US Ecology (NASDAQ:ECOL) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday, November 5th, BidAskClub reports.
Several other research firms have also recently commented on ECOL. Zacks Investment Research raised US Ecology from a “sell” rating to a “hold” rating in a research report on Wednesday, October 23rd. ValuEngine raised US Ecology from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Finally, UBS Group set a $63.00 target price on US Ecology and gave the stock a “hold” rating in a research report on Friday, November 1st.
Shares of NASDAQ ECOL traded down $0.01 during trading on Tuesday, reaching $55.08. The company had a trading volume of 106,300 shares, compared to its average volume of 120,696. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.95. US Ecology has a 12-month low of $53.48 and a 12-month high of $70.48. The stock has a market cap of $1.19 billion, a PE ratio of 23.74 and a beta of 0.53. The business’s 50-day moving average is $60.58 and its 200 day moving average is $60.90.
US Ecology (NASDAQ:ECOL) last released its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 EPS for the quarter, beating the consensus estimate of $0.74 by $0.01. US Ecology had a return on equity of 13.61% and a net margin of 8.22%. The company had revenue of $167.40 million for the quarter, compared to analysts’ expectations of $161.25 million. During the same period last year, the firm posted $0.61 earnings per share. US Ecology’s revenue was up 10.6% compared to the same quarter last year. On average, analysts anticipate that US Ecology will post 2.2 earnings per share for the current year.
A number of large investors have recently made changes to their positions in the business. American Research & Management Co. purchased a new position in shares of US Ecology in the 2nd quarter worth approximately $36,000. US Bancorp DE boosted its holdings in US Ecology by 20.0% during the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock valued at $73,000 after acquiring an additional 206 shares during the period. Marshall Wace LLP purchased a new position in US Ecology during the 1st quarter valued at $77,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in US Ecology by 27.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after acquiring an additional 317 shares during the period. Finally, First Mercantile Trust Co. boosted its holdings in US Ecology by 13.5% during the 2nd quarter. First Mercantile Trust Co. now owns 1,510 shares of the business services provider’s stock valued at $90,000 after acquiring an additional 180 shares during the period. 89.44% of the stock is currently owned by institutional investors and hedge funds.
US Ecology Company Profile
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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