US Ecology Inc (NASDAQ:ECOL) declared a quarterly dividend on Monday, July 1st, Zacks reports. Shareholders of record on Friday, July 19th will be given a dividend of 0.18 per share by the business services provider on Friday, July 26th. This represents a $0.72 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Thursday, July 18th.
US Ecology has a payout ratio of 32.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect US Ecology to earn $2.52 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 28.6%.
ECOL stock opened at $60.93 on Wednesday. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.95. US Ecology has a one year low of $54.24 and a one year high of $77.15. The stock has a market cap of $1.33 billion, a PE ratio of 27.71 and a beta of 0.48. The business has a 50 day moving average of $60.27.
US Ecology (NASDAQ:ECOL) last announced its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.10). The business had revenue of $131.00 million during the quarter, compared to the consensus estimate of $130.90 million. US Ecology had a return on equity of 13.59% and a net margin of 8.39%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.42 earnings per share. On average, sell-side analysts forecast that US Ecology will post 2.23 earnings per share for the current fiscal year.
A number of equities research analysts have recently weighed in on ECOL shares. UBS Group restated a “hold” rating on shares of Deutsche Bank in a report on Thursday, April 4th. Zacks Investment Research lowered shares of Heritage Insurance from a “hold” rating to a “strong sell” rating in a report on Friday, April 26th. BidaskClub upgraded shares of Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a report on Thursday, July 4th. Finally, ValuEngine upgraded shares of Xylem from a “hold” rating to a “buy” rating in a report on Friday, June 21st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. US Ecology presently has a consensus rating of “Hold” and a consensus price target of $70.20.
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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