US Ecology, Inc. (NASDAQ:ECOL) Given Consensus Recommendation of “Hold” by Brokerages

US Ecology, Inc. (NASDAQ:ECOLGet Rating) has been assigned an average rating of “Hold” from the six analysts that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $34.50.

ECOL has been the subject of several recent research reports. Zacks Investment Research raised shares of US Ecology from a “sell” rating to a “hold” rating in a research report on Thursday, March 3rd. StockNews.com began coverage on shares of US Ecology in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Finally, UBS Group lowered shares of US Ecology from a “buy” rating to a “neutral” rating in a report on Thursday, February 10th.

ECOL stock traded down $0.01 during midday trading on Tuesday, hitting $47.98. The company’s stock had a trading volume of 36,032 shares, compared to its average volume of 870,366. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 1.18. US Ecology has a 52-week low of $26.26 and a 52-week high of $48.09. The firm has a market capitalization of $1.50 billion, a P/E ratio of 299.89 and a beta of 0.87. The firm has a 50-day simple moving average of $47.61 and a 200-day simple moving average of $38.10.

US Ecology (NASDAQ:ECOLGet Rating) last issued its quarterly earnings results on Friday, February 25th. The business services provider reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.12). US Ecology had a net margin of 0.54% and a return on equity of 1.89%. The business had revenue of $261.40 million during the quarter, compared to analysts’ expectations of $252.28 million. During the same period in the prior year, the business earned $0.19 EPS. The business’s quarterly revenue was up 8.4% on a year-over-year basis. On average, sell-side analysts expect that US Ecology will post 0.68 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in ECOL. Point72 Hong Kong Ltd acquired a new stake in US Ecology during the 4th quarter worth $33,000. Pinebridge Investments L.P. acquired a new position in US Ecology in the fourth quarter valued at $38,000. Moors & Cabot Inc. acquired a new position in US Ecology in the third quarter valued at $51,000. CWM LLC increased its stake in US Ecology by 512.0% in the first quarter. CWM LLC now owns 1,120 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 937 shares during the period. Finally, Captrust Financial Advisors increased its stake in US Ecology by 28.2% in the third quarter. Captrust Financial Advisors now owns 1,766 shares of the business services provider’s stock valued at $57,000 after purchasing an additional 389 shares during the period. Hedge funds and other institutional investors own 92.48% of the company’s stock.

About US Ecology (Get Rating)

US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, Europe, the Middle East, Africa, Mexico, and internationally. It operates through three segments: Waste Solutions, Field Services, and Energy Waste. The Waste Solutions segment offers specialty waste management services, including treatment, disposal, beneficial re-use, and recycling of hazardous, non-hazardous, and other specialty waste at company-owned treatment, storage, and disposal facilities, as well as wastewater treatment services.

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