US Ecology (NASDAQ:ECOL) had its price target upped by equities researchers at BMO Capital Markets from $52.00 to $56.00 in a report issued on Friday, Marketbeat.com reports. The firm currently has a “market perform” rating on the business services provider’s stock. BMO Capital Markets’ target price points to a potential downside of 1.50% from the company’s previous close.
Several other research analysts have also issued reports on the company. Zacks Investment Research upgraded US Ecology from a “sell” rating to a “hold” rating in a research note on Monday, January 1st. Canaccord Genuity reiterated a “buy” rating and set a $57.00 price objective (down from $60.00) on shares of US Ecology in a research note on Monday, October 30th. Finally, BidaskClub lowered US Ecology from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. US Ecology currently has an average rating of “Hold” and a consensus target price of $56.00.
Shares of US Ecology (NASDAQ ECOL) traded up $6.60 during midday trading on Friday, hitting $56.85. The company had a trading volume of 211,300 shares, compared to its average volume of 96,516. The company has a quick ratio of 2.00, a current ratio of 2.23 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $1,242.13, a price-to-earnings ratio of 25.27 and a beta of 0.72. US Ecology has a twelve month low of $44.50 and a twelve month high of $59.70.
US Ecology (NASDAQ:ECOL) last issued its earnings results on Thursday, February 15th. The business services provider reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.11. The business had revenue of $133.70 million during the quarter, compared to analyst estimates of $132.09 million. US Ecology had a return on equity of 12.65% and a net margin of 9.79%. US Ecology’s revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.36 earnings per share. equities analysts anticipate that US Ecology will post 2.25 EPS for the current year.
In other US Ecology news, CEO Jeffrey R. Feeler sold 3,000 shares of the stock in a transaction on Thursday, December 7th. The stock was 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 directly owns 54,925 shares in the company, valued at $2,777,008. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.
Large investors have recently made changes to their positions in the company. YorkBridge Wealth Partners LLC acquired a new stake in shares of US Ecology in the third quarter valued at $215,000. Piedmont Investment Advisors LLC acquired a new stake in shares of US Ecology in the second quarter valued at $238,000. Jefferies Group LLC acquired a new stake in shares of US Ecology in the fourth quarter valued at $240,000. FDx Advisors Inc. acquired a new stake in shares of US Ecology in the fourth quarter valued at $244,000. Finally, US Bancorp DE increased its stake in shares of US Ecology by 25.9% in the fourth quarter. US Bancorp DE now owns 5,028 shares of the business services provider’s stock valued at $256,000 after buying an additional 1,033 shares in the last quarter. Institutional investors own 87.83% 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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