Ecolab Already 4% Up, Almost One Hour Before The Market Open

(VIANEWS) – The NYSE opens in less than one hour and Ecolab‘s pre-market value is already 4.85% up.

Ecolab’s last close was $166.91, 7.15% under its 52-week high of $179.77.

The last session, NYSE finished with Ecolab (ECL) rising 0.11% to $166.91. NYSE rose 0.69% to $15,078.69, following the last session’s upward trend on what was a somewhat up trend exchanging session.

About Ecolab

Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through Global Industrial, Global Institutional & Specialty, and Global Healthcare & Life Sciences segments. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries. The Global Institutional & Specialty segment provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, government and education, and retail industries. Its Global Healthcare & Life Sciences segment offers specialized cleaning and sanitizing products to the healthcare, personal care, and pharmaceutical industries, such as infection prevention and surgical solutions, and end-to-end cleaning and contamination control solutions under the Ecolab, Microtek, and Anios brand names. The company's Other segment offers pest elimination services to detect, eliminate, and prevent pests, such as rodents and insects in restaurants, food and beverage processors, educational and healthcare facilities, hotels, quick service restaurant and grocery operations, and other institutional and commercial customers. This segment also provides colloidal silica for binding and polishing applications in semiconductor, catalyst, and aerospace component manufacturing, as well as chemical industries; and products and services that manage wash process through custom designed programs, premium products, dispensing equipment, water and energy management, and reduction, as well as real time data management. It sells its products through field sales and corporate account personnel, distributors, and dealers. Ecolab Inc. was founded in 1923 and is headquartered in Saint Paul, Minnesota.

Earnings Per Share

As for profitability, Ecolab has a trailing twelve months EPS of $4.02.

PE Ratio

Ecolab has a trailing twelve months price to earnings ratio of 41.52. Meaning, the purchaser of the share is investing $41.52 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.2%.

Volume

Today’s last reported volume for Ecolab is 705036 which is 33.62% below its average volume of 1062230.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 15, 2023, the estimated forward annual dividend rate is 2.12 and the estimated forward annual dividend yield is 1.27%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 10% and 13.1%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Ecolab’s EBITDA is 4.

More news about Ecolab (ECL).

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