Zacks: Analysts Anticipate US Ecology Inc (ECOL) to Announce $0.62 EPS

Brokerages expect US Ecology Inc (NASDAQ:ECOL) to announce $0.62 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for US Ecology’s earnings, with estimates ranging from $0.56 to $0.69. US Ecology posted earnings of $0.36 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 72.2%. The firm is scheduled to issue its next quarterly earnings results on Thursday, February 15th.

On average, analysts expect that US Ecology will report full-year earnings of $1.61 per share for the current fiscal year, with EPS estimates ranging from $1.55 to $1.68. For the next year, analysts expect that the firm will post earnings of $1.95 per share, with EPS estimates ranging from $1.80 to $2.11. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover US Ecology.

US Ecology (NASDAQ:ECOL) last released its earnings results on Thursday, October 26th. The business services provider reported $0.37 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.23). US Ecology had a return on equity of 10.35% and a net margin of 5.39%. The company had revenue of $135.05 million during the quarter, compared to the consensus estimate of $135.29 million. During the same period last year, the firm posted $0.47 earnings per share. The company’s revenue was up 8.2% compared to the same quarter last year.

ECOL has been the topic of several analyst reports. Canaccord Genuity reissued a “buy” rating and issued a $60.00 target price on shares of US Ecology in a report on Friday, September 8th. Zacks Investment Research downgraded US Ecology from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Stifel Nicolaus reissued a “buy” rating and issued a $60.00 target price on shares of US Ecology in a report on Friday, October 6th. Finally, BMO Capital Markets lowered their price target on US Ecology from $54.00 to $47.00 and set a “market perform” rating on the stock in a report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $51.25.

In other US Ecology news, CEO Jeffrey R. Feeler sold 3,000 shares of the stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $50.56, for a total value of $151,680.00. Following the transaction, the chief executive officer now owns 54,925 shares of the company’s stock, valued at $2,777,008. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of ECOL. Schwab Charles Investment Management Inc. lifted its holdings in US Ecology by 0.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 90,544 shares of the business services provider’s stock valued at $4,573,000 after acquiring an additional 750 shares during the period. Legal & General Group Plc increased its position in US Ecology by 9.2% in the second quarter. Legal & General Group Plc now owns 42,419 shares of the business services provider’s stock worth $2,141,000 after buying an additional 3,558 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in US Ecology by 57.3% in the second quarter. BNP Paribas Arbitrage SA now owns 6,627 shares of the business services provider’s stock worth $335,000 after buying an additional 2,415 shares in the last quarter. Victory Capital Management Inc. increased its position in US Ecology by 17.6% in the second quarter. Victory Capital Management Inc. now owns 3,267 shares of the business services provider’s stock worth $165,000 after buying an additional 488 shares in the last quarter. Finally, Commerce Bank increased its position in US Ecology by 22.8% in the second quarter. Commerce Bank now owns 8,985 shares of the business services provider’s stock worth $454,000 after buying an additional 1,670 shares in the last quarter. 87.79% of the stock is currently owned by institutional investors.

US Ecology (NASDAQ:ECOL) traded up $2.10 during trading on Friday, reaching $52.95. The company’s stock had a trading volume of 45,700 shares, compared to its average volume of 42,833. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.94. US Ecology has a twelve month low of $44.50 and a twelve month high of $55.75. The company has a market capitalization of $1,140.00, a P/E ratio of 44.13 and a beta of 0.71.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, January 19th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, January 18th. US Ecology’s dividend payout ratio is 60.00%.

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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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