Ecolab, Inc. (NYSE: ECL) has a higher price-to-earnings ratio of 43.17x compared to its average ratio. ECL has 36-month beta value of 1.13. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 6 as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for ECL is 253.95M, and currently, short sellers hold a 0.82% ratio of that float. The average trading volume of ECL on May 09, 2024 was 1.26M shares.
ECL) stock’s latest price update
Ecolab, Inc. (NYSE: ECL) has seen a rise in its stock price by 0.13 in relation to its previous close of 232.92. However, the company has experienced a 3.67% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that Does Ecolab (ECL) have what it takes to be a top stock pick for momentum investors? Let’s find out.
ECL’s Market Performance
Ecolab, Inc. (ECL) has seen a 3.67% rise in stock performance for the week, with a 3.30% gain in the past month and a 14.89% surge in the past quarter. The volatility ratio for the week is 1.36%, and the volatility levels for the past 30 days are at 1.42% for ECL. The simple moving average for the last 20 days is 4.82% for ECL stock, with a simple moving average of 19.14% for the last 200 days.
Analysts’ Opinion of ECL
Many brokerage firms have already submitted their reports for ECL stocks, with Mizuho repeating the rating for ECL by listing it as a “Buy.” The predicted price for ECL in the upcoming period, according to Mizuho is $260 based on the research report published on April 12, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see ECL reach a price target of $260. The rating they have provided for ECL stocks is “Overweight” according to the report published on April 03rd, 2024.
ECL Trading at 3.74% from the 50-Day Moving Average
After a stumble in the market that brought ECL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.03% of loss for the given period.
Volatility was left at 1.42%, however, over the last 30 days, the volatility rate increased by 1.36%, as shares surge +4.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.02% upper at present.
During the last 5 trading sessions, ECL rose by +3.67%, which changed the moving average for the period of 200-days by +23.12% in comparison to the 20-day moving average, which settled at $223.06. In addition, Ecolab, Inc. saw 17.59% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ECL starting from HIGGINS ARTHUR J, who sale 4,500 shares at the price of $227.52 back on May 06 ’24. After this action, HIGGINS ARTHUR J now owns 25,548 shares of Ecolab, Inc., valued at $1,023,854 using the latest closing price.
MacLennan David, the Director of Ecolab, Inc., purchase 650 shares at $227.37 during a trade that took place back on May 03 ’24, which means that MacLennan David is holding 17,111 shares at $147,788 based on the most recent closing price.
Stock Fundamentals for ECL
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.41 for the gross margin
The net margin for Ecolab, Inc. stands at 0.1. The total capital return value is set at 0.13. Equity return is now at value 19.95, with 7.29 for asset returns.
Based on Ecolab, Inc. (ECL), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.93. The interest coverage ratio of the stock is 6.99.
Currently, EBITDA for the company is 3.08 billion with net debt to EBITDA at 3.04. When we switch over and look at the enterprise to sales, we see a ratio of 4.79. The receivables turnover for the company is 5.24for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
To put it simply, Ecolab, Inc. (ECL) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
