Media coverage about Ecolab (NYSE:ECL) has been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ecolab earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 45.9850598596458 out of 100, meaning that recent media 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 headlines that may have impacted Accern Sentiment’s rankings:
Several research firms have commented on ECL. Citigroup downgraded shares of Ecolab from a “buy” rating to a “neutral” rating in a research note on Friday, January 5th. Barclays restated a “buy” rating and issued a $150.00 price target on shares of Ecolab in a research note on Wednesday, December 27th. Royal Bank of Canada boosted their price target on shares of Ecolab from $137.00 to $143.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 7th. Zacks Investment Research upgraded shares of Ecolab from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Finally, UBS Group boosted their price target on shares of Ecolab from $147.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $137.21.
Shares of Ecolab (NYSE ECL) traded up $0.39 during mid-day trading on Wednesday, hitting $137.43. 1,130,000 shares of the company were exchanged, compared to its average volume of 1,040,000. The company has a current ratio of 1.23, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $39,710.00, a P/E ratio of 30.95, a P/E/G ratio of 2.04 and a beta of 1.05. Ecolab has a 12-month low of $117.55 and a 12-month high of $138.68.
Ecolab (NYSE:ECL) last issued its earnings results on Tuesday, October 31st. The basic materials company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 9.67% and a return on equity of 19.05%. The company’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.28 earnings per share. equities analysts expect that Ecolab will post 4.7 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Tuesday, December 19th were paid a dividend of $0.41 per share. The ex-dividend date was Monday, December 18th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.19%. This is an increase from Ecolab’s previous quarterly dividend of $0.37. Ecolab’s payout ratio is presently 33.33%.
In other Ecolab news, SVP Bruno Lavandier sold 1,250 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $135.71, for a total value of $169,637.50. Following the completion of the transaction, the senior vice president now owns 7,725 shares in the company, valued at $1,048,359.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David Maclennan acquired 450 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was bought at an average price of $131.77 per share, with a total value of $59,296.50. Following the purchase, the director now directly owns 1,514 shares of the company’s stock, valued at $199,499.78. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 57,446 shares of company stock valued at $7,886,307. Insiders own 1.49% of the company’s stock.
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Ecolab Company Profile
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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