NYSE:CLH

Clean Harbors Stock Forecast, Price & News

$81.69

-0.26 (-0.32 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$79.87

Now: $81.69▼

$81.85

50-Day Range

$72.10

MA: $76.00▼

$83.14

52-Week Range

$29.45

Now: $81.69▼

$88.40

Volume278,431 shs

Average Volume270,396 shs

Market Capitalization$4.51 billion

P/E Ratio38.00

Dividend YieldN/A

Beta1.72

Clean Harbors, Inc. provides environmental, energy, and industrial services in North America. The company operates through two segments, Environmental Services and Safety-Kleen. 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 CleanPack services, which comprise collection, identification and categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste. It also provides industrial maintenance and specialty industrial services, and utilizes specialty equipment and resources that performs field services. The Safety-Kleen segment offers specially designed parts washers; automotive and industrial cleaning products, such as degreasers, glass and floor cleaners, hand cleaners, absorbents, antifreeze, windshield washer fluids, mats, and spill kits; pickup and transportation services for hazardous and non-hazardous containerized waste for recycling or disposal; and vacuum services to remove solids, residual oily water and sludge, and other fluids from customers oil/water separators, sumps, and collection tanks, as well as remove and collect waste fluids found at metal fabricators, auto maintenance providers, and general manufacturers. This segment also manufactures, formulates, packages, distributes, and markets lubricants; and provides containerized waste, vac services, used motor oil collection, and contract blending and packaging services. Clean Harbors, Inc. was founded in 1980 and is headquartered in Norwell, Massachusetts.

MarketRank^™

Overall MarketRank^™

1.34 out of 5 stars

Business Services Sector

129th out of 359 stocks

Sanitary Services Industry

1st out of 12 stocks

2.4 Analyst's Opinion

Consensus Rating
Clean Harbors has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $79.30, Clean Harbors has a forecasted downside of 2.9% from its current price of $81.69.
Amount of Analyst Coverage
Clean Harbors has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Clean Harbors has received 484 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Clean Harbors has received 409 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Clean Harbors has received 54.20% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Clean Harbors and other stocks. Vote “Outperform” if you believe CLH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CLH will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Clean Harbors does not currently pay a dividend.
Dividend Growth
Clean Harbors does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clean Harbors insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,722,398.00 in company stock.
Percentage Held by Insiders
Only 8.10% of the stock of Clean Harbors is held by insiders.
Percentage Held by Institutions
87.98% of the stock of Clean Harbors is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Clean Harbors are expected to decrease by -2.84% in the coming year, from $2.11 to $2.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clean Harbors is 38.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Clean Harbors is 38.00, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 30.62.
Price to Book Value per Share Ratio
Clean Harbors has a P/B Ratio of 3.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Sanitary services

Sub-IndustryEnvironmental & Facilities Services

SectorBusiness Services

Current SymbolNYSE:CLH

Previous Symbol

CUSIP18449610

CIK822818

Webwww.cleanharbors.com

Phone781-792-5000

Employees14,400

Debt

Debt-to-Equity Ratio1.19

Current Ratio2.33

Quick Ratio1.99

Price-To-Earnings

Trailing P/E Ratio38.00

Forward P/E Ratio38.72

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.41 billion

Price / Sales1.32

Cash Flow$7.57 per share

Price / Cash Flow10.79

Book Value$22.75 per share

Price / Book3.59

Profitability

EPS (Most Recent Fiscal Year)$1.89

Net Income$97.74 million

Net Margins3.72%

Return on Equity9.35%

Return on Assets2.87%

Miscellaneous

Outstanding Shares55,250,000

Market Cap$4.51 billion

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

$81.69

-0.26 (-0.32 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Clean Harbors (NYSE:CLH) Frequently Asked Questions

How has Clean Harbors' stock been impacted by Coronavirus?

Clean Harbors' stock was trading at $54.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CLH shares have increased by 50.4% and is now trading at $81.69.
View which stocks have been most impacted by COVID-19.

Is Clean Harbors a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clean Harbors in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Clean Harbors stock.
View analyst ratings for Clean Harbors or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Clean Harbors?

Wall Street analysts have given Clean Harbors a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Clean Harbors wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Clean Harbors' next earnings date?

Clean Harbors is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Clean Harbors.

How were Clean Harbors' earnings last quarter?

Clean Harbors, Inc. (NYSE:CLH) posted its earnings results on Wednesday, November, 4th. The business services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.62. The business services provider had revenue of $779.30 million for the quarter, compared to the consensus estimate of $775.49 million. Clean Harbors had a net margin of 3.72% and a return on equity of 9.35%. The firm's revenue was down 12.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.72 earnings per share.
View Clean Harbors' earnings history.

What price target have analysts set for CLH?

