Why Ecolab Stock Is Sinking Today
Shares of leading sustainability juggernaut (NYSE: ECL) were down 4% at 11 a.m. ET on Tuesday, according to data provided by S&P Global Market Intelligence.
Ecolab reported second-quarter earnings that fell just shy of analysts' expectations, with earnings per share (EPS) just $0.01 short.
However, the market's reaction to this miss may have more to do with Ecolab's lofty valuation of 35 times earnings, especially with minimal sales growth at the moment.
Source Fool.com
Ecolab Inc. Aktie
242,20 €
-0,61 %
Klare Kaufstimmung: Ecolab Inc. hat 26 Buy-Einschätzungen und keine Sell-Einschätzung.
Bei einem Kursziel von 273 € ergibt sich ein leicht positives Potenzial von 12.72% im Vergleich zum aktuellen Kurs von 242.2 € für Ecolab Inc..
