Zacks Investment Research lowered shares of US Ecology Inc. (NASDAQ:ECOL) from a hold rating to a sell rating in a research report report published on Wednesday.

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. “

Separately, Barclays PLC lowered shares of US Ecology from an equal weight rating to an underweight rating and cut their price objective for the company from $48.00 to $40.00 in a report on Tuesday, August 9th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. US Ecology currently has an average rating of Hold and a consensus price target of $46.30.

US Ecology (NASDAQ:ECOL) opened at 42.78 on Wednesday. US Ecology has a one year low of $29.89 and a one year high of $49.39. The company has a market capitalization of $931.45 million, a PE ratio of 27.25 and a beta of 1.09. The company has a 50-day moving average price of $44.67 and a 200-day moving average price of $44.21.

US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.41 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.41. The company had revenue of $122.30 million for the quarter, compared to analyst estimates of $122.16 million. US Ecology had a net margin of 6.52% and a return on equity of 12.67%. US Ecology’s revenue was down 12.5% compared to the same quarter last year. During the same period last year, the company posted $0.40 earnings per share. Analysts expect that US Ecology will post $1.82 earnings per share for the current fiscal year.

In other news, Director Katina Dorton purchased 1,330 shares of the business’s stock in a transaction on Monday, September 12th. The shares were acquired at an average cost of $44.33 per share, with a total value of $58,958.90. Following the completion of the acquisition, the director now owns 3,070 shares of the company’s stock, valued at $136,093.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.30% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its stake in shares of US Ecology by 39.8% in the second quarter. BlackRock Inc. now owns 2,209 shares of the company’s stock worth $102,000 after buying an additional 629 shares during the period. Paradigm Asset Management Co. LLC bought a new stake in shares of US Ecology during the second quarter worth $110,000. PineBridge Investments L.P. raised its stake in shares of US Ecology by 3.8% in the second quarter. PineBridge Investments L.P. now owns 2,761 shares of the company’s stock worth $127,000 after buying an additional 101 shares during the period. Teacher Retirement System of Texas raised its stake in shares of US Ecology by 14.3% in the second quarter. Teacher Retirement System of Texas now owns 3,050 shares of the company’s stock worth $140,000 after buying an additional 381 shares during the period. Finally, Mason Street Advisors LLC bought a new stake in shares of US Ecology during the second quarter worth $196,000. 83.55% of the stock is currently owned by institutional investors and hedge funds.

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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