BidaskClub Lowers US Ecology (ECOL) to Sell

BidaskClub downgraded shares of US Ecology (NASDAQ:ECOL) from a hold rating to a sell rating in a research note released on Monday, February 4th.

ECOL has been the topic of a number of other reports. BMO Capital Markets lifted their price target on shares of US Ecology from $74.00 to $75.00 and gave the company a market perform rating in a report on Tuesday, November 20th. Zacks Investment Research raised shares of US Ecology from a hold rating to a strong-buy rating and set a $79.00 price target for the company in a research note on Thursday, November 8th. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $70.60.

Shares of NASDAQ:ECOL traded up $1.02 during trading on Monday, reaching $58.40. 93,885 shares of the stock traded hands, compared to its average volume of 102,182. US Ecology has a 52-week low of $50.80 and a 52-week high of $77.15. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.78. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 25.17 and a beta of 0.54.

US Ecology (NASDAQ:ECOL) last issued its quarterly earnings results on Thursday, February 21st. The business services provider reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.05. The business had revenue of $157.54 million for the quarter, compared to analysts’ expectations of $148.92 million. US Ecology had a net margin of 8.76% and a return on equity of 14.99%. The company’s revenue was up 17.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.73 EPS. As a group, sell-side analysts anticipate that US Ecology will post 2.18 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of ECOL. Karp Capital Management Corp purchased a new stake in shares of US Ecology in the 4th quarter valued at $28,000. Resources Investment Advisors Inc. purchased a new stake in US Ecology during the fourth quarter worth $33,000. Oppenheimer Asset Management Inc. purchased a new stake in US Ecology during the fourth quarter worth $55,000. Quantamental Technologies LLC purchased a new stake in US Ecology during the fourth quarter worth $63,000. Finally, LS Investment Advisors LLC boosted its holdings in US Ecology by 114.8% during the fourth quarter. LS Investment Advisors LLC now owns 1,366 shares of the business services provider’s stock worth $86,000 after buying an additional 730 shares in the last quarter. Institutional investors and hedge funds own 84.11% of the company’s stock.

About US Ecology

US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, and Mexico. It operates in two segments, Environmental Services; and Field & Industrial Services. The Environmental Services segment offers hazardous material management services, including transportation, recycling, treatment, and disposal of hazardous and non-hazardous waste at its landfill, wastewater, and other treatment facilities.

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