ECOL has been the topic of several other research reports. ValuEngine raised US Ecology from a “hold” rating to a “buy” rating in a research note on Thursday, July 2nd. TheStreet lowered US Ecology from a “c” rating to a “d” rating in a report on Thursday, May 7th. UBS Group lowered their target price on US Ecology from $53.00 to $50.00 and set a “buy” rating for the company in a report on Monday, May 11th. Finally, BMO Capital Markets lowered their target price on US Ecology from $50.00 to $37.00 and set a “market perform” rating for the company in a report on Friday, April 3rd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $56.25.
Shares of NASDAQ:ECOL opened at $35.08 on Friday. US Ecology has a 52-week low of $24.94 and a 52-week high of $67.24. The stock has a market cap of $1.09 billion, a P/E ratio of -4.20 and a beta of 0.96. The business’s 50 day moving average is $33.73 and its 200 day moving average is $38.73. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 1.32.
US Ecology (NASDAQ:ECOL) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.02. US Ecology had a positive return on equity of 7.43% and a negative net margin of 34.33%. The company had revenue of $240.72 million for the quarter, compared to analysts’ expectations of $227.41 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. US Ecology’s revenue was up 83.7% compared to the same quarter last year. On average, sell-side analysts anticipate that US Ecology will post 0.59 EPS for the current fiscal year.
In other US Ecology news, Director Katina Dorton acquired 1,100 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was purchased at an average price of $33.67 per share, for a total transaction of $37,037.00. Following the acquisition, the director now owns 4,070 shares in the company, valued at approximately $137,036.90. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.20% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of the company. Congress Asset Management Co. MA lifted its holdings in shares of US Ecology by 9.2% during the 2nd quarter. Congress Asset Management Co. MA now owns 69,666 shares of the business services provider’s stock valued at $2,360,000 after purchasing an additional 5,887 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of US Ecology by 50.9% during the 2nd quarter. First Trust Advisors LP now owns 46,542 shares of the business services provider’s stock valued at $1,577,000 after purchasing an additional 15,692 shares during the last quarter. Simplex Trading LLC purchased a new stake in shares of US Ecology during the 2nd quarter valued at $326,000. Envestnet Asset Management Inc. purchased a new stake in shares of US Ecology during the 2nd quarter valued at $215,000. Finally, State Street Corp lifted its holdings in shares of US Ecology by 10.6% during the 1st quarter. State Street Corp now owns 790,049 shares of the business services provider’s stock valued at $24,017,000 after purchasing an additional 75,910 shares during the last quarter. Hedge funds and other institutional investors own 76.82% of the company’s stock.
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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