Is Ecolab stock a buy?
Is Ecolab stock a buy?
Ecolab has received a consensus rating of Buy. The company’s average rating score is 2.56, and is based on 9 buy ratings, 7 hold ratings, and no sell ratings.
Is Ecolab overvalued?
Year to date, Ecolab is still down over 25%, which prompted management to issue a $500 million share repurchase program in 2022. At first blush, the stock appears overvalued, trading at 21.8x EBITDA versus more of the 13-17x range prior to 2020.
Why is Ecolab stock falling?
Wide-moat Ecolab’s shares have fallen over 30% from their 52-week high as the company’s financials have been impacted by cost inflation and continued lower volumes due to the COVID-19 pandemic affecting dining and travel.
Who is the largest shareholder of Ecolab?
Top 10 Owners of Ecolab Inc
| Stockholder | Stake | Total value ($) |
|---|---|---|
| The Vanguard Group, Inc. | 7.26% | 3,520,467,682 |
| BlackRock Fund Advisors | 4.15% | 2,011,404,094 |
| SSgA Funds Management, Inc. | 3.98% | 1,930,088,550 |
| Wellington Management Co. LLP | 3.23% | 1,567,431,191 |
Why is Ecolab a good stock?
Ecolab Inc. ECL is well poised for growth in the coming quarters, backed by its solid product portfolio. A robust fourth-quarter 2021 performance, along with its strong business, is expected to contribute further. Data security threats and compliance risks persist.
Is ECL a good stock to buy now?
The financial health and growth prospects of ECL, demonstrate its potential to underperform the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.
What happened Ecolab?
Ecolab sinks as supply chain challenges hit guidance, prompt downgrade. Ecolab (ECL -5.9%) plunges to a 52-week low after cutting Q4 earnings guidance, citing supply chain disruptions, and RBC Capital analysts downgrade shares.
How much Ecolab stock Does Bill Gates Own?
Gates owns 4,366,426 shares of Ecolab, accounting for 4.46% of Bill & Melinda Gates Foundation’s portfolio.
What companies does Ecolab own?
Among the company’s most significant acquisitions are Nalco in 2011, Champion Technologies in 2013, and Laboratoires Anios in 2017. In addition, Ecolab has acquired companies serving the following markets, listed alphabetically: Food and Beverage. Global Services and Specialty.
How do I buy Ecolab stock?
To buy shares of Ecolab stock, please contact a brokerage firm. Ecolab does not offer a direct stock purchase plan at this time.
Is ECL a buy Zacks?
Zacks’ proprietary data indicates that Ecolab Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the ECL shares relative to the market in the next few months.
What sector is Ecolab in?
Our Industrial business provides water treatment and process applications, and cleaning and sanitizing solutions primarily to industrial customers within the manufacturing, food and beverage processing, chemical, primary metals, power generation, pulp and paper, mining and commercial laundry industries.
