Ecolab, Inc. (NYSE: ECL) is 12.70% higher on its value in year-to-date trading and has touched a low of $153.87 and a high of $227.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ECL stock was last observed hovering at around $223.41 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $223.54, the stock is 3.40% and 8.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing 0.06% at the moment leaves the stock 20.36% off its SMA200. ECL registered 38.84% gain for a year compared to 6-month gain of 22.76%. The firm has a 50-day simple moving average (SMA 50) of $4.68 and a 200-day simple moving average (SMA200) of $23.66.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 14.31% loss in the last 1 month and extending the period to 3 months gives it a 16.77%, and is -0.65% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.31% over the week and 1.57% over the month.
Ecolab, Inc. (ECL) has around 48000 employees, a market worth around $63.82B and $15.32B in sales. Current P/E ratio is 46.69 and Fwd P/E is 30.80. Profit margin for the company is 8.96%. Distance from 52-week low is 45.28% and -1.64% from its 52-week high. The company has generated returns on investments over the last 12 months (8.57%).
Ecolab, Inc. quarterly earnings per share for the current quarter are estimated at $1.33 with sales reaching $3.77B over the same period.The EPS is expected to grow by 22.93% this year, but quarterly earnings will post 5.00% year-over-year. Quarterly sales are estimated to grow 5.50% in year-over-year returns.
1,870 institutions hold shares in Ecolab, Inc. (ECL), with institutional investors hold 90.30% of the company’s shares. The shares outstanding are 285.45M, and float is at 253.82M with Short Float at 0.93%. Institutions hold 90.13% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 22.49 million shares valued at $4.2 billion. The investor’s holdings represent 7.89% of the ECL Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 21.88 million shares valued at $4.08 billion to account for 7.68% of the shares outstanding. The other top investors are State Street Corporation which holds 11.23 million shares representing 3.94% and valued at over $2.1 billion, while Wellington Management Group, LLP holds 3.84% of the shares totaling 10.95 million with a market value of $2.04 billion.
Ecolab, Inc. (ECL) Insider Activity
The most recent transaction is an insider sale by Bradway Jennifer J, the company’s SVP & CORPORATE CONTROLLER. SEC filings show that Bradway Jennifer J sold 944 shares of the company’s common stock on Feb 15 ’24 at a price of $216.01 per share for a total of $0.2 million. Following the sale, the insider now owns 3029.0 shares.
Ecolab, Inc. disclosed in a document filed with the SEC on Dec 04 ’23 that Marsh Laurie M (EVP – HUMAN RESOURCES) sold a total of 11,917 shares of the company’s common stock. The trade occurred on Dec 04 ’23 and was made at $191.41 per share for $2.28 million. Following the transaction, the insider now directly holds 20538.0 shares of the ECL stock.
Still, SEC filings show that on Dec 01 ’23, MacLennan David (Director) acquired 800 shares at an average price of $191.53 for $0.15 million. The insider now directly holds 16,070 shares of Ecolab, Inc. (ECL).
