ECL Price Prediction Next Week
Ecolab Inc. (ECL) Stock Price Prediction and Recommendation
Technical Analysis:
- RSI (14): 65.17 (above 70 indicates overbought conditions, suggesting potential pullback).
- MACD (12,26): Positive but with a declining histogram, indicating weakening upward momentum.
- Fibonacci Levels: Resistance at $272.12 (R1) and support at $264.35 (S1).
- Price Action: The stock closed at $269.26 on March 7, showing a bullish trend but nearing overbought territory.
News and Fundamental Analysis:
- Earnings Report: Ecolab reported strong Q4 sales growth of 4%, beating estimates, with management expressing confidence in 2025 performance.
- Insider Activity: Significant insider selling, with EVP selling 10,858 shares, raising caution.
- Institutional Sentiment: Mixed, with more institutions reducing positions than increasing them.
Prediction and Recommendation:
- Price Range Next Week: Expected to trade between $264 and $272.
- Recommendation: Sell at resistance near $272, as overbought conditions and insider selling may lead to a pullback. Consider buying if it dips to support levels around $264.
Conclusion:
ECL is likely to face resistance at $272 next week. Sell near resistance or buy on dips to $264.
ECL Similar Chart Price Prediction
The price of ECL is predicted to go up 4.25%, based on the high correlation periods with WTM. The similarity of these two price pattern on the periods is 98.48%.
ECL
WTM
Up: 4.25%Similarity: 98.48%
ECL Revenue Forecast
ECL EPS Forecast
ECL FAQs
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ECL VS S&P500
Ecolab's focus on delivering savings on labor, energy, and water for customers makes the firm's products and services attractive even during economic slowdowns.
Ecolab's customers are willing to pay a premium to protect their own brand reputations. For example, a restaurant knows what a food contamination incident can do to its standing with customers.
Rising fresh water costs will drive demand for industrial water management systems. Ecolab's water management systems will be able to save its customers water and energy costs, which will increase water business profits.
ECL Analyst's Forecast
John McNulty
BMO Capital
Buy
2025-03-03
Price Target
$295 → $305
Upside
+13.19%
BMO Capital raised the firm's price target on Ecolab to $305 from $295 and keeps an Outperform rating on the shares. The firm's recent meeting with the company management has left it with a greater appreciation for Ecolab's ability to post mid-teens EPS growth for the foreseeable future driven by higher pricing, innovation/new platforms driving revenue and margins, and internal efficiencies, the analyst tells investors in a research note.
Charles Neivert
Piper Sandler
Buy
2025-02-24
Price Target
$270 → $310
Upside
+17.51%
Shlomo Rosenbaum
Stifel
Strong Buy
2025-02-12
Price Target
$285 → $307
Upside
+15.96%
