Market Update: Ecolab Inc (NYSE:ECL) – Ecolab Releases 2015 Corporate Sustainability Report
June 20, 2016 at 08:30 AM EDT
[Business Wire] – Ecolab Inc., the global leader in water, hygiene and energy technologies and services, today released its 2015 Corporate Sustainability Report. This detailed report profiles the company’s commitment to sustainability, including the significant sustainability accomplishments achieved for customers through Ecolab’s science and service expertise. Read more on this. Ecolab Inc. (ECL) , with a current value of $35.11B, began trading this morning at $119.41. Looking at today’s trading action, the company’s one day range from $119.24 to $120.16 and has traded between $98.62 and $122.48 over the past year. Ecolab (ECL) shares are currently priced at 26.65x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 23.10x earnings multiple for the same period. The company pays shareholders $1.40 per share in dividend income per year, for a current yield of 1.18%. According to a consensus of 17 analysts, the earnings estimate of $1.08 per share would be $0.00 worse than the year-ago quarter and a $0.01 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $4.45, which would be a $0.08 better when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.34 Billion. If realized, that would be a 1.47% decrease over the year-ago quarter. More recently, Nomura Initiated ECL at Reduce (Apr 20, 2016). Previously, Sterne Agee CRT Initiated ECL at to Buy. The average price target for ECL shares is $118.89, which is 0.44% below where the stock opened this morning. See more in (NYSE:ECL) Similar Articles: Stock Update: Ecolab Inc (NYSE:ECL) – Ecolab Named a Top Green Company by Newsweek for Third Consecutive Year Company Update (NYSE:ECL): Ecolab Schedules Webcast of Industry Conference for June 15 Company Update: Ecolab Inc (NYSE:ECL) – Ecolab Schedules Webcast of Industry Conference for May 10
