US Ecology (NASDAQ:ECOL) Issues FY19 Earnings Guidance

US Ecology (NASDAQ:ECOL) updated its FY19 earnings guidance on Thursday. The company provided earnings per share guidance of $2.09-2.41 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.24. The company issued revenue guidance of $583-627 million, compared to the consensus revenue estimate of $607.33 million.

A number of brokerages have recently issued reports on ECOL. ValuEngine raised US Ecology from a hold rating to a buy rating in a research note on Thursday. BidaskClub downgraded US Ecology from a hold rating to a sell rating in a research note on Thursday, July 4th. Finally, Zacks Investment Research raised US Ecology from a sell rating to a hold rating in a research note on Friday, April 26th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $70.20.

ECOL stock traded up $0.01 during trading on Friday, reaching $62.99. 105,526 shares of the stock were exchanged, compared to its average volume of 123,521. The business’s 50 day simple moving average is $61.13. US Ecology has a twelve month low of $54.24 and a twelve month high of $77.15. 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 firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 27.15 and a beta of 0.47.

US Ecology (NASDAQ:ECOL) last posted its quarterly earnings results on Thursday, August 1st. The business services provider reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.05. US Ecology had a return on equity of 13.59% and a net margin of 8.39%. The business had revenue of $155.80 million for the quarter, compared to the consensus estimate of $147.60 million. During the same period in the prior year, the business earned $0.61 EPS. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. As a group, sell-side analysts predict that US Ecology will post 2.23 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 26th. Investors of record on Friday, July 19th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date was Thursday, July 18th. US Ecology’s dividend payout ratio (DPR) is currently 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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