NYSE:CLH

Clean Harbors (CLH) Stock Forecast, Price & News

$140.36

-3.81 (-2.64%)

(As of 05/31/2023 ET)

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Today's Range: $139.14
▼
$144.64
50-Day Range: $131.11
▼
$146.15
52-Week Range: $81.56
▼
$147.76

Volume: 648,704 shs
Average Volume: 386,546 shs
Market Capitalization: $7.59 billion

P/E Ratio: 17.41
Dividend Yield: N/A
Price Target: $152.22

Clean Harbors MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 8.5% Upside
$152.22 Price Target
Short Interest: Healthy
1.56% of Float Sold Short
Dividend Strength: N/A
Sustainability: +0.27
Upright™ Environmental Score
News Sentiment: 0.37
Based on 5 Articles This Week
Insider Trading: Selling Shares
$5.93 M Sold Last Quarter
Proj. Earnings Growth: 8.76%
From $6.96 to $7.57 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Business Services Sector

127th out of 347 stocks

Sanitary Services Industry

3rd out of 5 stocks

1.5

Analyst's Opinion

Consensus Rating
Clean Harbors has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $152.22, Clean Harbors has a forecasted upside of 8.5% from its current price of $140.36.
Amount of Analyst Coverage
Clean Harbors has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.56% of the float of Clean Harbors has been sold short.
Short Interest Ratio / Days to Cover
Clean Harbors has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Clean Harbors has recently increased by 26.78%, indicating that investor sentiment is decreasing significantly.

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.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Clean Harbors has received a 53.67% net impact score from Upright. The largest positive contribution comes from its "Waste" impact, which is mostly driven by its "Sludge treatment services", "Industrial waste storage, treatment, and disposal services", "Wastewater treatment services", and "Non-hazardous waste collection services" products. See details.
Environmental Sustainability
The Environmental Impact score for Clean Harbors is 0.27.

1.9

News and Social Media Coverage

News Sentiment
Clean Harbors has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Clean Harbors this week, compared to 4 articles on an average week.
Search Interest
Only 7 people have searched for CLH on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Clean Harbors to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

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 $5,930,987.00 in company stock.
Percentage Held by Insiders
Only 6.60% of the stock of Clean Harbors is held by insiders.
Percentage Held by Institutions
88.13% of the stock of Clean Harbors is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Clean Harbors are expected to grow by 8.76% in the coming year, from $6.96 to $7.57 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clean Harbors is 17.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Clean Harbors is 17.41, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 310.35.
Price to Book Value per Share Ratio
Clean Harbors has a P/B Ratio of 3.83. 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

About Clean Harbors (NYSE:CLH) Stock

Clean Harbors, Inc. engages in the provision of environmental, energy, and industrial services. It operates through the Environmental Services and the Safety-Kleen Sustainability Solutions segments. The Environmental Services segment consists of the technical services, industrial services, field services, and oil, gas, and lodging businesses. The Safety-Kleen Sustainability Solutions segment includes parts washer services, containerized waste services, vac services, used motor oil collection, and sale of base and blended oil products. The company was founded by Alan S. McKim in 1980 and is headquartered in Norwell, MA.

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CLH Stock News Headlines

May 21, 2023 | americanbankingnews.com

Clean Harbors (NYSE:CLH) Earns Buy Rating from Analysts at StockNews.com

May 20, 2023 | americanbankingnews.com

Clean Harbors, Inc. (NYSE:CLH) Insider Sells $2,261,520.00 in Stock

June 1, 2023 | Edge On The Street (Ad)

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Over 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.

May 17, 2023 | benzinga.com

Clean Harbors Stock (NYSE:CLH), Insider Trading Activity

May 15, 2023 | americanbankingnews.com

Analysts Set Clean Harbors, Inc. (NYSE:CLH) Price Target at $152.22

May 10, 2023 | finance.yahoo.com

Rising demand doesn't signify 'any slowdowns in the industrial economy just yet': Clean Harbors CEO

May 8, 2023 | finance.yahoo.com

Clean Harbors (CLH) Dips 1.3% Despite Q1 Earnings and Revenue Beat

May 8, 2023 | americanbankingnews.com

Clean Harbors, Inc. (NYSE:CLH) Director Sells $69,426.30 in Stock

June 1, 2023 | Edge On The Street (Ad)

The $193 Billion US-China War You Don't Know About

They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.

