US Ecology, Inc. (NASDAQ:ECOL) has received an average recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $53.75.
ECOL has been the topic of several recent analyst reports. Stifel Nicolaus upgraded shares of US Ecology from a “hold” rating to a “buy” rating and boosted their target price for the company from $51.00 to $55.00 in a report on Monday, May 1st. BidaskClub lowered shares of US Ecology from a “buy” rating to a “hold” rating in a report on Tuesday, June 20th. Zacks Investment Research lowered shares of US Ecology from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Canaccord Genuity reiterated a “buy” rating on shares of US Ecology in a report on Friday, April 28th. Finally, BMO Capital Markets began coverage on shares of US Ecology in a report on Thursday, June 29th. They set a “market perform” rating and a $54.00 price objective on the stock.
In other news, Director Stephen A. Romano sold 3,000 shares of the company’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 owns 28,395 shares in the company, valued at $1,477,959.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is currently owned by corporate insiders.
Several large investors have recently bought and sold shares of ECOL. State Street Corp increased its stake in US Ecology by 6.5% in the fourth quarter. State Street Corp now owns 466,291 shares of the business services provider’s stock valued at $22,924,000 after buying an additional 28,551 shares during the last quarter. Guggenheim Capital LLC increased its stake in US Ecology by 22.7% in the fourth quarter. Guggenheim Capital LLC now owns 38,670 shares of the business services provider’s stock valued at $1,900,000 after buying an additional 7,162 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in US Ecology by 6.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 11,700 shares of the business services provider’s stock valued at $575,000 after buying an additional 700 shares during the last quarter. Norges Bank acquired a new stake in US Ecology during the fourth quarter valued at approximately $6,354,000. Finally, Teachers Advisors LLC increased its stake in US Ecology by 1.8% in the fourth quarter. Teachers Advisors LLC now owns 35,100 shares of the business services provider’s stock valued at $1,725,000 after buying an additional 621 shares during the last quarter. 85.51% of the stock is owned by institutional investors.
Shares of US Ecology (NASDAQ:ECOL) opened at 47.85 on Tuesday. US Ecology has a 52-week low of $38.00 and a 52-week high of $55.00. The company has a 50 day moving average of $51.75 and a 200-day moving average of $50.17. The company has a market cap of $1.04 billion, a PE ratio of 37.41 and a beta of 0.67.
US Ecology (NASDAQ:ECOL) last released its earnings results on Thursday, July 27th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.38. The business had revenue of $126.06 million for the quarter, compared to analyst estimates of $128.38 million. US Ecology had a net margin of 5.86% and a return on equity of 11.37%. US Ecology’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share. Analysts forecast that US Ecology will post $1.78 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 28th. Stockholders of record on Friday, July 21st were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, July 19th. This represents a $0.72 annualized dividend and a dividend yield of 1.50%. US Ecology’s dividend payout ratio is currently 56.25%.
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.
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