BMO Capital Markets reissued their hold rating on shares of US Ecology (NASDAQ:ECOL) in a report released on Wednesday morning. The firm currently has a $52.00 price target on the business services provider’s stock.

Several other equities research analysts have also weighed in on ECOL. Stifel Nicolaus reiterated a buy rating and issued a $60.00 price objective on shares of US Ecology in a research note on Friday, October 6th. BidaskClub lowered US Ecology from a hold rating to a sell rating in a research note on Wednesday, January 10th. Zacks Investment Research upgraded US Ecology from a hold rating to a buy rating and set a $59.00 price objective on the stock in a research note on Monday, January 8th. Finally, Canaccord Genuity reiterated a buy rating and issued a $57.00 price objective (down from $60.00) on shares of US Ecology in a research note on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. US Ecology currently has an average rating of Hold and a consensus target price of $53.80.

Shares of US Ecology (NASDAQ:ECOL) opened at $52.95 on Wednesday. US Ecology has a 12 month low of $44.50 and a 12 month high of $55.75. The firm has a market capitalization of $1,160.00, a P/E ratio of 44.13 and a beta of 0.71. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.94.

US Ecology (NASDAQ:ECOL) last released its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.23). US Ecology had a net margin of 5.39% and a return on equity of 10.35%. The company had revenue of $135.05 million during the quarter, compared to the consensus estimate of $135.29 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. sell-side analysts predict that US Ecology will post 1.61 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Friday, January 19th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend was Thursday, January 18th. US Ecology’s payout ratio is currently 60.00%.

In other news, CEO Jeffrey R. Feeler sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $50.56, for a total value of $151,680.00. Following the transaction, the chief executive officer now directly owns 54,925 shares of the company’s stock, valued at approximately $2,777,008. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.30% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in ECOL. Flinton Capital Management LLC boosted its holdings in shares of US Ecology by 54.3% in the 2nd quarter. Flinton Capital Management LLC now owns 1,988 shares of the business services provider’s stock worth $100,000 after acquiring an additional 700 shares in the last quarter. Pinebridge Investments L.P. boosted its holdings in shares of US Ecology by 1.1% in the 2nd quarter. Pinebridge Investments L.P. now owns 2,875 shares of the business services provider’s stock worth $145,000 after acquiring an additional 32 shares in the last quarter. YorkBridge Wealth Partners LLC acquired a new position in shares of US Ecology in the 3rd quarter worth approximately $215,000. Susquehanna International Group LLP acquired a new position in shares of US Ecology in the 2nd quarter worth approximately $229,000. Finally, Piedmont Investment Advisors LLC acquired a new position in shares of US Ecology in the 2nd quarter worth approximately $238,000. 87.59% of the stock is currently owned by institutional investors and hedge funds.

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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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