Brokerages predict that US Ecology Inc (NASDAQ:ECOL) will report $0.59 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for US Ecology’s earnings. The highest EPS estimate is $0.64 and the lowest is $0.53. US Ecology posted earnings per share of $0.65 in the same quarter last year, which would suggest a negative year over year growth rate of 9.2%. The business is expected to announce its next earnings report after the market closes on Wednesday, February 26th.
On average, analysts expect that US Ecology will report full-year earnings of $2.16 per share for the current year. For the next fiscal year, analysts anticipate that the company will post earnings of $2.14 per share, with EPS estimates ranging from $1.82 to $2.46. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow US Ecology.
Several equities analysts have recently commented on ECOL shares. UBS Group set a $63.00 price objective on US Ecology and gave the company a “hold” rating in a research report on Friday, November 1st. BidaskClub upgraded US Ecology from a “strong sell” rating to a “sell” rating in a research note on Tuesday. Zacks Investment Research cut US Ecology from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 16th. Finally, ValuEngine cut US Ecology from a “buy” rating to a “hold” rating in a research note on Wednesday, January 15th.
Shares of US Ecology stock opened at $49.15 on Friday. 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 firm has a market capitalization of $1.11 billion, a PE ratio of 21.65 and a beta of 0.59. The business’s 50-day moving average price is $53.33 and its 200-day moving average price is $58.38. US Ecology has a 12 month low of $47.80 and a 12 month high of $67.24.
A number of large investors have recently made changes to their positions in ECOL. Victory Capital Management Inc. grew its position in US Ecology by 27.2% during the 4th quarter. Victory Capital Management Inc. now owns 917,095 shares of the business services provider’s stock worth $49,532,000 after purchasing an additional 196,300 shares during the period. State Street Corp grew its holdings in US Ecology by 11.6% during the 4th quarter. State Street Corp now owns 714,139 shares of the business services provider’s stock valued at $41,356,000 after purchasing an additional 74,454 shares in the last quarter. GW&K Investment Management LLC grew its holdings in US Ecology by 15.7% during the 4th quarter. GW&K Investment Management LLC now owns 558,672 shares of the business services provider’s stock valued at $32,353,000 after purchasing an additional 75,652 shares in the last quarter. Voya Investment Management LLC grew its holdings in US Ecology by 128.6% during the 3rd quarter. Voya Investment Management LLC now owns 415,866 shares of the business services provider’s stock valued at $26,591,000 after purchasing an additional 233,941 shares in the last quarter. Finally, FIL Ltd grew its holdings in US Ecology by 53.1% during the 4th quarter. FIL Ltd now owns 408,140 shares of the business services provider’s stock valued at $23,635,000 after purchasing an additional 141,530 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors.
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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