US Ecology, Inc. (NASDAQ:ECOL) Director Stephen A. Romano sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $52.05, for a total transaction of $156,150.00. Following the transaction, the director now directly owns 28,395 shares of the company’s stock, valued at $1,477,959.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of US Ecology, Inc. (NASDAQ:ECOL) traded up 1.36% during mid-day trading on Monday, hitting $48.50. 62,619 shares of the stock traded hands. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 37.92 and a beta of 0.67. The firm has a 50 day moving average of $51.75 and a 200 day moving average of $50.17. US Ecology, Inc. has a 12 month low of $38.00 and a 12 month high of $55.00.
US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.38 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.38. US Ecology had a net margin of 5.86% and a return on equity of 11.37%. The company had revenue of $126.06 million during the quarter, compared to the consensus estimate of $128.38 million. During the same quarter in the prior year, the company posted $0.41 EPS. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. On average, equities analysts expect that US Ecology, Inc. will post $1.78 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 28th. Stockholders of record on Friday, July 21st were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Wednesday, July 19th. US Ecology’s payout ratio is currently 56.25%.
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A number of equities research analysts have weighed in on ECOL shares. BidaskClub cut shares of US Ecology from a “buy” rating to a “hold” rating in a report on Tuesday, June 20th. Stifel Nicolaus upgraded shares of US Ecology from a “hold” rating to a “buy” rating and raised their target price for the stock from $51.00 to $55.00 in a report on Monday, May 1st. Zacks Investment Research cut shares of US Ecology from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Canaccord Genuity reiterated a “buy” rating on shares of US Ecology in a research report on Friday, April 28th. Finally, BMO Capital Markets assumed coverage on shares of US Ecology in a research report on Thursday, June 29th. They issued a “market perform” rating and a $54.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $53.60.
Several hedge funds have recently modified their holdings of ECOL. Bank of Montreal Can boosted its stake in shares of US Ecology by 0.4% in the first quarter. Bank of Montreal Can now owns 46,416 shares of the business services provider’s stock worth $2,174,000 after buying an additional 164 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of US Ecology by 0.6% in the first quarter. Prudential Financial Inc. now owns 37,848 shares of the business services provider’s stock worth $1,773,000 after buying an additional 230 shares during the last quarter. OppenheimerFunds Inc. boosted its stake in shares of US Ecology by 19.1% in the first quarter. OppenheimerFunds Inc. now owns 7,704 shares of the business services provider’s stock worth $361,000 after buying an additional 1,234 shares during the last quarter. LS Investment Advisors LLC boosted its stake in shares of US Ecology by 210.9% in the first quarter. LS Investment Advisors LLC now owns 2,543 shares of the business services provider’s stock worth $119,000 after buying an additional 1,725 shares during the last quarter. Finally, Ameritas Investment Partners Inc. boosted its stake in shares of US Ecology by 193.2% in the first quarter. Ameritas Investment Partners Inc. now owns 2,865 shares of the business services provider’s stock worth $133,000 after buying an additional 1,888 shares during the last quarter. Institutional investors and hedge funds own 84.79% of the company’s stock.
About US Ecology
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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