BidaskClub cut shares of US Ecology (NASDAQ:ECOL) from a sell rating to a strong sell rating in a research report released on Friday, November 15th, BidAskClub reports.
Several other analysts have also recently issued reports on ECOL. UBS Group set a $63.00 price objective on shares of US Ecology and gave the company a hold rating in a research note on Friday, November 1st. ValuEngine raised shares of US Ecology from a hold rating to a buy rating in a research note on Thursday, August 1st. Finally, Zacks Investment Research cut shares of US Ecology from a hold rating to a strong sell rating in a research note on Wednesday, November 6th.
NASDAQ ECOL traded down $0.49 on Friday, reaching $54.50. 2,697 shares of the company’s stock traded hands, compared to its average volume of 182,203. The stock has a 50 day moving average price of $60.27 and a 200-day moving average price of $60.87. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 23.75 and a beta of 0.54. US Ecology has a fifty-two week low of $53.48 and a fifty-two week high of $70.48. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.03 and a current ratio of 2.03.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.01. US Ecology had a net margin of 8.22% and a return on equity of 13.61%. The business had revenue of $167.40 million during the quarter, compared to the consensus estimate of $161.25 million. During the same quarter in the prior year, the firm posted $0.61 earnings per share. The company’s revenue was up 10.6% compared to the same quarter last year. As a group, equities research analysts anticipate that US Ecology will post 2.2 EPS for the current fiscal year.
A number of institutional investors have recently added to or reduced their stakes in ECOL. American Research & Management Co. acquired a new stake in shares of US Ecology in the 2nd quarter valued at $36,000. US Bancorp DE raised its holdings in shares of US Ecology by 20.0% in the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock valued at $73,000 after purchasing an additional 206 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of US Ecology in the 1st quarter valued at $77,000. First Mercantile Trust Co. grew its position in shares of US Ecology by 13.5% in the 2nd quarter. First Mercantile Trust Co. now owns 1,510 shares of the business services provider’s stock valued at $90,000 after buying an additional 180 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of US Ecology by 27.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after buying an additional 317 shares during the last quarter. Institutional investors own 89.44% of the company’s stock.
About US Ecology
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, and Mexico. It operates through two segments, Environmental Services, and Field & Industrial Services. The Environmental Services segment offers hazardous material management services, including transportation, recycling, treatment, and disposal of hazardous, non-hazardous, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.
Read More: Debt-To-Equity Ratio
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