Zacks Research Predicts Increased Earnings for Clean Harbors

Key Points

• Zacks Research raised its Q2 2026 EPS estimate for Clean Harbors to $2.63 from $2.49, signaling improved earnings expectations for the environmental services company. The firm also outlined forecasts for several future quarters and years, including FY2027 EPS of $8.85.
• Analyst sentiment remains mostly positive, with Clean Harbors carrying a consensus rating of “Moderate Buy” and a consensus price target of $322.08. Recent price target increases from Goldman Sachs, Baird, UBS, and Oppenheimer helped support that view, despite one downgrade to Hold.
• The company’s latest quarterly results beat EPS expectations, reporting $1.19 per share versus the $1.15 consensus, while revenue came in slightly below forecasts at $1.46 billion. The stock was down 1.2% in Thursday trading, and insiders have recently sold shares.

Clean Harbors, Inc. (NYSE:CLH - Free Report) - Analysts at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for shares of Clean Harbors in a research report issued to clients and investors on Wednesday, May 27th. Zacks Research analyst Team now anticipates that the business services provider will earn $2.63 per share for the quarter, up from their prior forecast of $2.49. The consensus estimate for Clean Harbors' current full-year earnings is $8.38 per share. Zacks Research also issued estimates for Clean Harbors' Q3 2026 earnings at $2.57 EPS, Q4 2026 earnings at $1.90 EPS, FY2026 earnings at $8.28 EPS, Q1 2027 earnings at $1.40 EPS, Q2 2027 earnings at $2.75 EPS, Q3 2027 earnings at $2.69 EPS, Q4 2027 earnings at $2.02 EPS, FY2027 earnings at $8.85 EPS and Q1 2028 earnings at $1.05 EPS.

A number of other equities research analysts have also recently weighed in on CLH. The Goldman Sachs Group increased their price target on Clean Harbors from $268.00 to $306.00 and gave the company a "neutral" rating in a research note on Wednesday, April 8th. Robert W. Baird increased their price target on Clean Harbors from $300.00 to $350.00 and gave the company an "outperform" rating in a research note on Thursday, April 16th. UBS Group increased their price target on Clean Harbors from $300.00 to $315.00 and gave the company a "neutral" rating in a research note on Thursday, May 14th. Oppenheimer increased their price target on Clean Harbors from $310.00 to $316.00 and gave the company an "outperform" rating in a research note on Thursday, May 7th. Finally, Wall Street Zen cut Clean Harbors from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Clean Harbors presently has a consensus rating of "Moderate Buy" and a consensus target price of $322.08.

Clean Harbors Stock Down 1.2%

CLH opened at $283.23 on Thursday. Clean Harbors has a 1-year low of $201.34 and a 1-year high of $316.98. The stock's fifty day simple moving average is $295.68 and its 200 day simple moving average is $267.38. The company has a current ratio of 2.34, a quick ratio of 1.99 and a debt-to-equity ratio of 0.99. The stock has a market cap of $14.97 billion, a PE ratio of 38.38 and a beta of 0.92.

Clean Harbors (NYSE:CLH - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.04. Clean Harbors had a return on equity of 14.37% and a net margin of 6.53%.The company had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.47 billion. During the same quarter in the prior year, the business posted $1.09 EPS. The business's revenue was up 1.9% compared to the same quarter last year.

Insider Transactions at Clean Harbors

In other Clean Harbors news, CEO Eric W. Gerstenberg sold 1,000 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $293.00, for a total transaction of $293,000.00. Following the transaction, the chief executive officer owned 38,877 shares in the company, valued at $11,390,961. This trade represents a 2.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Marcy L. Reed sold 836 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $287.94, for a total value of $240,717.84. Following the transaction, the director owned 5,081 shares in the company, valued at $1,463,023.14. The trade was a 14.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,308 shares of company stock worth $2,133,467 over the last quarter. 5.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CLH. Integrated Wealth Concepts LLC increased its position in Clean Harbors by 102.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,187 shares of the business services provider's stock worth $431,000 after buying an additional 1,109 shares during the period. Jones Financial Companies Lllp increased its position in shares of Clean Harbors by 47.7% in the first quarter. Jones Financial Companies Lllp now owns 607 shares of the business services provider's stock worth $120,000 after purchasing an additional 196 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Clean Harbors by 12.1% in the first quarter. Goldman Sachs Group Inc. now owns 54,577 shares of the business services provider's stock worth $10,757,000 after purchasing an additional 5,884 shares during the period. Russell Investments Group Ltd. increased its position in shares of Clean Harbors by 65.1% in the second quarter. Russell Investments Group Ltd. now owns 4,837 shares of the business services provider's stock worth $1,118,000 after purchasing an additional 1,908 shares during the period. Finally, Baird Financial Group Inc. increased its position in shares of Clean Harbors by 1.4% in the second quarter. Baird Financial Group Inc. now owns 4,418 shares of the business services provider's stock worth $1,021,000 after purchasing an additional 60 shares during the period. Institutional investors own 90.43% of the company's stock.

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.

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