Clean Harbors (CLH) to Release Quarterly Earnings on Wednesday

Clean Harbors (NYSE:CLH - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $1.02 per share and revenue of $1.44 billion for the quarter.

Clean Harbors (NYSE:CLH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The business services provider reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.36 by $0.19. The business had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.43 billion. Clean Harbors had a return on equity of 16.33% and a net margin of 6.83%. The business's quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the firm earned $1.82 earnings per share. On average, analysts expect Clean Harbors to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Clean Harbors Price Performance

Shares of NYSE:CLH traded up $0.73 during trading on Monday, hitting $212.67. 360,594 shares of the company's stock were exchanged, compared to its average volume of 346,734. The business's 50-day simple moving average is $201.24 and its 200 day simple moving average is $228.52. The company has a market cap of $11.53 billion, a price-to-earnings ratio of 28.66 and a beta of 1.11. Clean Harbors has a 52-week low of $178.29 and a 52-week high of $267.11. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.21 and a quick ratio of 1.76.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CLH shares. BMO Capital Markets cut their price objective on shares of Clean Harbors from $284.00 to $270.00 and set an "outperform" rating for the company in a report on Thursday, February 20th. Stifel Nicolaus reduced their price target on shares of Clean Harbors from $290.00 to $285.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. Oppenheimer decreased their price target on shares of Clean Harbors from $256.00 to $254.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. StockNews.com lowered Clean Harbors from a "buy" rating to a "hold" rating in a research report on Friday, April 18th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $268.00 target price on shares of Clean Harbors in a research report on Thursday, February 20th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $258.40.

Insider Buying and Selling at Clean Harbors

In related news, insider Robert Speights sold 2,725 shares of Clean Harbors stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $190.44, for a total transaction of $518,949.00. Following the completion of the transaction, the insider now directly owns 40,008 shares of the company's stock, valued at approximately $7,619,123.52. The trade was a 6.38 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lauren States sold 308 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $228.79, for a total transaction of $70,467.32. Following the completion of the sale, the director now directly owns 11,918 shares of the company's stock, valued at approximately $2,726,719.22. The trade was a 2.52 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.60% of the company's stock.

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.