A new trading day began on Tuesday, with Ecolab, Inc. (NYSE: ECL) stock price down -1.41% from the previous day of trading, before settling in for the closing price of $244.64. ECL’s price has ranged from $156.72 to $245.93 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 1.38%. Meanwhile, its annual earnings per share averaged 26.64%. With a float of $253.96 million, this company’s outstanding shares have now reached $285.45 million.
The extent of productivity of a business whose workforce counts for 48000 workers is very important to gauge.
Ecolab, Inc. (ECL) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Chemicals Industry. The insider ownership of Ecolab, Inc. is 11.07%, while institutional ownership is 79.94%. The most recent insider transaction that took place on May 06 ’24, was worth 1,023,854. In this transaction Director of this company sold 4,500 shares at a rate of $227.52, taking the stock ownership to the 25,548 shares. Before that another transaction happened on May 03 ’24, when Company’s Director bought 650 for $227.37, making the entire transaction worth $147,788. This insider now owns 17,111 shares in total.
Ecolab, Inc. (ECL) Performance Highlights and Predictions
In its latest quarterly report, released on 3/31/2024, the company reported earnings of 1.24 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.8 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.59% during the next five years compared to -0.37% drop over the previous five years of trading.
Ecolab, Inc. (NYSE: ECL) Trading Performance Indicators
Here are Ecolab, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.44. Likewise, its price to free cash flow for the trailing twelve months is 33.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.40, a number that is poised to hit 1.67 in the next quarter and is forecasted to reach 7.44 in one year’s time.
Technical Analysis of Ecolab, Inc. (ECL)
The latest stats from [Ecolab, Inc., ECL] show that its last 5-days average volume of 1.74 million was superior to 1.18 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.82%. Additionally, its Average True Range was 3.28.
During the past 100 days, Ecolab, Inc.’s (ECL) raw stochastic average was set at 90.59%, which indicates a significant increase from 58.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.70% in the past 14 days, which was lower than the 19.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $231.72, while its 200-day Moving Average is $204.54. Now, the first resistance to watch is $243.70. This is followed by the second major resistance level at $246.22. The third major resistance level sits at $247.82. If the price goes on to break the first support level at $239.58, it is likely to go to the next support level at $237.98. Assuming the price breaks the second support level, the third support level stands at $235.46.
Ecolab, Inc. (NYSE: ECL) Key Stats
With a market capitalization of 68.87 billion, the company has a total of 285,570K Shares Outstanding. Currently, annual sales are 15,320 M while annual income is 1,372 M. The company’s previous quarter sales were 3,752 M while its latest quarter income was 412,100 K.