May 7, 2023 | americanbankingnews.com

Clean Harbors (NYSE:CLH) Downgraded by StockNews.com

May 6, 2023 | americanbankingnews.com

Clean Harbors (NYSE:CLH) PT Raised to $165.00 at Robert W. Baird

May 5, 2023 | markets.businessinsider.com

Analysts Offer Insights on Services Companies: Clean Harbors (CLH) and Emerald Expositions Events (EEX)

May 5, 2023 | americanbankingnews.com

Clean Harbors (NYSE:CLH) Shares Down 9.7%

May 4, 2023 | msn.com

Needham Reiterates Clean Harbors (CLH) Buy Recommendation

May 4, 2023 | msn.com

Goldman Sachs Maintains Clean Harbors (CLH) Neutral Recommendation

May 4, 2023 | msn.com

Baird Maintains Clean Harbors (CLH) Outperform Recommendation

May 4, 2023 | finance.yahoo.com

Should Clean Harbors (CLH) go for M&A for Further Growth?

May 4, 2023 | finance.yahoo.com

Q1 2023 Clean Harbors Inc Earnings Call

May 3, 2023 | finance.yahoo.com

Clean Harbors (CLH) Q1 Earnings and Revenues Surpass Estimates

May 3, 2023 | finance.yahoo.com

Clean Harbors Announces First-Quarter 2023 Financial Results

May 1, 2023 | finance.yahoo.com

Aris Water Solutions, Inc. (ARIS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

May 1, 2023 | americanbankingnews.com

Clean Harbors (CLH) Set to Announce Quarterly Earnings on Wednesday

April 28, 2023 | msn.com

Raymond James Maintains Clean Harbors (CLH) Strong Buy Recommendation

April 25, 2023 | finance.yahoo.com

Clean Harbors to Present in Upcoming Investor Conferences

April 23, 2023 | finance.yahoo.com

Do Clean Harbors' (NYSE:CLH) Earnings Warrant Your Attention?

April 22, 2023 | americanbankingnews.com

Clean Harbors, Inc. (NYSE:CLH) Given Consensus Recommendation of "Buy" by Analysts

April 19, 2023 | finance.yahoo.com

Clean Harbors to Announce First-Quarter 2023 Financial Results on May 3

See More Headlines

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CLH Company Calendar

Last Earnings: 3/01/2023
Today: 5/31/2023
Next Earnings (Estimated): 8/02/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Sanitary services
Sub-Industry: Environmental & Facilities Services
Sector: Business Services
Current Symbol: NYSE:CLH
CUSIP: 18449610
CIK: 822818
Web: www.cleanharbors.com
Phone: (781) 792-5000
Fax: 781-792-5900
Employees: 19,775
Year Founded: 1980

Price Target and Rating

Average Stock Price Forecast: $152.22
High Stock Price Forecast: $165.00
Low Stock Price Forecast: $135.00
Forecasted Upside/Downside: +8.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.06
Trailing P/E Ratio: 17.41
Forward P/E Ratio: 20.17
P/E Growth: N/A
Net Income: $411.74 million
Net Margins: 8.27%
Pretax Margin: 10.81%
Return on Equity: 22.43%
Return on Assets: 6.91%

Debt

Debt-to-Equity Ratio: 1.22
Current Ratio: 2.05
Quick Ratio: 1.71

Sales & Book Value

Annual Sales: $5.17 billion
Price / Sales: 1.47
Cash Flow: $13.54 per share
Price / Cash Flow: 10.37
Book Value: $36.60 per share
Price / Book: 3.83

Miscellaneous

Outstanding Shares: 54,100,000
Free Float: 50,533,000
Market Cap: $7.59 billion
Optionable: Optionable
Beta: 1.38

Social Links

Key Executives

Alan S. McKim
Executive Chairman & Chief Technology Officer

Eric W. Gerstenberg
Co-President & Chief Executive Officer

Michael L. Battles
Co-President & Chief Executive Officer

Eric J. Dugas
Chief Financial Officer & Executive Vice President

Sharon M. Gabriel
Chief Information Officer & Executive VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CLH Stock - Frequently Asked Questions

