US Ecology Inc (NASDAQ:ECOL) has been given a consensus rating of “Hold” by the six analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $59.75.
ECOL has been the topic of a number of analyst reports. Zacks Investment Research raised US Ecology from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research note on Monday, January 8th. Canaccord Genuity reissued a “buy” rating and issued a $64.00 price target on shares of US Ecology in a research note on Friday, February 16th. BMO Capital Markets reissued a “hold” rating and issued a $52.00 price target on shares of US Ecology in a research note on Wednesday, January 24th. UBS Group initiated coverage on US Ecology in a research note on Wednesday. They issued a “sell” rating on the stock. Finally, BidaskClub downgraded US Ecology from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th.
Shares of US Ecology (NASDAQ ECOL) traded up $0.50 on Wednesday, reaching $56.00. The company’s stock had a trading volume of 68,005 shares, compared to its average volume of 101,928. The company has a market cap of $1,223.93, a price-to-earnings ratio of 24.89 and a beta of 0.69. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.23 and a quick ratio of 2.23. US Ecology has a 52-week low of $44.50 and a 52-week high of $59.70.
In other US Ecology news, Director Stephen A. Romano sold 3,000 shares of US Ecology stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $58.95, for a total value of $176,850.00. Following the sale, the director now owns 25,395 shares of the company’s stock, valued at approximately $1,497,035.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jeffrey R. Feeler sold 25,000 shares of US Ecology stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $54.59, for a total value of $1,364,750.00. Following the completion of the sale, the chief executive officer now directly owns 79,127 shares in the company, valued at approximately $4,319,542.93. The disclosure for this sale can be found here. Insiders have sold a total of 35,742 shares of company stock worth $1,972,642 in the last ninety days. 1.50% of the stock is currently owned by company insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Atlanta Capital Management Co. L L C grew its holdings in shares of US Ecology by 41.4% in the 4th quarter. Atlanta Capital Management Co. L L C now owns 422,195 shares of the business services provider’s stock valued at $21,532,000 after acquiring an additional 123,674 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in shares of US Ecology by 59.0% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 8,190 shares of the business services provider’s stock valued at $441,000 after acquiring an additional 3,040 shares in the last quarter. Swiss National Bank grew its holdings in shares of US Ecology by 7.0% in the 4th quarter. Swiss National Bank now owns 38,300 shares of the business services provider’s stock valued at $1,953,000 after acquiring an additional 2,500 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of US Ecology by 68.3% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 11,154 shares of the business services provider’s stock valued at $600,000 after acquiring an additional 4,527 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of US Ecology by 28.2% in the 3rd quarter. Wells Fargo & Company MN now owns 58,500 shares of the business services provider’s stock valued at $3,148,000 after acquiring an additional 12,879 shares in the last quarter. Institutional investors own 86.32% 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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