Equities research analysts expect US Ecology Inc (NASDAQ:ECOL) to post earnings of $0.61 per share for the current quarter, according to Zacks. Two analysts have made estimates for US Ecology’s earnings, with estimates ranging from $0.57 to $0.64. US Ecology posted earnings of $0.65 per share in the same quarter last year, which would indicate a negative year over year growth rate of 6.2%. The business is expected to report its next earnings report on Thursday, February 20th.
According to Zacks, analysts expect that US Ecology will report full year earnings of $2.20 per share for the current fiscal year, with EPS estimates ranging from $2.19 to $2.20. For the next year, analysts expect that the firm will report earnings of $2.23 per share, with EPS estimates ranging from $2.00 to $2.46. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover US Ecology.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings results on Wednesday, October 30th. The business services provider reported $0.75 earnings per share (EPS) 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 analysts’ expectations of $161.25 million. US Ecology had a return on equity of 13.61% and a net margin of 8.22%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.61 EPS.
Several equities analysts have weighed in on the company. UBS Group dropped their price objective on US Ecology from $63.00 to $58.00 and set a “neutral” rating on the stock in a research note on Friday, November 15th. ValuEngine cut US Ecology from a “buy” rating to a “hold” rating in a research note on Thursday. BidaskClub cut US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th. Finally, Zacks Investment Research cut US Ecology from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 6th.
Several institutional investors have recently made changes to their positions in ECOL. American Research & Management Co. purchased a new stake in shares of US Ecology during the 2nd quarter valued at $36,000. US Bancorp DE increased its position in shares of US Ecology by 20.0% during the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock valued at $73,000 after purchasing an additional 206 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of US Ecology during the 1st quarter valued at $77,000. First Mercantile Trust Co. increased its position in shares of US Ecology by 13.5% during the 2nd quarter. First Mercantile Trust Co. now owns 1,510 shares of the business services provider’s stock valued at $90,000 after purchasing an additional 180 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of US Ecology by 27.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after purchasing an additional 317 shares during the last quarter. 87.30% of the stock is owned by hedge funds and other institutional investors.
US Ecology stock opened at $54.07 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.03 and a current ratio of 2.03. The stock’s 50 day moving average price is $61.44 and its two-hundred day moving average price is $60.97. US Ecology has a 52-week low of $53.48 and a 52-week high of $70.48. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 23.31 and a beta of 0.53.
The firm also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 18th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend was Thursday, October 17th. US Ecology’s dividend payout ratio is presently 31.03%.
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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