Ecolab stock: buy or sell?

ECL stock price: $207.50 0.58% At close on February 21st, 2020

Updated on:
February 21st, 2020

5

Ecolab inched 0.58% to $207.50 after yesterday all time highs.

Ecolab Inc. provides water, hygiene, and energy technologies and services for customers worldwide. The company operates through Global Industrial, Global Institutional, and Global Energy segments.

Should I buy Ecolab stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups match with Ecolab stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Ecolab stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't detect any rating for ECL stock for the last month.

Ecolab stock analysis

Daily outlook

After topping to all time highs yesterday, Ecolab inched 0.58% to $207.50.

After yesterday all time highs, Ecolab inched considerably to $207.50. On January/15 ECL price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Yesterday, ECL hit a new all time high, pushing higher than on February 19th tops. Check different trading setups that use ATHs as triggers.

ECL stock chart (daily)

Weekly outlook

Shares of Ecolab closed this week at $207.50 after topping to a new all time high ($211.24) and remained stable a neutral 0.09%. With this, it's been 3 climbing weeks in a row, soaring a 5.75%.

Weekly chart tells us that price finally broke over the resistance at $193.89 and continued climbing. Since mid January when ECL stock price broke up the SMA40w line, it gained $18.57 (9.83%).

ECL stock chart (weekly)

Ecolab stock price history

Ecolab stock historical price chart

ECL stock reached all-time highs yesterday with a price of $211.24.

Ecolab stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price forecast for Ecolab stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Ecolab was in line with the forecasts of the analysts and reported an EPS of $1.54 per share. Unfortunately, reported EPS is not yet available in our database.
ECL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.11n/a
2017-Q32017-10-311.361.370.7%
2017-Q42018-02-201.41.39-0.7%
2018-Q12018-05-010.880.913.4%
2018-Q22018-07-311.271.270.0%
2018-Q32018-10-301.551.53-1.3%
2018-Q42019-02-191.541.540.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Ecolab annual turnover jumped a pretty good 6.02% to $14,668.20 M dollars from $13,835.90 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) decreased a -1.13% to 9.74%.

ECL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$13,250 M-$968 M7.3%-
2014$14,281 M7.78%$1,203 M8.4%24.28%
2015$13,545 M-5.15%$1,002 M7.4%-16.69%
2016$13,153 M-2.90%$1,230 M9.3%22.70%
2017$13,836 M5.19%$1,505 M10.9%22.36%
2018$14,668 M6.02%$1,429 M9.7%-5.02%

Quarterly financial results

Ecolab reported $3,760.50 million in sales for 2018-Q4, a 0.35% up compared to previous quarter. Reported quarter income marked $395.10 M with a profit margin of 10.51%. Profit margin declined a -1.11% compared to previous quarter when profit margin was 11.62%. When comparing revenues to same quarter last year, Ecolab sales marked a tiny increase and raised a 2.99%. Looking back to recent quarterly results, Ecolab posted 3 positive quarters in a row.
ECL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$3,460 M-$297 M8.6%-
2017-Q3$3,563 M2.99%$392 M11.0%32.30%
2017-Q4$3,651 M2.47%$566 M15.5%44.34%
2018-Q1$3,471 M-4.94%$247 M7.1%-56.34%
2018-Q2$3,690 M6.30%$351 M9.5%42.05%
2018-Q3$3,747 M1.56%$435 M11.6%23.94%
2018-Q4$3,761 M0.35%$395 M10.5%-9.26%
2019-Q1$3,505 M-6.78%$297 M8.5%-24.96%

Ecolab ownership

When you are planning to invest in a company, it's always worth to have a look its ownership structure.

Ecolab shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.47% of all shares.

Bearish positions for ECL stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

ECL
Market cap$59.8 B
Total shares288.2 M
Float shares286.8 M
  - Institutional holdings (%)88.5%
  - Insider holdings (%)0.5%
Shares in short selling0.0%

Ecolab summary

Friday, February 21st, 2020
Open$205.81
Close$207.50
Day range$205.59 - $208.83
Previous close$206.31
Session gain0.58%
Average true range$3.22
50d mov avg$195.56
100d mov avg$192.66
200d mov avg$193.77
Daily pattern
Weekly pattern lb01c

Ecolab performance

To measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare Ecolab to :
Stock3m6m12m
ECLEcolab13.98%3.32%25.47%

Ecolab competitors

Unfortunately, we could not find any public company that could be defined as Ecolab competitor. This doesn't mean Ecolab does not have any competitor in the market, it's just we could not detected it.