$0.63 Earnings Per Share Expected for US Ecology Inc (ECOL) This Quarter

Equities research analysts expect US Ecology Inc (NASDAQ:ECOL) to post $0.63 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for US Ecology’s earnings. US Ecology reported earnings of $0.61 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 3.3%. The firm is scheduled to report its next quarterly earnings report on Thursday, August 1st.

According to Zacks, analysts expect that US Ecology will report full year earnings of $2.23 per share for the current financial year, with EPS estimates ranging from $2.21 to $2.25. For the next financial year, analysts anticipate that the firm will report earnings of $2.52 per share, with EPS estimates ranging from $2.49 to $2.55. Zacks’ EPS averages are an average based on a survey of research analysts that cover US Ecology.

US Ecology (NASDAQ:ECOL) last issued its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.10). The firm had revenue of $131.00 million for the quarter, compared to the consensus estimate of $130.90 million. US Ecology had a return on equity of 13.59% and a net margin of 8.39%. US Ecology’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.42 earnings per share.

Several analysts have weighed in on the stock. BidaskClub raised shares of US Ecology from a “hold” rating to a “buy” rating in a research note on Friday. Zacks Investment Research raised shares of US Ecology from a “sell” rating to a “hold” rating in a research note on Friday, April 26th. UBS Group raised shares of US Ecology from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $56.00 to $59.00 in a research note on Thursday, April 4th. Finally, ValuEngine cut shares of US Ecology from a “buy” rating to a “hold” rating in a research note on Saturday, February 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. US Ecology has a consensus rating of “Hold” and an average target price of $70.20.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. grew its stake in shares of US Ecology by 1.1% during the first quarter. BlackRock Inc. now owns 3,176,775 shares of the business services provider’s stock valued at $177,835,000 after purchasing an additional 33,710 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of US Ecology by 1.4% during the third quarter. Vanguard Group Inc. now owns 1,312,412 shares of the business services provider’s stock valued at $96,791,000 after purchasing an additional 18,070 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of US Ecology by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 866,985 shares of the business services provider’s stock valued at $48,534,000 after purchasing an additional 8,729 shares during the last quarter. Macquarie Group Ltd. grew its stake in shares of US Ecology by 23.7% during the first quarter. Macquarie Group Ltd. now owns 761,122 shares of the business services provider’s stock valued at $42,608,000 after purchasing an additional 145,730 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of US Ecology by 6.8% during the first quarter. Northern Trust Corp now owns 347,840 shares of the business services provider’s stock valued at $19,473,000 after purchasing an additional 22,103 shares during the last quarter. 82.87% of the stock is currently owned by institutional investors and hedge funds.

US Ecology stock traded up $0.10 during trading hours on Friday, hitting $58.81. 125,875 shares of the stock were exchanged, compared to its average volume of 101,221. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 25.35 and a beta of 0.54. US Ecology has a 12 month low of $54.24 and a 12 month high of $77.15.

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Friday, April 19th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, April 17th. This represents a $0.72 annualized dividend and a yield of 1.22%. US Ecology’s dividend payout ratio is 31.03%.

US Ecology Company Profile

US Ecology, Inc, through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, and Mexico. It operates through 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, non-hazardous, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.

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