BidaskClub cut shares of US Ecology, Inc. (NASDAQ:ECOL) from a hold rating to a sell rating in a research report report published on Tuesday.

A number of other analysts have also weighed in on ECOL. Zacks Investment Research raised US Ecology from a hold rating to a buy rating and set a $53.00 price objective for the company in a research note on Tuesday, April 25th. Canaccord Genuity reissued a buy rating on shares of US Ecology in a research note on Friday, April 28th. Stifel Nicolaus raised US Ecology from a hold rating to a buy rating and increased their price objective for the company from $51.00 to $55.00 in a research note on Monday, May 1st. Finally, BMO Capital Markets initiated coverage on US Ecology in a research note on Thursday, June 29th. They set a market perform rating and a $54.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of $53.60.

US Ecology (NASDAQ ECOL) opened at 47.25 on Tuesday. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 36.94 and a beta of 0.67. US Ecology has a 12 month low of $38.00 and a 12 month high of $55.00. The stock’s 50 day moving average is $50.68 and its 200-day moving average is $49.86.

US Ecology (NASDAQ:ECOL) last released its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.38 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.38. The firm had revenue of $126.06 million during the quarter, compared to analyst estimates of $128.38 million. US Ecology had a return on equity of 11.37% and a net margin of 5.86%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.41 earnings per share. Equities analysts anticipate that US Ecology will post $1.78 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This piece was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another site, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/08/26/us-ecology-inc-ecol-cut-to-sell-at-bidaskclub.html.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 28th. Investors of record on Friday, July 21st were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date was Wednesday, July 19th. US Ecology’s payout ratio is 56.25%.

In other US Ecology news, Director Katina Dorton purchased 600 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The stock was bought at an average price of $47.16 per share, with a total value of $28,296.00. Following the completion of the purchase, the director now directly owns 3,970 shares of the company’s stock, valued at approximately $187,225.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen A. Romano sold 3,000 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $52.05, for a total value of $156,150.00. Following the completion of the sale, the director now directly owns 28,395 shares of the company’s stock, valued at approximately $1,477,959.75. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

A number of hedge funds have recently made changes to their positions in ECOL. Norges Bank acquired a new stake in shares of US Ecology during the fourth quarter worth approximately $6,354,000. Teachers Advisors LLC raised its stake in shares of US Ecology by 1.8% in the fourth quarter. Teachers Advisors LLC now owns 35,100 shares of the business services provider’s stock worth $1,725,000 after buying an additional 621 shares during the last quarter. Bank of Montreal Can raised its stake in shares of US Ecology by 0.4% in the first quarter. Bank of Montreal Can now owns 46,416 shares of the business services provider’s stock worth $2,174,000 after buying an additional 164 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in shares of US Ecology by 1.1% in the first quarter. Louisiana State Employees Retirement System now owns 8,900 shares of the business services provider’s stock worth $417,000 after buying an additional 100 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its stake in shares of US Ecology by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 2,410 shares of the business services provider’s stock worth $112,000 after buying an additional 50 shares during the last quarter. 84.79% of the stock is owned by institutional investors.

About US Ecology

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.

Receive News & Stock Ratings for US Ecology Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Ecology Inc. and related stocks with our FREE daily email newsletter.