Analysts See $1.55 EPS for Ecolab Inc. (ECL)

October 2, 2018 - By Ruchi Gupta

Ecolab Inc. (NYSE:ECL) LogoInvestors sentiment increased to 1.06 in Q2 2018. Its up 0.09, from 0.97 in 2018Q1. It increased, as 30 investors sold Ecolab Inc. shares while 302 reduced holdings. 84 funds opened positions while 267 raised stakes. 210.60 million shares or 0.24% less from 211.10 million shares in 2018Q1 were reported.
Palisade Asset Limited Com accumulated 28,584 shares. Reliance Tru Of Delaware holds 8,146 shares. Synovus Finance holds 50,694 shares. Robecosam Ag reported 278,215 shares. Victory Cap Management invested in 0.03% or 93,624 shares. Idaho-based Caprock Grp Inc has invested 0.06% in Ecolab Inc. (NYSE:ECL). Commerzbank Aktiengesellschaft Fi holds 76,245 shares. Logan Cap Mgmt reported 0.35% of its portfolio in Ecolab Inc. (NYSE:ECL). Tt Intl reported 59,447 shares. Telemus Capital Lc holds 0.03% or 3,024 shares in its portfolio. 1,480 are held by Wesbanco National Bank. Rhumbline Advisers has 520,407 shares for 0.15% of their portfolio. 5.95M were accumulated by Clearbridge Investments Limited. Moreover, Horizon Investments Ltd Liability has 0.11% invested in Ecolab Inc. (NYSE:ECL) for 18,397 shares. Caledonia Public Ltd Com reported 109,000 shares.

Since August 27, 2018, it had 0 insider buys, and 5 insider sales for $11.06 million activity. Another trade for 9,317 shares valued at $1.43M was made by Berger Larry L on Monday, September 10. Mulhere Timothy P also sold $1.50M worth of Ecolab Inc. (NYSE:ECL) shares. HIGGINS ARTHUR J sold 8,700 shares worth $1.30M. Brown Darrell R sold $1.77M worth of stock or 11,800 shares.

Analysts expect Ecolab Inc. (NYSE:ECL) to report $1.55 EPS on October, 30.They anticipate $0.18 EPS change or 13.14 % from last quarter’s $1.37 EPS. ECL’s profit would be $447.80 million giving it 25.40 P/E if the $1.55 EPS is correct. After having $1.27 EPS previously, Ecolab Inc.’s analysts see 22.05 % EPS growth. The stock increased 0.07% or $0.11 during the last trading session, reaching $157.51. About 85,371 shares traded. Ecolab Inc. (NYSE:ECL) has risen 19.80% since October 2, 2017 and is uptrending. It has outperformed by 4.18% the S&P500.

Ecolab Inc. (NYSE:ECL) Ratings Coverage

Among 7 analysts covering Ecolab (NYSE:ECL), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Ecolab had 15 analyst reports since April 19, 2018 according to SRatingsIntel. The stock of Ecolab Inc. (NYSE:ECL) has “Neutral” rating given on Wednesday, August 1 by JP Morgan. J.P. Morgan downgraded the shares of ECL in report on Friday, June 22 to “Sell” rating. Credit Suisse maintained Ecolab Inc. (NYSE:ECL) on Wednesday, May 2 with “Neutral” rating. The firm has “Hold” rating given on Wednesday, May 2 by J.P. Morgan. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, May 2. The stock of Ecolab Inc. (NYSE:ECL) earned “Underweight” rating by JP Morgan on Friday, June 22. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, May 8 report. Nomura maintained Ecolab Inc. (NYSE:ECL) rating on Monday, August 13. Nomura has “Neutral” rating and $153 target. The rating was maintained by Nomura on Thursday, June 28 with “Neutral”. Credit Suisse maintained it with “Neutral” rating and $142 target in Wednesday, August 1 report.

Ecolab Inc. provides water, hygiene, and energy technologies and services for clients worldwide. The company has market cap of $45.51 billion. The firm operates in three divisions: Global Industrial, Global Institutional, and Global Energy. It has a 29.64 P/E ratio. The Global Industrial segment provides water treatment and process applications, and cleaning and sanitizing solutions primarily to large industrial clients within the manufacturing, food and beverage processing, chemical, mining and primary metals, power generation, pulp and paper, and commercial laundry industries.

More news for Ecolab Inc. (NYSE:ECL) were recently published by: Benzinga.com, which released: “10 Biggest Price Target Changes For Tuesday” on October 02, 2018. 247Wallst.com‘s article titled: “Top Analyst Upgrades and Downgrades: Boston Scientific, Etsy, General Electric, Morgan Stanley, SeaWorld, Skechers …” and published on October 02, 2018 is yet another important article.

Ecolab Inc. (NYSE:ECL) Institutional Positions Chart

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