Equities research analysts forecast that US Ecology, Inc. (NASDAQ:ECOL) will report earnings of $0.22 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for US Ecology’s earnings, with the highest EPS estimate coming in at $0.34 and the lowest estimate coming in at $0.10. US Ecology posted earnings of ($0.08) per share during the same quarter last year, which suggests a positive year over year growth rate of 375%. The company is expected to report its next quarterly earnings results on Thursday, August 5th.
According to Zacks, analysts expect that US Ecology will report full-year earnings of $0.85 per share for the current fiscal year, with EPS estimates ranging from $0.81 to $0.89. For the next financial year, analysts expect that the business will report earnings of $1.48 per share, with EPS estimates ranging from $1.22 to $1.73. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for US Ecology.
US Ecology (NASDAQ:ECOL) last posted its earnings results on Thursday, April 29th. The business services provider reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.03. US Ecology had a negative net margin of 32.51% and a positive return on equity of 2.55%.
NASDAQ ECOL opened at $42.07 on Friday. US Ecology has a 52 week low of $26.69 and a 52 week high of $45.72. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 1.20. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of -4.38 and a beta of 1.20. The company has a 50-day moving average price of $42.57 and a two-hundred day moving average price of $37.82.
Hedge funds have recently added to or reduced their stakes in the stock. ProShare Advisors LLC acquired a new stake in US Ecology during the fourth quarter valued at approximately $276,000. Victory Capital Management Inc. lifted its position in shares of US Ecology by 28.4% in the 4th quarter. Victory Capital Management Inc. now owns 1,404,448 shares of the business services provider’s stock valued at $51,024,000 after acquiring an additional 310,485 shares in the last quarter. Great West Life Assurance Co. Can lifted its position in shares of US Ecology by 13.0% in the 3rd quarter. Great West Life Assurance Co. Can now owns 34,784 shares of the business services provider’s stock valued at $1,136,000 after acquiring an additional 4,008 shares in the last quarter. Cresset Asset Management LLC purchased a new stake in shares of US Ecology in the 4th quarter valued at approximately $205,000. Finally, BlackRock Inc. lifted its position in shares of US Ecology by 6.0% in the 4th quarter. BlackRock Inc. now owns 4,833,831 shares of the business services provider’s stock valued at $175,613,000 after acquiring an additional 272,219 shares in the last quarter. 86.47% of the stock is owned by institutional investors and hedge funds.
US Ecology Company Profile
US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, Europe, the Middle East, Africa, Mexico, internationally. It operates through three segments: Waste Solutions, Field Services, and Energy Waste. The Waste Solutions segment offers specialty waste management services, including treatment, disposal, beneficial re-use, and recycling of hazardous, non-hazardous, and other specialty waste at company-owned treatment, storage, and disposal facilities, as well as wastewater treatment services.
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