US Ecology Inc. (NASDAQ:ECOL) shares dropped 6.6% during mid-day trading on Friday . The stock traded as low as $44.47 and last traded at $44.82, with a volume of 148,015 shares traded. The stock had previously closed at $48.00.

ECOL has been the topic of several research reports. Zacks Investment Research downgraded shares of US Ecology from a “buy” rating to a “hold” rating in a research report on Tuesday, April 26th. Stifel Nicolaus upped their price target on shares of US Ecology from $47.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, May 2nd. Imperial Capital downgraded shares of US Ecology from an “outperform” rating to an “in-line” rating and upped their price target for the stock from $44.00 to $48.50 in a research report on Tuesday, May 3rd. Finally, Barclays PLC initiated coverage on shares of US Ecology in a research report on Wednesday, May 18th. They set an “equal weight” rating and a $48.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. US Ecology currently has a consensus rating of “Hold” and an average target price of $47.90.

The firm has a market cap of $983.01 million and a P/E ratio of 28.85. The stock’s 50-day moving average price is $46.78 and its 200-day moving average price is $41.66.

US Ecology (NASDAQ:ECOL) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.41 earnings per share for the quarter, hitting the consensus estimate of $0.41. During the same quarter in the previous year, the business earned $0.40 EPS. The firm had revenue of $122.30 million for the quarter, compared to the consensus estimate of $122.16 million. The firm’s quarterly revenue was down 12.5% on a year-over-year basis. Analysts anticipate that US Ecology Inc. will post $1.89 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 29th. Shareholders of record on Friday, July 22nd were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend was Wednesday, July 20th.

Several hedge funds and institutional investors recently modified their holdings of ECOL. Rhumbline Advisers boosted its position in shares of US Ecology by 7.0% in the fourth quarter. Rhumbline Advisers now owns 28,289 shares of the company’s stock worth $1,031,000 after buying an additional 1,855 shares during the last quarter. Parsons Capital Management Inc. RI boosted its position in shares of US Ecology by 0.4% in the fourth quarter. Parsons Capital Management Inc. RI now owns 38,030 shares of the company’s stock worth $1,386,000 after buying an additional 135 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of US Ecology by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 40,100 shares of the company’s stock worth $1,461,000 after buying an additional 633 shares during the last quarter. Bank of Montreal Can boosted its position in shares of US Ecology by 2,940.0% in the fourth quarter. Bank of Montreal Can now owns 59,310 shares of the company’s stock worth $2,162,000 after buying an additional 57,359 shares during the last quarter. Finally, Schroder Investment Management Group boosted its position in shares of US Ecology by 21.7% in the fourth quarter. Schroder Investment Management Group now owns 112,200 shares of the company’s stock worth $4,089,000 after buying an additional 20,000 shares during the last quarter.

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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