Clean Harbors, Inc. (NYSE:CLH) EVP Brian P. Weber sold 2,519 shares of the business’s stock in a transaction dated Friday, September 10th. The shares were sold at an average price of $101.42, for a total transaction of $255,476.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
CLH stock opened at $98.82 on Wednesday. The company has a 50 day simple moving average of $97.97 and a 200 day simple moving average of $92.73. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of 29.86 and a beta of 1.75. Clean Harbors, Inc. has a 1 year low of $52.22 and a 1 year high of $105.51. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.36 and a quick ratio of 2.06.
Clean Harbors (NYSE:CLH) last released its quarterly earnings data on Wednesday, August 4th. The business services provider reported $1.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.38. Clean Harbors had a net margin of 5.53% and a return on equity of 12.86%. The business had revenue of $926.46 million during the quarter, compared to analysts’ expectations of $847.51 million. During the same period in the prior year, the company earned $0.52 EPS. The firm’s quarterly revenue was up 30.5% compared to the same quarter last year. On average, equities research analysts anticipate that Clean Harbors, Inc. will post 3.25 EPS for the current fiscal year.
Several brokerages have recently commented on CLH. Zacks Investment Research upgraded shares of Clean Harbors from a “hold” rating to a “buy” rating and set a $97.00 target price for the company in a research report on Thursday, July 8th. Needham & Company LLC boosted their target price on shares of Clean Harbors from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, August 5th. Robert W. Baird boosted their target price on shares of Clean Harbors from $105.00 to $115.00 and gave the company an “outperform” rating in a research report on Thursday, August 5th. Finally, Raymond James boosted their target price on shares of Clean Harbors from $107.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, August 5th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $97.00.
About Clean Harbors
Clean Harbors, Inc engages in the provision of environmental, energy, and industrial services. It operates through the Environmental Services and Safety-Kleen business segments. The Environmental Services segment consists of the technical services; industrial services; field services; and oil, gas, and lodging businesses.
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