US Ecology, Inc. (NASDAQ:ECOL) Releases FY17 Earnings Guidance
US Ecology, Inc. (NASDAQ:ECOL) issued an update on its FY17 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.69-1.93 for the period, compared to the Thomson Reuters consensus estimate of $1.73.
US Ecology, Inc. (ECOL) traded down 0.19% during mid-day trading on Thursday, reaching $53.90. 111,501 shares of the company traded hands. The firm has a market capitalization of $1.18 billion, a P/E ratio of 36.92 and a beta of 0.68. US Ecology, Inc. has a 12-month low of $38.00 and a 12-month high of $55.00. The company’s 50 day moving average price is $51.53 and its 200 day moving average price is $50.08.
US Ecology (NASDAQ:ECOL) last released its quarterly earnings results on Wednesday, July 26th. The business services provider reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.01. The company had revenue of $126.06 million during the quarter, compared to the consensus estimate of $128.38 million. US Ecology had a return on equity of 11.45% and a net margin of 6.73%. US Ecology’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 earnings per share. Equities research analysts predict that US Ecology, Inc. will post $1.73 EPS for the current year.
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 given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.34%. The ex-dividend date is Wednesday, July 19th. US Ecology’s payout ratio is 49.32%.
Several research firms have recently issued reports on ECOL. Stifel Nicolaus restated a buy rating and set a $55.00 price objective on shares of US Ecology in a report on Wednesday, July 19th. BMO Capital Markets began coverage on US Ecology in a report on Thursday, June 29th. They set a market perform rating and a $54.00 price objective on the stock. BidaskClub upgraded US Ecology from a hold rating to a buy rating in a report on Tuesday, June 13th. Zacks Investment Research upgraded US Ecology from a hold rating to a buy rating and set a $53.00 price objective on the stock in a report on Tuesday, April 25th. Finally, Canaccord Genuity restated a buy rating on shares of US Ecology in a report on Friday, April 28th. 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 presently has an average rating of Hold and a consensus target price of $50.75.
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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