Ecolab (ECL) has been a solid addition to portfolios with a 37% gain over a year. Notable acquisitions of ECL shares have been made by Avantax Advisory Services Inc. and Quest Partners LLC. RBC Capital and Royal Bank of Canada have consistently given ECL an 'Outperform' rating, with UBS Group raising the price target to $270. This positive reception is due to ECL regularly beating Wall Street's earnings and revenue estimates. Furthermore, Ecolab's positive projections for 2024 has attracted the attention of Dimensional Fund Advisors LP. Their promising Q1 2024 earnings exceeded expectations, with EPS beating estimates. The company also revealed a partnership with HeiQ, to create synbiotic cleaning products. Despite these accomplishments, some financial analysts voice concern about high valuations and unappealing return trends. However, others predict a bullish trend, forecasting a 15% gain in earnings. Dividends have increased to $0.57 and significant ownership is held by institutions.
Ecolab ECL News Analytics from Thu, 14 Sep 2023 07:00:00 GMT to Sat, 25 May 2024 15:24:23 GMT - Rating 9 - Innovation 7 - Information 8 - Rumor 5
