Clean Harbors (CLH) Projected to Post Earnings on Wednesday

Clean Harbors (NYSE:CLH - Get Free Report) is projected to post its Q1 2025 earnings results before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $1.02 per share and revenue of $1.44 billion for the quarter.

Clean Harbors (NYSE:CLH - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.07. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the previous year, the firm posted $1.29 EPS. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. On average, analysts expect Clean Harbors to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Clean Harbors Stock Performance

Shares of CLH stock traded up $0.01 during trading hours on Wednesday, reaching $214.10. The stock had a trading volume of 895,617 shares, compared to its average volume of 349,834. The firm has a market capitalization of $11.60 billion, a PE ratio of 28.85 and a beta of 1.11. The firm has a 50-day simple moving average of $201.03 and a 200-day simple moving average of $228.00. Clean Harbors has a twelve month low of $178.29 and a twelve month high of $267.11. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76.

Insider Transactions at Clean Harbors

In related news, Director Lauren States sold 308 shares of Clean Harbors stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total value of $70,467.32. Following the transaction, the director now directly owns 11,918 shares in the company, valued at $2,726,719.22. The trade was a 2.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Eric J. Dugas bought 1,050 shares of the business's stock in a transaction dated Monday, March 10th. The shares were bought at an average cost of $191.38 per share, for a total transaction of $200,949.00. Following the completion of the transaction, the chief financial officer now directly owns 24,238 shares of the company's stock, valued at $4,638,668.44. This trade represents a 4.53 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 5.60% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CLH. UBS Group cut their price target on Clean Harbors from $240.00 to $205.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. The Goldman Sachs Group cut their target price on Clean Harbors from $250.00 to $220.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 19th. Oppenheimer decreased their price target on Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Stifel Nicolaus cut their price objective on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. Finally, Robert W. Baird decreased their target price on shares of Clean Harbors from $285.00 to $272.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Clean Harbors has a consensus rating of "Moderate Buy" and an average price target of $258.40.

About Clean Harbors

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.