Q2 EPS Estimates for Clean Harbors Lowered by Zacks Research

Clean Harbors, Inc. (NYSE:CLH) – Equities research analysts at Zacks Research lowered their Q2 2026 earnings per share (EPS) estimates for Clean Harbors in a research note issued to investors on Monday, February 16th. Zacks Research analyst Team now anticipates that the business services provider will post earnings of $2.42 per share for the quarter, down from their prior forecast of $2.51. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Clean Harbors’ current full-year earnings is $7.89 per share. Zacks Research also issued estimates for Clean Harbors’ Q1 2027 earnings at $1.18 EPS, Q2 2027 earnings at $2.47 EPS, Q4 2027 earnings at $1.87 EPS and FY2027 earnings at $7.89 EPS.

Clean Harbors (NYSE:CLH) last posted its quarterly earnings data on Wednesday, February 18th. The business services provider reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.03. Clean Harbors had a net margin of 6.48% and a return on equity of 14.47%. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same quarter last year, the firm posted $1.55 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis.

Several other research analysts have also recently issued reports on the company. UBS Group dropped their price target on Clean Harbors from $245.00 to $240.00 and set a “neutral” rating on the stock in a report on Friday, October 31st. Barclays decreased their target price on Clean Harbors from $253.00 to $230.00 and set an “equal weight” rating on the stock in a report on Thursday, October 30th. Raymond James Financial reduced their target price on Clean Harbors from $277.00 to $270.00 and set a “strong-buy” rating for the company in a report on Thursday, October 30th. Citigroup lifted their price target on Clean Harbors from $274.00 to $302.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, CJS Securities upgraded Clean Harbors to a “strong-buy” rating in a report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $283.09.

Clean Harbors Trading Up 1.1%

Shares of NYSE:CLH opened at $284.30 on Thursday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.09 and a current ratio of 2.33. The stock has a market capitalization of $15.04 billion, a price-to-earnings ratio of 39.05 and a beta of 0.96. Clean Harbors has a 1-year low of $178.29 and a 1-year high of $288.81. The company has a 50 day moving average price of $255.42 and a 200 day moving average price of $240.18.

Insiders Place Their Bets

In other Clean Harbors news, CFO Eric J. Dugas sold 2,788 shares of Clean Harbors stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $281.31, for a total transaction of $784,292.28. Following the transaction, the chief financial officer owned 15,933 shares of the company’s stock, valued at $4,482,112.23. The trade was a 14.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Eric W. Gerstenberg sold 601 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $240.90, for a total value of $144,780.90. Following the completion of the transaction, the chief executive officer owned 50,454 shares in the company, valued at $12,154,368.60. This represents a 1.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 7,679 shares of company stock valued at $2,132,403. 5.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Clean Harbors

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CLH. T. Rowe Price Investment Management Inc. grew its holdings in shares of Clean Harbors by 69,453.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 34,081 shares of the business services provider’s stock valued at $7,992,000 after acquiring an additional 34,032 shares in the last quarter. Corient Private Wealth LLC boosted its position in Clean Harbors by 3,782.7% during the fourth quarter. Corient Private Wealth LLC now owns 194,718 shares of the business services provider’s stock valued at $45,657,000 after purchasing an additional 189,703 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Clean Harbors by 40.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,521 shares of the business services provider’s stock valued at $2,467,000 after purchasing an additional 3,037 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Clean Harbors in the fourth quarter valued at about $551,000. Finally, Pillsbury Lake Capital LLC acquired a new position in Clean Harbors in the 4th quarter worth about $5,288,000. Hedge funds and other institutional investors own 90.43% of the company’s stock.

Clean Harbors News Roundup

Here are the key news stories impacting Clean Harbors this week:

• Positive Sentiment: Q4 results beat expectations — Clean Harbors reported stronger-than-expected Q4 revenue and EPS (record revenue cited) and management highlighted PFAS-related growth and ongoing operational investments, which underpins the upbeat near-term narrative. Q4 Earnings Transcript
• Positive Sentiment: Analysts lifting targets — Needham raised its price target to $308 and maintained a Buy rating after strong Q4 results, signaling institutional confidence in earnings momentum. Needham Price Target Raise
• Positive Sentiment: Wells Fargo raised its price target to $291 (Equal Weight), reflecting revised valuations after the earnings print. This adds incremental analyst support to the stock. Wells Fargo Price Target
• Positive Sentiment: Acquisition announced — Clean Harbors agreed to buy Depot Connect International’s Industrial and Rail Services business for about $130M, expanding industrial services exposure and potentially accelerating revenue/EBITDA contribution. Depot Connect Acquisition
• Neutral Sentiment: Investor outreach — Clean Harbors will present at the Raymond James conference on March 3, offering additional management access that could clarify strategy and guide sentiment. Conference Participation
• Neutral Sentiment: Analyst/valuation coverage and deep dives — Several post-earnings write-ups explore CLH’s valuation, buybacks, fleet investment and PFAS growth; useful for investors but not immediate catalysts. Valuation Analysis
• Negative Sentiment: Insider selling — Multiple senior insiders sold stock this week: Director John R. Welch sold 750 shares (SEC filing), CFO Eric Dugas sold 2,788 shares (~14.9% reduction in his position), and EVP Sharon Gabriel sold 3,540 shares (~13.2% reduction). Large insider sales can signal portfolio rebalancing or raise governance/conviction questions. Welch SEC Filing Dugas SEC Filing Gabriel SEC Filing
• Negative Sentiment: Mixed/Lower analyst estimates from Zacks — Zacks cut several near-term and FY estimates (including FY2027 down notably), which could temper expectations and limit upside until guidance clarity is provided.

Clean Harbors Company Profile

Clean Harbors, Inc is a leading provider of environmental, energy and industrial services in North America. The company specializes in the collection, transportation and disposal of hazardous and non-hazardous wastes, emergency spill response and remediation, industrial cleaning and on-site field services. Its comprehensive service offering also includes chemical neutralization, drum crushing, high-pressure water blasting, tank cleaning and vacuum services designed to help customers meet stringent environmental regulations.

Founded in 1980 by Alan S.