A number of other equities analysts have also weighed in on ECOL. Zacks Investment Research lowered shares of US Ecology from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 6th. UBS Group lowered their target price on shares of US Ecology from $63.00 to $58.00 and set a “neutral” rating for the company in a report on Friday, November 15th. Finally, BidaskClub downgraded shares of US Ecology from a “sell” rating to a “strong sell” rating in a report on Friday, November 15th. Three analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock has an average rating of “Sell” and an average target price of $65.67.
Shares of NASDAQ:ECOL traded down $0.73 during trading on Thursday, reaching $54.04. The stock had a trading volume of 128,800 shares, compared to its average volume of 119,200. The business has a fifty day moving average price of $61.62 and a 200-day moving average price of $60.98. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.95. The stock has a market cap of $1.21 billion, a P/E ratio of 23.29 and a beta of 0.53. US Ecology has a fifty-two week low of $53.48 and a fifty-two week high of $70.48.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Wednesday, October 30th. The business services provider reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.01. The business had revenue of $167.40 million during the quarter, compared to analyst estimates of $161.25 million. US Ecology had a net margin of 8.22% and a return on equity of 13.61%. The company’s revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.61 earnings per share. As a group, equities analysts forecast that US Ecology will post 2.2 EPS for the current year.
A number of institutional investors have recently added to or reduced their stakes in ECOL. Marshall Wace LLP purchased a new stake in US Ecology in the first quarter valued at approximately $77,000. Crossmark Global Holdings Inc. purchased a new stake in US Ecology in the second quarter valued at approximately $204,000. Oregon Public Employees Retirement Fund grew its holdings in US Ecology by 2.3% in the second 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 during the period. Fenimore Asset Management Inc. grew its holdings in US Ecology by 0.7% in the second quarter. Fenimore Asset Management Inc. now owns 213,066 shares of the business services provider’s stock valued at $12,686,000 after purchasing an additional 1,520 shares during the period. Finally, American Research & Management Co. purchased a new stake in US Ecology in the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 87.30% of the company’s stock.
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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