NYSE:CLHClean Harbors Stock Price, Forecast & News

$57.45

+0.34 (+0.60 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$56.47

Now: $57.45▼

$57.71

50-Day Range

$45.76

MA: $51.66▼

$58.03

52-Week Range

$29.45

Now: $57.45▼

$88.40

Volume253,196 shs

Average Volume485,236 shs

Market Capitalization$3.19 billion

P/E Ratio29.61

Dividend YieldN/A

Beta1.51

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 that include resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and CleanPack, a service to collect, identify, categorize, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous wastes. It also provides industrial maintenance and specialty industrial services, and utilizes specialty equipment that performs field services. The company's Safety-Kleen segment offers parts cleaning, used oil collection, and vacuum services, as well as other environmental services and products, such as degreasers, glass and floor cleaners, hand cleaners, absorbents, antifreeze products, windshield washer fluids, mats, and spill kits to industries that include repair shops, car and truck dealers, metal fabricators, machine manufacturers, and fleet maintenance shops, as well as other automotive, industrial, and retail customers. This segment also manufactures, formulates, packages, distributes, and markets lubricants. Clean Harbors, Inc. was founded in 1980 and is based in Norwell, Massachusetts.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Clean Harbors has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 6 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $79.75, Clean Harbors has a potential upside of 38.8% from its current price of $57.45.
Amount of Analyst Coverage
Clean Harbors has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Clean Harbors has received 474 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Clean Harbors has received 403 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Clean Harbors has received 54.05% “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.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clean Harbors insiders have bought more of their company's stock than they have sold. Specifically, they have bought $176,611.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.10% of the stock of Clean Harbors is held by insiders.
Percentage Held by Institutions
89.82% of the stock of Clean Harbors is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Clean Harbors are expected to grow by 80.90% in the coming year, from $0.89 to $1.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clean Harbors is 29.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of Clean Harbors is 29.61, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 19.40.
Price to Book Value per Share Ratio
Clean Harbors has a P/B Ratio of 2.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.58 out of 5 stars

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

Debt

Debt-to-Equity Ratio1.51

Current Ratio2.26

Quick Ratio1.93

Price-To-Earnings

Trailing P/E Ratio29.61

Forward P/E Ratio64.55

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.41 billion

Price / Sales0.94

Cash Flow$7.54 per share

Price / Cash Flow7.62

Book Value$21.69 per share

Price / Book2.65

Profitability

EPS (Most Recent Fiscal Year)$1.89

Net Income$97.74 million

Net Margins3.10%

Return on Equity9.46%

Return on Assets2.87%

Miscellaneous

Employees14,400

Outstanding Shares55,580,000

Market Cap$3.19 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Clean Harbors (NYSE:CLH) Frequently Asked Questions

How has Clean Harbors' stock been impacted by COVID-19 (Coronavirus)?

Clean Harbors' stock was trading at $54.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CLH stock has increased by 5.7% and is now trading at $57.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Clean Harbors?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clean Harbors in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Clean Harbors.

When is Clean Harbors' next earnings date?

Clean Harbors is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. 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, April, 29th. The business services provider reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.19. The business services provider had revenue of $858.60 million for the quarter, compared to the consensus estimate of $795.84 million. Clean Harbors had a net margin of 3.10% and a return on equity of 9.46%. The business's revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.09 EPS. View Clean Harbors' earnings history.

What price target have analysts set for CLH?

8 analysts have issued 12 month target prices for Clean Harbors' shares. Their forecasts range from $63.00 to $106.00. On average, they anticipate Clean Harbors' stock price to reach $79.75 in the next year. This suggests a possible upside of 38.8% from the stock's current price. View analysts' price targets for Clean Harbors.

Has Clean Harbors been receiving favorable news coverage?

News stories about CLH stock have trended extremely negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Clean Harbors earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutClean Harbors.

Are investors shorting Clean Harbors?

Clean Harbors saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,540,000 shares, a decline of 9.4% from the April 30th total of 1,700,000 shares. Based on an average daily trading volume, of 600,300 shares, the days-to-cover ratio is presently 2.6 days. Currently, 3.0% of the company's stock are short sold. View Clean Harbors' Current Options Chain.

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), Stericycle (SRCL), Tetra Tech (TTEK), Casella Waste Systems (CWST), ABM Industries (ABM), Covanta (CVA), US Ecology (ECOL), SP Plus (SP), Heritage-Crystal Clean (HCCI), CECO Environmental (CECE), Team (TISI), Acorn Energy (ACFN) and Metalico (MEA). View all 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 LP Unit (ET), Home Depot (HD), NVIDIA (NVDA), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Iovance Biotherapeutics (IOVA), salesforce.com (CRM), Paypal (PYPL) and Starbucks (SBUX).

Who are Clean Harbors' key executives?

Clean Harbors' management team includes the following people:

Mr. Alan S. McKim, Founder, Chairman, Pres & CEO (Age 64)
Mr. Michael L. Battles, Exec. VP & CFO (Age 51)
Mr. Eric W. Gerstenberg, Chief Operating Officer (Age 50)
Mr. Brian P. Weber, Exec. VP of Corp. Planning & Devel. (Age 51)
Mr. David J. Vergo, Pres of Safety-Kleen, Inc. (Age 49)

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 a number of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (12.23%), BlackRock Inc. (8.06%), ArrowMark Colorado Holdings LLC (5.53%), Invesco Ltd. (3.65%), TimesSquare Capital Management LLC (2.40%) and State Street Corp (2.21%). Company insiders that own Clean Harbors stock include Alan S Mckim, Andrea Robertson, Brian P Weber, David J Vergo, David M Parry, Eric A Kraus, Eric J Dugas, Eric W Gerstenberg, George L Curtis, Grace Cowan, Mark G Bouldin, 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 Victory Capital Management Inc., Victory Capital Management Inc., Columbus Circle Investors, Scopus Asset Management L.P., Cramer Rosenthal Mcglynn LLC, Invesco Ltd., BlackRock Inc., and Credit Agricole S A. Company insiders that have sold Clean Harbors company stock in the last year include Alan S Mckim, Andrea Robertson, Brian P Weber, Eric J Dugas, Eric W Gerstenberg, George L Curtis, Michael Louis Battles, and Rod Marlin. View insider buying and selling activity for Clean Harbors.

Which major investors are buying Clean Harbors stock?

CLH stock was acquired by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Bank of New York Mellon Corp, Impax Asset Management Group plc, Lord Abbett & CO. LLC, Fuller & Thaler Asset Management Inc., Nuveen Asset Management LLC, Lodge Hill Capital LLC, and Federated Hermes Inc.. 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.

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 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 $57.45.

How big of a company is Clean Harbors?

Clean Harbors has a market capitalization of $3.19 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 5/25/2020 by MarketBeat.com Staff