US Ecology (NASDAQ:ECOL) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.
Other equities analysts also recently issued reports about the company. Stifel Nicolaus downgraded US Ecology from a “buy” rating to a “hold” rating and dropped their price target for the stock from $42.00 to $31.00 in a research note on Tuesday, October 19th. Zacks Investment Research downgraded US Ecology from a “hold” rating to a “strong sell” rating in a research note on Friday, January 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $36.67.
US Ecology stock opened at $28.17 on Wednesday. The firm has a market cap of $887.69 million, a price-to-earnings ratio of -9.65 and a beta of 1.13. The stock has a fifty day simple moving average of $31.11 and a two-hundred day simple moving average of $33.33. US Ecology has a 12 month low of $26.26 and a 12 month high of $45.72. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.22.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company lifted its position in US Ecology by 1.8% during the second quarter. The Manufacturers Life Insurance Company now owns 18,105 shares of the business services provider’s stock valued at $679,000 after purchasing an additional 319 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in US Ecology by 6.4% during the third quarter. PNC Financial Services Group Inc. now owns 6,201 shares of the business services provider’s stock valued at $201,000 after purchasing an additional 373 shares in the last quarter. Captrust Financial Advisors lifted its position in US Ecology by 28.2% during the third quarter. Captrust Financial Advisors now owns 1,766 shares of the business services provider’s stock valued at $57,000 after purchasing an additional 389 shares in the last quarter. Berman Capital Advisors LLC lifted its position in US Ecology by 60.7% during the third quarter. Berman Capital Advisors LLC now owns 1,138 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 430 shares in the last quarter. Finally, Huntington National Bank lifted its position in US Ecology by 53.9% during the fourth quarter. Huntington National Bank now owns 2,363 shares of the business services provider’s stock valued at $75,000 after purchasing an additional 828 shares in the last quarter. Institutional investors own 89.32% of the company’s stock.
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About US Ecology
US Ecology, Inc engages in the provision of environmental services to commercial and government entities. It operates through the following segments: Waste Solutions; Field Services; and Energy Waste. The Waste Solutions segment include a range of specialty material management services including transportation, recycling, treatment and disposal of hazardous, non-hazardous, E&P and radioactive waste at company-owned landfill, wastewater, deep-well injection, and other treatment facilities.
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