Ecolab, Inc. (NYSE: ECL) is 25.84% higher on its value in year-to-date trading and has touched a low of $156.72 and a high of $249.00 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 $248.65 in the last trading session, with the day’s gains setting it 0.96%.
Currently trading at $249.61, the stock is 4.03% and 3.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing 0.39% at the moment leaves the stock 13.32% off its SMA200. ECL registered 37.96% gain for a year compared to 6-month gain of 10.93%.
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 9.07% loss in the last 1 month and extending the period to 3 months gives it a 10.38%, and is 1.24% up 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 1.01% over the week and 1.63% over the month.
Ecolab, Inc. (ECL) has around 48000 employees, a market worth around $71.02B and $15.63B in sales. Current P/E ratio is 41.87 and Fwd P/E is 33.35. Profit margin for the company is 10.95%. Distance from 52-week low is 59.27% and 0.24% from its 52-week high. The company has generated returns on investments over the last 12 months (10.53%).
Ecolab, Inc. quarterly earnings per share for the current quarter are estimated at 1.82 with sales reaching $4.05B over the same period.The EPS is expected to grow by 27.59% this year, but quarterly earnings will post 3.20% year-over-year. Quarterly sales are estimated to grow 2.30% in year-over-year returns.
2015.0 institutions hold shares in Ecolab, Inc. (ECL), with institutional investors hold 90.88% of the company’s shares. The shares outstanding are 285.45M, and float is at 253.02M with Short Float at 0.68%. Institutions hold 90.73% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.96 million shares valued at $5.7 billion. The investor’s holdings represent 8.3856 of the ECL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.75 million shares valued at $5.18 billion to account for 7.6118 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.47 million shares representing 4.0136 and valued at over $2.74 billion, while MORGAN STANLEY holds 2.0498 of the shares totaling 5.86 million with a market value of $1.39 billion.
Ecolab, Inc. (ECL) Insider Activity
The most recent transaction is an insider sale by Alfano Nicholas J., the company’s EVP & PRES – GLOBAL INDUSTRIAL. SEC filings show that Alfano Nicholas J. sold 2,652 shares of the company’s common stock on Aug 21 ’24 at a price of $244.50 per share for a total of $0.65 million. Following the sale, the insider now owns 12065.0 shares.
Still, SEC filings show that on Aug 19 ’24, Marsh Laurie M (EVP – HUMAN RESOURCES) disposed off 10,364 shares at an average price of $240.83 for $2.5 million. The insider now directly holds 24,447 shares of Ecolab, Inc. (ECL).
