US Ecology Inc. (NASDAQ:ECOL) declared a quarterly dividend on Monday, October 3rd. Stockholders of record on Friday, October 21st will be given a dividend of 0.18 per share on Friday, October 28th. This represents a $0.72 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Wednesday, October 19th.
US Ecology (NASDAQ:ECOL) opened at 42.52 on Friday. The stock’s 50 day moving average price is $43.97 and its 200 day moving average price is $44.59. The company has a market cap of $925.79 million, a PE ratio of 27.08 and a beta of 0.97. US Ecology has a 12-month low of $29.89 and a 12-month high of $49.39.
US Ecology (NASDAQ:ECOL) last released its earnings results on Thursday, July 28th. The company reported $0.41 EPS for the quarter, hitting the consensus estimate of $0.41. US Ecology had a return on equity of 12.67% and a net margin of 6.52%. The business earned $122.30 million during the quarter, compared to analysts’ expectations of $122.16 million. During the same quarter last year, the firm posted $0.40 earnings per share. The firm’s revenue was down 12.5% on a year-over-year basis. Equities research analysts anticipate that US Ecology will post $1.82 EPS for the current year.
In related news, Director Katina Dorton bought 1,330 shares of the stock in a transaction dated Monday, September 12th. The stock was bought at an average price of $44.33 per share, with a total value of $58,958.90. Following the purchase, the director now owns 3,070 shares in the company, valued at approximately $136,093.10. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.30% of the stock is owned by insiders.
Several large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in US Ecology by 39.8% in the second quarter. BlackRock Inc. now owns 2,209 shares of the company’s stock worth $102,000 after buying an additional 629 shares during the period. Paradigm Asset Management Co. LLC bought a new stake in US Ecology during the second quarter worth $110,000. Teachers Retirement System of The State of Kentucky raised its stake in US Ecology by 37.9% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 8,000 shares of the company’s stock worth $368,000 after buying an additional 2,200 shares during the period. BlackRock Advisors LLC raised its stake in US Ecology by 3.0% in the second quarter. BlackRock Advisors LLC now owns 10,455 shares of the company’s stock worth $480,000 after buying an additional 300 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in US Ecology by 5.8% in the second quarter. Thrivent Financial for Lutherans now owns 10,570 shares of the company’s stock worth $486,000 after buying an additional 580 shares during the period. 83.55% of the stock is owned by institutional investors.
ECOL has been the subject of several recent analyst reports. Zacks Investment Research raised US Ecology from a “sell” rating to a “hold” rating in a research note on Tuesday, August 30th. Barclays PLC cut US Ecology from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $48.00 to $40.00 in a research note on Tuesday, August 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. US Ecology currently has an average rating of “Hold” and a consensus price target of $46.30.
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.
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