US Ecology (NASDAQ:ECOL) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Friday, BidAskClub reports.
Other research analysts have also issued reports about the stock. 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. ValuEngine upgraded shares of US Ecology from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Finally, UBS Group set a $63.00 price target on shares of US Ecology and gave the company a “hold” rating in a research report on Friday, November 1st. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $65.67.
Shares of NASDAQ ECOL traded down $1.48 during midday trading on Friday, reaching $54.89. The company’s stock had a trading volume of 310,400 shares, compared to its average volume of 200,323. The firm has a 50 day moving average price of $62.74 and a 200-day moving average price of $61.14. The stock has a market capitalization of $1.25 billion, a P/E ratio of 23.66 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 has a 12-month low of $54.24 and a 12-month high of $72.85.
US Ecology (NASDAQ:ECOL) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.01. The firm 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 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 business earned $0.61 EPS. On average, equities analysts predict that US Ecology will post 2.2 EPS for the current year.
A number of large investors have recently made changes to their positions in the stock. First Mercantile Trust Co. grew its position in US Ecology by 11.6% in the third quarter. First Mercantile Trust Co. now owns 1,685 shares of the business services provider’s stock worth $108,000 after acquiring an additional 175 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in US Ecology by 2.3% during 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 buying an additional 200 shares during the period. US Bancorp DE boosted its position in US Ecology by 20.0% during the second quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock valued at $73,000 after buying an additional 206 shares during the period. Arizona State Retirement System boosted its position in US Ecology by 0.6% during the second quarter. Arizona State Retirement System now owns 34,265 shares of the business services provider’s stock valued at $2,040,000 after buying an additional 219 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in US Ecology by 27.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after buying an additional 317 shares during the period. Institutional investors own 87.44% 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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