Ecolab Inc. (NYSE: ECL) has reported E.P.S. of $2.60 for its third fiscal quarter (ending September 30) versus $1.42 for the same period a year ago — an increase of 83%. For the latest four quarters through September 30, E.P.S. were $7.18 compared to $4.32 a year ago — an increase of 66%.
Recent Price Action
On 10/29/24, Ecolab Inc. (NYSE: ECL) stock declined modestly by -1.0%, closing at $253.76. Moreover, unusually high trading volume at 173% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -2.1% during the last week.
Current PriceTarget Research Rating
ECL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Ecolab has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Ecolab has a very low Appreciation Score of 9 but a good Power Rating of 82, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment