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Tuesday, June 6, 2023

Taking On Challenges And Growing? – Ecolab Inc. (ECL)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 -$0.44, or -0.26%, to $167.40. The Ecolab Inc. has recorded 48,734 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Ecolab to Webcast Annual Meeting on May 4, 2023.

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Stocks Info

This NYSE-listed company operates within the Specialty Chemicals industry segment, falling under the Basic Materials sector. At the end of the last regular session, the stock closed at $167.84 and fluctuated between $168.26 as its day high and $166.04 as its day low. The current market capitalization of Ecolab Inc. is $47.30B. A total of 1.2 million shares were traded on the day, compared to an average of 1.16M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, ECL has seen 15 BUY and 15 SELL insider trades, representing the acquisition of 33,240 and the disposition of 16,118 shares. Over the last 12 months, there were 88 BUYs and 23 SELLs from insiders. Insiders purchased 583,202 shares during that period but sold 43,293.

In the most recent transaction, Berger Larry L sold 4,404 shares of ECL for 162.95 per share on Mar 03. After the transaction, the EVP & CHIEF TECHNICAL OFFICER now owns 12,442 company shares. In a previous transaction on Nov 08, MacLennan David bought 800 shares at 139.66 per share. ECL shares that Director owns now total 12,597.

Among the insiders who sold shares, Busch Angela M disposed of 2,300 shares on Sep 07 at a per-share price of $170.66. This resulted in the EVP – CORP STRAT & BUS DEV holding 16,716 shares of ECL after the transaction. In another insider transaction, GATES WILLIAM H III bought 21,412 shares at $169.78 per share on Aug 22. Company shares held by the 10% Owner now total 31,185,554.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Ecolab Inc. pays an annual dividend of $2.12, resulting in a dividend yield of 1.26%, and it has a price to earnings (P/E) ratio of 44.04. ECL’s most recent ex-dividend date was 3/20/2023 when it declared a $0.53 quarterly dividend that was paid in cash on 4/17/2023. Previously, the company paid the dividend on 1/17/2023 with an ex-dividend date of 12/19/2022. The ECL stock dividend was $0.53 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for ECL in the last 3 months, the mean price target is $169.10 with high estimates of $190.00 and low estimates of $145.00. In terms of 52-week highs and lows, ECL has a high of $178.06 and a low of $131.04.

As of this writing, ECL has an earnings estimate of $0.86 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $0.89 per share and a lower estimate of $0.82. The company reported an EPS of $1.3 in the last quarter, which was -0.80% lower than expectations of $1.31.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ECL’s latest balance sheet shows that the firm has $359.90M in Cash & Short Term Investments as of fiscal 2021. There were $9.04B in debt and $3.55B in liabilities at the time. Its Book Value Per Share was $25.43, while its Total Shareholder’s Equity was $7.25B.

Analysts Opinion

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. 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 3.89. A total of 9 analysts rated the stock as Buy while 2 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.

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