US Ecology Inc (NASDAQ:ECOL) declared a quarterly dividend on Friday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 17th will be given a dividend of 0.18 per share by the business services provider on Friday, January 24th. This represents a $0.72 annualized dividend and a yield of 1.32%. The ex-dividend date is Thursday, January 16th.
US Ecology has a dividend payout ratio of 32.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect US Ecology to earn $2.14 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 33.6%.
NASDAQ ECOL opened at $54.55 on Friday. US Ecology has a 1-year low of $53.43 and a 1-year high of $67.24. The company has a market cap of $1.22 billion, a P/E ratio of 24.03 and a beta of 0.55. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.03 and a quick ratio of 2.03. The stock has a 50-day moving average of $56.19 and a two-hundred day moving average of $59.89.
US Ecology (NASDAQ:ECOL) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 EPS for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.01. The business had revenue of $167.40 million during the quarter, compared to the consensus estimate of $161.25 million. US Ecology had a return on equity of 13.61% and a net margin of 8.22%. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.61 earnings per share. On average, analysts anticipate that US Ecology will post 2.16 EPS for the current fiscal year.
Several equities research analysts have recently commented on ECOL shares. BidaskClub cut US Ecology from a “sell” rating to a “strong sell” rating in a research note on Friday, November 15th. UBS Group set a $63.00 price objective on US Ecology and gave the stock a “hold” rating in a report on Friday, November 1st. ValuEngine lowered US Ecology from a “buy” rating to a “hold” rating in a report on Wednesday, January 15th. Finally, Zacks Investment Research lowered US Ecology from a “hold” rating to a “strong sell” rating in a report on Thursday, January 16th.
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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