Ecolab Inc. (ECL): Today's Featured Consumer Non-Durables Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day down 1.9%. By the end of trading, Ecolab fell $1.84 (-2.0%) to $90.60 on light volume. Throughout the day, 710,528 shares of Ecolab exchanged hands as compared to its average daily volume of 1,131,400 shares. The stock ranged in price between $90.56-$91.88 after having opened the day at $91.67 as compared to the previous trading day's close of $92.44. Other companies within the Consumer Non-Durables industry that declined today were:
(
), down 27.5%,
(
), down 7.5%,
(
), down 5.5% and
(
), down 4.7%.
Ecolab Inc. develops and markets programs, products, and services for hospitality, foodservice, healthcare, industrial, and energy markets worldwide. It operates through four segments: Global Industrial, Global Institutional, Global Energy, and Other. Ecolab has a market cap of $27.6 billion and is part of the consumer goods sector. Shares are up 27.6% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Ecolab a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Ecolab
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Ecolab Ratings Report.
On the positive front,
(
), up 6.6%,
(
), up 3.6%,
(
), up 3.5% and
(
), up 2.7% , were all gainers within the consumer non-durables industry with
(
) being today's featured consumer non-durables industry leader.
- Use our consumer non-durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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