Clean Harbors (CLH) to Release Earnings on Wednesday

Clean Harbors (NYSE:CLH - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, February 19th. Analysts expect Clean Harbors to post earnings of $1.36 per share and revenue of $1.43 billion for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

Clean Harbors Price Performance

CLH traded down $1.59 during trading on Friday, reaching $229.49. 399,720 shares of the company were exchanged, compared to its average volume of 300,054. Clean Harbors has a 12-month low of $176.02 and a 12-month high of $267.11. The company's 50-day moving average is $235.55 and its two-hundred day moving average is $242.57. The company has a quick ratio of 1.76, a current ratio of 2.10 and a debt-to-equity ratio of 1.10. The company has a market cap of $12.37 billion, a price-to-earnings ratio of 29.88 and a beta of 1.24.

Insider Buying and Selling

In other Clean Harbors news, Director Lauren States sold 308 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $245.06, for a total transaction of $75,478.48. Following the completion of the transaction, the director now owns 12,534 shares of the company's stock, valued at approximately $3,071,582.04. This trade represents a 2.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Brian P. Weber sold 861 shares of the business's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $261.31, for a total value of $224,987.91. Following the completion of the sale, the executive vice president now directly owns 59,346 shares in the company, valued at approximately $15,507,703.26. This represents a 1.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,477 shares of company stock valued at $374,091 over the last quarter. 5.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on CLH shares. Needham & Company LLC reaffirmed a "buy" rating and set a $268.00 target price on shares of Clean Harbors in a report on Thursday, January 16th. Truist Financial increased their price objective on Clean Harbors from $260.00 to $280.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. StockNews.com cut Clean Harbors from a "strong-buy" rating to a "buy" rating in a research report on Thursday, October 31st. Robert W. Baird lowered their price target on Clean Harbors from $300.00 to $285.00 and set an "outperform" rating on the stock in a report on Thursday, October 31st. Finally, TD Cowen began coverage on shares of Clean Harbors in a research note on Friday, December 6th. They issued a "buy" rating and a $325.00 price target for the company. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $269.44.

Clean Harbors Company Profile

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.