A Glimpse Into The Expert Outlook On Clean Harbors Through 4 Analysts

Clean Harbors CLH underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $199.0, a high estimate of $206.00, and a low estimate of $190.00. Surpassing the previous average price target of $184.67, the current average has increased by 7.76%.

Investigating Analyst Ratings: An Elaborate Study

The standing of Clean Harbors among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Clean Harbors. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Clean Harbors compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Clean Harbors's stock. This analysis reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Clean Harbors's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Clean Harbors analyst ratings.

Get to Know Clean Harbors Better

Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.

Clean Harbors: A Financial Overview

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Positive Revenue Trend: Examining Clean Harbors's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.19% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 6.69%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Clean Harbors's ROE excels beyond industry benchmarks, reaching 4.25%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Clean Harbors's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.48% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Clean Harbors's debt-to-equity ratio is below the industry average. With a ratio of 1.14, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.