A Glimpse Into The Expert Outlook On Clean Harbors Through 7 Analysts

Comments
Loading...

In the last three months, 7 analysts have published ratings on Clean Harbors CLH, offering a diverse range of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 3 0 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 0 0 0
2M Ago 1 0 0 0 0
3M Ago 2 2 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Clean Harbors, presenting an average target of $273.86, a high estimate of $290.00, and a low estimate of $256.00. Observing a 2.02% increase, the current average has risen from the previous average price target of $268.43.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

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.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
James Ricchiuti Needham Maintains Buy $268.00 $268.00
Noah Kaye Oppenheimer Raises Outperform $256.00 $255.00
Michael Hoffman Stifel Raises Buy $290.00 $270.00
Tobey Sommer Truist Securities Raises Buy $280.00 $260.00
David Manthey Baird Lowers Outperform $285.00 $300.00
James Ricchiuti Needham Lowers Buy $268.00 $274.00
Noah Kaye Oppenheimer Raises Outperform $270.00 $252.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Clean Harbors. This information provides a snapshot of how analysts perceive 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: Understanding forecasts, analysts offer estimates for Clean Harbors's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Clean Harbors's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Clean Harbors analyst ratings.

All You Need to Know About Clean Harbors

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.

Unraveling the Financial Story of Clean Harbors

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Clean Harbors displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 11.99%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Clean Harbors's net margin is impressive, surpassing industry averages. With a net margin of 7.53%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Clean Harbors's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.64%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Clean Harbors's ROA excels beyond industry benchmarks, reaching 1.6%. This signifies efficient management of assets and strong financial health.

Debt Management: Clean Harbors's debt-to-equity ratio is below the industry average at 1.2, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: Simplified

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

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.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

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

Overview Rating:
Good
62.5%
Technicals Analysis
100
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
date
▲▼
ticker
▲▼
name
▲▼
Price Target
▲▼
Upside/Downside
▲▼
Recommendation
▲▼
Firm
▲▼

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!