How Have the Numbers Shaped Up for Ecolab (NYSE:ECL)

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Earnings results for Ecolab (NYSE:ECL)

Ecolab Inc. is expected* to report earnings on 10/27/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 10 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.09. The reported EPS for the same quarter last year was $1.71.

Ecolab last released its earnings results on July 28th, 2020. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by $0.20. The business earned $2.69 billion during the quarter, compared to analysts’ expectations of $2.58 billion. Its quarterly revenue was down 28.6% on a year-over-year basis. Ecolab has generated $5.82 earnings per share over the last year. Ecolab has confirmed that its next quarterly earnings report will be published on Tuesday, October 27th, 2020.

Analyst Opinion on Ecolab (NYSE:ECL)

17 Wall Street analysts have issued ratings and price targets for Ecolab in the last 12 months. Their average twelve-month price target is $188.92, predicting that the stock has a possible downside of 4.67%. The high price target for ECL is $230.00 and the low price target for ECL is $152.00. There are currently 1 sell rating, 13 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Ecolab has received a consensus rating of Hold. The company’s average rating score is 2.12, and is based on 3 buy ratings, 13 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $188.92, Ecolab has a forecasted downside of 4.7% from its current price of $198.17. Ecolab has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Ecolab (NYSE:ECL)

Ecolab has a dividend yield of 0.92%, which is in the bottom 25% of all stocks that pay dividends. Ecolab does not have a long track record of dividend growth. The dividend payout ratio of Ecolab is 32.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ecolab will have a dividend payout ratio of 36.15% next year. This indicates that Ecolab will be able to sustain or increase its dividend.

Insiders buying/selling: Ecolab (NYSE:ECL)

In the past three months, Ecolab insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,169,060.00 in company stock. Only 1.22% of the stock of Ecolab is held by insiders. 74.16% of the stock of Ecolab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Ecolab (NYSE:ECL

Earnings for Ecolab are expected to grow by 27.45% in the coming year, from $4.08 to $5.20 per share. The P/E ratio of Ecolab is -67.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Ecolab is -67.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Ecolab has a PEG Ratio of 4.93. PEG Ratios above 1 indicate that a company could be overvalued. Ecolab has a P/B Ratio of 6.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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