US Ecology Inc (ECOL) Given Average Recommendation of “Hold” by Brokerages
US Ecology Inc (NASDAQ:ECOL) has been assigned an average rating of “Hold” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $52.80.
ECOL has been the topic of a number of research reports. Zacks Investment Research cut shares of US Ecology from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Stifel Nicolaus reissued a “buy” rating and issued a $60.00 price objective on shares of US Ecology in a research note on Friday, October 6th. Canaccord Genuity reissued a “buy” rating and issued a $57.00 price objective (down from $60.00) on shares of US Ecology in a research note on Monday, October 30th. BMO Capital Markets lowered their price objective on shares of US Ecology from $54.00 to $47.00 and set a “market perform” rating on the stock in a research note on Monday, October 30th. Finally, BidaskClub cut shares of US Ecology from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th.
In other US Ecology news, CEO Jeffrey R. Feeler sold 3,000 shares of the firm’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $50.56, for a total transaction of $151,680.00. Following the sale, the chief executive officer now directly owns 54,925 shares of the company’s stock, valued at approximately $2,777,008. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by corporate insiders.
US Ecology (ECOL) opened at $51.75 on Tuesday. The stock has a market cap of $1,130.69, a PE ratio of 43.13 and a beta of 0.71. US Ecology has a twelve month low of $44.50 and a twelve month high of $55.75. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.94.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.23). The business had revenue of $135.05 million during the quarter, compared to analyst estimates of $135.29 million. US Ecology had a net margin of 5.39% and a return on equity of 10.35%. US Ecology’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 earnings per share. analysts forecast that US Ecology will post 1.61 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, January 19th will be paid a $0.18 dividend. The ex-dividend date is Thursday, January 18th. This represents a $0.72 dividend on an annualized basis and a yield of 1.39%. US Ecology’s payout ratio is 60.00%.
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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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