UBS Group set a $63.00 price objective on US Ecology (NASDAQ:ECOL) in a research report released on Friday, November 1st, TipRanks reports. The brokerage currently has a hold rating on the business services provider’s stock.
Other equities analysts have also recently issued reports about the company. Zacks Investment Research raised US Ecology from a sell rating to a hold rating in a research report on Wednesday, October 23rd. BidaskClub cut US Ecology from a hold rating to a sell rating in a research report on Tuesday, September 24th. Finally, ValuEngine upgraded shares of US Ecology from a hold rating to a buy rating in a research note on Thursday, August 1st. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $65.67.
US Ecology stock opened at $54.60 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.03 and a current ratio of 2.03. The stock’s 50 day simple moving average is $62.18 and its two-hundred day simple moving average is $61.07. US Ecology has a fifty-two week low of $54.15 and a fifty-two week high of $72.85. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 23.53 and a beta of 0.53.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings results on Wednesday, October 30th. The business services provider reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.01. The firm had revenue of $167.40 million for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 EPS. On average, analysts predict that US Ecology will post 2.2 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 18th were paid a $0.18 dividend. The ex-dividend date was Thursday, October 17th. This represents a $0.72 annualized dividend and a dividend yield of 1.32%. US Ecology’s dividend payout ratio (DPR) is 31.03%.
Large investors have recently bought and sold shares of the company. American Research & Management Co. purchased a new stake in shares of US Ecology in the 2nd quarter worth $36,000. US Bancorp DE increased its stake in US Ecology by 20.0% in the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock worth $73,000 after buying an additional 206 shares in the last quarter. Marshall Wace LLP purchased a new stake in US Ecology in the 1st quarter worth $77,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in US Ecology by 27.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock worth $94,000 after buying an additional 317 shares in the last quarter. Finally, First Mercantile Trust Co. increased its stake in US Ecology by 13.5% in the 2nd quarter. First Mercantile Trust Co. now owns 1,510 shares of the business services provider’s stock worth $90,000 after buying an additional 180 shares in the last quarter. Hedge funds and other institutional investors own 87.30% of the company’s stock.
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.
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