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.
WARNING: “US Ecology (NASDAQ:ECOL) Releases FY18 Earnings Guidance” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/22/us-ecology-ecol-releases-fy18-earnings-guidance.html.
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.
Receive News & Ratings for US Ecology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Ecology and related companies with MarketBeat.com's FREE daily email newsletter.