Brokerages expect that US Ecology Inc (NASDAQ:ECOL) will report sales of $150.30 million for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for US Ecology’s earnings, with the lowest sales estimate coming in at $150.00 million and the highest estimate coming in at $150.60 million. US Ecology reported sales of $136.91 million during the same quarter last year, which indicates a positive year-over-year growth rate of 9.8%. The company is expected to report its next quarterly earnings results on Thursday, August 1st.
On average, analysts expect that US Ecology will report full-year sales of $607.15 million for the current fiscal year, with estimates ranging from $604.30 million to $610.00 million. For the next year, analysts anticipate that the company will post sales of $644.75 million, with estimates ranging from $641.50 million to $648.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover US Ecology.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.10). The firm had revenue of $131.00 million for the quarter, compared to the consensus estimate of $130.90 million. US Ecology had a return on equity of 13.59% and a net margin of 8.39%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS.
Several research firms have weighed in on ECOL. UBS Group reiterated a “hold” rating on shares of Deutsche Bank in a research report on Thursday, April 4th. Zacks Investment Research cut Heritage Insurance from a “hold” rating to a “strong sell” rating in a research report on Friday, April 26th. BidaskClub upgraded Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a research report on Thursday, July 4th. Finally, ValuEngine upgraded Xylem from a “hold” rating to a “buy” rating in a research report on Friday, June 21st. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $70.20.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Zacks Investment Management acquired a new stake in US Ecology in the fourth quarter valued at about $628,000. Macquarie Group Ltd. boosted its stake in shares of US Ecology by 1.4% during the fourth quarter. Macquarie Group Ltd. now owns 615,392 shares of the business services provider’s stock valued at $38,757,000 after purchasing an additional 8,745 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of US Ecology by 2.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 15,670 shares of the business services provider’s stock valued at $987,000 after purchasing an additional 344 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of US Ecology by 21.6% during the first quarter. Oppenheimer Asset Management Inc. now owns 1,060 shares of the business services provider’s stock valued at $59,000 after purchasing an additional 188 shares in the last quarter. Finally, Piedmont Investment Advisors Inc. boosted its stake in shares of US Ecology by 6.1% during the first quarter. Piedmont Investment Advisors Inc. now owns 5,560 shares of the business services provider’s stock valued at $311,000 after purchasing an additional 318 shares in the last quarter. 82.29% of the stock is currently owned by institutional investors.
ECOL stock opened at $60.61 on Friday. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.95. The company has a market cap of $1.32 billion, a PE ratio of 26.13 and a beta of 0.49. The stock’s fifty day moving average price is $60.06. US Ecology has a fifty-two week low of $54.24 and a fifty-two week high of $77.15.
The business also recently announced a quarterly dividend, which will be paid on Friday, July 26th. Stockholders of record on Friday, July 19th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, July 18th. US Ecology’s dividend payout ratio (DPR) is currently 31.03%.
About US Ecology
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, and Mexico. It operates through two segments, Environmental Services, and Field & Industrial Services. The Environmental Services segment offers hazardous material management services, including transportation, recycling, treatment, and disposal of hazardous, non-hazardous, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.
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