Brokerages Anticipate US Ecology Inc (ECOL) to Post $0.62 EPS

Wall Street analysts expect US Ecology Inc (NASDAQ:ECOL) to post earnings of $0.62 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for US Ecology’s earnings. The lowest EPS estimate is $0.56 and the highest is $0.69. US Ecology posted earnings of $0.36 per share during the same quarter last year, which suggests a positive year over year growth rate of 72.2%. The firm is scheduled to announce its next earnings results on Thursday, February 15th.

According to Zacks, 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 fiscal year, analysts expect that the company will post earnings of $2.06 per share, with EPS estimates ranging from $1.94 to $2.12. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow US Ecology.

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

A number of brokerages recently commented on ECOL. Zacks Investment Research lowered US Ecology from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $60.00 target price on shares of US Ecology in a research report on Friday, October 6th. BidaskClub lowered US Ecology from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. BMO Capital Markets decreased their target price on US Ecology from $54.00 to $47.00 and set a “market perform” rating for the company in a research report on Monday, October 30th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $57.00 target price (down from $60.00) on shares of US Ecology in a research report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. US Ecology presently has an average rating of “Hold” and an average target price of $52.80.

Shares of US Ecology (NASDAQ:ECOL) traded up $0.50 during trading on Monday, reaching $52.80. The company had a trading volume of 120,300 shares, compared to its average volume of 96,354. US Ecology has a twelve month low of $44.50 and a twelve month high of $55.75. The company has a market cap of $1,150.00, a price-to-earnings ratio of 44.00 and a beta of 0.71. 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 company also recently announced 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. 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 payout ratio is 60.00%.

In related news, CEO Jeffrey R. Feeler sold 3,000 shares of the business’s 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 completion of the sale, the chief executive officer now directly owns 54,925 shares of the company’s stock, valued at approximately $2,777,008. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.50% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Flinton Capital Management LLC increased its holdings 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 purchasing an additional 700 shares in the last quarter. Pinebridge Investments L.P. increased its holdings 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 purchasing an additional 32 shares in the last quarter. Victory Capital Management Inc. increased its holdings 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 purchasing an additional 488 shares in the last quarter. YorkBridge Wealth Partners LLC bought a new stake in US Ecology during the 3rd quarter worth approximately $215,000. Finally, Susquehanna International Group LLP bought a new stake in US Ecology during the 2nd quarter worth approximately $229,000. 87.59% of the stock is owned by hedge funds and other institutional investors.

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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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