BidaskClub lowered shares of US Ecology (NASDAQ:ECOL) from a hold rating to a sell rating in a research report report published on Tuesday, BidAskClub reports.
ECOL has been the subject of several other research reports. Zacks Investment Research upgraded shares of US Ecology from a sell rating to a hold rating in a research report on Wednesday, October 23rd. ValuEngine upgraded shares of US Ecology from a hold rating to a buy rating in a research report on Thursday, August 1st. Finally, UBS Group set a $63.00 price objective on shares of US Ecology and gave the stock a hold rating in a research report on Friday, November 1st. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $67.33.
ECOL stock traded up $0.04 during trading on Tuesday, reaching $60.95. 68,400 shares of the stock were exchanged, compared to its average volume of 115,709. The company has a current ratio of 2.03, a quick ratio of 2.08 and a debt-to-equity ratio of 0.95. The stock has a 50 day simple moving average of $63.36 and a 200-day simple moving average of $61.18. US Ecology has a twelve month low of $54.24 and a twelve month high of $72.85. The company has a market capitalization of $1.35 billion, a P/E ratio of 26.27 and a beta of 0.53.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 earnings per share for the quarter, topping the 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 firm had revenue of $167.40 million during the quarter, compared to analysts’ expectations of $161.25 million. During the same quarter in the previous year, the company posted $0.61 EPS. US Ecology’s revenue was up 10.6% on a year-over-year basis. Equities analysts predict that US Ecology will post 2.2 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Investors of record on Friday, October 18th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.18%. The ex-dividend date was Thursday, October 17th. US Ecology’s dividend payout ratio (DPR) is presently 31.03%.
Several institutional investors have recently modified their holdings of ECOL. Marshall Wace LLP bought a new stake in shares of US Ecology during the 1st quarter valued at $77,000. Syquant Capital Sas bought a new stake in shares of US Ecology during the 2nd quarter valued at $1,881,000. Crossmark Global Holdings Inc. bought a new stake in shares of US Ecology during the 2nd quarter valued at $204,000. Oregon Public Employees Retirement Fund raised its position in shares of US Ecology by 2.3% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 8,736 shares of the business services provider’s stock valued at $520,000 after acquiring an additional 200 shares during the last quarter. Finally, Fenimore Asset Management Inc. raised its position in shares of US Ecology by 0.7% during the 2nd quarter. Fenimore Asset Management Inc. now owns 213,066 shares of the business services provider’s stock valued at $12,686,000 after acquiring an additional 1,520 shares during the last quarter. Institutional investors own 85.91% of the company’s stock.
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.
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