Clean Harbors, Inc. (CLH) Scheduled to Post Quarterly Earnings on Wednesday, November 1st
Clean Harbors, Inc. (NYSE:CLH) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.43 per share for the quarter.
Clean Harbors (NYSE:CLH) last issued its earnings results on Wednesday, August 2nd. The business services provider reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.03). The firm had revenue of $752.80 million during the quarter, compared to analyst estimates of $735.63 million. Clean Harbors had a negative net margin of 0.65% and a positive return on equity of 0.79%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.15 earnings per share. On average, analysts expect Clean Harbors to post $0.67 EPS for the current fiscal year and $1.11 EPS for the next fiscal year.
Shares of Clean Harbors, Inc. (NYSE CLH) opened at 56.42 on Tuesday. The stock has a 50 day moving average price of $55.78 and a 200 day moving average price of $56.07. Clean Harbors, Inc. has a 52 week low of $43.03 and a 52 week high of $61.62. The firm’s market capitalization is $3.22 billion.
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In other Clean Harbors news, SVP Eric J. Dugas sold 933 shares of the company’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $54.67, for a total value of $51,007.11. Following the sale, the senior vice president now owns 14,766 shares in the company, valued at $807,257.22. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Brian P. Weber sold 490 shares of the company’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $56.18, for a total transaction of $27,528.20. Following the completion of the sale, the executive vice president now owns 59,413 shares in the company, valued at approximately $3,337,822.34. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,090 shares of company stock worth $313,845. Corporate insiders own 8.90% of the company’s stock.
CLH has been the subject of a number of research reports. BMO Capital Markets initiated coverage on shares of Clean Harbors in a research note on Thursday, June 29th. They issued an “outperform” rating and a $65.00 price target for the company. BidaskClub downgraded shares of Clean Harbors from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Needham & Company LLC reissued a “buy” rating and issued a $66.00 price target on shares of Clean Harbors in a research note on Thursday, July 13th. Canaccord Genuity reissued a “hold” rating and issued a $57.00 price target on shares of Clean Harbors in a research note on Wednesday, August 9th. Finally, Barclays PLC raised shares of Clean Harbors from an “underweight” rating to an “equal weight” rating and set a $50.00 price target for the company in a research note on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. Clean Harbors presently has a consensus rating of “Buy” and a consensus target price of $62.00.
Clean Harbors Company Profile
Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.
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