US Ecology (ECOL) Stock Rating Upgraded by ValuEngine

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.



US Ecology (NASDAQ:ECOL) last issued its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.11. US Ecology had a return on equity of 12.65% and a net margin of 9.79%. The company had revenue of $133.70 million for the quarter, compared to analyst estimates of $132.09 million. During the same quarter in the prior year, the company posted $0.36 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. analysts expect that US Ecology will post 2.21 earnings per share for the current year.

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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