Heritage-Crystal Clean, Inc. (HCCI) Given Consensus Recommendation of “Hold” by Analysts

Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) has been given an average rating of “Hold” by the eight analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $22.80.

A number of analysts have recently weighed in on the stock. Robert W. Baird upped their target price on shares of Heritage-Crystal Clean from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, October 20th. BidaskClub cut shares of Heritage-Crystal Clean from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Zacks Investment Research cut shares of Heritage-Crystal Clean from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. Roth Capital set a $24.00 price target on shares of Heritage-Crystal Clean and gave the stock a “buy” rating in a research note on Friday, October 20th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $23.00 price target on shares of Heritage-Crystal Clean in a research note on Thursday, October 19th.

Shares of Heritage-Crystal Clean (HCCI) opened at $20.30 on Monday. The firm has a market cap of $464.46, a PE ratio of 23.60, a PEG ratio of 1.49 and a beta of 1.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.51 and a quick ratio of 2.02. Heritage-Crystal Clean has a 1 year low of $12.85 and a 1 year high of $25.20.

A number of institutional investors have recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership boosted its stake in Heritage-Crystal Clean by 176.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 138,263 shares of the industrial products company’s stock worth $3,007,000 after purchasing an additional 88,204 shares in the last quarter. Systematic Financial Management LP boosted its stake in Heritage-Crystal Clean by 11.3% in the 4th quarter. Systematic Financial Management LP now owns 63,630 shares of the industrial products company’s stock worth $1,384,000 after purchasing an additional 6,440 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Heritage-Crystal Clean by 281.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,972 shares of the industrial products company’s stock worth $108,000 after purchasing an additional 3,668 shares in the last quarter. BlackRock Inc. boosted its stake in Heritage-Crystal Clean by 2.1% in the 4th quarter. BlackRock Inc. now owns 695,529 shares of the industrial products company’s stock worth $15,128,000 after purchasing an additional 14,489 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Heritage-Crystal Clean by 3.5% in the 4th quarter. Bank of New York Mellon Corp now owns 178,062 shares of the industrial products company’s stock worth $3,873,000 after purchasing an additional 6,037 shares in the last quarter. Institutional investors own 58.15% of the company’s stock.

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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.

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

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