US Ecology Inc (ECOL) Plans Quarterly Dividend of $0.18
US Ecology (NASDAQ:ECOL) announced a quarterly dividend on Tuesday, July 1st, AmericanBankingNews.com reports. Investors of record on Monday, July 21st will be paid a dividend of 0.18 per share on Monday, July 28th. This represents a $0.72 annualized dividend and a dividend yield of 1.47%.
ECOL has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of US Ecology from a “neutral” rating to an “outperform” rating in a research note on Thursday, May 29th. They now have a $53.80 price target on the stock. On a related note, analysts at KeyCorp raised their price target on shares of US Ecology from $42.00 to $55.00 in a research note on Thursday, May 22nd. They now have a “buy” rating on the stock. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of US Ecology in a research note on Wednesday, May 7th. They now have a $50.00 price target on the stock, up previously from $40.00. Six equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of $48.30.
US Ecology (NASDAQ:ECOL) opened at 48.95 on Tuesday. US Ecology has a 52-week low of $27.10 and a 52-week high of $50.78. The stock’s 50-day moving average is $48.50 and its 200-day moving average is $40.87. The company has a market cap of $1.054 billion and a price-to-earnings ratio of 26.45.
US Ecology (NASDAQ:ECOL) last released its earnings data on Monday, May 5th. The company reported $0.48 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.32 earnings per share. US Ecology’s revenue was up 24.4% compared to the same quarter last year. Analysts expect that US Ecology will post $1.84 EPS for the current fiscal year.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.