US Ecology (NASDAQ:ECOL) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of US Ecology (NASDAQ:ECOLGet Rating) in a note issued to investors on Thursday. The firm set a “hold” rating on the business services provider’s stock.

Other research analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of US Ecology from a “sell” rating to a “hold” rating in a research report on Thursday, March 3rd. UBS Group lowered shares of US Ecology from a “buy” rating to a “neutral” rating in a research report on Thursday, February 10th. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $36.67.

Shares of US Ecology stock opened at $47.99 on Thursday. US Ecology has a 52-week low of $26.26 and a 52-week high of $48.09. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 1.18. The company’s 50-day simple moving average is $47.77 and its 200-day simple moving average is $39.40. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 299.96 and a beta of 0.81.

US Ecology (NASDAQ:ECOLGet Rating) last issued its earnings results on Friday, February 25th. The business services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.12). US Ecology had a return on equity of 1.89% and a net margin of 0.54%. The company had revenue of $261.40 million for the quarter, compared to analyst estimates of $252.28 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. Equities research analysts anticipate that US Ecology will post 0.68 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Point72 Hong Kong Ltd purchased a new stake in shares of US Ecology in the fourth quarter valued at about $33,000. CWM LLC lifted its holdings in shares of 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 in the last quarter. Pinebridge Investments L.P. purchased a new stake in shares of US Ecology in the fourth quarter valued at about $38,000. Marshall Wace LLP purchased a new stake in shares of US Ecology in the first quarter valued at about $77,000. Finally, Captrust Financial Advisors lifted its stake in shares of US Ecology by 28.2% during the third quarter. Captrust Financial Advisors now owns 1,766 shares of the business services provider’s stock valued at $57,000 after buying an additional 389 shares during the period. 96.91% of the stock is currently owned by institutional investors.

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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