The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Ecolab Inc. (ECL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$6.2, or -4.08%, to $145.6. Volume reached 11,360 shares, with price reaching a high of $149.47 and a low of $149.47. Most recently, Yahoo Finance reported about the stock as it publicized that Ecolab Schedules Webcast and Conference Call on November 1.
The company is listed on the NYSE and operates within the Specialty Chemicals industry segment. At the end of the last regular session, the stock closed at $149.47 and fluctuated between $152.28 as its day high and $149.43 as its day low. The current market capitalization of Ecolab Inc. is $43.72B. A total of 1.01 million shares were traded on the day, compared to an average of 1.09M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ECL has seen 38 BUY and 3 SELL insider trades, representing the acquisition of 508,585 and the disposition of 8,700 shares. Over the last 12 months, there were 115 BUYs and 41 SELLs from insiders. Insiders purchased 734,117 shares during that period but sold 201,821.
In the most recent transaction, Busch Angela M sold 2,300 shares of ECL for 170.66 per share on Sep 07. After the transaction, the EVP – CORP STRAT & BUS DEV now owns 16,716 company shares. In a previous transaction on Aug 22, GATES WILLIAM H III bought 21,412 shares at 169.78 per share. ECL shares that 10% Owner owns now total 31,185,554.
Among the insiders who bought shares, GATES WILLIAM H III acquired of 37,255 shares on Aug 19 at a per-share price of $172.29. This resulted in the 10% Owner holding 31,164,142 shares of ECL after the transaction. In another insider transaction, GATES WILLIAM H III bought 45,898 shares at $175.27 per share on Aug 18. Company shares held by the 10% Owner now total 31,126,887.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Ecolab Inc. pays an annual dividend of $2.04, resulting in a dividend yield of 1.36%, and it has a price to earnings (P/E) ratio of 38.98. ECL’s most recent ex-dividend date was 09/19/2022 when it declared a $0.51 quarterly dividend that was paid in cash on 10/17/2022. Previously, the company paid the dividend on 07/15/2022 with an ex-dividend date of 06/17/2022. The dividend was $0.51 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ECL in the last 3 months, the mean price target is $179.79 with high estimates of $198.00 and low estimates of $163.00. In terms of 52-week highs and lows, ECL has a high of $238.93 and a low of $143.82.
As of this writing, ECL has an earnings estimate of $1.33 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.36 per share and a lower estimate of $1.31. The company reported an EPS of $1.1 in the last quarter, which was 1.85% higher than expectations of $1.08.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 25 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ECL is Sell with a score of 3.95. A total of 8 analysts rated the stock as Buy while 3 rated it as Overweight while 13 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.