Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) has been assigned a consensus recommendation of “Buy” from the eight analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $22.80.

A number of equities research analysts have recently issued reports on HCCI shares. Roth Capital set a $24.00 target price on Heritage-Crystal Clean and gave the company a “buy” rating in a research note on Friday, October 20th. Stifel Nicolaus reissued a “buy” rating and issued a $23.00 price target on shares of Heritage-Crystal Clean in a report on Thursday, October 19th. BidaskClub raised Heritage-Crystal Clean from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Zacks Investment Research raised Heritage-Crystal Clean from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Friday, July 28th. Finally, Needham & Company LLC increased their price target on Heritage-Crystal Clean from $17.00 to $23.00 and gave the company a “buy” rating in a report on Thursday, July 27th.

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its holdings in Heritage-Crystal Clean by 6.5% in the first quarter. Bank of New York Mellon Corp now owns 124,766 shares of the industrial products company’s stock valued at $1,709,000 after purchasing an additional 7,596 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Heritage-Crystal Clean by 0.8% in the first quarter. Wells Fargo & Company MN now owns 10,452 shares of the industrial products company’s stock valued at $143,000 after purchasing an additional 85 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Heritage-Crystal Clean by 2.2% in the first quarter. Vanguard Group Inc. now owns 507,920 shares of the industrial products company’s stock valued at $6,958,000 after purchasing an additional 11,160 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Heritage-Crystal Clean by 7.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 350,661 shares of the industrial products company’s stock worth $4,804,000 after buying an additional 24,493 shares during the last quarter. Finally, American International Group Inc. lifted its holdings in Heritage-Crystal Clean by 7.0% during the 1st quarter. American International Group Inc. now owns 7,852 shares of the industrial products company’s stock worth $108,000 after buying an additional 513 shares during the last quarter. 55.17% of the stock is owned by hedge funds and other institutional investors.

Heritage-Crystal Clean (NASDAQ HCCI) opened at $20.00 on Friday. The firm has a market cap of $454.17 million, a price-to-earnings ratio of 32.54, a P/E/G ratio of 1.94 and a beta of 2.01. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.02 and a current ratio of 2.51.

Heritage-Crystal Clean (NASDAQ:HCCI) last posted its earnings results on Wednesday, October 18th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). Heritage-Crystal Clean had a net margin of 5.56% and a return on equity of 6.76%. The company had revenue of $83.33 million during the quarter, compared to analyst estimates of $85.32 million. analysts predict that Heritage-Crystal Clean will post 0.63 earnings per share for the current fiscal year.

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About Heritage-Crystal Clean

Heritage-Crystal Clean, Inc provides full-service parts cleaning, containerized waste management, used oil collection, vacuum truck services and antifreeze recycling. The Company owns and operates a used oil re-refinery. The Company operates through two segments: Environmental Services and Oil Business.

Analyst Recommendations for Heritage-Crystal Clean (NASDAQ:HCCI)

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