US Ecology (NASDAQ:ECOL) is given a Hold rating by analysts at StockNews.com

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StockNews.com began reporting shares of US Ecology (NASDAQ:ECOL – Get Assessment) in a research note issued to investors on Saturday. The company has given the business services provider’s stock a “hold” rating.

ECOL has been the subject of several other research reports. Zacks Investment Research upgraded US Ecology from a “sell” rating to a “hold” rating in a research report on Thursday, March 3rd. UBS Group downgraded shares of US Ecology from a “buy” rating to a “neutral” rating in a research report on Thursday, February 10. Five equities research analysts have given the stock a hold rating. Based on data from MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $36.67.

Shares of ECOL stock opened at $47.99 on Friday. The company’s 50-day moving average price is $47.88 and its 200-day moving average price is $40.65. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 1.18. US Ecology has a 1 year low of $26.26 and a 1 year high of $48.09. The company has a market cap of $1.50 billion, a P/E of 299.96 and a beta of 0.81.

US Ecology (NASDAQ:ECOL – Get Rating) last announced its quarterly earnings data on Friday, February 25th. The business services provider reported earnings per share of $0.13 for the quarter, beating the consensus estimate of $0.25 ($0.12). US Ecology had a net margin of 0.54% and a return on equity of 1.89%. The company had revenue of $261.40 million for the quarter, compared to the consensus estimate of $252.28 million. In the same quarter last year, the company earned $0.19 per share. US Ecology revenue increased 8.4% year over year. As a group, equity analysts are forecasting that US Ecology will post 0.68 EPS for the current fiscal year.

A number of institutional investors have recently changed their positions in ECOL. Thrivent Financial for Lutherans increased its holding of US Ecology stock by 287.0% in the third quarter. Thrivent Financial for Lutherans now owns 1,989,650 shares of the corporate services provider, valued at $64,365,000, after purchasing an additional 1,475,471 shares last quarter. Nuance Investments LLC acquired a new interest in US Ecology stock valued at approximately $45,788,000 during the first quarter. Alpine Associates Management Inc. acquired a new position in US Ecology valued at approximately $43,097,000 during the first quarter. Versor Investments LP purchased a new position in US Ecology valued at approximately $42,898,000 during the first quarter. Finally, during the first quarter, TIG Advisors LLC acquired a new interest in US Ecology valued at approximately $42,641,000. 96.91% of the shares are owned by institutional investors and hedge funds.

About US ecology (received rating)

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 provides specialty waste management services, including treatment, disposal, reuse and recycling of hazardous, non-hazardous and other specialty waste at the company’s treatment, storage and disposal facilities, and wastewater treatment services.

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