ValuEngine upgraded shares of US Ecology (NASDAQ:ECOL) from a hold rating to a buy rating in a report published on Thursday morning.
Other equities research analysts have also issued reports about the stock. BidaskClub lowered shares of US Ecology from a hold rating to a sell rating in a research report on Wednesday, January 10th. BMO Capital Markets boosted their price objective on shares of US Ecology from $52.00 to $56.00 and gave the stock a market perform rating in a research report on Friday, February 16th. Zacks Investment Research lowered shares of US Ecology from a strong-buy rating to a hold rating in a research report on Tuesday, April 10th. Canaccord Genuity reiterated a buy rating and issued a $64.00 price objective on shares of US Ecology in a research report on Friday, February 16th. Finally, UBS began coverage on shares of US Ecology in a research report on Wednesday, March 14th. They issued a sell rating and a $55.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. US Ecology currently has an average rating of Hold and an average price target of $58.80.
NASDAQ:ECOL opened at $55.10 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.23 and a current ratio of 2.23. US Ecology has a fifty-two week low of $44.50 and a fifty-two week high of $59.70. The firm has a market cap of $1,213.48, a PE ratio of 32.03 and a beta of 0.66.
US Ecology (NASDAQ:ECOL) last released its quarterly earnings data on Thursday, February 15th. The business services provider reported $0.73 EPS for the quarter, topping the consensus estimate of $0.62 by $0.11. US Ecology had a net margin of 9.79% and a return on equity of 12.65%. The business had revenue of $133.70 million for the quarter, compared to analyst estimates of $132.09 million. During the same period in the previous year, the firm earned $0.36 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. equities research analysts expect that US Ecology will post 2.21 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 27th. Investors of record on Friday, April 20th will be given a $0.18 dividend. The ex-dividend date of this dividend is Thursday, April 19th. This represents a $0.72 annualized dividend and a dividend yield of 1.31%. US Ecology’s dividend payout ratio is presently 41.86%.
In other US Ecology news, Director Stephen A. Romano sold 3,000 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $58.95, for a total value of $176,850.00. Following the transaction, the director now directly owns 25,395 shares in the company, valued at approximately $1,497,035.25. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Jeffrey R. Feeler sold 25,000 shares of the company’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $54.59, for a total transaction of $1,364,750.00. Following the completion of the transaction, the chief executive officer now owns 79,127 shares in the company, valued at $4,319,542.93. The disclosure for this sale can be found here. Insiders sold a total of 35,742 shares of company stock worth $1,972,642 over the last quarter. Insiders own 1.30% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in ECOL. Atlanta Capital Management Co. L L C lifted its holdings in US Ecology by 41.4% in the 4th quarter. Atlanta Capital Management Co. L L C now owns 422,195 shares of the business services provider’s stock valued at $21,532,000 after purchasing an additional 123,674 shares in the last quarter. Macquarie Group Ltd. lifted its holdings in US Ecology by 10.3% in the 4th quarter. Macquarie Group Ltd. now owns 805,549 shares of the business services provider’s stock valued at $41,083,000 after purchasing an additional 75,101 shares in the last quarter. BlackRock Inc. lifted its holdings in US Ecology by 2.4% in the 4th quarter. BlackRock Inc. now owns 2,699,211 shares of the business services provider’s stock valued at $137,661,000 after purchasing an additional 62,789 shares in the last quarter. WCM Investment Management CA lifted its holdings in US Ecology by 500.2% in the 4th quarter. WCM Investment Management CA now owns 47,127 shares of the business services provider’s stock valued at $2,403,000 after purchasing an additional 39,275 shares in the last quarter. Finally, Assenagon Asset Management S.A. purchased a new position in US Ecology in the 4th quarter valued at about $1,791,000. Institutional investors own 86.32% 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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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