Clean Harbors (CLH) to Release Earnings on Wednesday

Clean Harbors (NYSE:CLH) is expected to post its quarterly earnings results before the market opens on Wednesday, February 19th. Analysts expect Clean Harbors to post earnings of $1.36 per share and revenue of $1.43 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Clean Harbors Trading Down 0.7 %

CLH opened at $229.49 on Tuesday. The stock has a market capitalization of $12.37 billion, a PE ratio of 29.88 and a beta of 1.24. The firm’s fifty day moving average price is $235.32 and its 200 day moving average price is $242.51. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76. Clean Harbors has a 12-month low of $176.02 and a 12-month high of $267.11.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Robert W. Baird cut their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. StockNews.com cut shares of Clean Harbors from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. Truist Financial increased their target price on shares of Clean Harbors from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. TD Cowen started coverage on shares of Clean Harbors in a report on Friday, December 6th. They set a “buy” rating and a $325.00 target price on the stock. Finally, Needham & Company LLC reissued a “buy” rating and set a $268.00 target price on shares of Clean Harbors in a report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $269.44.

Insider Transactions at Clean Harbors

In related news, EVP Brian P. Weber sold 861 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $261.31, for a total value of $224,987.91. Following the completion of the transaction, the executive vice president now owns 59,346 shares in the company, valued at $15,507,703.26. This represents a 1.43 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Lauren States sold 308 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $239.04, for a total transaction of $73,624.32. Following the completion of the transaction, the director now owns 12,226 shares of the company’s stock, valued at $2,922,503.04. This represents a 2.46 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,477 shares of company stock worth $374,091. Insiders own 5.90% of the company’s stock.

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.