Ecolab, Inc. (ECL) Shares Plummet Below 1-Year High

Ecolab, Inc. (NYSE: ECL)’s stock price has plunge by -1.26relation to previous closing price of 253.97. Nevertheless, the company has seen a -1.95% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-10-02 that Ecolab (ECL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Is It Worth Investing in Ecolab, Inc. (NYSE: ECL) Right Now?

Ecolab, Inc. (NYSE: ECL) has a price-to-earnings ratio of 42.06x that is above its average ratio. Additionally, the 36-month beta value for ECL is 1.14. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 6 rating it as “overweight,” 9 rating it as “hold,” and 1 rating it as “sell.”

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The public float for ECL is 252.82M and currently, short sellers hold a 0.64% ratio of that float. The average trading volume of ECL on October 04, 2024 was 994.69K shares.

ECL’s Market Performance

The stock of Ecolab, Inc. (ECL) has seen a -1.95% decrease in the past week, with a 1.58% rise in the past month, and a 5.28% gain in the past quarter. The volatility ratio for the week is 1.32%, and the volatility levels for the past 30 days are at 1.33% for ECL. The simple moving average for the past 20 days is -0.37% for ECL’s stock, with a 9.91% simple moving average for the past 200 days.

Analysts’ Opinion of ECL

Many brokerage firms have already submitted their reports for ECL stocks, with Wells Fargo repeating the rating for ECL by listing it as a “Overweight.” The predicted price for ECL in the upcoming period, according to Wells Fargo is $270 based on the research report published on August 13, 2024 of the current year 2024.

Citigroup, on the other hand, stated in their research note that they expect to see ECL reach a price target of $265, previously predicting the price at $267. The rating they have provided for ECL stocks is “Buy” according to the report published on July 31st, 2024.

BofA Securities gave a rating of “Buy” to ECL, setting the target price at $272 in the report published on July 31st of the current year.

ECL Trading at 2.01% 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 -2.27% of loss for the given period.

Volatility was left at 1.33%, however, over the last 30 days, the volatility rate increased by 1.32%, as shares surge +1.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.18% upper at present.

During the last 5 trading sessions, ECL fell by -1.95%, which changed the moving average for the period of 200-days by +27.44% in comparison to the 20-day moving average, which settled at $251.92. In addition, Ecolab, Inc. saw 26.43% 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 REICH VICTORIA, who sale 1,807 shares at the price of $250.00 back on Sep 11 ’24. After this action, REICH VICTORIA now owns 24,041 shares of Ecolab, Inc., valued at $451,750 using the latest closing price.

REICH VICTORIA, the Director of Ecolab, Inc., sale 393 shares at $250.00 during a trade that took place back on Sep 12 ’24, which means that REICH VICTORIA is holding 24,041 shares at $98,250 based on the most recent closing price.

Stock Fundamentals for ECL

Current profitability levels for the company are sitting at:

  • 0.15 for the present operating margin
  • 0.43 for the gross margin

The net margin for Ecolab, Inc. stands at 0.11. The total capital return value is set at 0.14. Equity return is now at value 21.61, with 7.98 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 0.38. The debt to equity ratio resting at 0.93. The interest coverage ratio of the stock is 7.52.

Currently, EBITDA for the company is 3.08 billion with net debt to EBITDA at 2.67. When we switch over and look at the enterprise to sales, we see a ratio of 5.06. The receivables turnover for the company is 5.14for 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 1.50.

Conclusion

In conclusion, Ecolab, Inc. (ECL) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.

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