Brokerages predict that US Ecology, Inc. (NASDAQ:ECOL) will post earnings of $0.38 per share for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for US Ecology’s earnings, with the lowest EPS estimate coming in at $0.26 and the highest estimate coming in at $0.45. US Ecology posted earnings of $0.37 per share during the same quarter last year, which suggests a positive year over year growth rate of 2.7%. The firm is scheduled to announce its next quarterly earnings report after the market closes on Thursday, July 27th.

According to Zacks, analysts expect that US Ecology will report full-year earnings of $1.76 per share for the current financial year, with EPS estimates ranging from $1.68 to $1.80. For the next fiscal year, analysts anticipate that the business will report earnings of $2.05 per share, with EPS estimates ranging from $1.95 to $2.15. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover US Ecology.

US Ecology (NASDAQ:ECOL) last released its quarterly earnings results on Thursday, April 27th. The business services provider reported $0.23 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.07. US Ecology had a net margin of 6.73% and a return on equity of 11.45%. The firm had revenue of $110.23 million for the quarter, compared to analysts’ expectations of $109.90 million. During the same period in the previous year, the firm posted $0.32 EPS. The firm’s quarterly revenue was down 2.7% compared to the same quarter last year.

Several equities research analysts recently issued reports on the stock. BidaskClub downgraded shares of US Ecology from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Stifel Nicolaus reaffirmed a “buy” rating and set a $55.00 price target on shares of US Ecology in a research note on Wednesday. Canaccord Genuity reissued a “buy” rating on shares of US Ecology in a research report on Friday, April 28th. BMO Capital Markets initiated coverage on shares of US Ecology in a research report on Thursday, June 29th. They issued a “market perform” rating and a $54.00 target price for the company. Finally, Zacks Investment Research downgraded shares of US Ecology from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $50.75.

US Ecology (NASDAQ:ECOL) traded up 0.48% during mid-day trading on Friday, hitting $52.75. The stock had a trading volume of 94,041 shares. US Ecology has a one year low of $38.00 and a one year high of $54.00. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 36.13 and a beta of 0.68. The company has a 50 day moving average price of $51.18 and a 200-day moving average price of $49.97.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 28th. Stockholders of record on Friday, July 21st will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Wednesday, July 19th. US Ecology’s dividend payout ratio (DPR) is presently 49.32%.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. raised its position in US Ecology by 133,529.0% in the first quarter. BlackRock Inc. now owns 2,595,075 shares of the business services provider’s stock valued at $121,579,000 after buying an additional 2,593,133 shares during the period. Norges Bank acquired a new position in US Ecology during the fourth quarter valued at approximately $6,354,000. GW&K Investment Management LLC raised its position in US Ecology by 23.8% in the second quarter. GW&K Investment Management LLC now owns 511,609 shares of the business services provider’s stock valued at $25,836,000 after buying an additional 98,202 shares during the period. Macquarie Group Ltd. raised its position in US Ecology by 27.6% in the fourth quarter. Macquarie Group Ltd. now owns 430,537 shares of the business services provider’s stock valued at $21,161,000 after buying an additional 93,144 shares during the period. Finally, Vanguard Group Inc. raised its position in US Ecology by 5.6% in the first quarter. Vanguard Group Inc. now owns 1,143,790 shares of the business services provider’s stock valued at $53,586,000 after buying an additional 60,791 shares during the period. 86.02% of the stock is owned by institutional investors and hedge funds.

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About US Ecology

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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