Brokerages expect US Ecology, Inc. (NASDAQ:ECOL) to announce $0.17 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for US Ecology’s earnings. The lowest EPS estimate is $0.14 and the highest is $0.19. US Ecology reported earnings per share of $0.38 in the same quarter last year, which suggests a negative year-over-year growth rate of 55.3%. The business is scheduled to announce its next quarterly earnings results on Wednesday, February 24th.
On average, analysts expect that US Ecology will report full-year earnings of $0.42 per share for the current fiscal year, with EPS estimates ranging from $0.41 to $0.43. For the next year, analysts anticipate that the company will report earnings of $0.73 per share, with EPS estimates ranging from $0.65 to $0.80. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for US Ecology.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, November 5th. The business services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.12 by $0.13. US Ecology had a positive return on equity of 2.55% and a negative net margin of 32.51%. The firm had revenue of $238.10 million during the quarter, compared to analyst estimates of $237.85 million. During the same quarter in the prior year, the business posted $0.75 EPS. The business’s revenue for the quarter was up 42.2% compared to the same quarter last year.
Separately, Zacks Investment Research downgraded US Ecology from a “hold” rating to a “sell” rating in a research report on Monday, January 4th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $50.00.
Through Berkshire Hathaway…Warren Buffett recently dumped $800 million of Apple stock…
And bought this instead!
He’s now moved $3.8 BILLION in a tiny niche of the tech sector billionaires are flocking to…
Institutional investors and hedge funds have recently made changes to their positions in the business. Horan Capital Advisors LLC. acquired a new stake in US Ecology during the 3rd quarter worth about $33,000. Perigon Wealth Management LLC purchased a new stake in shares of US Ecology during the 4th quarter worth about $35,000. Nisa Investment Advisors LLC purchased a new stake in shares of US Ecology during the 3rd quarter worth about $36,000. Marshall Wace LLP purchased a new stake in shares of US Ecology during the 1st quarter worth about $77,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of US Ecology by 21.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,963 shares of the business services provider’s stock worth $204,000 after acquiring an additional 1,053 shares in the last quarter. 86.47% of the stock is currently owned by institutional investors.
NASDAQ ECOL opened at $33.00 on Monday. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.38 and a quick ratio of 2.38. The stock’s fifty day moving average price is $36.58 and its 200 day moving average price is $35.24. US Ecology has a 1 year low of $24.94 and a 1 year high of $54.97. The company has a market cap of $1.04 billion, a price-to-earnings ratio of -3.43 and a beta of 1.20.
US Ecology Company Profile
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, Europe, the Middle East, Africa, Mexico, internationally. It operates through two segments, Environmental Services, and Field & Industrial Services. The Environmental Services segment offers specialty material management services, including transportation, recycling, treatment, and disposal of hazardous, non-hazardous, E&P, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.
Further Reading: How Do Mutual Funds Work?
Get a free copy of the Zacks research report on US Ecology (ECOL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
12 Stocks Corporate Insiders are Abandoning
An insider trade occurs when a corporate executive (such as a CEO, CFO, or COO) has non-public information about a company buys or sells shares of that company’s stock. Company insiders are required by law to regularly report their stock purchases and sales to the SEC.
Tracking a company’s insider trades is a metric that can be used to identify the direction that the company’s executives believe that the company is headed. If a number of insiders sell shares of their company, they may believe that the company will have weak future earnings and that the share price will decline in the near future.
For example, if Microsoft’s CEO, CFO, and COO all recently sold shares of Microsoft stock, that would be an indication that there could be unreported news that may negatively affect Microsoft’s stock price in the near future.
This slideshow lists the 12 companies that have had the highest levels of insider buying within the last 180 days.
Recent Comments