10 brokers have issued 12-month price targets for Clean Harbors' stock. Their forecasts range from $60.00 to $91.00. On average, they expect Clean Harbors' share price to reach $79.30 in the next year. This suggests that the stock has a possible downside of 2.9%.
View analysts' price targets for Clean Harbors or view Wall Street analyst' top-rated stocks.

Are investors shorting Clean Harbors?

Clean Harbors saw a decrease in short interest in December. As of December 31st, there was short interest totaling 653,600 shares, a decrease of 16.1% from the December 15th total of 779,000 shares. Based on an average daily trading volume, of 295,300 shares, the short-interest ratio is presently 2.2 days. Currently, 1.3% of the company's stock are sold short.
View Clean Harbors' Short Interest.

Who are some of Clean Harbors' key competitors?

Some companies that are related to Clean Harbors include Waste Management (WM), Republic Services (RSG), Rollins (ROL), Tetra Tech (TTEK), Stericycle (SRCL), Casella Waste Systems (CWST), ABM Industries (ABM), Covanta (CVA), US Ecology (ECOL), SP Plus (SP), Heritage-Crystal Clean (HCCI), Team (TISI), CECO Environmental (CECE), Acorn Energy (ACFN) and (MEA) (MEA).
View all of CLH's competitors.

What other stocks do shareholders of Clean Harbors own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clean Harbors investors own include Applied Materials (AMAT), Energy Transfer (ET), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Iovance Biotherapeutics (IOVA), salesforce.com (CRM), Enterprise Products Partners (EPD) and The Home Depot (HD).

Who are Clean Harbors' key executives?

Clean Harbors' management team includes the following people:

Mr. Alan S. McKim, Founder, Chairman, Pres & CEO (Age 66, Pay $3.79M)
Mr. Michael L. Battles, Exec. VP & CFO (Age 53, Pay $1.09M)
Mr. Eric W. Gerstenberg, Chief Operating Officer (Age 52, Pay $1.34M)
Mr. Robert E. Speights, Exec. VP & Chief Sales Officer (Age 51, Pay $857.63k)
Mr. Brian P. Weber, Exec. VP of Corp. Planning & Devel. (Age 53, Pay $990.11k)
Mr. Eric J. Dugas, Sr. VP of Fin. & Chief Accounting Officer (Age 42)
Ms. Sharon M. Gabriel, Exec. VP & Chief Information Officer (Age 45)
Mr. James R. Buckley, Sr. VP of Investor Relations & Corp. Communications
Mr. Michael R. McDonald, Gen. Counsel (Age 55)
Mr. Jeffrey H. Knapp, Exec. VP & Chief HR Officer (Age 54)

What is Clean Harbors' stock symbol?

Clean Harbors trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLH."

Who are Clean Harbors' major shareholders?

Clean Harbors' stock is owned by many different institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.28%), Polianta Ltd (0.03%), State of Alaska Department of Revenue (0.01%), First Hawaiian Bank (0.01%), Crossmark Global Holdings Inc. (0.01%) and Sowell Financial Services LLC (0.01%). Company insiders that own Clean Harbors stock include Alan S Mckim, Andrea Robertson, Brian P Weber, Eric J Dugas, Eric W Gerstenberg, George L Curtis, Michael Louis Battles, Robert Speights and Rod Marlin.
View institutional ownership trends for Clean Harbors.

Which major investors are selling Clean Harbors stock?

CLH stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Crossmark Global Holdings Inc., State of Alaska Department of Revenue, and First Hawaiian Bank. Company insiders that have sold Clean Harbors company stock in the last year include Alan S Mckim, Andrea Robertson, Eric J Dugas, Eric W Gerstenberg, and Rod Marlin.
View insider buying and selling activity for Clean Harbors or view top insider-selling stocks.

Which major investors are buying Clean Harbors stock?

CLH stock was purchased by a variety of institutional investors in the last quarter, including Polianta Ltd, and Sowell Financial Services LLC. Company insiders that have bought Clean Harbors stock in the last two years include Michael Louis Battles, and Robert Speights.
View insider buying and selling activity for Clean Harbors or or view top insider-buying stocks.

How do I buy shares of Clean Harbors?

Shares of CLH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Clean Harbors' stock price today?

One share of CLH stock can currently be purchased for approximately $81.69.

How big of a company is Clean Harbors?

Clean Harbors has a market capitalization of $4.51 billion and generates $3.41 billion in revenue each year. The business services provider earns $97.74 million in net income (profit) each year or $1.89 on an earnings per share basis. Clean Harbors employs 14,400 workers across the globe.

What is Clean Harbors' official website?

The official website for Clean Harbors is www.cleanharbors.com.

How can I contact Clean Harbors?

Clean Harbors' mailing address is 42 LONGWATER DRIVE, NORWELL MA, 02061. The business services provider can be reached via phone at 781-792-5000 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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