ECOL has been the topic of a number of other research reports. ValuEngine raised US Ecology from a hold rating to a buy rating in a research note on Thursday, August 1st. Zacks Investment Research lowered US Ecology from a hold rating to a strong sell rating in a research report on Wednesday, November 6th. 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.
NASDAQ:ECOL traded down $0.09 during midday trading on Friday, reaching $54.99. 36,088 shares of the company traded hands, compared to its average volume of 120,330. 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 has a twelve month low of $53.48 and a twelve month high of $70.48. The company has a fifty day moving average price of $60.27 and a 200 day moving average price of $60.87. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 23.70 and a beta of 0.53.
US Ecology (NASDAQ:ECOL) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $0.75 earnings per share (EPS) for the quarter, topping the Zacks’ 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 during the quarter, compared to analyst estimates of $161.25 million. During the same quarter in the previous year, the firm posted $0.61 EPS. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. On average, equities research analysts forecast that US Ecology will post 2.2 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the stock. American Research & Management Co. purchased a new position in US Ecology in the second quarter valued at about $36,000. US Bancorp DE boosted its stake in shares of US Ecology by 20.0% during the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock worth $73,000 after acquiring an additional 206 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of US Ecology during the 1st quarter worth about $77,000. First Mercantile Trust Co. boosted its stake in shares of 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 worth $90,000 after acquiring an additional 180 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of 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 worth $94,000 after acquiring an additional 317 shares in the last quarter. 89.44% of the stock is currently owned by hedge funds and other institutional investors.
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.
Recommended Story: What are Bollinger Bands?
Receive News & Ratings for US Ecology Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for US Ecology and related companies with MarketBeat.com’s FREE daily email newsletter.