US Ecology Inc (NASDAQ:ECOL) announced a quarterly dividend on Friday, January 3rd, Wall Street Journal reports. Investors 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 1.31%. The ex-dividend date of this dividend is Thursday, January 16th.
US Ecology has a dividend payout ratio of 32.3% indicating that its dividend is sufficiently covered by earnings. Equities 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 US Ecology stock opened at $55.12 on Wednesday. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.95. The company’s fifty day simple moving average is $56.06 and its two-hundred day simple moving average is $59.78. The company has a market cap of $1.21 billion, a P/E ratio of 24.28 and a beta of 0.55. US Ecology has a 12-month low of $53.43 and a 12-month high of $67.24.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate 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 for the quarter, compared to the consensus estimate of $161.25 million. During the same period in the previous year, the firm earned $0.61 EPS. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. Analysts predict that US Ecology will post 2.16 EPS for the current fiscal year.
ECOL has been the topic of several recent research reports. UBS Group set a $63.00 price objective on shares of US Ecology and gave the stock a “hold” rating in a research note on Friday, November 1st. 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 lowered shares of US Ecology from a “buy” rating to a “hold” rating in a report on Wednesday, January 15th. Finally, BidaskClub lowered shares of US Ecology from a “sell” rating to a “strong sell” rating in a report 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.
Read More: Support Level
Receive News & Ratings for US Ecology Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for US Ecology and related companies with MarketBeat.com’s FREE daily email newsletter.
