Equities analysts predict that US Ecology Inc (NASDAQ:ECOL) will announce $132.10 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for US Ecology’s earnings. The lowest sales estimate is $129.50 million and the highest is $134.80 million. US Ecology posted sales of $117.17 million during the same quarter last year, which would indicate a positive year over year growth rate of 12.7%. The firm is scheduled to report its next quarterly earnings report on Thursday, February 15th.
According to Zacks, analysts expect that US Ecology will report full year sales of $132.10 million for the current year, with estimates ranging from $499.90 million to $505.10 million. For the next financial year, analysts anticipate that the company will post sales of $530.50 million per share, with estimates ranging from $530.00 million to $531.50 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that follow US Ecology.
US Ecology (NASDAQ:ECOL) last posted its earnings results on Thursday, October 26th. The business services provider reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.23). The company had revenue of $135.05 million during the quarter, compared to the consensus estimate of $135.29 million. US Ecology had a return on equity of 10.35% and a net margin of 5.39%. The firm’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company posted $0.47 EPS.
A number of research analysts recently issued reports on the stock. BMO Capital Markets dropped their price objective on shares of US Ecology from $54.00 to $47.00 and set a “market perform” rating for the company in a report on Monday, October 30th. Canaccord Genuity reiterated a “buy” rating and issued a $60.00 price objective on shares of US Ecology in a report on Friday, September 8th. Stifel Nicolaus reiterated a “buy” rating and issued a $60.00 price objective on shares of US Ecology in a report on Friday, October 6th. Finally, Zacks Investment Research lowered shares of US Ecology from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $51.25.
Shares of US Ecology (NASDAQ ECOL) traded down $0.40 during midday trading on Friday, reaching $51.40. 28,700 shares of the company were exchanged, compared to its average volume of 74,402. The company has a market cap of $1,116.49, a price-to-earnings ratio of 42.83 and a beta of 0.71. US Ecology has a 1-year low of $44.50 and a 1-year high of $55.75. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.94.
In other US Ecology news, CEO Jeffrey R. Feeler sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $50.56, for a total transaction of $151,680.00. Following the completion of the transaction, the chief executive officer now owns 54,925 shares in the company, valued at approximately $2,777,008. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.30% of the stock is currently owned by company insiders.
A number of institutional investors have recently added to or reduced their stakes in the business. Flinton Capital Management LLC grew its position in shares of US Ecology by 54.3% during the 2nd quarter. Flinton Capital Management LLC now owns 1,988 shares of the business services provider’s stock worth $100,000 after buying an additional 700 shares during the period. First Mercantile Trust Co. grew its position in shares of US Ecology by 2.0% during the 2nd quarter. First Mercantile Trust Co. now owns 2,090 shares of the business services provider’s stock worth $106,000 after buying an additional 40 shares during the period. Vestor Capital LLC acquired a new stake in shares of US Ecology during the 2nd quarter worth approximately $116,000. Pinebridge Investments L.P. grew its position in shares of US Ecology by 1.1% during the 2nd quarter. Pinebridge Investments L.P. now owns 2,875 shares of the business services provider’s stock worth $145,000 after buying an additional 32 shares during the period. Finally, Victory Capital Management Inc. grew its position in shares of US Ecology by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 3,267 shares of the business services provider’s stock worth $165,000 after buying an additional 488 shares during the period. Hedge funds and other institutional investors own 87.79% of the company’s stock.
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US Ecology Company Profile
US Ecology, Inc is a provider of environmental services to commercial and government entities. The Company offers treatment, disposal and recycling of hazardous, non-hazardous and radioactive waste, as well as a range of field and industrial services. The Company operates in two business segments: Environmental Services, and Field & Industrial Services.
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