Wall Street analysts expect US Ecology Inc (NASDAQ:ECOL) to announce earnings of $0.61 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for US Ecology’s earnings, with the highest EPS estimate coming in at $0.64 and the lowest estimate coming in at $0.57. US Ecology reported earnings per share of $0.65 during the same quarter last year, which suggests a negative year over year growth rate of 6.2%. The company is scheduled to report its next earnings report on Thursday, February 20th.
On average, analysts expect that US Ecology will report full year earnings of $2.20 per share for the current financial year. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.23 per share, with EPS estimates ranging from $2.00 to $2.46. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow US Ecology.
US Ecology (NASDAQ:ECOL) last announced its earnings results on Wednesday, October 30th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.01. The business had revenue of $167.40 million during the quarter, compared to analyst estimates of $161.25 million. US Ecology had a return on equity of 13.61% and a net margin of 8.22%. US Ecology’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period last year, the company earned $0.61 EPS.
Several research analysts have recently weighed in on the company. ValuEngine lowered US Ecology from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st. UBS Group set a $63.00 price objective on US Ecology and gave the stock a “hold” rating in a research report on Friday, November 1st. Zacks Investment Research raised US Ecology from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, BidaskClub lowered US Ecology from a “sell” rating to a “strong sell” rating in a research report on Friday, November 15th.
Hedge funds have recently bought and sold shares of the company. US Bancorp DE increased its position in US Ecology by 20.0% in the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock valued at $73,000 after buying an additional 206 shares in the last quarter. Marshall Wace LLP bought a new stake in US Ecology in the 1st quarter valued at about $77,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in US Ecology by 27.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after buying an additional 317 shares in the last quarter. First Mercantile Trust Co. increased its position in US Ecology by 11.6% in the 3rd quarter. First Mercantile Trust Co. now owns 1,685 shares of the business services provider’s stock valued at $108,000 after buying an additional 175 shares in the last quarter. Finally, Usca Ria LLC bought a new stake in US Ecology in the 3rd quarter valued at about $128,000. 89.45% of the stock is owned by hedge funds and other institutional investors.
Shares of ECOL stock traded down $0.18 during mid-day trading on Wednesday, hitting $55.47. The company’s stock had a trading volume of 108,995 shares, compared to its average volume of 149,462. The company’s fifty day simple moving average is $56.15 and its 200-day simple moving average is $60.18. US Ecology has a 52 week low of $53.48 and a 52 week high of $67.24. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.03 and a current ratio of 2.03. The company has a market cap of $1.23 billion, a PE ratio of 23.91 and a beta of 0.55.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 17th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, January 16th. US Ecology’s dividend payout ratio (DPR) is presently 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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