US Ecology, Inc. (NASDAQ:ECOL) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Tuesday.

ECOL has been the subject of a number of other research reports. Canaccord Genuity reaffirmed a “buy” rating on shares of US Ecology in a research note on Friday, April 28th. Zacks Investment Research cut shares of US Ecology from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $55.00 price objective on shares of US Ecology in a research note on Wednesday, July 19th. Finally, BMO Capital Markets initiated coverage on shares of US Ecology in a research note on Thursday, June 29th. They issued a “market perform” rating and a $54.00 price objective for the company. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $53.60.

US Ecology (ECOL) opened at 46.90 on Tuesday. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 36.67 and a beta of 0.67. US Ecology has a one year low of $38.00 and a one year high of $55.00. The stock has a 50 day moving average of $50.91 and a 200 day moving average of $49.92.

US Ecology (NASDAQ:ECOL) last announced its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.38. US Ecology had a net margin of 5.86% and a return on equity of 11.37%. The company had revenue of $126.06 million during the quarter, compared to analysts’ expectations of $128.38 million. During the same quarter in the prior year, the company earned $0.41 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Equities research analysts predict that US Ecology will post $1.78 EPS for the current fiscal year.

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In related news, Director Stephen A. Romano sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $52.05, for a total transaction of $156,150.00. Following the completion of the sale, the director now directly owns 28,395 shares in the company, valued at approximately $1,477,959.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.30% of the company’s stock.

A number of large investors have recently bought and sold shares of the stock. Flinton Capital Management LLC raised its position in shares of US Ecology by 54.3% in the second quarter. Flinton Capital Management LLC now owns 1,988 shares of the business services provider’s stock valued at $100,000 after buying an additional 700 shares during the period. First Mercantile Trust Co. raised its position in shares of US Ecology by 2.0% in the second quarter. First Mercantile Trust Co. now owns 2,090 shares of the business services provider’s stock valued at $106,000 after buying an additional 40 shares during the period. State of Alaska Department of Revenue raised its position in shares of US Ecology by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 2,410 shares of the business services provider’s stock valued at $112,000 after buying an additional 50 shares during the period. Vestor Capital LLC bought a new position in shares of US Ecology during the second quarter valued at approximately $116,000. Finally, LS Investment Advisors LLC raised its position in shares of US Ecology by 210.9% in the first quarter. LS Investment Advisors LLC now owns 2,543 shares of the business services provider’s stock valued at $119,000 after buying an additional 1,725 shares during the period. Institutional investors own 84.79% of the company’s stock.

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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