Ecolab Inc. (ECL) SVP Bruno Lavandier Sells 347 Shares
Ecolab Inc. (NYSE:ECL) 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 transaction 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 approximately $1,026,273.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Ecolab Inc. (NYSE ECL) traded up $0.16 during mid-day trading on Tuesday, reaching $137.42. 1,154,549 shares of the company’s stock were exchanged, compared to its average volume of 943,221. The company has a current ratio of 1.23, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. Ecolab Inc. has a fifty-two week low of $116.42 and a fifty-two week high of $137.96. The stock has a market cap of $39,820.00, a PE ratio of 29.65, a PEG ratio of 2.25 and a beta of 1.05.
Ecolab (NYSE:ECL) last released its quarterly earnings results on Tuesday, October 31st. The basic materials company reported $1.37 EPS for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.01. Ecolab had a net margin of 9.67% and a return on equity of 19.05%. The business had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same quarter in the previous year, the company earned $1.28 EPS. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. sell-side analysts forecast that Ecolab Inc. will post 4.7 earnings per share for the current fiscal year.
Several analysts have recently issued reports on the stock. Royal Bank Of Canada boosted their price target on shares of Ecolab from $137.00 to $143.00 and gave the company an “outperform” rating in a research report on Tuesday, November 7th. Zacks Investment Research raised shares of Ecolab from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. UBS boosted their price target on shares of Ecolab from $147.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, November 1st. Barclays boosted their price target on shares of Ecolab from $135.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, November 1st. Finally, Jefferies Group boosted their price target on shares of Ecolab from $130.00 to $140.00 and gave the company a “hold” rating in a research report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $136.86.
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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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