Analysts expect US Ecology Inc (NASDAQ:ECOL) to report $114.50 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for US Ecology’s earnings, with the lowest sales estimate coming in at $114.00 million and the highest estimate coming in at $115.00 million. US Ecology reported sales of $110.23 million during the same quarter last year, which indicates a positive year over year growth rate of 3.9%. The firm is expected to issue its next earnings results on Thursday, April 26th.
According to Zacks, analysts expect that US Ecology will report full year sales of $114.50 million for the current fiscal year, with estimates ranging from $537.00 million to $540.40 million. For the next fiscal year, analysts forecast that the company will post sales of $565.25 million per share, with estimates ranging from $554.00 million to $576.50 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow US Ecology.
US Ecology (NASDAQ:ECOL) last issued its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.11. The company had revenue of $133.70 million during the quarter, compared to the consensus estimate of $132.09 million. US Ecology had a return on equity of 12.65% and a net margin of 9.79%. US Ecology’s revenue was up 14.1% on a year-over-year basis. During the same period last year, the company earned $0.36 earnings per share.
A number of analysts recently issued reports on ECOL shares. Canaccord Genuity restated a “buy” rating and issued a $64.00 price target on shares of US Ecology in a research report on Friday, February 16th. UBS Group started coverage on US Ecology in a research report on Wednesday. They issued a “sell” rating and a $55.00 price target for the company. BidaskClub downgraded US Ecology from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. BMO Capital Markets raised their price target on US Ecology from $52.00 to $56.00 and gave the stock a “market perform” rating in a research report on Friday, February 16th. Finally, Zacks Investment Research upgraded US Ecology from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research report on Monday, January 8th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. US Ecology presently has an average rating of “Hold” and a consensus target price of $58.80.
Shares of US Ecology (NASDAQ:ECOL) opened at $52.90 on Friday. The stock has a market capitalization of $1,225.02, a price-to-earnings ratio of 32.75 and a beta of 0.69. US Ecology has a 52-week low of $44.50 and a 52-week high of $59.70. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.23 and a quick ratio of 2.23.
In other news, EVP Steven D. Welling sold 3,742 shares of US Ecology stock in a transaction on Friday, March 9th. The stock was sold at an average price of $55.65, for a total transaction of $208,242.30. Following the completion of the sale, the executive vice president now directly owns 26,732 shares in the company, valued at $1,487,635.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Stephen A. Romano sold 3,000 shares of US Ecology stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $58.95, for a total value of $176,850.00. Following the sale, the director now owns 25,395 shares of the company’s stock, valued at $1,497,035.25. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 35,742 shares of company stock valued at $1,972,642. Corporate insiders own 1.30% of the company’s stock.
Several institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company increased its stake in shares of US Ecology by 0.5% during the second quarter. The Manufacturers Life Insurance Company now owns 17,052 shares of the business services provider’s stock valued at $861,000 after buying an additional 77 shares during the period. US Bancorp DE increased its stake in shares of US Ecology by 25.9% during the fourth quarter. US Bancorp DE now owns 5,028 shares of the business services provider’s stock valued at $256,000 after buying an additional 1,033 shares during the period. Rhumbline Advisers increased its stake in shares of US Ecology by 2.4% during the third quarter. Rhumbline Advisers now owns 45,239 shares of the business services provider’s stock valued at $2,434,000 after buying an additional 1,055 shares during the period. California Public Employees Retirement System increased its stake in shares of US Ecology by 1.3% during the fourth quarter. California Public Employees Retirement System now owns 93,889 shares of the business services provider’s stock valued at $4,788,000 after buying an additional 1,199 shares during the period. Finally, Elkfork Partners LLC purchased a new position in shares of US Ecology during the fourth quarter valued at $119,000. Hedge funds and other institutional investors own 86.32% of the company’s stock.
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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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