US Ecology (ECOL) Upgraded by ValuEngine to Buy

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.

How to Become a New Pot Stock Millionaire

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.

ILLEGAL ACTIVITY WARNING: “US Ecology (ECOL) Upgraded by ValuEngine to Buy” was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2018/04/16/us-ecology-ecol-upgraded-by-valuengine-to-buy.html.

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.

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.

Leave a Reply