions by insiders

Recent insider trading involved Cook Gregory B, EVP & PRES – INST GROUP, that happened on Aug 29 ’24 when 3811.0 shares were sold. Officer, Nicolas A. Granucci completed a deal on Aug 29 ’24 to buy 2243.0 shares. Meanwhile, Officer Gregory B. Cook bought 3811.0 shares on Aug 29 ’24.

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