US Ecology (NASDAQ:ECOL) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.
A number of other brokerages have also weighed in on ECOL. BMO Capital Markets increased their price target on US Ecology from $52.00 to $56.00 and gave the stock a “market perform” rating in a research note on Friday, February 16th. Canaccord Genuity reissued a “buy” rating and set a $64.00 price target on shares of US Ecology in a research note on Friday, February 16th. UBS assumed coverage on US Ecology in a research note on Wednesday, March 14th. They set a “sell” rating and a $55.00 price target on the stock. Zacks Investment Research lowered US Ecology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, BidaskClub raised US Ecology from a “sell” rating to a “hold” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $58.80.
ECOL stock opened at $55.10 on Thursday. US Ecology has a 1 year low of $44.50 and a 1 year high of $59.70. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.23 and a current ratio of 2.23. The company has a market capitalization of $1,228.30, a P/E ratio of 32.03 and a beta of 0.66.
In related news, CEO Jeffrey R. Feeler sold 25,000 shares of the stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $54.59, for a total value of $1,364,750.00. Following the transaction, the chief executive officer now directly owns 79,127 shares of the company’s stock, valued at approximately $4,319,542.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen A. Romano sold 3,000 shares of the 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 completion of the transaction, the director now directly owns 25,395 shares in the company, valued at $1,497,035.25. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,742 shares of company stock worth $1,972,642. Corporate insiders own 1.30% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Elkfork Partners LLC acquired a new stake in US Ecology in the 4th quarter valued at $119,000. Jefferies Group LLC acquired a new stake in US Ecology in the 4th quarter valued at $240,000. FDx Advisors Inc. acquired a new stake in US Ecology in the 4th quarter valued at $244,000. US Bancorp DE increased its holdings in US Ecology by 25.9% in the 4th quarter. US Bancorp DE now owns 5,028 shares of the business services provider’s stock valued at $256,000 after purchasing an additional 1,033 shares in the last quarter. Finally, Teacher Retirement System of Texas acquired a new stake in US Ecology in the 4th quarter valued at $382,000. 86.32% of the stock is currently owned by institutional investors and hedge funds.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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