Ecolab Inc. (NYSE: ECL) has reported E.P.S. of $1.44 for its first fiscal quarter (ending March 31) versus $0.82 for the same period a year ago — an increase of 76%. Relative to the consensus estimate of $1.54, this was a shortfall of $-0.10. For the latest four quarters through March 31, E.P.S. were $5.44 compared to $4.05 a year ago — an increase of 34%.
Recent Price Action
On 4/30/24, Ecolab Inc. (NYSE: ECL) stock enjoyed a large increase of 2.0%, closing at $226.15. Moreover, unusually high trading volume at 194% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.1% during the last week.
Current PriceTarget Research Rating
ECL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Ecolab has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Ecolab has a very low Appreciation Score of 7 but a good Power Rating of 79, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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