US Ecology Inc (NASDAQ:ECOL) Director E Renae Conley acquired 2,650 shares of US Ecology stock in a transaction on Thursday, August 13th. The stock was acquired at an average cost of $37.75 per share, for a total transaction of $100,037.50. Following the completion of the purchase, the director now owns 5,750 shares of the company’s stock, valued at approximately $217,062.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
US Ecology stock traded up $1.13 during midday trading on Friday, reaching $38.83. The stock had a trading volume of 11,632 shares, compared to its average volume of 277,458. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.27 and a current ratio of 2.48. US Ecology Inc has a 1-year low of $24.94 and a 1-year high of $67.24. The stock has a market capitalization of $1.21 billion, a P/E ratio of -4.22 and a beta of 0.95. The firm’s fifty day simple moving average is $34.08 and its 200-day simple moving average is $36.65.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.03). The firm had revenue of $213.92 million for the quarter, compared to the consensus estimate of $229.50 million. US Ecology had a positive return on equity of 4.11% and a negative net margin of 34.42%. On average, sell-side analysts anticipate that US Ecology Inc will post 0.59 earnings per share for the current fiscal year.
Former Chicago Board Options Exchange trader Bryan Bottarelli reveals the tricks and tips he learned trading in the live pit of the Chicago Board Options Exchange in a one-of-a-kind manual: “5 Secret Trading Strategies to Win Every Day in the Market.”
Several large investors have recently made changes to their positions in ECOL. Vanguard Group Inc. raised its stake in US Ecology by 14.8% in the second quarter. Vanguard Group Inc. now owns 1,846,394 shares of the business services provider’s stock valued at $62,556,000 after purchasing an additional 238,525 shares in the last quarter. Silvercrest Asset Management Group LLC increased its position in US Ecology by 3.8% in the 2nd quarter. Silvercrest Asset Management Group LLC now owns 1,372,676 shares of the business services provider’s stock valued at $46,506,000 after acquiring an additional 49,783 shares during the period. FMR LLC raised its position in shares of US Ecology by 1.2% during the second quarter. FMR LLC now owns 616,812 shares of the business services provider’s stock worth $20,898,000 after acquiring an additional 7,600 shares during the last quarter. State Farm Mutual Automobile Insurance Co. raised its stake in US Ecology by 100.0% during the second quarter. State Farm Mutual Automobile Insurance Co. now owns 41,003 shares of the business services provider’s stock worth $1,389,000 after buying an additional 20,501 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of US Ecology by 101.7% during the 2nd quarter. Nordea Investment Management AB now owns 146,026 shares of the business services provider’s stock worth $4,776,000 after buying an additional 73,637 shares in the last quarter. Hedge funds and other institutional investors own 76.82% of the company’s stock.
Several research analysts have recently issued reports on ECOL shares. Zacks Investment Research upgraded US Ecology from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research report on Monday. BMO Capital Markets boosted their target price on US Ecology from $37.00 to $40.00 and gave the stock a “market perform” rating in a research report on Monday. TheStreet downgraded shares of US Ecology from a “c” rating to a “d” rating in a research report on Thursday, May 7th. BidaskClub upgraded shares of US Ecology from a “sell” rating to a “hold” rating in a report on Friday, July 24th. Finally, ValuEngine upgraded shares of US Ecology from a “hold” rating to a “buy” rating in a report on Thursday, July 2nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. US Ecology presently has a consensus rating of “Buy” and an average price target of $50.00.
US Ecology Company Profile
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.
Featured Story: What are economic reports?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
5 Stocks That Will Benefit From the Coronavirus
Investors are digesting the damage done to their portfolios in last week’s coronavirus-induced correction. There was no place to hide from the bears who bore their claws and shredded the market from its record highs. And the reality is there is probably more volatility to come.
Many companies had reported earnings before the depth and breadth of this outbreak became apparent. And that means that it will be months before investors get a chance to see how the true impact that Covid-19 virus will have on 2020 revenue and earnings.
For risk-averse investors, it may be tempting to take a breather from the volatility. But, as the market showed yesterday, the reward is there for those willing to take the risk. Still, for the next few months – and maybe longer – this will not be like fishing in a barrel. Investors will have to take a targeted look at which companies are well-positioned in this environment.
In this special presentation, we’ll show you five companies that address one of three areas that may benefit from the coronavirus. First, there are companies whose supply chains do not involve China. In theory this means their manufacturing should be less impacted from the virus.
Second, there are companies that are in the front lines of battling the virus. This can lead you into the biotech sector. And finally, there are stocks you can look at that can benefit from consumers taking safety measures to avoid getting the virus.
