$ 0.31 earnings per share expected for US Ecology, Inc. (NASDAQ: ECOL) this quarter
Equity research analysts predict that US Ecology, Inc. (NASDAQ: ECOL) will report earnings of $ 0.31 per share for the current fiscal quarter, Zack reports. Two analysts provided earnings estimates for US Ecology, with the highest EPS estimate being $ 0.34 and the lower estimate being $ 0.27. US Ecology posted earnings per share of $ 0.25 in the same quarter last year, which would suggest a positive year-over-year growth rate of 24%. The company is expected to release its next quarterly results on Thursday, November 4.
According to Zacks, analysts predict that US Ecology will report annual earnings of $ 0.51 per share for the current year, with EPS estimates ranging from $ 0.45 to $ 0.56. For next year, analysts predict the company will post earnings of $ 1.04 per share, with EPS estimates ranging from $ 1.02 to $ 1.06. Zacks Investment Research’s EPS averages are an average based on a survey of seller-side research analysts who follow US Ecology.
ECOL has been the subject of several analyst reports. TheStreet upgraded US Ecology’s shares from a “d +” rating to a “c” rating in a report released on Friday, April 30. Zacks investment research in a report released Wednesday, US Ecology shares went from a “buy” rating to a “strong sell” rating.
NASDAQ ECOL shares opened at $ 37.25 on Friday. The company has a market cap of $ 1.17 billion, a PE ratio of -12.71 and a beta of 1.19. The company’s 50-day moving average price is $ 37.34. The company has a debt to equity ratio of 1.27, a quick ratio of 2.22, and a current ratio of 2.12. US Ecology has a 52-week low of $ 29.89 and a 52-week high of $ 45.72.
Several institutional investors have recently increased or reduced their participation in ECOL. Bank of New York Mellon Corp increased its holdings of US Ecology shares by 133.5% in the first quarter. Bank of New York Mellon Corp now owns 732,778 shares of the business services provider valued at $ 30,512,000 after purchasing an additional 419,016 shares during the period. Norges Bank purchased a new stake in US Ecology shares in the fourth quarter valued at $ 12,086,000. BlackRock Inc. increased its position in US Ecology shares by 5.0% in the first quarter. BlackRock Inc. now owns 5,076,967 shares of the business service provider valued at $ 211,405,000 after purchasing an additional 243,136 shares in the last quarter. Victory Capital Management Inc. increased its position in US Ecology shares by 15.3% in the first quarter. Victory Capital Management Inc. now owns 1,618,950 shares of the business services provider valued at $ 67,413,000 after purchasing an additional 214,502 shares in the last quarter. Finally, UBS Group AG increased its position in US Ecology shares by 2,072.6% in the first quarter. UBS Group AG now owns 120,276 shares of the business services provider worth $ 5,000,000 after purchasing an additional 114,740 shares in the last quarter. Institutional investors hold 88.53% of the company’s shares.
Profile of the American Ecological Society
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 and internationally . It operates through three segments: Waste Solutions, Field Services and Energy Waste. The Waste Solutions segment offers specialized waste management services, including the treatment, disposal, beneficial reuse and recycling of hazardous, non-hazardous and other specialty wastes in treatment, storage and disposal facilities owned by the company, as well as sewage treatment. services.
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