Equities research analysts expect that US Ecology, Inc. (NASDAQ:ECOL) will announce sales of $129.30 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for US Ecology’s earnings, with the lowest sales estimate coming in at $127.00 million and the highest estimate coming in at $132.00 million. US Ecology posted sales of $122.35 million in the same quarter last year, which suggests a positive year-over-year growth rate of 5.7%. The firm is scheduled to report its next earnings results after the market closes on Thursday, July 27th.

According to Zacks, analysts expect that US Ecology will report full-year sales of $129.30 million for the current financial year, with estimates ranging from $506.30 million to $510.00 million. For the next fiscal year, analysts expect that the firm will post sales of $531.47 million per share, with estimates ranging from $530.00 million to $533.70 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow US Ecology.

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

ECOL has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of US Ecology from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a report on Tuesday, April 25th. Canaccord Genuity reissued a “buy” rating on shares of US Ecology in a report on Friday, April 28th. Stifel Nicolaus raised shares of US Ecology from a “hold” rating to a “buy” rating and increased their price target for the company from $51.00 to $55.00 in a report on Monday, May 1st. BidaskClub raised shares of US Ecology from a “hold” rating to a “buy” rating in a report on Tuesday, June 13th. Finally, BMO Capital Markets assumed coverage on shares of US Ecology in a report on Thursday, June 29th. They issued a “market perform” rating and a $54.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $50.75.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its position in US Ecology by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 2,410 shares of the business services provider’s stock valued at $112,000 after buying an additional 50 shares in the last quarter. LS Investment Advisors LLC boosted its position in US Ecology by 210.9% in the first quarter. LS Investment Advisors LLC now owns 2,543 shares of the business services provider’s stock valued at $119,000 after buying an additional 1,725 shares in the last quarter. Victory Capital Management Inc. boosted its position in US Ecology by 36.4% in the first quarter. Victory Capital Management Inc. now owns 2,779 shares of the business services provider’s stock valued at $130,000 after buying an additional 742 shares in the last quarter. Ameritas Investment Partners Inc. boosted its position in US Ecology by 193.2% in the first quarter. Ameritas Investment Partners Inc. now owns 2,865 shares of the business services provider’s stock valued at $133,000 after buying an additional 1,888 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in US Ecology by 3.0% in the first quarter. Janney Montgomery Scott LLC now owns 4,725 shares of the business services provider’s stock valued at $221,000 after buying an additional 137 shares in the last quarter. 86.02% of the stock is currently owned by hedge funds and other institutional investors.

Shares of US Ecology (NASDAQ:ECOL) opened at 52.75 on Friday. The firm has a market capitalization of $1.15 billion, a P/E ratio of 36.13 and a beta of 0.68. US Ecology has a 12 month low of $38.00 and a 12 month high of $54.00. The stock has a 50 day moving average price of $51.18 and a 200 day moving average price of $49.97.

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

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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