According to Zacks, “US Ecology, Inc., formerly known as American Ecology Corporation, provides radioactive, PCB, hazardous, and non-hazardous waste services to commercial and government customers throughout the United States. The Company operates through its subsidiaries and provides its services to steel mills, medical and academic institutions, refineries, chemical manufacturing facilities and the nuclear power industry. Its subsidiaries include US Ecology Nevada, Inc., US Ecology Washington, Inc., US Ecology Texas, Inc., US Ecology Idaho, Inc., and US Ecology Field Services, Inc. The Company operates through two business segments: operating disposal facilities and non-operating disposal facilities. US Ecology, Inc. is headquartered in Boise, Idaho. “
ECOL has been the topic of a number of other reports. BidaskClub downgraded shares of US Ecology from a hold rating to a sell rating in a research note on Tuesday, September 24th. ValuEngine raised shares of US Ecology from a hold rating to a buy rating in a research note on Thursday, August 1st. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $66.00.
ECOL stock traded up $1.27 during trading on Thursday, reaching $64.83. 4,708 shares of the stock were exchanged, compared to its average volume of 102,547. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.92. The business has a 50 day moving average price of $62.82 and a 200-day moving average price of $60.55. US Ecology has a 1 year low of $54.24 and a 1 year high of $75.62. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 27.88 and a beta of 0.56.
US Ecology (NASDAQ:ECOL) last issued its earnings results on Thursday, August 1st. The business services provider reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.05. US Ecology had a net margin of 8.50% and a return on equity of 13.59%. The company 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 firm earned $0.61 earnings per share. US Ecology’s quarterly revenue was up 13.8% compared to the same quarter last year. On average, research analysts anticipate that US Ecology will post 2.26 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Stockholders of record on Friday, October 18th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Thursday, October 17th. US Ecology’s dividend payout ratio (DPR) is 31.03%.
Several institutional investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of US Ecology by 27.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,476 shares of the business services provider’s stock valued at $94,000 after acquiring an additional 317 shares during the period. First Hawaiian Bank purchased a new stake in shares of US Ecology in the 3rd quarter valued at approximately $330,000. State of Alaska Department of Revenue raised its stake in shares of US Ecology by 125.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 16,971 shares of the business services provider’s stock valued at $1,085,000 after acquiring an additional 9,459 shares during the period. Macquarie Group Ltd. raised its stake in shares of US Ecology by 21.5% in the 2nd quarter. Macquarie Group Ltd. now owns 924,678 shares of the business services provider’s stock valued at $55,056,000 after acquiring an additional 163,556 shares during the period. Finally, Nuveen Asset Management LLC purchased a new stake in shares of US Ecology in the 2nd quarter valued at approximately $5,079,000. 85.90% of the stock is currently owned by institutional investors and hedge funds.
About US Ecology
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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