US Ecology Inc. (NASDAQ:ECOL) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “US Ecology, Inc., formerly known as American Ecology Corporation, provides radioactive, PCB, hazardous, and non-hazardous waste services to commercial and government customers throughout the United States. The Company operates through its subsidiaries and provides its services to steel mills, medical and academic institutions, refineries, chemical manufacturing facilities and the nuclear power industry. Its subsidiaries include US Ecology Nevada, Inc., US Ecology Washington, Inc., US Ecology Texas, Inc., US Ecology Idaho, Inc., and US Ecology Field Services, Inc. The Company operates through two business segments: operating disposal facilities and non-operating disposal facilities. US Ecology, Inc. is headquartered in Boise, Idaho. “

Separately, Barclays PLC downgraded shares of US Ecology from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $48.00 to $40.00 in a research report on Tuesday, August 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $46.30.

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Shares of US Ecology (NASDAQ:ECOL) traded up 2.19% during mid-day trading on Wednesday, hitting $44.35. 104,654 shares of the stock were exchanged. US Ecology has a 12-month low of $29.89 and a 12-month high of $49.39. The stock has a market capitalization of $965.63 million, a P/E ratio of 28.25 and a beta of 1.09. The stock’s 50 day moving average price is $44.09 and its 200-day moving average price is $44.33.

US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.41 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.41. The business earned $122.30 million during the quarter, compared to analyst estimates of $122.16 million. US Ecology had a net margin of 6.52% and a return on equity of 12.67%. The firm’s quarterly revenue was down 12.5% on a year-over-year basis. During the same quarter last year, the business earned $0.40 EPS. On average, equities research analysts expect that US Ecology will post $1.82 EPS for the current fiscal year.

In related news, Director Katina Dorton acquired 1,330 shares of US Ecology stock in a transaction dated Monday, September 12th. The stock was bought at an average price of $44.33 per share, with a total value of $58,958.90. Following the transaction, the director now directly owns 3,070 shares in the company, valued at approximately $136,093.10. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.30% of the company’s stock.

Several hedge funds have recently made changes to their positions in ECOL. Arizona State Retirement System boosted its position in shares of US Ecology by 4.7% in the first quarter. Arizona State Retirement System now owns 11,146 shares of the company’s stock worth $492,000 after buying an additional 500 shares in the last quarter. Panagora Asset Management Inc. boosted its position in shares of US Ecology by 1,662.7% in the first quarter. Panagora Asset Management Inc. now owns 6,945 shares of the company’s stock worth $307,000 after buying an additional 6,551 shares in the last quarter. A.R.T. Advisors LLC boosted its position in shares of US Ecology by 86.8% in the first quarter. A.R.T. Advisors LLC now owns 15,063 shares of the company’s stock worth $665,000 after buying an additional 7,000 shares in the last quarter. Silvercrest Asset Management Group LLC boosted its position in shares of US Ecology by 3.1% in the first quarter. Silvercrest Asset Management Group LLC now owns 1,387,573 shares of the company’s stock worth $61,276,000 after buying an additional 42,122 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of US Ecology by 6.0% in the first quarter. Geode Capital Management LLC now owns 149,168 shares of the company’s stock worth $6,587,000 after buying an additional 8,408 shares in the last quarter. 83.55% of the stock is owned by institutional investors.

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.

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