UBS started coverage on shares of US Ecology (NASDAQ:ECOL) in a report released on Wednesday morning, www.benzinga.com reports. The brokerage issued a sell rating and a $55.00 price objective on the business services provider’s stock.

Other equities research analysts also recently issued reports about the stock. Canaccord Genuity reissued a buy rating and issued a $64.00 price target on shares of US Ecology in a report on Friday, February 16th. Zacks Investment Research raised shares of US Ecology from a hold rating to a buy rating and set a $59.00 price target for the company in a report on Monday, January 8th. BMO Capital Markets reissued a hold rating and issued a $52.00 price target on shares of US Ecology in a report on Wednesday, January 24th. Finally, BidaskClub downgraded shares of US Ecology from a hold rating to a sell rating in a report on Wednesday, January 10th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. US Ecology currently has an average rating of Hold and an average target price of $58.80.

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Shares of US Ecology (ECOL) opened at $55.15 on Wednesday. US Ecology has a 1-year low of $44.50 and a 1-year high of $59.70. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.23 and a quick ratio of 2.23. The firm has a market cap of $1,206.41, a PE ratio of 32.25 and a beta of 0.69.

US Ecology (NASDAQ:ECOL) last issued its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.73 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.11. US Ecology had a net margin of 9.79% and a return on equity of 12.65%. The company had revenue of $133.70 million during the quarter, compared to the consensus estimate of $132.09 million. During the same period in the prior year, the company earned $0.36 EPS. US Ecology’s revenue was up 14.1% on a year-over-year basis. equities research analysts anticipate that US Ecology will post 2.21 earnings per share for the current fiscal year.

In other US Ecology news, CEO Jeffrey R. Feeler sold 25,000 shares of the business’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $54.59, for a total transaction of $1,364,750.00. Following the sale, the chief executive officer now owns 79,127 shares in the company, valued at approximately $4,319,542.93. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Steven D. Welling sold 3,742 shares of the business’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $55.65, for a total value of $208,242.30. Following the sale, the executive vice president now owns 26,732 shares in the company, valued at approximately $1,487,635.80. The disclosure for this sale can be found here. Insiders sold a total of 35,742 shares of company stock valued at $1,972,642 over the last three months. 1.30% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. raised its holdings in US Ecology by 2.4% during the 4th quarter. BlackRock Inc. now owns 2,699,211 shares of the business services provider’s stock worth $137,661,000 after buying an additional 62,789 shares during the period. JPMorgan Chase & Co. raised its holdings in US Ecology by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,139 shares of the business services provider’s stock worth $55,535,000 after buying an additional 22,940 shares during the period. Clearbridge Investments LLC raised its holdings in US Ecology by 0.7% during the 4th quarter. Clearbridge Investments LLC now owns 991,480 shares of the business services provider’s stock worth $50,565,000 after buying an additional 6,716 shares during the period. Macquarie Group Ltd. raised its holdings in US Ecology by 10.3% during the 4th quarter. Macquarie Group Ltd. now owns 805,549 shares of the business services provider’s stock worth $41,083,000 after buying an additional 75,101 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in US Ecology by 5.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 591,521 shares of the business services provider’s stock worth $30,168,000 after buying an additional 29,729 shares during the period. Hedge funds and other institutional investors own 86.32% of the company’s stock.

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About US Ecology

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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