financetom
Business
financetom
/
Business
/
Ecolab Well-Positioned for Future Growth, Faces Short-Term Challenges, RBC Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ecolab Well-Positioned for Future Growth, Faces Short-Term Challenges, RBC Says
Jan 10, 2025 10:36 AM

01:21 PM EST, 01/10/2025 (MT Newswires) -- Ecolab ( ECL ) is expected to achieve stable volume and pricing growth during 2025, keeping the cleaning supplies company on track for moderate improvement, though it may still fall slightly short of consensus expectations for the next 12 months, analysts at RBC Capital Markets said in an earnings preview.

For Q4, RBC models $3.97 billion in revenues, slightly below the consensus of $4.03 billion, mainly due to foreign currency exchange headwinds of about 1%. The analysts also estimate adjusted EPS of $1.79, slightly below the consensus of $1.80.

RBC analysts said in a Thursday note that it expects Ecolab ( ECL ) to earn between $7.25 and $7.45 per share in fiscal 2025, excluding one-time items, which is slightly below the consensus estimate of $7.49 per share.

RBC maintained outperform rating for the company's stock but trimmed price target for Ecolab ( ECL ) shares to $294 from $306 previously, explaining the new target reflects a multiple of 35 times their estimated 2026 earnings of $8.40 per share.

Looking farther out, the RBC analysts said Ecolab ( ECL ) is "well positioned" to operate within a market with flat to slightly rising demand while keeping a lid on costs. They also see the company ably managing price increases and winning over new business, adding they believe its "continued focus on innovation" and other improvements "will help the company achieve long-term organic sale sales growth of 5% to 7%.

Price: 230.78, Change: -3.79, Percent Change: -1.62

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BHP bets billions on Chile mines to face global copper crunch
BHP bets billions on Chile mines to face global copper crunch
Nov 22, 2024
* BHP plans at least $11-billion investment in Chilean copper mines * Global copper deficit expected to reach 10 million metric tons by 2035 * BHP faces diminishing ore grades at Escondida mine By Fabian Cambero and Daina Beth Solomon SANTIAGO, Nov 22 (Reuters) - BHP Group ( BHP ) expects a global copper deficit of 10 million metric tons...
EU antitrust regulators set to okay $16.5 bln Novo Holdings, Catalent deal, source says
EU antitrust regulators set to okay $16.5 bln Novo Holdings, Catalent deal, source says
Nov 22, 2024
BRUSSELS/LONDON, Nov 22 (Reuters) - EU antitrust regulators are set to clear without conditions Novo Holdings' planned $16.5 billion takeover of Catalent ( CTLT ), a person with direct knowledge of the matter said on Friday. Novo Holdings is the controlling shareholder of Danish drugmaker Novo Nordisk, whose profits from blockbuster weight-loss drug Wegovy has made it Europe's most valuable...
Procter & Gamble doubles down on China's TikTok to reverse sales slump
Procter & Gamble doubles down on China's TikTok to reverse sales slump
Nov 22, 2024
* P&G expands presence on Douyin amid China's economic slowdown * P&G adapts marketing strategy to China's e-commerce shift * China revenue was down 15% in quarter ended September 30 * Sales from China made up 7% of P&G's total fiscal 2024 sales, down from past By Jessica DiNapoli NEW YORK, Nov 22 (Reuters) - Procter & Gamble ( PG...
RBC Takeaways on CN Rail Roadshow Meetings
RBC Takeaways on CN Rail Roadshow Meetings
Nov 22, 2024
12:36 PM EST, 11/22/2024 (MT Newswires) -- RBC says the key takeaways from its roadshow meetings with CN Rail management have reinforced its positive investment thesis on the company. CN Rail spoke of a ramp in volumes as the labour disruptions at the ports clear; and with operations running fluidly (best since 2018 on velocity), we believe the setup for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved