Ecolab, Inc. (NYSE: ECL) is 28.04% higher on its value in year-to-date trading and has touched a low of $156.72 and a high of $256.59 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 $253.55 in the last trading session, with the day’s gains setting it 0.42%.
Currently trading at $253.97, the stock is 1.04% and 3.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing 0.17% at the moment leaves the stock 11.45% off its SMA200. ECL registered 52.17% gain for a year compared to 6-month gain of 11.26%. The firm has a 50-day simple moving average (SMA 50) of $245.8392 and a 200-day simple moving average (SMA200) of $228.15985.
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The stock witnessed a 2.44% loss in the last 1 month and extending the period to 3 months gives it a 7.68%, and is -0.33% 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 1.25% over the week and 1.35% over the month.
Ecolab, Inc. (ECL) has around 48000 employees, a market worth around $72.26B and $15.63B in sales. Current P/E ratio is 42.60 and Fwd P/E is 33.89. Profit margin for the company is 10.95%. Distance from 52-week low is 62.05% and -1.02% 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 $4.04B over the same period.The EPS is expected to grow by 27.66% this year, but quarterly earnings will post 3.10% year-over-year. Quarterly sales are estimated to grow 2.00% in year-over-year returns.
2003.0 institutions hold shares in Ecolab, Inc. (ECL), with institutional investors hold 90.64% of the company’s shares. The shares outstanding are 285.45M, and float is at 252.91M with Short Float at 0.64%. Institutions hold 90.48% 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 REICH VICTORIA, the company’s Director. SEC filings show that REICH VICTORIA sold 1,807 shares of the company’s common stock on Sep 11 ’24 at a price of $250.00 per share for a total of $0.45 million. Following the sale, the insider now owns 24041.0 shares.
Ecolab, Inc. disclosed in a document filed with the SEC on Sep 12 ’24 that REICH VICTORIA (Director) sold a total of 393 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $250.00 per share for $98250.0. Following the transaction, the insider now directly holds 24041.0 shares of the ECL stock.
Still, SEC filings show that on Sep 11 ’24, Gail Peterson (Former Affiliate) Proposed Sale 20,196 shares at an average price of $250.70 for $5.06 million. The insider now directly holds shares of Ecolab, Inc. (ECL).
