US Ecology Inc (ECOL) Receives Average Rating of “Hold” from Analysts

US Ecology Inc (NASDAQ:ECOL) has been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $52.80.

Several research analysts have recently issued reports on the stock. BMO Capital Markets lowered their target price on shares of US Ecology from $54.00 to $47.00 and set a “market perform” rating for the company in a report on Monday, October 30th. Zacks Investment Research upgraded shares of US Ecology from a “sell” rating to a “hold” rating in a research report on Monday, January 1st. Stifel Nicolaus reiterated a “buy” rating and issued a $60.00 price target on shares of US Ecology in a research report on Friday, October 6th. Canaccord Genuity reiterated a “buy” rating and issued a $57.00 price target (down previously from $60.00) on shares of US Ecology in a research report on Monday, October 30th. Finally, BidaskClub downgraded shares of US Ecology from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th.

US Ecology (ECOL) opened at $51.75 on Tuesday. US Ecology has a twelve month low of $44.50 and a twelve month high of $55.75. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.00 and a quick ratio of 2.00. The stock has a market cap of $1,130.69, a price-to-earnings ratio of 43.13 and a beta of 0.71.

US Ecology (NASDAQ:ECOL) last issued its earnings results on Thursday, October 26th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.23). US Ecology had a net margin of 5.39% and a return on equity of 10.35%. The company had revenue of $135.05 million during the quarter, compared to analyst estimates of $135.29 million. During the same quarter in the previous year, the company posted $0.47 EPS. The company’s quarterly revenue was up 8.2% on a year-over-year basis. sell-side analysts expect that US Ecology will post 1.61 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 19th will be given a $0.18 dividend. The ex-dividend date is Thursday, January 18th. This represents a $0.72 annualized dividend and a yield of 1.39%. US Ecology’s dividend payout ratio (DPR) is 60.00%.

In related news, CEO Jeffrey R. Feeler sold 3,000 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $50.56, for a total value of $151,680.00. Following the completion of the sale, the chief executive officer now owns 54,925 shares in the company, valued at approximately $2,777,008. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.50% of the stock is owned by corporate insiders.

Institutional investors have recently made changes to their positions in the business. Flinton Capital Management LLC raised its position in US Ecology by 54.3% during the 2nd quarter. Flinton Capital Management LLC now owns 1,988 shares of the business services provider’s stock worth $100,000 after buying an additional 700 shares during the last quarter. Pinebridge Investments L.P. raised its position in US Ecology by 1.1% during the 2nd quarter. Pinebridge Investments L.P. now owns 2,875 shares of the business services provider’s stock worth $145,000 after buying an additional 32 shares during the last quarter. Victory Capital Management Inc. raised its position in US Ecology by 17.6% during the 2nd 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 during the last quarter. YorkBridge Wealth Partners LLC purchased a new position in US Ecology during the 3rd quarter worth $215,000. Finally, Susquehanna International Group LLP purchased a new position in US Ecology during the 2nd quarter worth $229,000. Institutional investors own 87.79% of the company’s stock.

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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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