US Ecology Inc. (NASDAQ:ECOL) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a 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 US Ecology from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $48.00 to $40.00 in a report on Tuesday, August 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. US Ecology presently has an average rating of “Hold” and an average target price of $46.30.

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US Ecology (NASDAQ:ECOL) traded up 2.19% during midday trading on Wednesday, hitting $44.35. The stock had a trading volume of 104,654 shares. The company has a 50-day moving average price of $44.09 and a 200-day moving average price of $44.33. The company has a market cap of $965.63 million, a price-to-earnings ratio of 28.25 and a beta of 1.09. US Ecology has a 12-month low of $29.89 and a 12-month high of $49.39.

US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.41. US Ecology had a return on equity of 12.67% and a net margin of 6.52%. The company had revenue of $122.30 million for the quarter, compared to the consensus estimate of $122.16 million. During the same period in the previous year, the business earned $0.40 EPS. US Ecology’s revenue for the quarter was down 12.5% compared to the same quarter last year. Equities analysts anticipate that US Ecology will post $1.82 EPS for the current year.

In related news, Director Katina Dorton acquired 1,330 shares of US Ecology stock in a transaction that occurred on Monday, September 12th. The stock was acquired at an average price of $44.33 per share, for a total transaction of $58,958.90. Following the transaction, the director now directly owns 3,070 shares of the company’s stock, valued at approximately $136,093.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.30% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. raised its position in US Ecology by 27.3% in the second quarter. Macquarie Group Ltd. now owns 322,330 shares of the company’s stock worth $14,811,000 after buying an additional 69,068 shares in the last quarter. Mason Street Advisors LLC bought a new position in US Ecology during the second quarter worth about $196,000. Schwab Charles Investment Management Inc. raised its position in US Ecology by 1.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 73,087 shares of the company’s stock worth $3,359,000 after buying an additional 1,230 shares in the last quarter. Legal & General Group Plc raised its position in US Ecology by 29.7% in the second quarter. Legal & General Group Plc now owns 5,718 shares of the company’s stock worth $259,000 after buying an additional 1,311 shares in the last quarter. Finally, Fiera Capital Corp bought a new position in US Ecology during the second quarter worth about $689,000. Institutional investors and hedge funds own 83.55% of the company’s stock.

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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