Clean Harbors (NYSE:CLH – Get Free Report) is set to post its quarterly earnings results before the market opens on Wednesday, May 1st. Analysts expect Clean Harbors to post earnings of $1.16 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Clean Harbors (NYSE:CLH – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The business services provider reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. Clean Harbors had a return on equity of 17.83% and a net margin of 6.99%. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the business earned $1.44 earnings per share. The business’s revenue was up 4.7% on a year-over-year basis. On average, analysts expect Clean Harbors to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Clean Harbors Stock Up 2.8 %
Shares of NYSE:CLH opened at $200.98 on Wednesday. The company has a quick ratio of 1.66, a current ratio of 1.98 and a debt-to-equity ratio of 1.02. Clean Harbors has a 52-week low of $129.70 and a 52-week high of $204.06. The stock’s fifty day simple moving average is $191.76 and its 200-day simple moving average is $175.43. The company has a market capitalization of $10.98 billion, a P/E ratio of 28.92 and a beta of 1.24.
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Analyst Upgrades and Downgrades
Several analysts have recently issued reports on CLH shares. Oppenheimer upped their price objective on Clean Harbors from $178.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, February 22nd. Truist Financial upped their price objective on Clean Harbors from $200.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, February 22nd. Robert W. Baird increased their target price on Clean Harbors from $192.00 to $235.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 16th. StockNews.com upgraded Clean Harbors from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 29th. Finally, Needham & Company LLC increased their target price on Clean Harbors from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Clean Harbors presently has a consensus rating of “Buy” and an average target price of $207.90.
View Our Latest Report on Clean Harbors
About Clean Harbors
Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.
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