Heritage-Crystal Clean (NASDAQ:HCCI) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.
A number of other equities analysts have also recently issued reports on HCCI. Zacks Investment Research cut Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Roth Capital set a $24.00 target price on Heritage-Crystal Clean and gave the stock a “buy” rating in a report on Friday, October 20th. Stifel Nicolaus reiterated a “buy” rating and issued a $23.00 target price on shares of Heritage-Crystal Clean in a report on Thursday, October 19th. Finally, Robert W. Baird increased their target price on Heritage-Crystal Clean from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. Heritage-Crystal Clean presently has an average rating of “Hold” and a consensus price target of $22.50.
Heritage-Crystal Clean (NASDAQ HCCI) traded down $0.05 during trading on Wednesday, hitting $19.40. The company’s stock had a trading volume of 52,425 shares, compared to its average volume of 69,837. The company has a market cap of $443.87, a PE ratio of 31.80, a price-to-earnings-growth ratio of 1.89 and a beta of 1.96. Heritage-Crystal Clean has a 52-week low of $12.85 and a 52-week high of $22.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.51 and a quick ratio of 2.02.
Institutional investors and hedge funds have recently modified their holdings of the stock. 361 Capital LLC purchased a new stake in Heritage-Crystal Clean in the 3rd quarter valued at $2,321,000. Janus Henderson Group PLC purchased a new stake in Heritage-Crystal Clean in the 2nd quarter valued at $1,193,000. TIAA CREF Investment Management LLC raised its position in Heritage-Crystal Clean by 11.7% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 51,561 shares of the industrial products company’s stock valued at $820,000 after buying an additional 5,420 shares during the last quarter. Wedge Capital Management L L P NC raised its position in Heritage-Crystal Clean by 15.7% in the 3rd quarter. Wedge Capital Management L L P NC now owns 70,100 shares of the industrial products company’s stock valued at $1,525,000 after buying an additional 9,500 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Heritage-Crystal Clean by 33.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 166,967 shares of the industrial products company’s stock valued at $2,655,000 after buying an additional 42,201 shares during the last quarter. Institutional investors own 58.56% of the company’s stock.
Heritage-Crystal Clean Company Profile
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.
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