Clean Harbors Receives Consensus Rating of “Buy” from Brokerages (NYSE:CLH)
Shares of Clean Harbors (NYSE:CLH) have received a consensus rating of “Buy” from the thirteen brokerages that are presently covering the company, Stock Ratings Network reports. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $63.11.
Clean Harbors (NYSE:CLH) traded up 0.03% on Wednesday, hitting $61.05. 36,147 shares of the company’s stock traded hands. Clean Harbors has a 52 week low of $44.95 and a 52 week high of $65.53. The stock has a 50-day moving average of $59.42 and a 200-day moving average of $57.79. The company has a market cap of $3.702 billion and a P/E ratio of 37.24.
Clean Harbors (NYSE:CLH) last released its earnings data on Wednesday, August 6th. The company reported $0.47 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.43 by $0.04. The company had revenue of $858.50 million for the quarter, compared to the consensus estimate of $873.54 million. During the same quarter last year, the company posted $0.38 earnings per share. Clean Harbors’s revenue was down .2% compared to the same quarter last year. Analysts expect that Clean Harbors will post $1.82 EPS for the current fiscal year.
In other Clean Harbors news, VP Deirdre Evens sold 1,807 shares of the stock on the open market in a transaction dated Thursday, August 14th. The shares were sold at an average price of $58.79, for a total transaction of $106,233.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on CLH shares. Analysts at Stifel Nicolaus initiated coverage on shares of Clean Harbors in a research note on Thursday, August 21st. They set a “buy” rating and a $70.00 price target on the stock. Analysts at Wedbush raised their price target on shares of Clean Harbors from $57.00 to $60.00 in a research note on Thursday, July 10th. They now have a “neutral” rating on the stock.
Clean Harbors, Inc (NYSE:CLH) is a provider of environmental, energy and industrial services throughout North America.
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