Should I buy or sell Clean Harbors stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clean Harbors in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CLH shares.
View CLH analyst ratings or view top-rated stocks.
What is Clean Harbors' stock price forecast for 2023?: 7 brokerages have issued 12-month price targets for Clean Harbors' shares. Their CLH share price forecasts range from $135.00 to $165.00. On average, they expect the company's share price to reach $152.22 in the next year. This suggests a possible upside of 8.5% from the stock's current price.
View analysts price targets for CLH or view top-rated stocks among Wall Street analysts.
How have CLH shares performed in 2023?: Clean Harbors' stock was trading at $114.12 at the start of the year. Since then, CLH shares have increased by 23.0% and is now trading at $140.36.
View the best growth stocks for 2023 here.
Are investors shorting Clean Harbors?: Clean Harbors saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 788,300 shares, an increase of 26.8% from the April 30th total of 621,800 shares. Based on an average trading volume of 428,700 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.6% of the shares of the company are short sold.
View Clean Harbors' Short Interest.
When is Clean Harbors' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our CLH earnings forecast.
How were Clean Harbors' earnings last quarter?: Clean Harbors, Inc. (NYSE:CLH) released its quarterly earnings data on Wednesday, March, 1st. The business services provider reported $1.44 EPS for the quarter, topping the consensus estimate of $1.29 by $0.15. The business services provider earned $1.28 billion during the quarter, compared to analysts' expectations of $1.25 billion. Clean Harbors had a net margin of 8.27% and a trailing twelve-month return on equity of 22.43%. Clean Harbors's revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.89 EPS.
What ETFs hold Clean Harbors' stock?: ETFs with the largest weight of Clean Harbors (NYSE:CLH) stock in their portfolio include First Trust Utilities AlphaDEX Fund (FXU), VanEck Environmental Services ETF (EVX), First Trust RBA American Industrial Renaissance ETF (AIRR), iShares Environmental Infrastructure and Industrials ETF (EFRA), VanEck Green Infrastructure ETF (RNEW), Innovator IBD 50 ETF (FFTY), Newday Ocean Health ETF (AHOY) and Global X Founder-Run Companies ETF (BOSS).
What is Alan S. McKim's approval rating as Clean Harbors' CEO?: 520 employees have rated Clean Harbors Chief Executive Officer Alan S. McKim on Glassdoor.com. Alan S. McKim has an approval rating of 79% among the company's employees.

