- Anticipated earnings per share (EPS) for Ecolab (ECL, Financial) show a positive trend, surpassing last year's numbers.
- Despite a forecasted revenue decline, analysts remain optimistic about Ecolab's stock performance.
- The average price target predicts a significant upside from the current trading price.
Ecolab (ECL) is set to release its first-quarter earnings next Tuesday, with expectations for an EPS of $1.50, marking an impressive 11.9% increase year-over-year. However, the company projects a revenue of $3.7 billion, reflecting a 2.6% decline. Notably, EPS estimates have experienced upward revisions recently, contrasting with the downward trajectory of revenue projections.
Wall Street Analysts Forecast
According to the latest data from 20 analysts, Ecolab Inc (ECL, Financial) holds an average 12-month price target of $277.10. Price projections range from a high of $310.00 to a low of $232.96. This average target indicates a potential upside of 15.93% from the current stock price of $239.03. For more in-depth analytics and additional price estimates, visit the Ecolab Inc (ECL) Forecast page.
The overall sentiment from 27 brokerage firms places Ecolab Inc (ECL, Financial) at an average recommendation score of 2.3, which equates to an "Outperform" designation. This rating scale, which ranges from 1 (Strong Buy) to 5 (Sell), signifies a generally optimistic outlook among analysts.
Evaluating Ecolab's fair value through GuruFocus metrics reveals an estimated GF Value of $208.87 for the next year. This suggests a potential downside of 12.62% from the current share price of $239.03. The GF Value offers a comprehensive view by considering historical trading multiples, past growth, and future performance predictions of the company. To explore Ecolab's comprehensive valuation metrics, refer to the Ecolab Inc (ECL, Financial) Summary page.