Somewhat Positive Media Coverage Somewhat Unlikely to Impact Ecolab (ECL) Share Price
News stories about Ecolab (NYSE:ECL) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ecolab earned a news impact score of 0.03 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 44.7159576411612 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Ecolab (ECL) Holder Davis RM Lowered Position as Stock Value Rose; Philadelphia Financial Management Of San … – Hill Country Times (hillcountrytimes.com)
- Zacks: Brokerages Anticipate Ecolab Inc. (ECL) Will Post Quarterly Sales of $3.58 Billion (americanbankingnews.com)
- ECL Ex-Dividend Reminder – 12/18/17 – Nasdaq (nasdaq.com)
- Is Ecolab Inc’s (NYSE:ECL) PE Ratio A Signal To Sell For Investors? (finance.yahoo.com)
- Ecolab Inc. (ECL) Expected to Announce Earnings of $1.40 Per Share (americanbankingnews.com)
A number of equities research analysts have recently weighed in on ECL shares. UBS boosted their price target on Ecolab from $147.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, November 1st. Canaccord Genuity reiterated a “buy” rating and issued a $145.00 price target on shares of Ecolab in a report on Monday, September 11th. Jefferies Group boosted their price target on Ecolab from $130.00 to $140.00 and gave the company a “hold” rating in a report on Wednesday, November 1st. Stifel Nicolaus reiterated a “hold” rating and issued a $140.00 price target on shares of Ecolab in a report on Wednesday, November 1st. Finally, Robert W. Baird reiterated a “hold” rating and issued a $140.00 price target on shares of Ecolab in a report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $136.86.
Shares of Ecolab (NYSE ECL) traded up $0.82 on Friday, reaching $135.19. The company had a trading volume of 1,388,445 shares, compared to its average volume of 1,074,099. The company has a market cap of $38,821.41, a P/E ratio of 29.53, a P/E/G ratio of 2.24 and a beta of 1.05. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.23. Ecolab has a 52-week low of $116.92 and a 52-week high of $137.96.
Ecolab (NYSE:ECL) last issued its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $1.37 EPS for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.01. The firm had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.55 billion. Ecolab had a return on equity of 19.05% and a net margin of 9.67%. The firm’s revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.28 EPS. equities analysts predict that Ecolab will post 4.7 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, December 19th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Monday, December 18th. This is a positive change from Ecolab’s previous quarterly dividend of $0.37. Ecolab’s payout ratio is 33.26%.
In other Ecolab news, Director David Maclennan purchased 450 shares of Ecolab stock in a transaction on Monday, November 6th. The stock was bought at an average price of $131.77 per share, for a total transaction of $59,296.50. Following the transaction, the director now owns 1,514 shares of the company’s stock, valued at approximately $199,499.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Bruno Lavandier sold 1,250 shares of the business’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $135.71, for a total value of $169,637.50. Following the transaction, the senior vice president now owns 7,725 shares of the company’s stock, valued at approximately $1,048,359.75. The disclosure for this sale can be found here. Insiders have sold a total of 57,446 shares of company stock valued at $7,886,307 in the last quarter. 1.49% of the stock is currently owned by insiders.
Ecolab Inc provides water, hygiene and energy technologies and services. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in over 170 countries.
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