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 (CRM), Enterprise Products Partners (EPD) and Home Depot (HD).
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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.07%), Wellington Management Group LLP (7.35%), Snyder Capital Management L P (3.77%), State Street Corp (2.61%), Dimensional Fund Advisors LP (2.39%) and FMR LLC (2.31%). Insiders that own company stock include Alan S Mckim, Alan S Mckim, Andrea Robertson, Brian P Weber, Eric J Dugas, Eric W Gerstenberg, Eugene G Banucci, Jeffrey Herbert Knapp, John T Preston, Lauren States, Melkeya Mcduffie, Michael J Twohig, Michael Louis Battles, Robert Speights, Rod Marlin and Sharon M Gabriel.
View institutional ownership trends.
How do I buy shares of Clean Harbors?: Shares of CLH stock 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.
Compare Top Brokerages Here.
What is Clean Harbors' stock price today?: One share of CLH stock can currently be purchased for approximately $140.36.
How much money does Clean Harbors make?: Clean Harbors (NYSE:CLH) has a market capitalization of $7.59 billion and generates $5.17 billion in revenue each year. The business services provider earns $411.74 million in net income (profit) each year or $8.06 on an earnings per share basis.
How many employees does Clean Harbors have?: The company employs 19,775 workers across the globe.
Does Clean Harbors have any subsidiaries?: The following companies are subsidiares of Clean Harbors: Ace/Allwaste Environmental Services of Indiana LLC, Altair Disposal Services LLC, Aquilex Finance LLC, Aquilex Intermediate Corporate Holdings LLC, Aquilex Intermediate Holdings LLC, Aquilex LLC, Baton Rouge Disposal LLC, Bridgeport Disposal LLC, CARBER Holdings Inc., CB Canada Acquisition Inc., CB Canada Holdings Inc., CB US Holdings Inc., CH International Holdings LLC, Car-Ber Investments Inc., Clean Harbors Andover LLC, Clean Harbors Aragonite LLC, Clean Harbors Arizona LLC, Clean Harbors BDT LLC, Clean Harbors Baton Rouge LLC, Clean Harbors Buttonwillow LLC, Clean Harbors Canada Inc., Clean Harbors Caribe Inc., Clean Harbors Chattanooga LLC, Clean Harbors Clive LLC, Clean Harbors Coffeyville LLC, Clean Harbors Colfax LLC, Clean Harbors Deer Park LLC, Clean Harbors Deer Trail LLC, Clean Harbors Development LLC, Clean Harbors Disposal Services Inc., Clean Harbors El Dorado LLC, Clean Harbors Energy Services ULC, Clean Harbors Energy and Industrial Services Corp., Clean Harbors Energy and Industrial Services LP, Clean Harbors Energy and Industrial Western Ltd., Clean Harbors Environmental Services Inc., Clean Harbors Exploration Services Inc., Clean Harbors Exploration Services LP, Clean Harbors Exploration Services ULC, Clean Harbors Florida LLC, Clean Harbors Grassy Mountain LLC, Clean Harbors India LLP, Clean Harbors Industrial Services Canada Inc., Clean Harbors Industrial Services Inc., Clean Harbors Innu Environmental Services Inc., Clean Harbors Kansas LLC, Clean Harbors Kingston Facility Corporation, Clean Harbors LaPorte LLC, Clean Harbors Laurel LLC, Clean Harbors Lodging Services LP, Clean Harbors Lodging Services ULC, Clean Harbors Lone Mountain LLC, Clean Harbors Mercier Inc., Clean Harbors Pecatonica LLC, Clean Harbors Production Services ULC, Clean Harbors Quebec Inc., Clean Harbors Recycling Services of Chicago LLC, Clean Harbors Recycling Services of Ohio LLC, Clean Harbors Reidsville LLC, Clean Harbors San Jose LLC, Clean Harbors San Leon Inc., Clean Harbors Services Inc., Clean Harbors Surface Rentals Partnership, Clean Harbors Surface Rentals ULC, Clean Harbors Surface Rentals USA Inc., Clean Harbors Tennessee LLC, Clean Harbors Westmorland LLC, Clean Harbors White Castle LLC, Clean Harbors Wichita LLC, Clean Harbors Wilmington LLC, Clean Harbors of Baltimore Inc. (DE Corp.), Clean Harbors of Braintree Inc., Clean Harbors of Connecticut Inc. (DE), Confined Space Services L.L.C., Cousins Waste Control LLC, Crowley Disposal LLC, Cyn Oil Corporation, Debusk Industrial Services Company LLC, Disposal Properties LLC, Emerald Services Inc., EnviroSORT Inc., EnviroSORT Inc., Eveready, Evergreen Holdings, GSX Disposal LLC, Global Vapor Control Inc., Green View Technologies Inc., HPC PetroServ Inc., Hilliard Disposal LLC, HydroChem Canada ULC, HydroChem Industrial Cleaning LLC, HydroChem LLC, HydroChemPSC, IISG Central Region LLC, IISG Gulf Coast LLC, IISG Real Estate LLC, Industrial Service Oil Company Inc., Inland Industrial Services Group LLC, Inland Waters Pollution Control Services LLC, Inland Waters of Ohio LLC, Jesco Industrial Service LLC, LJ Energy Services Holdings LLC, LJ Energy Services Intermediate Holding Corp., Lonestar Sylvan Inc., Lonestar Vacuum Inc., Lonestar West, Lonestar West Enterprises LLC, Lonestar West Inc., Lonestar West Services LLC, Murphy's Waste Oil Service Inc., Northeast Casualty Insurance Company, Omnichem LLC, PMS Industrial Services LLC, PSC Industrial Holdings Corp., PSC Industrial Inc., PSC Industrial Outsourcing LP, PSC Industrial Outsourcing of Michigan LLC, PSC LDAR Services LLC, Peak Energy Services, Philip Services/North Central LLC, Plaquemine Remediation Services LLC, Power Vac Construction L.L.C., RMF Aquilex Corp., Roebuck Disposal LLC, Romic Environmental Technologies, Rosemead Oil Products Inc., SK D'Incineration Inc., Safety-Kleen, Safety-Kleen Canada Inc., Safety-Kleen Envirosystems Company, Safety-Kleen Envirosystems Company of Puerto Rico Inc., Safety-Kleen Inc., Safety-Kleen International Inc., Safety-Kleen Systems Inc., Safety-Kleen of California Inc., Sawyer Disposal Services LLC, Seaport Environmental LLC, Service Chemical LLC, Speed Industrial Corporate LLC, Speed Industrial Service Catalyst LLC, Speed Industrial Service LLC, Speed Industrial Service of Beaumont LLC, Speed Industrial Services of Lake Charles LLC, Speed Industrial Services of Louisiana LLC, Speed Industrial Services of Texas LLC, Spring Grove Resource Recovery Inc., The Solvents Recovery Service of New Jersey Inc., Thermo Fluids, Thermo Fluids Inc., Tri-vax Enterprises Ltd., Tulsa Disposal LLC, Universal Environmental, Veolia North America’s U.S. Industrial Cleaning Services Division, Versant Energy Services Inc., Versant Energy Services LP, and Vulsay Industries Ltd..
Read More
How can I contact Clean Harbors?: Clean Harbors' mailing address is 42 LONGWATER DRIVE, NORWELL MA, 02061. The official website for the company is www.cleanharbors.com. The business services provider can be reached via phone at (781) 792-5000, via email at investorrelations@cleanharbors.com, or via fax at 781-792-5900.

This page (NYSE:CLH) was last updated on 6/1/2023 by MarketBeat.com Staff

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Clean Harbors (CLH) Stock Forecast, Price & News

Clean Harbors MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Clean Harbors (NYSE:CLH) Stock

CLH Stock News Headlines

CLH Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CLH Stock - Frequently Asked Questions

Overall MarketRank^™