Clean Harbors (CLH) Releases Quarterly Earnings Results
Clean Harbors (NYSE:CLH) released its earnings data on Wednesday. The company reported $0.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.01, AnalystRatingsNetwork reports. The company had revenue of $846.70 million for the quarter, compared to the consensus estimate of $833.05 million.
A number of research firms have recently commented on CLH. Analysts at Raymond James downgraded shares of Clean Harbors from a “strong-buy” rating to an “outperform” rating in a research note on Tuesday. On the ratings front, analysts at Wunderlich raised their price target on shares of Clean Harbors from $60.00 to $72.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at Needham & Company LLC raised their price target on shares of Clean Harbors from $56.00 to $66.00 in a research note on Monday. They now have a “buy” rating on the stock. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $59.28.
Shares of Clean Harbors (NYSE:CLH) opened at 60.99 on Wednesday. Clean Harbors has a 52-week low of $44.95 and a 52-week high of $64.12. The stock’s 50-day moving average is $55.71 and its 200-day moving average is $55.77. The company has a market cap of $3.703 billion and a P/E ratio of 38.55.
Clean Harbors, Inc (NYSE:CLH) is a provider of environmental, energy and industrial services throughout North America.
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