Zacks Research Expects Stronger Earnings for Clean Harbors

Clean Harbors, Inc. (NYSE:CLH - Free Report) - Investment analysts at Zacks Research increased their FY2025 EPS estimates for Clean Harbors in a research note issued to investors on Wednesday, May 21st. Zacks Research analyst S. Goswami now expects that the business services provider will post earnings per share of $7.43 for the year, up from their previous estimate of $7.42. The consensus estimate for Clean Harbors' current full-year earnings is $7.89 per share. Zacks Research also issued estimates for Clean Harbors' Q1 2026 earnings at $1.42 EPS and Q3 2026 earnings at $2.67 EPS.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its earnings results on Wednesday, April 30th. The business services provider reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $1.02 by $0.07. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.44 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.29 EPS.

Several other research firms have also recently issued reports on CLH. BMO Capital Markets cut their target price on Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Stifel Nicolaus dropped their price target on Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Needham & Company LLC cut their price objective on shares of Clean Harbors from $268.00 to $255.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Truist Financial decreased their price target on Clean Harbors from $270.00 to $250.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, Robert W. Baird raised their price target on shares of Clean Harbors from $250.00 to $255.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $257.67.

Clean Harbors Stock Performance

Shares of NYSE CLH traded down $0.85 during trading on Friday, hitting $228.30. The company had a trading volume of 59,138 shares, compared to its average volume of 349,590. Clean Harbors has a 12 month low of $178.29 and a 12 month high of $267.11. The firm has a market capitalization of $12.23 billion, a P/E ratio of 30.77 and a beta of 1.19. The stock has a 50 day simple moving average of $211.07 and a 200 day simple moving average of $224.49. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.21.

Insiders Place Their Bets

In other Clean Harbors news, Director Lauren States sold 836 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $226.17, for a total value of $189,078.12. Following the completion of the transaction, the director now directly owns 11,871 shares of the company's stock, valued at approximately $2,684,864.07. The trade was a 6.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert Speights sold 2,725 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $190.44, for a total value of $518,949.00. Following the sale, the insider now owns 40,008 shares in the company, valued at $7,619,123.52. This trade represents a 6.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,583 shares of company stock worth $941,544. 5.60% of the stock is owned by corporate insiders.

Institutional Trading of Clean Harbors

Large investors have recently made changes to their positions in the company. Barclays PLC raised its stake in Clean Harbors by 44.5% during the third quarter. Barclays PLC now owns 28,056 shares of the business services provider's stock worth $6,781,000 after purchasing an additional 8,639 shares during the period. UMB Bank n.a. increased its stake in Clean Harbors by 30.8% during the fourth quarter. UMB Bank n.a. now owns 280 shares of the business services provider's stock worth $64,000 after purchasing an additional 66 shares during the period. Fort Washington Investment Advisors Inc. OH increased its stake in Clean Harbors by 20.8% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 93,805 shares of the business services provider's stock worth $21,588,000 after buying an additional 16,170 shares during the period. XML Financial LLC raised its stake in shares of Clean Harbors by 20.3% in the fourth quarter. XML Financial LLC now owns 1,480 shares of the business services provider's stock valued at $341,000 after acquiring an additional 250 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Clean Harbors by 330.7% in the fourth quarter. SG Americas Securities LLC now owns 12,163 shares of the business services provider's stock valued at $2,799,000 after purchasing an additional 9,339 shares during the period. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

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.