Positive News Coverage Somewhat Unlikely to Affect US Ecology (NASDAQ:ECOL) Share Price
Press coverage about US Ecology (NASDAQ:ECOL) has trended positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. US Ecology earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 48 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- US Ecology, Inc. to Present at the Canaccord Genuity 37th Annual Growth Conference on Wednesday August 9th (finance.yahoo.com)
- US Ecology, Inc. breached its 50 day moving average in a Bearish Manner : ECOL-US : August 3, 2017 (finance.yahoo.com)
- Insider Selling: US Ecology, Inc. (ECOL) Director Sells 3,000 Shares of Stock (americanbankingnews.com)
- Air Products and Chemicals, Athenahealth, U.S. Silica Holdings (timesofindia.indiatimes.com)
- Equities Analysts Issue Forecasts for US Ecology, Inc. s Q3 2017 Earnings (environmentguru.com)
Several equities research analysts have recently weighed in on ECOL shares. BidaskClub raised US Ecology from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Canaccord Genuity reaffirmed a “buy” rating on shares of US Ecology in a research report on Friday, April 28th. Zacks Investment Research cut US Ecology from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $55.00 target price on shares of US Ecology in a research report on Wednesday, July 19th. Finally, BMO Capital Markets assumed coverage on US Ecology in a report on Thursday, June 29th. They set a “market perform” rating and a $54.00 price objective for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $52.00.
US Ecology (NASDAQ:ECOL) traded up 0.49% during trading on Thursday, reaching $51.45. The company’s stock had a trading volume of 53,956 shares. The company’s 50 day moving average price is $51.70 and its 200 day moving average price is $50.15. The company has a market cap of $1.12 billion, a P/E ratio of 39.88 and a beta of 0.67. US Ecology has a 52 week low of $38.00 and a 52 week high of $55.00.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.38. The firm had revenue of $126.06 million during the quarter, compared to analysts’ expectations of $128.38 million. US Ecology had a net margin of 5.86% and a return on equity of 11.37%. The business’s revenue was up 3.0% on a year-over-year basis. During the same period last year, the company earned $0.41 earnings per share. On average, equities analysts anticipate that US Ecology will post $1.77 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, July 28th. Investors of record on Friday, July 21st were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend was Wednesday, July 19th. US Ecology’s dividend payout ratio (DPR) is presently 56.25%.
In related news, Director Stephen A. Romano sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $52.05, for a total transaction of $156,150.00. Following the transaction, the director now directly owns 28,395 shares in the company, valued at $1,477,959.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.30% of the stock is currently owned by insiders.
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US Ecology Company Profile
US Ecology, Inc is a provider of environmental services to commercial and government entities. The Company offers treatment, disposal and recycling of hazardous, non-hazardous and radioactive waste, as well as a range of field and industrial services. The Company operates in two business segments: Environmental Services, and Field & Industrial Services.
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