US Ecology (NASDAQ:ECOL) had its price target reduced by UBS Group from $63.00 to $58.00 in a research report issued to clients and investors on Friday, November 15th, Stock Target Advisor reports. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s price target points to a potential upside of 7.27% from the company’s previous close.
Several other equities research analysts have also recently weighed in on ECOL. ValuEngine raised shares of US Ecology from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Zacks Investment Research cut shares of US Ecology from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th. Finally, BidaskClub cut shares of US Ecology from a “sell” rating to a “strong sell” rating in a research report on Friday, November 15th.
NASDAQ ECOL traded up $0.03 during trading on Friday, hitting $54.07. 382,300 shares of the company’s stock traded hands, compared to its average volume of 221,927. The stock has a fifty day moving average of $61.44 and a two-hundred day moving average of $60.97. US Ecology has a 12-month low of $53.48 and a 12-month high of $70.48. The firm has a market cap of $1.19 billion, a P/E ratio of 23.31 and a beta of 0.53. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.03 and a quick ratio of 2.03.
US Ecology (NASDAQ:ECOL) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.01. US Ecology had a net margin of 8.22% and a return on equity of 13.61%. The firm had revenue of $167.40 million during the quarter, compared to analysts’ expectations of $161.25 million. During the same quarter in the prior year, the company earned $0.61 EPS. The company’s revenue was up 10.6% compared to the same quarter last year. As a group, analysts expect that US Ecology will post 2.2 earnings per share for the current fiscal year.
A number of large investors have recently bought and sold shares of the stock. First Mercantile Trust Co. lifted its position in US Ecology by 11.6% during the third quarter. First Mercantile Trust Co. now owns 1,685 shares of the business services provider’s stock valued at $108,000 after acquiring an additional 175 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in US Ecology by 2.3% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 8,736 shares of the business services provider’s stock valued at $520,000 after purchasing an additional 200 shares in the last quarter. US Bancorp DE increased its stake 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 purchasing an additional 206 shares in the last quarter. Arizona State Retirement System increased its stake in US Ecology by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 34,265 shares of the business services provider’s stock valued at $2,040,000 after purchasing an additional 219 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake 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 purchasing an additional 317 shares in the last quarter. 87.30% of the stock is owned by institutional investors.
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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