Analysts expect that Ecolab Inc. (NYSE:ECL) will post earnings of $1.40 per share for the current quarter, according to Zacks. Seven analysts have provided estimates for Ecolab’s earnings. The lowest EPS estimate is $1.39 and the highest is $1.43. Ecolab reported earnings of $1.25 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 12%. The business is scheduled to issue its next earnings report on Tuesday, February 20th.

On average, analysts expect that Ecolab will report full-year earnings of $4.70 per share for the current fiscal year, with EPS estimates ranging from $4.69 to $4.73. For the next fiscal year, analysts anticipate that the firm will report earnings of $5.31 per share, with EPS estimates ranging from $5.20 to $5.40. Zacks’ earnings per share averages are an average based on a survey of analysts that that provide coverage for Ecolab.

Ecolab (NYSE:ECL) last posted its quarterly earnings results on Tuesday, October 31st. The basic materials company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.36 by $0.01. Ecolab had a return on equity of 19.05% and a net margin of 9.67%. The business had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the firm earned $1.28 EPS. The company’s quarterly revenue was up 5.2% compared to the same quarter last year.

Several research analysts have recently commented on ECL shares. Zacks Investment Research lowered Ecolab from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Robert W. Baird restated a “hold” rating and issued a $140.00 price objective on shares of Ecolab in a report on Thursday, October 12th. Stifel Nicolaus restated a “hold” rating and issued a $140.00 price objective on shares of Ecolab in a report on Wednesday, November 1st. Jefferies Group boosted their price objective on shares of Ecolab from $130.00 to $140.00 and gave the company a “hold” rating in a report on Wednesday, November 1st. Finally, Barclays boosted their price objective on shares of Ecolab from $135.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $137.21.

In other Ecolab news, Director David Maclennan purchased 450 shares of the business’s stock in a transaction on Monday, November 6th. The shares were bought at an average cost of $131.77 per share, for a total transaction of $59,296.50. Following the completion of the purchase, the director now directly owns 1,514 shares of the company’s stock, valued at $199,499.78. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Bruno Lavandier sold 347 shares of the business’s 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 sale, the senior vice president now owns 7,615 shares in the company, valued at $1,026,273.55. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 57,446 shares of company stock worth $7,886,307. 1.49% of the stock is owned by insiders.

A number of large investors have recently modified their holdings of the business. YHB Investment Advisors Inc. increased its stake in Ecolab by 0.4% during the fourth quarter. YHB Investment Advisors Inc. now owns 113,444 shares of the basic materials company’s stock worth $15,222,000 after purchasing an additional 470 shares during the period. Gofen & Glossberg LLC IL increased its stake in Ecolab by 0.5% during the fourth quarter. Gofen & Glossberg LLC IL now owns 207,246 shares of the basic materials company’s stock worth $27,808,000 after purchasing an additional 955 shares during the period. Atria Investments LLC increased its stake in Ecolab by 14.5% during the fourth quarter. Atria Investments LLC now owns 4,928 shares of the basic materials company’s stock worth $661,000 after purchasing an additional 625 shares during the period. Nisa Investment Advisors LLC increased its stake in Ecolab by 1.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 115,451 shares of the basic materials company’s stock worth $15,491,000 after purchasing an additional 1,350 shares during the period. Finally, Chelsea Counsel Co. purchased a new stake in Ecolab during the fourth quarter worth about $201,000. Institutional investors own 76.57% of the company’s stock.

Ecolab (NYSE ECL) traded up $0.65 during midday trading on Tuesday, hitting $137.68. The stock had a trading volume of 1,266,900 shares, compared to its average volume of 1,019,544. Ecolab has a fifty-two week low of $117.55 and a fifty-two week high of $138.12. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.23. The stock has a market cap of $39,750.00, a price-to-earnings ratio of 31.01, a PEG ratio of 2.04 and a beta of 1.05.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Tuesday, December 19th will be issued a $0.41 dividend. This is a positive change from Ecolab’s previous quarterly dividend of $0.37. This represents a $1.64 annualized dividend and a yield of 1.19%. The ex-dividend date is Monday, December 18th. Ecolab’s payout ratio is 33.33%.

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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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Earnings History and Estimates for Ecolab (NYSE:ECL)

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