US Ecology EVP Steven D. Welling Unloads 20,000 Shares (ECOL)
US Ecology (NASDAQ:ECOL) EVP Steven D. Welling unloaded 20,000 shares of US Ecology stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $47.08, for a total value of $941,600.00. Following the sale, the executive vice president now directly owns 13,304 shares in the company, valued at approximately $626,352. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
US Ecology (NASDAQ:ECOL) traded up 1.04% on Friday, hitting $47.64. The stock had a trading volume of 93,480 shares. US Ecology has a 52 week low of $26.68 and a 52 week high of $48.03. The stock’s 50-day moving average is $41.24 and its 200-day moving average is $37.41. The company has a market cap of $1.023 billion and a P/E ratio of 25.46.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.14. The company had revenue of $53.35 million for the quarter, compared to the consensus estimate of $46.93 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 24.4% on a year-over-year basis. On average, analysts predict that US Ecology will post $1.64 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on ECOL shares. Analysts at Raymond James reiterated an “outperform” rating on shares of US Ecology in a research note on Wednesday. They now have a $50.00 price target on the stock, up previously from $40.00. Separately, analysts at Wunderlich reiterated a “buy” rating on shares of US Ecology in a research note on Tuesday. They now have a $55.00 price target on the stock, up previously from $45.00. Finally, analysts at Zacks downgraded shares of US Ecology from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 30th. They now have a $46.30 price target on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. US Ecology currently has a consensus rating of “Buy” and a consensus target price of $44.88.
US Ecology, Inc (NASDAQ:ECOL) through its subsidiaries, provides radioactive, hazardous, polychlorinated biphenyls (PCB) and non-hazardous industrial waste management and recycling services to commercial and government entities, such as refineries and chemical production facilities, manufacturers, electric utilities, steel mills, medical and academic institutions and waste brokers/aggregators.
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