US Ecology Inc (NASDAQ:ECOL) declared a quarterly dividend on Friday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 17th will be given a dividend of 0.18 per share by the business services provider on Friday, January 24th. This represents a $0.72 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Thursday, January 16th.
US Ecology has a payout ratio of 32.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect US Ecology to earn $2.14 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 33.6%.
Shares of NASDAQ ECOL opened at $55.44 on Tuesday. The company’s 50-day simple moving average is $56.23 and its 200-day simple moving average is $59.99. US Ecology has a 52-week low of $53.43 and a 52-week high of $67.24. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 24.42 and a beta of 0.55. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.95.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings results 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. The firm had revenue of $167.40 million for the quarter, compared to analyst estimates of $161.25 million. US Ecology had a net margin of 8.22% and a return on equity of 13.61%. US Ecology’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.61 earnings per share. Equities research analysts anticipate that US Ecology will post 2.16 EPS for the current fiscal year.
Several research firms have weighed in on ECOL. Zacks Investment Research lowered shares of US Ecology from a “hold” rating to a “strong sell” rating in a report on Thursday, January 16th. ValuEngine downgraded shares of US Ecology from a “buy” rating to a “hold” rating in a research note on Wednesday, January 15th. UBS Group set a $63.00 price target on shares of US Ecology and gave the company a “hold” rating in a research note on Friday, November 1st. Finally, BidaskClub downgraded shares of US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th.
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.
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