American Ecology (NASDAQ:ECOL) Releases FY18 Earnings Guidance

American Ecology (NASDAQ:ECOL) issued an update on its FY18 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.15-2.34 for the period, compared to the Thomson Reuters consensus estimate of $2.28.

Shares of American Ecology stock traded up $0.40 on Friday, reaching $59.30. The stock had a trading volume of 2 shares, compared to its average volume of 92,075. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.84. American Ecology has a 1 year low of $58.80 and a 1 year high of $58.85. The company has a market cap of $1.29 billion, a P/E ratio of 34.42 and a beta of 0.66.

American Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, May 3rd. The business services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). American Ecology had a return on equity of 13.08% and a net margin of 10.40%. The firm had revenue of $120.06 million during the quarter, compared to analysts’ expectations of $114.75 million. During the same period in the previous year, the firm earned $0.24 EPS. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. equities research analysts forecast that American Ecology will post 2.21 EPS for the current fiscal year.



The business also recently announced a quarterly dividend, which was paid on Friday, April 27th. Shareholders of record on Friday, April 20th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Thursday, April 19th. American Ecology’s dividend payout ratio is presently 41.86%.

Several research firms have weighed in on ECOL. Zacks Investment Research raised shares of American Ecology from a sell rating to a hold rating in a research report on Wednesday, May 9th. ValuEngine downgraded shares of American Ecology from a buy rating to a hold rating in a research report on Wednesday, May 2nd. BidaskClub raised shares of American Ecology from a sell rating to a hold rating in a research report on Tuesday, April 10th. UBS initiated coverage on shares of American Ecology in a research report on Wednesday, March 14th. They set a sell rating and a $55.00 target price on the stock. Finally, Canaccord Genuity restated a buy rating and set a $64.00 price objective on shares of American Ecology in a research note on Friday, February 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. American Ecology presently has a consensus rating of Hold and a consensus target price of $58.80.

In other American Ecology news, Director Daniel Fox sold 1,500 shares of American Ecology stock in a transaction that occurred on Wednesday, May 9th. The shares were sold at an average price of $59.00, for a total transaction of $88,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jeffrey R. Feeler sold 25,000 shares of American Ecology stock in a transaction that occurred on Thursday, March 8th. The shares were sold at an average price of $54.59, for a total transaction of $1,364,750.00. Following the sale, the chief executive officer now owns 79,127 shares of the company’s stock, valued at $4,319,542.93. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,482 shares of company stock valued at $2,531,564. Company insiders own 1.30% of the company’s stock.

About American 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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