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

US Ecology Inc (NASDAQ:ECOL) has been given an average rating of “Hold” by the six brokerages that are presently covering the stock, Marketbeat 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 brokerages that have issued ratings on the stock in the last year is $53.80.

Several brokerages recently commented on ECOL. BMO Capital Markets restated a “hold” rating and set a $52.00 target price on shares of US Ecology in a research report on Wednesday, January 24th. BidaskClub cut shares of US Ecology from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. Zacks Investment Research upgraded shares of US Ecology from a “hold” rating to a “buy” rating and set a $59.00 target price for the company in a research report on Monday, January 8th. Finally, Canaccord Genuity restated a “buy” rating and set a $57.00 target price (down previously from $60.00) on shares of US Ecology in a research report on Monday, October 30th.

Shares of US Ecology (NASDAQ:ECOL) opened at $48.55 on Friday. 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 52 week low of $44.50 and a 52 week high of $55.75. The company has a market cap of $1,034.56, a PE ratio of 40.46 and a beta of 0.72.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 26th. Shareholders of record on Friday, January 19th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend was Thursday, January 18th. US Ecology’s payout ratio is currently 60.00%.

In other US Ecology news, CEO Jeffrey R. Feeler sold 3,000 shares of US Ecology stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $50.56, for a total transaction of $151,680.00. Following the completion of the transaction, the chief executive officer now owns 54,925 shares in the company, valued at $2,777,008. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.30% of the company’s stock.

Institutional investors and hedge funds 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 second quarter. Flinton Capital Management LLC now owns 1,988 shares of the business services provider’s stock worth $100,000 after acquiring an additional 700 shares during the last quarter. YorkBridge Wealth Partners LLC acquired a new position in shares of US Ecology in the third quarter valued at approximately $215,000. Susquehanna International Group LLP acquired a new position in shares of US Ecology in the second quarter valued at approximately $229,000. Piedmont Investment Advisors LLC acquired a new position in shares of US Ecology in the second quarter valued at approximately $238,000. Finally, FDx Advisors Inc. acquired a new position in shares of US Ecology in the fourth quarter valued at approximately $244,000. Institutional investors own 87.43% 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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