US Ecology Inc (NASDAQ:ECOL) reached a new 52-week low on Monday after UBS Group lowered their price target on the stock from $63.00 to $58.00. UBS Group currently has a neutral rating on the stock. US Ecology traded as low as $54.15 and last traded at $54.47, with a volume of 3258 shares. The stock had previously closed at $54.89.
Several other research analysts also recently issued reports on the stock. ValuEngine upgraded shares of US Ecology from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. BidaskClub downgraded shares of US Ecology from a “sell” rating to a “strong sell” rating in a report on Friday. Finally, Zacks Investment Research downgraded shares of US Ecology from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $65.67.
Several large investors have recently made changes to their positions in ECOL. Marshall Wace LLP acquired a new position in shares of US Ecology during the first quarter worth $77,000. Syquant Capital Sas acquired a new position in shares of US Ecology during the second quarter worth $1,881,000. Crossmark Global Holdings Inc. acquired a new position in shares of US Ecology during the second quarter worth $204,000. Oregon Public Employees Retirement Fund increased its holdings in shares of 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 worth $520,000 after buying an additional 200 shares in the last quarter. Finally, Fenimore Asset Management Inc. increased its holdings in shares of US Ecology by 0.7% during the second quarter. Fenimore Asset Management Inc. now owns 213,066 shares of the business services provider’s stock worth $12,686,000 after buying an additional 1,520 shares in the last quarter. Institutional investors own 87.30% of the company’s stock.
The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 23.53 and a beta of 0.53. The firm’s fifty day moving average price is $62.18 and its 200-day moving average price is $61.07. 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 (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 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%. US Ecology’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.61 earnings per share. On average, research analysts predict that US Ecology Inc 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. Investors of record on Friday, October 18th were issued a $0.18 dividend. The ex-dividend date was Thursday, October 17th. This represents a $0.72 dividend on an annualized basis and a yield of 1.32%. US Ecology’s payout ratio is 31.03%.
About US Ecology (NASDAQ:ECOL)
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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