US Ecology (NASDAQ:ECOL) had its price target hoisted by equities research analysts at BMO Capital Markets from $52.00 to $56.00 in a research note issued on Friday, February 16th, MarketBeat Ratings reports. The firm presently has a “market perform” rating on the business services provider’s stock. BMO Capital Markets’ target price indicates a potential upside of 1.86% from the stock’s current price.
Several other equities research analysts also recently commented on the stock. Zacks Investment Research upgraded shares of US Ecology from a “sell” rating to a “hold” rating in a research report on Monday, January 1st. Canaccord Genuity reiterated a “buy” rating and issued a $57.00 target price (down previously from $60.00) on shares of US Ecology in a research report on Monday, October 30th. Finally, BidaskClub downgraded shares of US Ecology from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $56.00.
Shares of US Ecology (ECOL) traded down $1.77 during trading hours on Friday, hitting $54.98. 173,741 shares of the company traded hands, compared to its average volume of 108,149. The company has a current ratio of 2.23, a quick ratio of 2.00 and a debt-to-equity ratio of 0.85. The stock has a market cap of $1,160.00, a P/E ratio of 46.99 and a beta of 0.72. US Ecology has a fifty-two week low of $44.50 and a fifty-two week high of $59.70.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.11. The business had revenue of $133.70 million during the quarter, compared to the consensus estimate of $132.09 million. US Ecology had a net margin of 9.79% and a return on equity of 12.65%. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.36 EPS. sell-side analysts predict that US Ecology will post 2.21 EPS for the current year.
In other US Ecology news, Director Stephen A. Romano sold 3,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $58.95, for a total value of $176,850.00. Following the completion of the sale, the director now owns 25,395 shares in the company, valued at approximately $1,497,035.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.30% of the stock is owned by corporate insiders.
A number of hedge funds have recently added to or reduced their stakes in ECOL. Elkfork Partners LLC purchased a new stake in US Ecology in the 4th quarter worth approximately $119,000. YorkBridge Wealth Partners LLC bought a new position in shares of US Ecology during the 3rd quarter valued at $215,000. Piedmont Investment Advisors LLC bought a new position in shares of US Ecology during the 2nd quarter valued at $238,000. Jefferies Group LLC bought a new position in shares of US Ecology during the 4th quarter valued at $240,000. Finally, FDx Advisors Inc. bought a new position in shares of US Ecology during the 4th quarter valued at $244,000. Institutional investors own 87.83% of the company’s stock.
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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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