US Ecology Inc (NASDAQ:ECOL) was the target of some unusual options trading activity on Monday. Investors purchased 2,000 put options on the company. This is an increase of 1,805% compared to the average volume of 105 put options.
Shares of NASDAQ:ECOL traded down $0.73 during mid-day trading on Thursday, reaching $54.04. 128,800 shares of the company’s stock were exchanged, compared to its average volume of 119,200. US Ecology has a twelve month low of $53.48 and a twelve month high of $70.48. The business’s fifty day moving average price is $61.79 and its 200-day moving average price is $61.01. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 23.29 and a beta of 0.53. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.03 and a current ratio of 2.03.
US Ecology (NASDAQ:ECOL) last announced its 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. 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 during the quarter, compared to the consensus estimate of $161.25 million. During the same quarter last year, the firm earned $0.61 earnings per share. US Ecology’s quarterly revenue was up 10.6% on a year-over-year basis. Analysts predict that US Ecology will post 2.2 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Friday, October 18th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.33%. The ex-dividend date was Thursday, October 17th. US Ecology’s dividend payout ratio (DPR) is currently 31.03%.
A number of institutional investors and hedge funds have recently bought and sold shares of ECOL. Marshall Wace LLP bought a new stake in US Ecology in the first quarter valued at $77,000. Syquant Capital Sas bought a new stake in shares of US Ecology during the second quarter worth about $1,881,000. Crossmark Global Holdings Inc. bought a new stake in shares of US Ecology during the second quarter worth about $204,000. Oregon Public Employees Retirement Fund increased its position in shares of US Ecology by 2.3% during the second quarter. Oregon Public Employees Retirement Fund now owns 8,736 shares of the business services provider’s stock worth $520,000 after acquiring an additional 200 shares in the last quarter. Finally, Fenimore Asset Management Inc. increased its position in shares of US Ecology by 0.7% during the second quarter. Fenimore Asset Management Inc. now owns 213,066 shares of the business services provider’s stock worth $12,686,000 after acquiring an additional 1,520 shares in the last quarter. 87.30% of the stock is owned by hedge funds and other institutional investors.
A number of research analysts recently issued reports on ECOL shares. BidaskClub cut shares of US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th. ValuEngine raised shares of US Ecology from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Zacks Investment Research cut shares of US Ecology from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 6th. Finally, UBS Group cut their target price on shares of US Ecology from $63.00 to $58.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $65.67.
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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