Healthcare Watch: Ecolab Inc. (NYSE:ECL)

[Benzinga] Barclays commented on Ecolab Inc. (NYSE:ECL) Friday and maintained an Overweight rating while cutting its price target from $124 to $120.

Analyst Manav Patnaik lowered the FY 2015 “estimates for ECL’s Energy segment (30 percent of company) from 10.5 percent to a “worst case” 3-4 percent scenario (but recover to HSD thereafter; in-line with the HSD growth ECL talked about with oil at the $70-75 level).” To view the full article click here.

Ecolab Inc. (NYSE:ECL), On 10/28/2014, ECL reported 3 quarter 2014 earnings of $1.21 per share. This result was in-line with the consensus of the 18 analysts following the company and beat last year’s 3 quarter results by 16.35%. The next tentative earnings announcement is expected on 02/19/2015.

ECL’s PE ratio is in-line with the Personal & Household Prods. industry average and implies that investors do not see anything special about this company’s prospects. Additionally, during the past year, earnings growth has outpaced its historical five year growth rate.

Ecolab Inc.‘s PE ratio is among the lowest of any stock in the Semiconductors industry and signals that investors have not been willing to pay a premium for this company’s business prospects. Additionally, during the past year, earnings growth has outpaced its historical five year growth rate.

In terms of ratings, there are eighteen analysts that cover the stock which have provided Q4 2014 earnings per share estimates. The consensus anticipated number for the upcoming quarter is $01.20. The highest estimate is $1.22 while the lowest is $1.16. The company has a one year EPS growth rate of 34.40% and a five year EPS growth rate of 11.97%.

Ecolab Inc. (NYSE:ECL) develops and markets products and services for the hospitality, foodservice, healthcare and industrial markets. The Company provides cleaning and sanitizing products and programs, as well as pest elimination, equipment maintenance and repair services primarily to customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care, commercial facilities management and vehicle wash sectors. The Company business segments include United States Cleaning & Sanitizing segment, United States Other Services segment, International segment, Water Services segment, Paper Services segment and Energy Services segment. In March 2014, the Company acquired AK Kraus & Hiller Schadlingsbekampfung.