Ecolab (ECL) Scheduled to Post Earnings on Tuesday

Ecolab (NYSE:ECL) is set to release its earnings data before the market opens on Tuesday, April 30th. Analysts expect Ecolab to post earnings of $1.02 per share for the quarter. Ecolab has set its Q1 guidance at $0.98-1.06 EPS and its FY19 guidance at $5.80-6.00 EPS.

Ecolab (NYSE:ECL) last posted its quarterly earnings results on Tuesday, February 19th. The basic materials company reported $1.54 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.54. Ecolab had a net margin of 9.74% and a return on equity of 19.44%. The company had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.76 billion. During the same period in the prior year, the business posted $1.38 EPS. The firm’s revenue was up 3.1% compared to the same quarter last year. On average, analysts expect Ecolab to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

NYSE:ECL opened at $184.89 on Monday. Ecolab has a 52 week low of $135.77 and a 52 week high of $186.34. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.27 and a quick ratio of 0.85. The firm has a market cap of $53.32 billion, a P/E ratio of 35.22, a PEG ratio of 2.51 and a beta of 0.89.

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Tuesday, March 19th were issued a dividend of $0.46 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.84 dividend on an annualized basis and a yield of 1.00%. Ecolab’s dividend payout ratio is currently 35.05%.

A number of research firms recently commented on ECL. Zacks Investment Research lowered shares of Ecolab from a “hold” rating to a “sell” rating in a report on Wednesday, April 24th. Nomura upgraded shares of Ecolab from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $170.00 to $210.00 in a report on Thursday, April 18th. Robert W. Baird set a $166.00 price objective on shares of Ecolab and gave the stock a “hold” rating in a report on Wednesday, February 20th. Credit Suisse Group set a $154.00 price objective on shares of Ecolab and gave the stock an “in-line” rating in a report on Wednesday, February 20th. Finally, Edward Jones lowered shares of Ecolab from a “buy” rating to a “hold” rating in a report on Friday, April 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $168.64.

In other news, CEO Douglas M. Baker, Jr. sold 157,125 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $170.14, for a total value of $26,733,247.50. Following the sale, the chief executive officer now directly owns 536,060 shares of the company’s stock, valued at approximately $91,205,248.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Roberto Inchaustegui sold 37,200 shares of the company’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $169.08, for a total transaction of $6,289,776.00. Following the completion of the sale, the executive vice president now directly owns 41,232 shares in the company, valued at $6,971,506.56. The disclosure for this sale can be found here. Insiders sold a total of 303,489 shares of company stock valued at $51,945,415 over the last 90 days. Company insiders own 1.52% of the company’s stock.

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About Ecolab

Ecolab Inc provides water, hygiene, and energy technologies and services worldwide. The company operates through Global Industrial, Global Institutional, Global Energy, and Other segments. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions primarily to industrial customers within the manufacturing, food and beverage processing, transportation, chemical, primary metals and mining, power generation, pulp and paper, pharmaceutical, and commercial laundry.

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Earnings History for Ecolab (NYSE:ECL)

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