Clean Harbors Receives Average Recommendation of “Buy” from Brokerages (NYSE:CLH)
Clean Harbors (NYSE:CLH) has earned an average recommendation of “Buy” from the fourteen ratings firms that are presently covering the stock, Analyst Ratings.Net reports. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $60.96.
Shares of Clean Harbors (NYSE:CLH) opened at 62.49 on Friday. Clean Harbors has a one year low of $44.95 and a one year high of $64.12. The stock’s 50-day moving average is $59.95 and its 200-day moving average is $55.93. The company has a market cap of $3.797 billion and a P/E ratio of 40.34.
Clean Harbors (NYSE:CLH) last released its earnings data on Wednesday, May 7th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.01. The company had revenue of $846.70 million for the quarter, compared to the consensus estimate of $833.05 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis. Analysts expect that Clean Harbors will post $1.79 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Robert W. Baird raised their price target on shares of Clean Harbors from $59.00 to $64.00 in a research note on Friday, May 9th. Separately, analysts at Imperial Capital raised their price target on shares of Clean Harbors from $52.50 to $63.00 in a research note on Thursday, May 8th. They now have an “in-line” rating on the stock. Finally, analysts at Boenning Scattergood downgraded shares of Clean Harbors from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 8th.
Clean Harbors, Inc (NYSE:CLH) is a provider of environmental, energy and industrial services throughout North America.
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