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

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

ECOL has been the topic of several other research reports. Zacks Investment Research raised 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, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $36.67.

Shares of ECOL stock opened at $47.99 on Friday. The firm’s fifty day moving average price is $47.88 and its two-hundred day moving average price is $40.65. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 1.18. US Ecology has a 1 year low of $26.26 and a 1 year high of $48.09. The firm has a market capitalization of $1.50 billion, a P/E ratio of 299.96 and a beta of 0.81.

US Ecology (NASDAQ:ECOLGet Rating) last announced its quarterly earnings data 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 net margin of 0.54% and a return on equity of 1.89%. The company had revenue of $261.40 million during the quarter, compared to the consensus estimate of $252.28 million. During the same quarter in the previous year, the business earned $0.19 EPS. US Ecology’s revenue was up 8.4% on a year-over-year basis. As a group, equities research analysts forecast that US Ecology will post 0.68 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in ECOL. Thrivent Financial for Lutherans increased its holdings in shares of US Ecology by 287.0% in the third quarter. Thrivent Financial for Lutherans now owns 1,989,650 shares of the business services provider’s stock valued at $64,365,000 after purchasing an additional 1,475,471 shares during the last quarter. Nuance Investments LLC bought a new stake in shares of US Ecology during the 1st quarter worth about $45,788,000. Alpine Associates Management Inc. acquired a new position in US Ecology in the 1st quarter valued at about $43,097,000. Versor Investments LP bought a new position in US Ecology in the 1st quarter valued at about $42,898,000. Finally, TIG Advisors LLC acquired a new stake in US Ecology during the first quarter worth approximately $42,641,000. 96.91% of the stock is owned by institutional investors and hedge funds.

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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