US Ecology (NASDAQ:ECOL) Releases FY18 Earnings Guidance

US Ecology (NASDAQ:ECOL) updated its FY18 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.15-2.34 for the period, compared to the Thomson Reuters consensus estimate of $2.07. The company issued revenue guidance of $530-533 million, compared to the consensus revenue estimate of $532.33 million.

A number of equities analysts have weighed in on the stock. BMO Capital Markets cut their price target on shares of US Ecology from $54.00 to $47.00 and set a market perform rating on the stock in a research note on Monday, October 30th. Zacks Investment Research raised shares of US Ecology from a sell rating to a hold rating in a research note on Monday, January 1st. Canaccord Genuity reaffirmed a buy rating and set a $57.00 price target (down previously from $60.00) on shares of US Ecology in a research note on Monday, October 30th. Finally, BidaskClub downgraded shares of US Ecology from a hold rating to a sell rating in a research note on Wednesday, January 10th. Two investment 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. The company has a consensus rating of Hold and an average price target of $56.00.

US Ecology (NASDAQ:ECOL) traded down $0.85 during trading on Thursday, hitting $56.75. 141,060 shares of the stock traded hands, compared to its average volume of 100,060. US Ecology has a 52 week low of $44.50 and a 52 week high of $59.70. The firm has a market capitalization of $1,260.00, a price-to-earnings ratio of 49.23 and a beta of 0.72. The company has a quick ratio of 2.00, a current ratio of 2.23 and a debt-to-equity ratio of 0.85.

US Ecology (NASDAQ:ECOL) last released its quarterly earnings data on Thursday, February 15th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.11. The company had revenue of $133.70 million during the quarter, compared to analyst estimates of $132.09 million. US Ecology had a net margin of 9.79% and a return on equity of 12.65%. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.36 earnings per share. sell-side analysts forecast that US Ecology will post 2.21 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, January 26th. Investors of record on Friday, January 19th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Thursday, January 18th. US Ecology’s payout ratio is 61.54%.

In related news, CEO Jeffrey R. Feeler sold 3,000 shares of the firm’s stock in a transaction 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 sale, the chief executive officer now directly owns 54,925 shares of the company’s stock, valued at approximately $2,777,008. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.30% of the stock is currently owned by company insiders.

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About US Ecology

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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