Heritage-Crystal Clean (HCCI) Lowered to Sell at BidaskClub

Heritage-Crystal Clean (NASDAQ:HCCI) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Friday.

A number of other equities analysts have also recently issued reports on the company. Zacks Investment Research raised Heritage-Crystal Clean from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th. Robert W. Baird upped 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. 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. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $23.00 target price on shares of Heritage-Crystal Clean in a report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $23.50.

Shares of Heritage-Crystal Clean (HCCI) traded down $0.70 on Friday, reaching $21.10. The company’s stock had a trading volume of 69,685 shares, compared to its average volume of 118,908. Heritage-Crystal Clean has a fifty-two week low of $12.85 and a fifty-two week high of $25.20. The company has a current ratio of 2.51, a quick ratio of 2.02 and a debt-to-equity ratio of 0.13. The firm has a market cap of $498.78, a PE ratio of 24.53, a PEG ratio of 1.60 and a beta of 1.90.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. 361 Capital LLC bought a new stake in shares of Heritage-Crystal Clean in the 3rd quarter valued at about $2,321,000. Janus Henderson Group PLC bought a new stake in shares of Heritage-Crystal Clean in the 2nd quarter valued at about $1,193,000. Prudential Financial Inc. bought a new stake in shares of Heritage-Crystal Clean in the 3rd quarter valued at about $350,000. American Century Companies Inc. bought a new stake in shares of Heritage-Crystal Clean in the 3rd quarter valued at about $515,000. Finally, Van ECK Associates Corp bought a new stake in shares of Heritage-Crystal Clean in the 3rd quarter valued at about $357,000. Hedge funds and other institutional investors own 58.16% of the company’s stock.

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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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