Ecolab posted fourth-quarter FY22 adjusted earnings per share of $1.27, which surpassed analysts’ expectations of $1.25. Sales grew +9.1% year-on-year to $3.67 billion, vs. consensus of $3.70 billion.
For Q1 FY23, Ecolab expects adjusted earnings per share of $0.82-$0.90, compared to analysts’ forecast of $0.85.
Following their quarterly results, Ecolab shares got price target hikes from some analysts. RBC Capital increased the price target to $185 from $155, while RBC Capital analyst Ashish Sabadra upgraded the rating to Outperform from Sector Perform.
Wells Fargo boosted the price target to $175 from $168, while maintaining an Overweight rating on the stock.
Barclays raised the price target to $165 from $160, while maintaining an Equal-Weight rating on the shares.
ECL saw its Momentum Indicator move above the 0 level on October 14, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 83 similar instances where the indicator turned positive. In of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at .
The Moving Average Convergence Divergence (MACD) for ECL just turned positive on October 15, 2024. Looking at past instances where ECL's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ECL advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 305 cases where ECL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ECL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ECL broke above its upper Bollinger Band on September 23, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. ECL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (8.104) is normal, around the industry mean (3.589). P/E Ratio (47.585) is within average values for comparable stocks, (33.984). Projected Growth (PEG Ratio) (2.412) is also within normal values, averaging (6.035). Dividend Yield (0.010) settles around the average of (0.037) among similar stocks. P/S Ratio (4.263) is also within normal values, averaging (91.875).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of cleaning, sanitizing, pest control, maintenance and repair products and services
Industry ChemicalsSpecialty