Analysts expect Clean Harbors Inc (NYSE:CLH) to post $726.00 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Clean Harbors’ earnings, with the highest sales estimate coming in at $736.00 million and the lowest estimate coming in at $710.90 million. Clean Harbors reported sales of $692.11 million in the same quarter last year, which would suggest a positive year over year growth rate of 4.9%. The company is expected to issue its next earnings results on Wednesday, February 28th.

On average, analysts expect that Clean Harbors will report full-year sales of $726.00 million for the current year, with estimates ranging from $2.91 billion to $2.93 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $3.09 billion per share, with estimates ranging from $3.05 billion to $3.12 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Clean Harbors.

Several research firms have recently commented on CLH. Zacks Investment Research upgraded shares of Clean Harbors from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and issued a $66.00 price objective on shares of Clean Harbors in a report on Friday, November 3rd. Oppenheimer cut their price objective on shares of Clean Harbors from $67.00 to $62.00 and set an “outperform” rating for the company in a report on Thursday, November 2nd. BMO Capital Markets cut their price objective on shares of Clean Harbors from $65.00 to $59.00 and set an “outperform” rating for the company in a report on Thursday, November 2nd. Finally, Raymond James Financial raised shares of Clean Harbors from an “underperform” rating to a “market perform” rating in a report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $61.00.

In other Clean Harbors news, SVP Eric J. Dugas sold 1,139 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $53.26, for a total value of $60,663.14. Following the transaction, the senior vice president now directly owns 13,777 shares in the company, valued at approximately $733,763.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brian P. Weber sold 1,870 shares of the business’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $53.00, for a total transaction of $99,110.00. Following the completion of the transaction, the executive vice president now owns 57,205 shares in the company, valued at $3,031,865. The disclosure for this sale can be found here. Insiders have sold 11,581 shares of company stock worth $613,418 over the last 90 days. 8.90% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of the business. Janus Henderson Group PLC acquired a new position in shares of Clean Harbors in the 2nd quarter worth approximately $57,925,000. Goldman Sachs Group Inc. lifted its holdings in shares of Clean Harbors by 39.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 478,318 shares of the business services provider’s stock worth $26,705,000 after acquiring an additional 134,263 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Clean Harbors by 5.2% in the 3rd quarter. Sei Investments Co. now owns 199,416 shares of the business services provider’s stock worth $11,307,000 after acquiring an additional 9,830 shares during the last quarter. Comerica Bank lifted its holdings in shares of Clean Harbors by 4.5% in the 3rd quarter. Comerica Bank now owns 89,247 shares of the business services provider’s stock worth $4,707,000 after acquiring an additional 3,868 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in shares of Clean Harbors by 1.7% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 167,815 shares of the business services provider’s stock worth $9,515,000 after acquiring an additional 2,822 shares during the last quarter. Institutional investors own 92.54% of the company’s stock.

Shares of Clean Harbors (CLH) opened at $54.58 on Friday. Clean Harbors has a one year low of $49.63 and a one year high of $61.62. The company has a current ratio of 2.19, a quick ratio of 1.86 and a debt-to-equity ratio of 1.44. The company has a market cap of $3,158.67, a price-to-earnings ratio of 277.40 and a beta of 1.02.

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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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