Zacks Research Predicts Reduced Earnings for Clean Harbors

Clean Harbors, Inc. (NYSE:CLH - Free Report) - Investment analysts at Zacks Research cut their Q2 2025 earnings per share estimates for Clean Harbors in a research report issued on Wednesday, May 21st. Zacks Research analyst S. Goswami now expects that the business services provider will post earnings of $2.35 per share for the quarter, down from their previous estimate of $2.36. The consensus estimate for Clean Harbors' current full-year earnings is $7.89 per share. Zacks Research also issued estimates for Clean Harbors' Q3 2025 earnings at $2.30 EPS, Q4 2025 earnings at $1.69 EPS, Q2 2026 earnings at $2.47 EPS, Q4 2026 earnings at $2.14 EPS, FY2026 earnings at $8.70 EPS and Q1 2027 earnings at $2.15 EPS.

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

Several other research analysts also recently issued reports on the company. BMO Capital Markets lowered their price objective on Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. The Goldman Sachs Group lowered their price objective on Clean Harbors from $250.00 to $220.00 and set a "neutral" rating for the company in a research note on Wednesday, March 19th. Stifel Nicolaus decreased their target price on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Oppenheimer decreased their target price on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Finally, Robert W. Baird increased their target price on shares of Clean Harbors from $250.00 to $255.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $257.67.

Clean Harbors Trading Up 0.9%

Shares of Clean Harbors stock traded up $1.97 on Thursday, hitting $228.48. The stock had a trading volume of 97,652 shares, compared to its average volume of 349,604. The stock has a 50 day moving average of $210.46 and a 200 day moving average of $224.46. 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 quick ratio of 1.76 and a current ratio of 2.21. The firm has a market capitalization of $12.24 billion, a P/E ratio of 30.79 and a beta of 1.19.

Insiders Place Their Bets

In other Clean Harbors news, insider Robert Speights sold 2,725 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $190.44, for a total transaction of $518,949.00. Following the transaction, the insider now directly owns 40,008 shares in the company, valued at approximately $7,619,123.52. This represents a 6.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lauren States sold 836 shares of the 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 transaction, the director now owns 11,871 shares in the company, valued at $2,684,864.07. The trade was a 6.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 5.60% of the company's stock.

Hedge Funds Weigh In On Clean Harbors

A number of institutional investors and hedge funds have recently modified their holdings of CLH. Barclays PLC lifted its holdings in shares of Clean Harbors by 44.5% in the 3rd 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 in the last quarter. UMB Bank n.a. lifted its holdings in shares of Clean Harbors by 30.8% in the 4th 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 in the last quarter. Perpetual Ltd lifted its holdings in shares of Clean Harbors by 1.1% in the 4th quarter. Perpetual Ltd now owns 47,178 shares of the business services provider's stock worth $10,858,000 after purchasing an additional 505 shares in the last quarter. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Clean Harbors by 20.8% in 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 purchasing an additional 16,170 shares in the last quarter. Finally, XML Financial LLC lifted its holdings in shares of Clean Harbors by 20.3% in the 4th quarter. XML Financial LLC now owns 1,480 shares of the business services provider's stock worth $341,000 after purchasing an additional 250 shares in the last quarter. 90.43% of the stock is currently owned by institutional investors.

Clean Harbors Company Profile

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.