Ecolab (NYSE:ECL) is scheduled to announce its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $1.39 per share for the quarter.
Ecolab (NYSE ECL) opened at $130.16 on Tuesday. Ecolab has a 52-week low of $120.46 and a 52-week high of $140.50. The company has a market capitalization of $37,610.00, a PE ratio of 29.32, a PEG ratio of 1.88 and a beta of 1.06. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.23 and a quick ratio of 0.83.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Tuesday, December 19th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 1.26%. This is an increase from Ecolab’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, December 18th. Ecolab’s payout ratio is presently 33.33%.
In other news, CFO Daniel J. Schmechel sold 1,708 shares of Ecolab stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $136.30, for a total value of $232,800.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Bruno Lavandier sold 347 shares of Ecolab stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $134.77, for a total value of $46,765.19. Following the completion of the sale, the senior vice president now directly owns 7,615 shares in the company, valued at $1,026,273.55. The disclosure for this sale can be found here. Insiders sold 57,446 shares of company stock worth $7,886,307 over the last ninety days. Insiders own 1.49% of the company’s stock.
Several equities analysts have recently commented on ECL shares. Barclays restated a “buy” rating and issued a $150.00 price objective on shares of Ecolab in a research report on Wednesday, December 27th. Boenning Scattergood restated a “buy” rating on shares of Ecolab in a research report on Monday, January 22nd. Royal Bank of Canada restated a “buy” rating on shares of Ecolab in a research report on Friday, January 19th. UBS Group boosted their price objective on Ecolab from $147.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded Ecolab from a “hold” rating to a “buy” rating and set a $155.00 price objective on the stock in a research report on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company’s stock. Ecolab currently has a consensus rating of “Hold” and a consensus target price of $140.07.
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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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