Equities research analysts expect US Ecology, Inc. (NASDAQ:ECOL) to post $132.10 million in sales for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for US Ecology’s earnings. The highest sales estimate is $134.80 million and the lowest is $129.50 million. US Ecology reported sales of $117.17 million during the same quarter last year, which indicates a positive year over year growth rate of 12.7%. The company is expected to announce its next earnings results on Thursday, February 15th.
On average, analysts expect that US Ecology will report full-year sales of $132.10 million for the current year, with estimates ranging from $499.90 million to $505.10 million. For the next fiscal year, analysts forecast that the firm will report sales of $532.32 million per share, with estimates ranging from $530.00 million to $537.78 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover US Ecology.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.37 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.23). US Ecology had a return on equity of 10.35% and a net margin of 5.39%. The firm had revenue of $135.05 million during the quarter, compared to the consensus estimate of $135.29 million. During the same period in the prior year, the firm posted $0.47 EPS. The firm’s quarterly revenue was up 8.2% on a year-over-year basis.
A number of brokerages recently issued reports on ECOL. BMO Capital Markets decreased their target price on US Ecology from $54.00 to $47.00 and set a “market perform” rating on the stock in a report on Monday, October 30th. Canaccord Genuity restated a “buy” rating and issued a $57.00 target price (down from $60.00) on shares of US Ecology in a report on Monday, October 30th. Stifel Nicolaus restated a “buy” rating and issued a $60.00 target price on shares of US Ecology in a report on Friday, October 6th. Zacks Investment Research cut US Ecology from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Finally, BidaskClub cut US Ecology from a “hold” rating to a “sell” rating in a report on Tuesday, August 22nd. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $51.25.
In other US Ecology news, Director Katina Dorton purchased 600 shares of the stock in a transaction dated Friday, August 25th. The shares were acquired at an average price of $47.16 per share, for a total transaction of $28,296.00. Following the completion of the acquisition, the director now owns 3,970 shares of the company’s stock, valued at approximately $187,225.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Eric L. Gerratt sold 19,936 shares of US Ecology stock in a transaction on Friday, August 25th. The shares were sold at an average price of $46.80, for a total value of $933,004.80. Following the transaction, the chief financial officer now owns 31,447 shares in the company, valued at approximately $1,471,719.60. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of ECOL. BlackRock Inc. grew its stake in US Ecology by 133,529.0% in the first quarter. BlackRock Inc. now owns 2,595,075 shares of the business services provider’s stock valued at $121,579,000 after purchasing an additional 2,593,133 shares in the last quarter. Macquarie Group Ltd. grew its stake in US Ecology by 31.3% in the second quarter. Macquarie Group Ltd. now owns 652,225 shares of the business services provider’s stock valued at $32,937,000 after purchasing an additional 155,498 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in US Ecology by 866.1% in the second quarter. Goldman Sachs Group Inc. now owns 130,602 shares of the business services provider’s stock valued at $6,596,000 after purchasing an additional 117,083 shares in the last quarter. Nicholas Company Inc. grew its stake in US Ecology by 351.7% in the second quarter. Nicholas Company Inc. now owns 102,740 shares of the business services provider’s stock valued at $5,188,000 after purchasing an additional 79,995 shares in the last quarter. Finally, Aberdeen Asset Management PLC UK grew its stake in US Ecology by 7.4% in the second quarter. Aberdeen Asset Management PLC UK now owns 1,041,692 shares of the business services provider’s stock valued at $52,605,000 after purchasing an additional 71,411 shares in the last quarter. Hedge funds and other institutional investors own 85.12% of the company’s stock.
Shares of US Ecology (NASDAQ ECOL) opened at $45.50 on Wednesday. US Ecology has a 12 month low of $42.65 and a 12 month high of $55.75. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $1,013.80, a price-to-earnings ratio of 34.63, a PEG ratio of 5.76 and a beta of 0.70.
The firm also recently declared a quarterly dividend, which was paid on Friday, October 27th. Stockholders of record on Friday, October 20th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.58%. US Ecology’s dividend payout ratio is 60.00%.
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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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