BidaskClub upgraded shares of US Ecology (NASDAQ:ECOL) from a sell rating to a hold rating in a report published on Thursday, BidAskClub reports.

Several other research firms also recently commented on ECOL. ValuEngine raised US Ecology from a hold rating to a buy rating in a report on Thursday, August 1st. Zacks Investment Research raised US Ecology from a hold rating to a buy rating and set a $68.00 target price on the stock in a report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $66.00.

Shares of NASDAQ ECOL traded down $0.55 during mid-day trading on Thursday, hitting $64.21. 59,353 shares of the stock traded hands, compared to its average volume of 109,794. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.08 and a current ratio of 2.08. The stock has a fifty day moving average price of $61.31 and a 200-day moving average price of $59.44. US Ecology has a 52 week low of $54.24 and a 52 week high of $76.65. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 27.71 and a beta of 0.52.

US Ecology (NASDAQ:ECOL) last released its earnings results on Thursday, August 1st. The business services provider reported $0.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.05. US Ecology had a return on equity of 13.59% and a net margin of 8.50%. The business had revenue of $155.80 million for the quarter, compared to the consensus estimate of $147.60 million. During the same period in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. As a group, sell-side analysts predict that US Ecology will post 2.26 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the company. American Research & Management Co. purchased a new position in shares of US Ecology in the second quarter worth $36,000. US Bancorp DE raised its stake in shares of US Ecology by 20.0% in the second quarter. US Bancorp DE now owns 1,238 shares of the business services provider’s stock worth $73,000 after purchasing an additional 206 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of US Ecology in the first quarter worth $77,000. First Mercantile Trust Co. raised its stake in shares of US Ecology by 13.5% in 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 last quarter. Finally, Bank of Montreal Can raised its stake in shares of US Ecology by 199.7% in the second quarter. Bank of Montreal Can now owns 3,075 shares of the business services provider’s stock worth $183,000 after purchasing an additional 2,049 shares during the last quarter. Hedge funds and other institutional investors own 85.82% of the company’s stock.

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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