Clean Harbors Downgraded by BB&T Corp. (CLH)
Shares of Clean Harbors (NYSE:CLH) opened at 60.41 on Friday. Clean Harbors has a 52-week low of $44.95 and a 52-week high of $65.53. The stock’s 50-day moving average is $59.35 and its 200-day moving average is $58.03. The company has a market cap of $3.663 billion and a P/E ratio of 37.21.
Clean Harbors (NYSE:CLH) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. Analysts expect that Clean Harbors will post $1.82 EPS for the current fiscal year.
CLH has been the subject of a number of other recent research reports. 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. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $63.11.
Clean Harbors, Inc (NYSE:CLH) is a provider of environmental, energy and industrial services throughout North America.
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