US Ecology (NASDAQ:ECOL) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, November 21st, ValuEngine reports.
Several other equities analysts have also recently issued reports on the company. BidaskClub cut US Ecology from a “sell” rating to a “strong sell” rating in a report on Friday, November 15th. Zacks Investment Research lowered shares of US Ecology from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 6th. Finally, UBS Group set a $63.00 price objective on US Ecology and gave the company a “hold” rating in a report on Friday, November 1st.
Shares of NASDAQ:ECOL opened at $56.13 on Thursday. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 24.19 and a beta of 0.54. US Ecology has a fifty-two week low of $53.48 and a fifty-two week high of $67.27. The business’s fifty day moving average price is $59.21 and its two-hundred day moving average price is $60.80. 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 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.01. The company had revenue of $167.40 million for the quarter, compared to analyst estimates 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 was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.61 earnings per share. Research analysts expect that US Ecology will post 2.2 EPS for the current fiscal year.
Several large investors have recently bought and sold shares of the business. American Research & Management Co. bought a new position in shares of US Ecology in the second quarter valued at $36,000. US Bancorp DE raised its holdings in shares of US Ecology by 20.0% in the 2nd quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock valued at $73,000 after purchasing an additional 206 shares during the period. Marshall Wace LLP acquired a new stake in US Ecology in the 1st quarter valued at about $77,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings 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 worth $94,000 after purchasing an additional 317 shares during the period. Finally, First Mercantile Trust Co. grew its holdings in US Ecology by 13.5% during the second quarter. First Mercantile Trust Co. now owns 1,510 shares of the business services provider’s stock worth $90,000 after purchasing an additional 180 shares during the period. 89.44% of the stock is currently owned by hedge funds and other institutional investors.
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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